.@SteveForbesCEO praises the Thatcheresque inclinations of Japan's new prime minister, Sanae Takaichi, which could help her nation dig out of its economic rut—but he warns that she is still pursuing the same plans as before, which could ensure an economic crisis. #WhatsAhead https://t.co/OJw4JiwEMN ...

Fresh off winning Sunday’s election, Bolivia’s next president Rodrigo Paz is blazing a rare centrist path out of his country’s economic crisis, focusing on practical policies over ideological divisions engulfing its neighbors https://t.co/mSeqjtVkj5 ...

Whoever wins the election will have to dig Bolivia out of an economic crisis. First on the agenda is to source dollars and keep the fuel imports flowing, or their government might be short-lived https://t.co/U2UZsZevii ...

BREAKING: Pro-business senator Rodrigo Paz wins Bolivia’s presidential runoff, pledging to improve US ties and curb spending to fix a deep economic crisis https://t.co/BQZvW4oo4B ...

Bolivians are voting in a presidential runoff to decide which of two pro-business candidates they trust to lead them out of their deepest economic crisis in forty years https://t.co/pokmaWFigI ...

Argentina has sought a financial lifeline from the US as the country confronts another economic crisis. Here's what to know https://t.co/NHpYXNcG9F ...

Economic Impact - High debts slow growth by absorbing capital that could be used productively [1] - High debt countries are more susceptible to crises [1] - High debts increase interest rates [1]

Core Viewpoint - Lloyd Blankfein, former CEO of Goldman Sachs, expresses concerns about potential economic crises due to narrow credit spreads and the rise of private credit, indicating a sense of foreboding in financial markets [1][5]. Financial Market Risks - Blankfein highlights the risks associated with narrow credit spreads, which are at their tightest in about 20 years, suggesting that this may lead to mispricing of risks in an uncertain economic environment [6]. - The private credit market has grown to a $1.7 trillion industry, driven by higher interest rates that offer better yields for investors, but this growth raises concerns about hidden risks and liquidity issues [6][7]. Economic Outlook - Blankfein warns that historical patterns suggest a "crisis of the century" occurs every four to five years, indicating that the market may be due for another unexpected downturn [3]. - Despite these concerns, Blankfein is currently fully invested in equities, anticipating that the Federal Reserve will lower rates, which could support a bull market [3][4]. Diverging Economic Predictions - Wall Street analysts are divided on the economic outlook, with UBS predicting a 93% risk of recession, while Deutsche Bank remains optimistic, raising its year-end S&P 500 target from 6,550 to 7,000 [4].

Cuba’s entire energy grid collapsed again — at least the fourth national blackout in a year — as the island is mired in one of its deepest economic crises in decades https://t.co/kWyRWH04x8 ...

As Bolivia's economic crisis worsens, the mining operations behind me are becoming even more important. As much as 60 tons of gold a year that's extracted from rivers and mountains in Bolivia is helping plug the gap in Bolivia's finances. That's at a time when natural gas exports have fallen sharply.The lithium boom is yet to happen. That leaves gold as a way to plug the gap as the government struggles to find hard currency to supply heavily subsidized fuel to the population. The hard currency shortage is e ...