Monday, April 26, 2021

Global pandemic debt bill hits US$81 trillion and more to come: Monday Finance with Peter Ryan

The global debt bill from the COVID19 pandemic hit an eyewatering US$81 trillion at the end of 2020 as governments spent massive amounts on emergency stimulus fearing a repeat of the Great Depression. 

Janus Henderson head of Australian fixed interest Jay Sivapalan says governments are set to rack up more debt to underwrite financial stability as economies slowly normalise. 

Also, the entire Australia Post board will face a senate inquiry tomorrow as the probe into Christine Holgate's outsting as chief executive intensifies.

Here's my analysis from this morning's edition of RN Breakfast



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