Zero interest rates, heavy debt will be new normal in coronavirus recovery

//Zero interest rates, heavy debt will be new normal in coronavirus recovery

Zero interest rates, heavy debt will be new normal in coronavirus recovery

The Covid-19 pandemic has exposed several fault lines in the world that existed before the crisis struck. The widening income gap between rich and poor, the rising political divide between the incumbent leader and rising power, and the enduring wedge between the real economy and financial markets, have all been exacerbated by this once-in-a-generation public health crisis.Amid the immense shock, central banks have taken unprecedented steps to prevent the global economy from collapsing into…

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By | 2020-07-15T14:00:12+00:00 July 15th, 2020|Business|Comments Off on Zero interest rates, heavy debt will be new normal in coronavirus recovery