Voice of Sachin Kumar

The world is on the brink of another financial crisis, and the root cause can be traced back to the United States' mounting debt problem. According to the Institute for International Finance, global debt has reached a staggering $281 trillion in 2020, and the US is leading the way with a debt of over $50 trillion by 2030 [1] . The US government has been spending more than it earns for decades, and this unsustainable path is leading to a disastrous economic collapse. The debt crisis can lead to steep losses for banks, both domestic and international, perhaps undermining the stability of financial systems in both the crisis-hit country and others [ 2 ]. The consequences of this crisis can be far-reaching and devastating. It can trigger a chain reaction that affects not only the US economy but also the global economy, leading to unemployment, poverty, and a massive loss of wealth. The debt crisis facing the poorest countries is one facet of a colossal global debt crisis. Including the

  Climate change is a global issue that has severe consequences for the planet, and the burden of its impact is not evenly distributed. Developing countries often bear the brunt of its effects, yet they are the least responsible for causing it. Therefore, these countries have increasingly turned to climate change data as a tool to demand aid and support from wealthier nations. In this article, we argue that developed countries must do more to support developing countries in mitigating the impact of climate change and highlight how they push their capitalist and imperialist agenda in the name of climate change. Firstly, developing countries are disproportionately affected by climate change due to their vulnerability to its impacts. They have less capacity to adapt and are often located in areas most vulnerable to climate change, such as coastal regions and arid areas. Climate change threatens the livelihoods of millions of people in these regions, from farmers whose crops are failing to