Sunday Oct 20, 2024

Global Debt Crisis Looms as Blockchain Revolutionizes Finance

As the world's public debt is projected to hit $100 trillion, the IMF warns of a looming fiscal crisis that could impact global economies. Meanwhile, blockchain technology is reshaping financial planning, offering new investment opportunities and enhancing transaction security. In India, regulatory actions against DMI Finance signal a shift in the unsecured lending market. Plus, Alaska's Lt. Gov. approves a campaign-finance measure for a 2026 vote, reigniting discussions on money's influence in politics. Join us as we explore these critical financial developments and their implications for your future.

Sources:
https://finance.yahoo.com/news/world-100-trillion-fiscal-timebomb-200000663.html
https://finance.yahoo.com/news/blockchain-technology-impacting-financial-planning-220106184.html/
https://medium.com/tokyo-fintech/dmi-finance-mufg-portfolio-company-faces-lower-growth-after-rbi-action-c750813cf978
https://alaskabeacon.com/2024/10/19/alaska-lt-gov-dahlstrom-approves-campaign-finance-ballot-measure-for-2026-vote/

Outline:
(00:00:00) Introduction
(00:00:42) The World’s $100 Trillion Fiscal Timebomb Keeps Ticking
(00:03:02) How Blockchain Technology Is Impacting Financial Planning
(00:06:27) DMI Finance, MUFG portfolio company, faces lower growth after RBI action
(00:09:24) Alaska Lt. Gov. Dahlstrom approves campaign-finance ballot measure for 2026 vote

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