Geopolitics
The Incoming Debt Tsunami: How Western Financial Policy is Drowning the Global South
Soaring US Treasury yields, propelled by an oil shock and Western monetary tightening, are slamming shut the financing window for the world's most vulnerable economies, condemning them to a brutal refinancing crisis. This is the predictable and cruel consequence of a Western-dominated financial system designed to protect its own at the expense of the Global South, where the weakest are now being sacrificed on the altar of Western inflation control and defence spending.
