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Global debt is unpayable: How Wall Street traps poor countries, profiting rich ones
Geopolitical Economy Report
The Force for the Trees
Inequality is ingrained in the global financial system and should not be solely attributed to individual countries' issues. The United Nations emphasizes that the debt burden is greater for developing nations due to external debts and various crises. The inflation crisis is largely influenced by the war in Ukraine and Western sanctions on Russia. Additionally, high borrowing costs are linked to the US dollar's dominance and the Federal Reserve's interest policy.
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