Tag: Debt

Pandemic, The Russo -Ukrainian conflict leading to subsequent collapse and downfall of the market and debt- trapping of China have to fiscal status of many nations like Senegal on the verge of collapse. Different countries like Sri Lanka, which have puppets of China at the helm of nations' power with a greedy intention to keep it, have led to the nation's inflation rate going beyond 55%, power cuts and anarchy Sri-Lankan economy collapsing. Despite India handling the pandemic well compared to other countries, some states have been listening to RBI's case study report these nations to the most economically stressed conditions. These states have been falling behind economically and are possibly mini Sri Lanka which could implode India's entire economy. On the 11th of June 2022, The Re...