crises

Opinion: High debts and stagflation will bring the mother of all financial crises

Opinion: High debts and stagflation will bring the mother of all financial crises

NEW YORK (Project Syndicate) – The global economy is heading for an unprecedented confluence of economic, financial and debt crises, following the explosion of deficits, borrowing and debt over the past few decades. In the private sector, the mountain of debt includes that of households (such as mortgages, credit cards, car loans, student loans, personal …

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Analysis |  Fleeing China?  Credit crises lurk everywhere in emerging markets

Analysis | Fleeing China? Credit crises lurk everywhere in emerging markets

Comment this story Comment Global investors fed up with the default drama of Chinese property developers have sought safe havens elsewhere. They leave disappointed. Credit crises lurk in every corner of emerging markets and the latest scares are no less dramatic. Earlier this month, South Korea’s Heungkuk Life Insurance Co. rocked bond investors with a …

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