After the crisis in Cyprus, even smaller depositors lost money in Cyprus banks. This raises a troubling question: will bank bail-ins—by depositors, creditors and bondholders—become the norm in other countries as well?
If the Federal debt causes investors to lose confidence in America’s ability to pay back loans, investors will demand higher rates of return making it harder for the U.S. to borrow money.
It is easy for practitioners to believe that the global economy is collapsing when, in fact, it is open for business. As shown in this article the future of the global economy is positive and opportunities for practitioners are available.