labbbb@thelemmy.club to No Stupid Questions@lemmy.world · 1 year agoWhy are so many countries in the world “developing” and poor, while essentially only Western countries have a high standard of living?message-squaremessage-square114fedilinkarrow-up1144arrow-down118
arrow-up1126arrow-down1message-squareWhy are so many countries in the world “developing” and poor, while essentially only Western countries have a high standard of living?labbbb@thelemmy.club to No Stupid Questions@lemmy.world · 1 year agomessage-square114fedilink
minus-squaredoublejay1999@lemmy.worldlinkfedilinkarrow-up6arrow-down2·1 year agoIt’s #debt https://www.bing.com/search?q=3rd+world+debt&form=QBLH&sp=-1&ghc=1&lq=0&pq=3rd+world+debt&sc=9-14&qs=n&sk=&cvid=1A1F8F51944F4DACA4287FD32C93819E&ghsh=0&ghacc=0&ghpl=
minus-squarelabbbb@thelemmy.clubOPlinkfedilinkarrow-up1arrow-down1·edit-21 year agoI’m just curious. Considering that, for example, there is political and economic instability in RuSSia, there is no justice, RuSSia does not pay for international debts, even because of sanctions. What happens if other countries refuse to pay?
It’s #debt
https://www.bing.com/search?q=3rd+world+debt&form=QBLH&sp=-1&ghc=1&lq=0&pq=3rd+world+debt&sc=9-14&qs=n&sk=&cvid=1A1F8F51944F4DACA4287FD32C93819E&ghsh=0&ghacc=0&ghpl=
I’m just curious. Considering that, for example, there is political and economic instability in RuSSia, there is no justice, RuSSia does not pay for international debts, even because of sanctions. What happens if other countries refuse to pay?