Seeking Alpha (April 6)
Recovery is not just a matter of overcoming the virus. In fact, the world faces an overhanging economic challenge. “We’re likely in the later stages of a global debt supercycle. The sheer amount of debt in the world makes temporary income disruptions a lot more financially impactful than they would be in a system with less leverage. As of 2019, global debt surpassed $250 trillion, which is more than 250% of the world’s GDP.”
Tags: Disruptions, Economic challenge, Global debt, Income, Leverage, Recovery, Supercycle, Virus
US News & World Report (April 6)
The Covid-19 pandemic has “exposed gaping cracks in our social, political and economic systems. The most pervasive of those cracks is discrimination against women, which persists in every country in the world.” But the pandemic might also “be the watershed we need to upend the systems that hold girls and women back. It brings a chance to make health care and education truly universal, to improve conditions and pay for millions, and to strengthen safety nets.”
Tags: COVID-19, Cracks, Discrimination, Economic, Education, Health care, Pandemic, Social, Upend, Watershed, Women
