Geopolitics
The Sovereign Debt Trap: How Western Financial Imperialism is Consuming Its Own Architects
Central banks are trapped in a perilous dilemma, pressured to act as backstops for cash-strapped governments with soaring debt while trying to maintain financial stability and their own independence. This crisis exposes the fundamental hypocrisy and failure of a Western-dominated financial architecture that has long used monetary policy as a tool for fiscal profligacy, now threatening to collapse under the weight of its own imperial excesses while the Global South watches the decay of a system never designed for its benefit.