Tag: Corporate debt

Dependence on private corporations to fix inequality and climate change will be a dead end

Dependence on private corporations to fix inequality and climate change will be a dead end

Global economy faces $19tn corporate debt timebomb, warns IMF Here we have the IMF warning the capitalist class, and the governments that protect it, that they have a problem. Interest on corporate debt that cannot be repaid. It’s yet another problem of their own making. The IMF is a capitalist institution and is one of…

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