In this economic discussion, Pedro Maya likens the current state of the economy to an iceberg, with visible signs of impending turbulence. Despite the unease, individuals continue their spending habits. Corporations, especially major banks, are acknowledging rising risks within their portfolios and are taking proactive measures by allocating additional provisions. This preparation aims to cushion the impact of anticipated loan defaults, shedding light on the cautious stance these institutions a...
Access this content for FREE by signing up for ROAR Membership.
Join with a Basic (free) or Plus membership (for extra features).
Create an account by clicking here or if you have an account sign in below.