The #costoflivingcrisis has an #international dimension:

across the developing states (& especially low income countries) the cost of borrowing (#publicdebt) has been increasing at the very same time that the global market conditions (& associated regulatory environment) have worsened....

As Martin Wolf (FT) is now arguing, it is time for a massive programme of #debtrelief before we see even worse outcomes across the poorer countries of the world!

#DebtJubileeNow!