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

 

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