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Is US coronavirus spending and ballooning debt prone to stoking international asset bubbles? – NEWPAPER24

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Is US coronavirus spending and ballooning debt prone to stoking international asset bubbles?

2021-01-13 12:30:16

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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…

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