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1929 vs. Now: The Difference is Where the Debt is

Economic bubbles throughout history tend to follow similar patterns, but they are never exactly the same. In 1929 and 2008, there was a lot of debt — but most of it was owned by the private sector. Today, the government sector has a lot of the debt. Still, one man’s debts are another man’s assets. And when the bill comes due and the debt ...

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$Sierra Leone’s 2026 National Budget, presented on November 28, 2025 by Finance Minister Sheku Fantamadi Bangura, is built around economic growth and strong protection for the vulnerable. Key pro-poor and social highlights: \t•\tCash transfers to 20,000 extremely poor households via NaCSA to cover food, education, and healthcare needs. \t•\tDedicated cash support for all citizens aged 75 and above to ensure dignified living for the elderly. \t•\tNLe 16 million total allocated to fight the Kush/dr$