Global currency collapse in 2020?
Can the current economic crisis spiral into a full-blown currency crisis? And if so, will multiple currencies fail simultaneously? I do not pretend to know the answers, but here are my thoughts. Summary The bond market (debt market) is very fragile. Quantitative easing (QE) by central banks may have saved it from collapse during the 2008 banking crisis. This time around it’s not only banks, but everything from company junk […]