Borrowing money

Common Sense Investing: Is Investing Too Easy?

When I was a child, life hurt me. We didn’t have all the safety equipment, rules and regulations to keep us from scratching our knees. When we hurt ourselves doing something stupid, our parents would usually say, “Well, I hope you’ve learned your lesson. “I rode the bike once with …

Read More »

Credit trap: debt and dispossession in Central Asia

Since 2006, illegal debt collection agencies have flourished in Kazakhstan, where besides only 193 officially registered agencies, at least a thousand operate illegally. In 2019, the country’s banks sold problematic loans worth 611.6 billion tenge ($ 1.4 billion) to collection agencies. Publication on Kazakh social networks video and voice recordings …

Read More »