{"id":49592,"date":"2019-11-13T20:32:45","date_gmt":"2019-11-14T01:32:45","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49592"},"modified":"2019-11-13T20:32:51","modified_gmt":"2019-11-14T01:32:51","slug":"world-debt-downgrade-warning-moodys","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49592","title":{"rendered":"World Debt Downgrade Warning \u2013 Moody\u2019s"},"content":{"rendered":"\n

World Debt Downgrade Warning \u2013 Moody\u2019s\u00a0<\/a><\/h3>\n\n\n\n
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Source: Moody\u2019s<\/strong><\/figcaption><\/figure>\n\n\n\n

\u25c6 A World Debt Downgrade Warning (WDDW) has been issued by credit rating agency Moody\u2019s due to deepening global geopolitical uncertainty and risks<\/strong>

\u25c6 Moody\u2019s has issued a debt downgrade warning to the entire world on fears that severe political turmoil from London to Hong Kong poses a threat to the global economy (see News below)

\u25c6 Moody\u2019s have a bleak outlook for government debt amid political instability in a report published just this Monday

\u25c6 Moody\u2019s said political and geopolitical turbulence is exacerbating a slowdown in national and global GDP growth, aggravating structural \u2018bottlenecks\u2019 centred on massive banking and sovereign debt and increasing the risk of economic or financial shocks

\u25c6 Moody\u2019s identified the emergence of influential \u201cpopulist\u201d movements and suggested this is undermining the effectiveness of domestic policy, weakening institutional strength and compounding social and governance risks

\u25c6 \u201cOverall, the global environment is becoming less predictable for the 142 sovereigns we rate, encompassing $63.2 trillion in debt outstanding,\u201d according to the report

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