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Meaningful Debt Relief Probably Isn’t Going to Happen. We Should All be Worried.

The Financial Times newspaper deserves a lot of credit for calling out the world’s wealthiest governments for their glaring hypocrisy on the issue of African debt relief. While treasuries in the U.S., Europe, Japan, and China come up with new creative solutions to insulate their populations from the effects of the economic downturn brought on by the COVID-19 outbreak, they have all but abandoned the world’s poorest countries.

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