Just wondering peoples thoughts on adding the latest round of western world debt to fight the Covid 19 impact ?
I'm not suggesting that their any other real choice open to central banks and governments but the PINK ELEPHAN in the room is the assumption the this debt will always be managed ... is it possible that a universal write/off of x% will happen at some stage ?
If so who would the big losers be : Investment funds / Pensions ...!!!
I'm not suggesting that their any other real choice open to central banks and governments but the PINK ELEPHAN in the room is the assumption the this debt will always be managed ... is it possible that a universal write/off of x% will happen at some stage ?
If so who would the big losers be : Investment funds / Pensions ...!!!