Lionel Shriver Lionel Shriver

The world is stuck in a debt trap

I don’t usually get up early just for an appointment at a bank. Yet last Tuesday in New York, I lost sleep in order to slam a trove of savings into a certificate of deposit. Surely I could have delayed the quotidian chore for any old day. What was the hurry? I wanted to ensure that the cash would earn a Great Big Two Per Cent.

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