The next financial crisis could start with advanced economies’ sovereign debt
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The article warns that the next financial crisis may originate in advanced economies' sovereign debt, shifting from the historical pattern of emerging market crises. With public debt at historic highs and deficits elevated in developed nations, sovereign bond markets are increasingly sensitive to inflation, interest rates, and investor confidence, posing new systemic risks.
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Source: Businesstimes News The copyright of this article belongs to the original author/organization.
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