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
let them eat debt,
bear market,
econ
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With number 4 - Ukraine - being a mixture of the war and the economical instability and downslide since the coup.
So much for the "fair competition" and "only data matters"...
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