Is Debt an Enemy or a Friend?

The financial Times 2010 named the Nakumat CEO as one of the top influential businessmen in the world, alongside Equities bank James Mwangi and Nigerian industrialist Aliko Dangote. The biggest Eastern Africa supermarket went belly-up a couple of years later.

Debts is a looming threat to big empires and individuals as well. Governments could experience foreign investors flight when they feel that states may not…