so they are adding to your interest rate and then, your currency begins to go down, so you are trying to get enough money to pay back that dollar debt. that is a difficult situation. and what it means is businesses really are freezing, in many parts of the world, waiting for this to get sorted out. as you and i sit here and speak, we know that the us vice president kamala harris is on a trip to africa, ghana, zambia, tanzania, trying to boost us investment but those countries, like many other countries, have borrowed heavily from china. i am wondering how concerned are you that these countries will possibly suffer as a result of this rivalry between the world s two biggest economies? i ll look at it a little differently. 0k. both of those big economies are potential investors within around the world. and so, the countries are competing for that investment and that may be healthy for developing countries to look and see
vital for people trying to get up from the bottom. vital for people trying to get up from the bottom. staying on this because, from the bottom. staying on this because. as from the bottom. staying on this because, as we from the bottom. staying on this because, as we know, from the bottom. staying on this because, as we know, part - from the bottom. staying on this because, as we know, part of. from the bottom. staying on this| because, as we know, part of the problem, of course, in the banking world, is linked, in some degree, to the higher interest rates for the us dollar and other major, major currencies. just explain what impact thatis currencies. just explain what impact that is having on the developing world and its ability to repay the debt? because, every time i see an interest rate going up i m thinking, just makes it more expensive for those poorer nations. i5 just makes it more expensive for those poorer nations. those poorer nations. is interest rates to those poore
poorer country, the market already says, boy, you must be risky so they are adding to your interest rate and then, your currency begins to go down so you are trying to get enough money to pay back that dollar debt. that is a difficult situation and what it means is businesses really are freezing in many parts of the world, waiting for this to get sorted out. is world, waiting for this to get sorted out- world, waiting for this to get sorted out. , , ., . , sorted out. is you and i sit here and speak sorted out. is you and i sit here and speak we sorted out. is you and i sit here and speak we know sorted out. is you and i sit here and speak we know that - sorted out. is you and i sit here and speak we know that the - sorted out. is you and i sit here and speak we know that the us | sorted out. is you and i sit here - and speak we know that the us vice president kamala harris is honoured trip to africa trying to boost us investment but like many other countries they are borrowed he
when we have that tragic shooting if you say that 5 african-american rogue cops killed a innocent african-american victim in a city that mostly black with a black police chief and black assistance police chief, you tells us that is a symptom of tw white racism, sort of jump the shark, here in california, a 25 billion dollar debt of reparations for slavery that was eliminated 158 years ago, in i in a state that was never part of the confederacy, it was part of the union and 27% of the population was not born in the united states. white so-called white minority makes up about a third of the state s p
when we have that tragic shooting if you say that 5 african-american rogue cops killed a innocent african-american victim in a city that mostly black with a black police chief and black assistance police chief, you tells us that is a symptom of twic white racism, sort of jump the shark, here in california, a 25 billion dollar debt of reparations for slavery that was eliminated 158 years ago, in i sta in a state that was never part of the confederacy, it was part of the union and 27% of the population was not born in the united states. white so-called white minority makes up about a third of the state s po