Debt Deleveraging: is this the big one?
Will Coronavirus cause a debt crisis? And if so, what type of debt crisis? How likely is a major debt deleveraging?
Ray Dalio has a number of videos and books out talking about the long term debt cycle vs the short term debt cycle. In this episode we have a look at the question of whether this will end another short term debt cycle or if it is the end to the long term debt cycle. Can it be delayed? Can governments kick the can down the road one more time?
Join Nucleus Wealth's Head of Investments Damien Klassen, and Head of Operations Tim Fuller as they examine "Debt Deleveraging: is this the big one?"
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Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.