Mar 23, 2022 07:34
I don't mean the people living inside these countries, I mean the governments running these countries -- the following governments are having so much trouble raising cash that they are paying interest of 20% or more (either short-term or long-term) on their debts:
Russia (20%)
Zambia (25%)
Turkey (27%)
Ukraine (35%)
Argentina (50%)
Venezuela (58%)
let them eat debt,
bear market,
econ