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The boss of Africa's biggest bank
Business Daily
How Does Borrowing and Leverage Impact the Ordinary Man on the Streets?
African government borrow a lot of money from China, Russia and the World Bank. How does this borrowing affect an average person in the continent? First of all, should they be borrowing this sort of money? And secondly, how does it impact the ordinary man on the streets? Borrowing and leverage enables countries and individuals to consume and then defap the message to the future.
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