The Tuna Bonds Scandal and the fishy business of hidden debt
The Indicator from Planet Money
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Hidden Debt and Its Harrowing Effects: The Tuna Bond Scandal
This chapter examines the hidden debts that plunged Greece and Mozambique into financial crisis, centering around the controversial Tuna Bond scandal. It reveals the devastating impact of financial secrecy on economies, leading to heightened poverty and stringent austerity measures, while also addressing the legal repercussions for those involved in the fallout.
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