JUST IN: 🇺🇸 BlackRock CEO Larry Fink on National Debt:
"No matter how much we tax, how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical."
As Sub-Saharan Africa leapfrogs into the digital age with digital currencies, IMF economists look at the risks and opportunities of different types of digital payment instruments. Read more. afis.africa/en/insight/dig…
Heres a sypnosis of Banks in a Nutshell:
Home Loan: R1 million
Term: 20 years
Interest: 11%
Repayment: R10,400pm
Total payback: R2,463 million
The bank makes R1 463 million profit on nominal terms over the
#Reading@WorldBank highlights the role innovative finance plays in generating additional development funds. This overview unpacks why innovative finance is needed in developing countries and its importance in the overall development picture. More: bit.ly/3yYUwwC
Stablecoins are far from the revolutionary ideals of crypto’s creators and are not without risk. Read our latest Back to Basics F&D article and watch this video to learn more. bit.ly/3RAcVH4
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April18-20 Munich, Germany
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