The Debt Trap

Synopsis

Sovereign debt has become a critical issue affecting national sovereignty and public services. In Sri Lanka, the government ceded control of a strategic port for 99 years due to financial pressures, while Kenya faces widespread protests over tax increases linked to debt management. This episode examines how mounting debt forces governments to cut essential services like hospitals and schools, allowing creditors to exert influence over national decisions. The implications of unmanageable debt raise questions about who truly controls a nation's future.