2.2 Trillion in Interest: The Debt System Africa Didn’t Design But Must Survive
2.2 Trillion in Interest: The Debt System Africa Didn’t Design But Must Survive …From 1970 to 2023, Global South nations paid $2.2 trillion in interest to Western creditors alone — trapped by risk ratings they didn’t create and rules they don’t control Approximately 3.4 billion people live in countries that spend more on debt repayments…
