This isn't ordinary collapse. ₹57,000 crore is roughly the annual budget of a small Indian state. This debt doesn't get paid through normal business. It requires complete restructuring or a sale to someone else entirely. #DebtBurden

Lee Camp quote as follows: "We're much easier to control when we're dumb and deeply in debt. That's why public ed is gutted and college is insanely expensive. A well-informed critical thinker will want a revolution. If you're working three jobs to pay off loans, you won't be at protests."

#LeeCamp
#Education
#Revolution
#DebtBurden
#DebtSlavery
#DumbingDown
#IgnorantPopulace

"4 in 5$/0$ are a burden to individuals but often an asset to nations. 💵 Wealthy individuals can thrive with debt, while its crippling effects on lower-income groups highlight economic inequality. 📉 #DebtBurden #Econ... learn how i got $1256 grant for my business: tinyurl.com/financialhel...

4/13 Since 2008, trillion-dollar deficits have pushed U.S. debt to 100% of the economy—approaching World War II levels. The combination of rising debt and interest rates has driven annual interest costs from $352 billion in 2021 to nearly $1 trillion this year.
#DebtBurden #InterestCosts

Kenya’s counties face imminent shutdowns over cash shortages, with debt repayments consuming 45% of funds. Treasury delays worsen the crisis, stifling development and services. Urgent fiscal reform is critical. #KenyaCrisis #DebtBurden

Indebtedness suffocates developing countries A few hours before the end of 2023, the World Bank (WB) showed the scandalous figures paid by developing countries in debt service payments, an issue that

Debts need to be forgiven before they crush developing nations: Indebtedness suffocates developing countries #Globalsouth #debtburden #economics #humanrights #developingcountries www.pressenza.com/2024/01/inde...