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Privatizing human existence in debt-trapped nations

Privatizing human existence in debt-trapped nations
Image: Arab News

When the International Monetary Fund published its Fiscal Monitor in October 2024, the headline figure — global public debt cresting at an unprecedented $100 trillion — masked a far more dangerous macroeconomic directive. Confronting this historic deficit, international lending institutions are actively demanding the structural withdrawal of the state from public healthcare and basic education. Across struggling economies like Argentina…

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