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US Fed- Induced World Stagnation Deepens Debt Distress


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KUALA LUMPUR, Malaysia, Jul 08 (IPS) – For some time, most multilateral financial institutions have urged developing countries to borrow commercially, but not from China. Now, borrowers are stuck in debt traps with little prospect of escape.

Read the full story, “US Fed- Induced World Stagnation Deepens Debt Distress”, on globalissues.org

KUALA LUMPUR, Malaysia, Jul 08 (IPS) – For some time, most multilateral financial institutions have urged developing countries to borrow commercially, but not from China. Now, borrowers are stuck in debt traps with little prospect of escape.Read the full story, “US Fed- Induced World Stagnation Deepens Debt Distress”, on globalissues.org →