Gamal Mubarak, a former Bank of America employee, transitioned Egypt's economic model from a welfare state to a microcredit development model, which led to police enforcing debt collection through physical violence because borrowers lacked collateral.

Authors

• Person: Alex Bradshaw Organization: No Border Network
  Alex Bradshaw about the history of the phenomenon of debt

Sources

• Alex Bradshaw about the history of the phenomenon of debt davidgraeber.org Alex Bradshaw · No Border Network via serper

Referenced by nodes (1)

• Bank of America Corporation entity