The world has entered an unknown territory in terms of the debts that weigh on the major economies. Seven major economies are carrying debts higher than their annual GDP, something that has never happened in combination with such high interest rates. Their currencies are ripe for a series of devaluations reminiscent of [...] The entry In Foreign Policy: The mother of all monetary crises is on the horizon was first published in AgendAR.
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The world has entered an unknown territory in terms of the debts that weigh on the major economies. Seven major economies are carrying debts higher than their annual GDP, something that has never happened in combination with such high interest rates. Their currencies are ripe for a series of devaluations reminiscent of [...] The entry In Foreign Policy: The mother of all monetary crises is on the horizon was first published in AgendAR.