PNW
By Britt Gillette
May 28, 2024
In the aftermath of the pandemic, governments and central banks around the world over stimulated the economy with cash giveaways and ultra low interest rates. In doing so, they created bubbles in multiple asset classes throughout the world.
Now, faced with inflation, governments and central banks are trying to crack down and reverse the inflationary trend. But the damage has been done.
We now stand on the verge of a massive global financial crisis. One of the only questions that remains is what will trigger the crisis? By definition, no one can know what the next black swan event will be. We can never be certain beforehand what the ultimate catalyst will be for a global financial crisis, but in my opinion, these are the seven most probable triggers…