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Borrowing can make a country rich until it doesn’t
Debt can fund investment. But when it is used to pay for today’s consumption rather than tomorrow’s growth, the bill becomes unbearable, says Martin Beck At a personal level, millions borrow to buy ...
A more confident Xi Jinping will be hosting Narendra Modi, Vladimir Putin and about 20 other world leaders for the two-day SCO summit in Tianjin beginning on Sunday - more confident in the belief that ...
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