Bruno Mars Addresses Debt Rumors

Pop star Bruno Mars is finally speaking out about rumors that he owes money to MGM Resorts. Over the weekend, during the opening stop of his Romantic Tour, Mars joked about the speculation while on stage with fellow Silk Sonic member Anderson .Paak. At one point, he said, “Andy, I’m sorry you’re going through all…

The Juggling Act – Thomas Savidge

In An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith discussed the dangers of governments using debt monetization, the process of paying off debts by currency debasement. Smith warned that debt monetization amounted to a “soft” default. He wrote, The honour of a state is surely very poorly provided for,…

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Borrowers’ Platform: A stronger voice for developing countries on debt

What’s the Borrowers’ Platform? The Borrowers’ Platform is a dedicated space enabling developing countries that are borrowers to come together, share knowledge, exchange experiences and speak collectively on debt issues. It allows countries to: Share experiences and practical solutions. Learn from each other. Strengthen their capacity to manage and respond to debt challenges. Engage more…