
← ABC Business Daily6 days ago · 26 min
Are we headed for 'Bondmageddon'?
Satyajit Das thinks another major global financial crisis might be coming - and soon.
He was warning about dangerous debt structures well before the 2008 Global Financial Crisis. Now, with inflation still sticky, interest rates elevated, debt piling up and huge amounts of money pouring into AI, he thinks the pressure is building again. But what breaks first?
In this special episode of ABC Business Daily, former banker and financial commentator Satyajit Das joins ABC Business Editor Michael Janda to unpack the risk of “Bondmageddon”, whether the world has become too dependent on cheap money, and how the AI boom could become another fault line in the financial system.
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