Global public debt has ballooned to nearly 100 trillion dollars—an amount that's hard to even comprehend. Today, the world is more in debt than there are stars in our galaxy. And this burden disproportionately falls on developing countries, where debt is growing twice as fast as in the developed world. It’s time to reimagine our financial structures to better serve the needs of the Global South. https://lnkd.in/eVxyntNA #OurCommonFuture
A staggering sum indeed, a weight that will be carried by generations to come. Tanks Rebeca Grynspan for sharing!
Leonidas
Chair of Expothon Worldwide, a think tank for advancing the SME programs on "National Mobilization of SME Entrepreneurialism" across 100 countries. A recognized authority on new economic thinking on SME mobilization.
3moCritical traps.... Rebeca Grynspan.... Once highly trained, valuable, and globally respected citizens across Western nations are now lost holding degrees, confused into Wokeism blend Fakeism, and struggling in either dark and confused economies, debt-ridden broken economies, or death economies where skills or solutions only suggest dystopia. More on Google