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Wednesday, 14 July 2021

The Debt Mountains

 


Let us start again.  COVID19 is the right time to ease the level of debt on lesser wealthy nations harbouring huge debt. You can bet your bottom dollar lesser nations less fortunate than most are borrowing to get their respective countries through the Pandemic.

The wealthy countries should be tasked with removing debt payments from minnows and start the world finance markets with a clean slate.

If not possible then stop charging minnows exorbitant interest repayments.


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