... post-Covid setting. On the investment front, one of the uncertainties has to do with the likely re-formatting of the national projects, which were to serve as the main platform for infrastructure and industrial development in which private sector was to co-finance projects with the funding from the federal and regional budgets. On the consumer side, the detrimental effects on consumer confidence arising from the pandemic may be compounded by adverse demographics as well as changing consumption patterns....
... financial markets are to change, let us consider the impact of these factors separately.
Andrey Kortunov:
Global Victory Over COVID-19: What Price Are We Willing to Pay?
The Debt as it Stands
A key element of the
“new abnormality”
that has characterized ... ... from $22.7 to $26.7 trillion. This is the largest increase in U.S. national debt ever. A considerable amount of this debt is financed through the extraordinary growth of the U.S. stock market, which currently accounts for
over half
of the combined capitalization ...
... which together account for the bulk of global FDI, estimate that profits will shrink by 30 per cent on average as a result of COVID-19. The
energy and basic materials industries
will be hit the hardest (−208 per cent, taking the shock from the drop ... ... This category of banks makes money through payment services only. With 100 per cent reserves, the government is thus able to finance its expenses at a zero-interest rate and does not have to resort to expensive loans. Accordingly, the issuance of risky ...
