New Analysis Reveals 22 More Countries in Debt Crisis
The unfolding drama inside the Greece's debt-struck economy has been captivating and heartbreaking at the same time. It has given us - the common people - a preview of a once-wealthy country, falling prey to the 2008's Wall Street implode, and further reaching to the verge of being called a bankrupt. But considering Greece as the sole sufferer of some economic meltdown is a mistake. The country's plight can now be compared with more than 20 other nations that have reported to be going through a similar debt trap. A recent analysis by the Jubilee Debt Campaign has further brought forth the....
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With the current macroeconomic crisis unfolding and many European countries at risk of debt defaults, bitcoin enters the ring as a neutral reserve asset.
What is so important about the gross domestic product to debt ratio and how can bitcoin help the poorest countries avoid another debt crisis?
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