Massive borrowing to fund NZ’s economic recovery due to COVID-19 cannot be written off without the risk of worsening the crisis it was designed to meet.
Bitcoin’s rise and fall to date already makes it one of the greatest market bubbles in history. In turbulent times, some have suggested it as a substitute for gold, but it lacks some vital attributes.
The South African Reserve Bank was justified in placing VBS Mutual Bank under curatorship.
The Chinese government is doing its best to stop China’s bad loan problem from blowing up.