Currencies war:_The inflation rate in 1993 was 2.99%. The current inflation rate compared to last year is now 8.52%. If this number holds, $550,000 today will be equivalent in buying power to $596,886.48 next year. The current inflation rate page gives more detail on the latest inflation rates. 📚 货币战争
I think it is not debts making problem of developing countries, but the system problem! How could support developing countries to develop? It is impossible without capital. They exchange their cheap resources with expensive west goods. The debts would never be paid back! I was coming to germen without money, only cash gifts from grandmother. All were paid by my germen boss! I even had saving from my job!
Communisum china had no foreign debts, but it was blamed from the west as totalisum! When I was studying in bonn university in 1980s, I was wondering why many african people were studying social science instead of technology.
