Gold's Role In The Largest Debt Crisis In History | Mean Reversion Trading Weekly Podcast: July 20, 2022 cover art

Gold's Role In The Largest Debt Crisis In History | Mean Reversion Trading Weekly Podcast: July 20, 2022

Gold's Role In The Largest Debt Crisis In History | Mean Reversion Trading Weekly Podcast: July 20, 2022

Listen for free

View show details

About this listen

  • Reuters reported on July 15, 2022, that a dozen countries are at risk of defaulting on their loans.

  • Lebanon, Sri Lanka, Russia, Suriname, and Zambia are already in default.

  • Many more are at risk as borrowing costs and inflation rise on top of record debt levels around the world.

  • The entire developing world is at risk.

  • The World Bank says that in the next year as many as a dozen countries will not be able to service their debt.

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.