Like many Americans, most countries are in a lot of debt.  Developing countries, alone, carry nearly $31 trillion worth of debt. Enough debt to give everyone in the world a check for $3,750. Or to pay for Jeff Bezos to throw a $50 million wedding in Venice every weekend for the next 11,900 years. Or, at least in theory, to solve world hunger with trillions to spare.  But instead, many countries across Africa, Asia, and Latin America are saddled with so much debt that today more than 3 billion people — over one-third of humankind — live in nations that spend more on interest payments...

3 days ago

On HALO