Whole world is facing a debt crisis

Richer countries can afford to stop it
Debt problems are contagious, as was seen with the Latin American debt crises of the 1980s, the Asian financial crises of the 1990s, and the Eurozone debt crises of the 2010s.
Patrick E. Shea - Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost imposs
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Namibian Sun 2025-04-03

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