The biggest virus?

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The Debt Virus That Threatens The World Economy

 

The Coronavirus panic has once again exposed the fragility of the World’s financial system. The problem is too much debt, probably relative to GDP (i.e. solvency risk) and almost certainly relative to liquidity (i.e. re-financing risk). The only remedy is to off-load private sector debt through looser fiscal policies, but the near-term fix requires more liquidity, namely QE.

 

 

 

See our latest published research, Global View - The Debt Virus That Threatens The World Economy -  March 2020

 

Please find either a link to our website, or an email attachment. 

For further information, or to change user options, please contact us at crossbordercapital@liquidity.com 

 

    
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