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  • Sunday Independent

    DEBT CHICKENS COMING HOME TO ROOST

    Oct 25, 2020 2 minutes
    VICTOR KGOMOESWANA @VictorAfrica

    MY FATHER hated debt, and the indebtedness of several African countries helps me appreciate why.

    In his eyes, creditors owned debtors. His African pride could not stomach that. He was not against debt in itself, but consumption debt. As opposed to productive debt – whose end is to buy or build assets,

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