Solving the World’s Debt Crisis, Can International Collaboration Solve a Monetary Spiral?
2021-01-22
What happens when entire countries can no longer pay their debts in the 21st century? Is the international economy strong enough to handle dozens of insolvent countries—especially in the middle of a global pandemic? This article explores how countries became indebted before and during COVID-19 and whether the current strategy of sovereign debt reduction is an effective way to stabilize countries in the midst of a public health crisis.Continue Reading