Global debt soared by a whopping $24 trillion to an all-time record of $281 trillion, or 355 per cent of gross domestic product (GDP) in 2020.
Massive government aid and the decline in state and corporate revenues caused the borrowing … Read the rest
Global debt It is expected to surge to over 342 per cent of GDP or $270 trillion. Much depends on the length of the pandemic and depth of recession
EXTENSIVE global debt is likely to impede economic growth once the … Read the rest
Global leaders, health & economists must hold an international conference to prepare for future epidemics and discuss innovative measures to counter economic crises
A Bretton Woods-style international conference should be held to discuss innovative ways to prepare for epidemics and … Read the rest
Beware of “bull traps”. As opposed to previous bear markets this one is the combination of health, business and financial worries.
The bear market of 2020 is very different from its predecessors.
Bubbles ending in busts, credit crises and wars … Read the rest