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Very interesting (If you like that kind of thing)
Summery
Low base rates are gone and not coming back in a hurry.
Life insurers (under writers) are taking on more risk to get returns.
Geo political tensions are further exacerbating financial stability globally.
Conclusion.
It's very much a "risk off environment" indication a sustained lose of confidence.
The above is my interpretation of the BIS 35 minute video.
Ps. The word "fracture" was used twice.
27th Aug 1998 (You don't see this around much anymore)
This is how "Slippery" Gates really is.
Look at the date. The covid outbreak was around Late March 2020
Starmer (UK PM) has pretty much done all he was told to do by King Charles inside a year.
SLLR & WBN324 Talk Radio
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