All major central banks with large bond holdings from 2015-2020 are insolvent, but we are yet to see any major recapitalization of any of the large central banks. Will they come asking for capital with the worst possible timing?
All major central banks with large bond holdings from 2015-2020 are insolvent, but we are yet to see any major recapitalization of any of the large central banks. Will they come asking for capital with the worst possible timing?