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.
20 November 2019
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.”