If all governments are borrowing to fight Covid, who is lending?

| January 8, 2021 | Leave a Comment

Item Link: Access the Resource

Media Type: Article - Recent

Date of Publication: October 27

Year of Publication: 2020

Publication City: London, UK

Publisher: Prospect Publishing Limited

Author(s): Tony Yates

Categories: , , , ,

Money does not work how you might think.

Earlier this month, comedy writer and director Armando Ianucci tweeted out: “Genuine questions: if most countries are borrowing heavily to pay for the pandemic, who are they borrowing from, and is there some mechanism in place to agree to write off most of each other’s debt?”

Read the full article here.

 

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