The Financial Crisis the World Forget

by | Mar 24, 2021 | Archives

What happens when trust in the credit market is lost?

In 2020 the US barely averted the most serious type of financial meltdown, a crash in the debt market. See the story of what happened here.

www.nyt.com

Credit markets are the roots of the world’s finances. Image from the Seattle Times article “The financial crisis the world forgot” (1).

If trust in the borrowers is lost, just like in the stock market, the price of bonds can crash.  This can create an economic disaster.

See how to survive and be ready to cash in on the recovery here.