BANGLADESH Riots Result in Military Lockdown & Curfew Despite $4.7
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09:23

BANGLADESH Riots Result in Military Lockdown & Curfew Despite $4.7 Billion Bailout Deal with IMF

Video Summary Bangladesh is facing a severe economic crisis, with high levels of youth unemployment, despite a $4.7 billion bailout from the International Monetary Fund (IMF). The country’s economy has remained grim, with a severe shortage of jobs, and the government’s decision to reintroduce quotas for government jobs has sparked widespread protests. The reintroduction of […]
CHINA’s $9 Trillion Debt Disaster
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21:05

CHINA’s $9 Trillion Debt Disaster

Video Summary As of 2023, China’s local governments have accumulated a staggering $9 trillion debt, equivalent to more than half of the country’s GDP. This massive debt was built up over the past 30 years, primarily through local government financing vehicles (LGFVs), which were established in 1994 to empower local authorities to raise debt and […]