....“The rapid increase in debt payments in many countries comes after a boom in lending, a fall in commodity prices, the rising value of the US dollar and now increasing dollar interest rates,” said Jones. He warned there was a danger that loans from the International Monetary Fund (IMF) and other lenders would be used to bail out
“reckless lenders” who were at risk of not getting repayments from crisis-hit countries. ...
[Read full article on Guardian
Monday 13th of March 2017 07:00:26 AM