In this decade, we’ve seen five countries go bankrupt, or pretty much bankrupt for all practical purposes. Greece. Lebanon. Zambia. Suriname. Sri Lanka. Meanwhile, Tunisia and Pakistan are being closely watched. Their status is that of patients in intensive care. Tunisia’s  public debt has more than doubled from 39 per cent of GDP in 2010, … Continue reading As Sri Lanka has shown, the world economy is in for a Micawberesque period