by mark000
Current major worries:
- Global markets are looking extremely precarious. (Stocks, Corporate bonds, Sovereign bonds, Energy, Commodities, Crypto, Real Estate)
- In the event of a severe market meltdown (hello October), will the global financial system (banks, credit markets, currencies) avoid collapse? Can the central banks & governments contain a crisis worse than 2008’s GFC should that eventuate?
- World War 3: chance of this occurring has increased somewhat this year.
- Other problems (Covid, Hurricanes, China/Taiwan etc)
“In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could”. – late MIT professor Rudiger Dornbusch
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