A developing country can become destabilized when faced with foreign bond payments. A solution to this is lower interest rates. Or, perhaps investments to help a country develop its local economy in the future to be less reliant on others could make a difference.
Reenvisioning foreign bond payments can lower the risks of war, sex trafficking, corruption regimes, crime, hunger and starvation, drug trafficking and the diaspora that separates families through mass exits.
by Watchthenews August 4, 2019