World bank warns massive debt wave could crash on developing countries

[MindWars]

Yahoo – A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned Thursday. And if the wave breaks, it could be more damaging since it would engulf private companies in addition to governments, at a time when economic growth is sluggish, according to a new report that covers four debt surges from 1970-2018. “The size, speed, and breadth of the latest debt wave should concern us all,” World Bank President David Malpass said in a statement. “Clearly, it’s time for course corrections,” he added.

World Bank warns Massive debt wave could crash on developing countries


Crashing us won't be hard but to make iit look like it's Trump's fault oh these leftist pigs foam at the mouth thinking of ways to blame him. HONEYEEEE THESE SOB'S HAVE HAD THIS COUNTRY IN THE HOLE LONG BEFORE TRUMP OR OBAMA, BUSH INCLUDED.

 

[Likkmee]

It already did.

 

[Bo Didleysquat]

Yes, they use this type of thing to economically rule and then steal resources all the time.