A reckoning is coming in credit that has not been fully tamed by an excess supply of liquidity… Financial crisis could emerge from pandemic

https://twitter.com/vol_christopher/status/1317082916648869888

Borrowing Costs Contract as Lending Standards & Bankruptcies Climb to GFC Heights – ⁦@SoberLook⁩ ⁦@Quillintel⁩ pic.twitter.com/FOEPPiIuOz

— Rob Hager (@Rob_Hager) October 16, 2020

Global Money Supply and Bank Loans

(source:Yardeni) pic.twitter.com/UwJTTJ0MUy

— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 16, 2020

World Bank Chief Economist Carmen Reinhart Says Financial Crisis Could Emerge From Pandemic

World Bank Chief Economist Carmen Reinhart said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging.“This did not start as a financial crisis but it is morphing into a major economic crisis, with very serious financial