Mohamed Karkoti Writes: the Debt Epidemic

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Despite the remarkable leaps in economic performance in the wake of the global economy's overall damage to the international scene, the modest growth of almost all economies, fears of loss of control over inflation, and fear of excessive borrowing costs, combined with mounting sovereign-debt pressures, have raised uncertainty. More recently, concerns about the debt of all developed and emerging markets have increased, and, of course, the poor ha…