ANALYSIS
Analysing global financial meltdowns
Why has the global stock market got into a turbulence zone and will the United States plunge the planet into a financial abyss? Folk wisdom has it: It is easy to borrow, but it is hard to pay back. Realising this, Aleksandr Lukashenko has repeatedly stated that ‘we must live within our means’. Therefore, one of the fundamental principles behind the management of the Belarusian state is the avoidance of burdensome debts. As a result, Belarus’ national debt, amounting to about 24 percent of GDP, ...
14.08.2024global , finance , analysis , meltdown , crisis , national debt , USA , west , digitalisation , de-dollarisation
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