US & Canada
Is US coronavirus spending and ballooning debt prone to stoking international asset bubbles? – NEWPAPER24
Is US coronavirus spending and ballooning debt prone to stoking international asset bubbles?
2021-01-13 12:30:16
One other US financial stimulus package deal, coupled with the Federal Reserve’s willingness to maintain its financial faucet on, may see trillions of {dollars} pumped into the worldwide monetary system and result in a sequence of asset worth bubbles, analysts have warned.On Tuesday, Asian shares and currencies had been holding close to highs as capital continued to circulate into the area after US president-elect Joe Biden stated final week he would define new pandemic reduction measures of at the very least a trillion {dollars} on prime of…
