Seven countries, including Pakistan, Sri Lanka, Bangladesh, Venezuela, Argentina, Zambia, and Ghana, are teetering on the edge of bankruptcy or desperately seeking bailouts due to crippling debt, inflation, and economic instability. Despite some receiving IMF lifelines or undergoing debt restructuring, their financial struggles persist, with poverty and default risks remaining significant concerns. As these nations strive to recover and stabilize their economies, the global community is reminded of the complexities and challenges of economic crisis management, highlighting the need for sustainable solutions and careful consideration of bailout strategies to prevent future financial catastrophes.

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