Global central bank assets just reached $31T for the first time.
No end in sight. pic.twitter.com/7WE2d6nYfE
— Otavio (Tavi) Costa (@TaviCosta) April 16, 2021
The Fed's balance sheet grew by $84 billion in the past week, the most in a month, to a new high of $7.79 trillion. pic.twitter.com/YMmNOtvhXC
— Lisa Abramowicz (@lisaabramowicz1) April 15, 2021
Intangible assets make up as much as 70% of S&P 500’s total book value@biancoresearch @Bloomberg pic.twitter.com/i8KQXlUpZY
— Liz Ann Sonders (@LizAnnSonders) April 16, 2021
Unsustainable corporate and government debt racked up during the coronavirus pandemic is emerging as a major credit risk to the global economy and trade.
Marsh, one of the world’s biggest insurance brokers, says its annual political risk map has tracked the largest ever increases in economic risk for 2021, which is also characterised by inequality between rich and poor nations and advancing trade nationalism.
“Strains on public financing in emerging markets will result from increases in sovereign indebtedness and may create unfavourable conditions for domestic and foreign-owned businesses,” the broker says.
“Increased sovereign risk can ultimately lead to government defaults, currency crises or even an inability to convert local currency into hard currency, and to transfer such currency out of the country,” Megan Marshall, global sales leader of Marsh’s credit specialties practice, tells GTR.
- PEDOPHILES ARE OFFICIALLY A PROTECTED CLASS IN AMERICA NOW
- Armstrong: Prepare for WWIII: The West NEEDS war because the entire financial system is collapsing
- Congressman Jim Jordan gets Debbie Birx to admit the truth…
- Fed throws Biden under the bus, says hes collapsing the country
- Comedian Alex Stein Trolls Leftist Protesters Outside His NYC Comedy Show
- A Major Prophetic Voice Is Warning That Food Confiscation Will Happen In America When Shortages Get Really Severe
- Dr. Geert Vanden Bossche forecasts total chaos within 2 months.
- Why Are They Still Pushing the Global Warming Hoax When We Have Real Problems to Take Care Of?
- Biden Admin Reportedly Losing Faith in the Ukraine Victory Plan
- This is What Happened in Kremenchug
Views: 3