INSIGHTS: Part 3 - Are We Doomed To repeat history?
Insights
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Posted 24/10/2022
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PART 3 of our "Are we doomed to repeat history?" mini-series.
Total foreign ownership of bonds has decreased from a peak of 47% to 31% with China dropping from a peak of 15.7% now at 4.0% and Japan 12.3% now at 5.2%.
With all this pointing to a loss of liquidity in the most liquid of International markets, could this be the next debt shock to hit the World Economy?
We chat with Alex Hutchinson of Siltech Precious Metals Refinery to get her take on what may lie ahead.