The Doom Loop Unveiled? Analysing The Vicious Cycle
Doom Loop refers to a cycle where one negative incident triggers another. This term is commonly used in economics, but many people don’t know how negative it can be. In this blog, we will discuss the doom loopy, its causes, examples, and its impact on the economy. Doom Loop in
China Prepares $142 Billion Bank Support Amid The Crisis.
According to Bloomberg, China plans to add $1 trillion yuan ($142 billion) to its biggest state banks by issuing new special sovereign bonds to strengthen them against the weakening economy. However, the details are not yet public and are subject to change. Bloomberg further mentions that “China is rushing to