43 sats \ 1 reply \ @south_korea_ln OP 22 Jul \ parent \ on: Developing countries face worst debt crisis in history, study shows econ
Add to that an inflating local currency, and you suffer even more if you hold foreign debt (dollar, yuan, etc).
write
preview
76 sats \ 0 replies \ @Bell_curve 22 Jul
The two are related.
They have to borrow from other countries and IMF because no one will buy their bonds
reply