With no Plan B, the global economy must brace itself for another ‘black swan’ event

South China Morning Post/David Brown/1-3-2022

image of black swan head

“Any nasty surprises could be lethal for global growth this year, not least a new Covid-19 variant emerging, surging inflation risks, another financial crash, or even climate change taking a turn for the worse. The list is not exhaustive.”

USAGOLD note: Potentially lethal for global growth and personal investment portfolios, we will add …… And central banks, says Brown, a London-based economist and former investment banker, have little room to maneuver. In our view, that puts the ball in the private investor’s court when it comes to building protections into one’s portfolio.

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