The Global Solvency Crisis
Duration: 33:33
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The Big Conversation | Aired: 2020-05-13
This week Real Vision use Refinitiv's best-in-class data to look at how a solvency crisis will emerge out of the hope phase of this economic shock, in a wide-ranging interview with Real Vision’s CEO and co-founder, Raoul Pal. Government accommodation has helped to offset the initial liquidity shock, but balance sheets have been impaired at the household, corporate and government level. Declining wages and revenues will lead to a rise in future insolvency that could echo the experience of the Great Depression.
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Roger Hirst, Independent Macro Analyst, Co-Head of Content, Real Vision Group
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Raoul Pal, CEO & Co-Founder, Real Vision
