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School of Law

Buckle up for turbulence: why a global debt crisis looks very hard to avoid

Professor of Banking and Finance Law, Professor Rodrigo Olivares-Caminal wrote an opinion piece for The Conversation discussing the possibility of a global debt crisis.

Paper money falling against a black background

He writes: “Moody’s, one of the big three credit rating agencies, is not upbeat about the prospects for the world’s debt in 2020 – to put it mildly. If we were to try to capture the agency’s view of where we are heading on a palette of colours, we would be pointing at black – pitch black.”

Read the full piece here.



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