BFM 89.9

Podcast  >  Morning Run  >  The Breakfast Grille  >  No Free Lunch Even With Low Rates

No Free Lunch Even With Low Rates

James McCormack, Global Head of Sovereign Ratings, Fitch Ratings

22-Jan-21 08:05

Brought to you by

No Free Lunch Even With Low Rates

The global sum of government debt was around $78 trillion at end-2020 and is expected to reach $84 trillion by end-2021, approaching 100% of global GDP. James McCormack, Global Head of Sovereign Ratings at Fitch Ratings, tells us why we should start worrying and explains the rationale for the recent downgrade of Malaysia as well as what the government needs to address for an upgrade.

Image Credit (Background): Willy Barton / Shutterstock.com

Produced by: Roshan Kanesan

Presented by: Wong Shou Ning


Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  fitchsovereign ratingscovid-19government debtGDPrecoveryFinancial ServicesGovernment/Regulatory/Policy MakingProfessional ServicesEconomy, Markets


Business
Money

Share this podcast




Play / Pause

Listen now : Raise Your Game (REPEAT): Helping You Focus On The Work That Matters;...

Today’s Shows



9:00 AM

Earth Matters (REPEAT)

Sabah - A Slice of Tropical Paradise; Johnny Chew, Owner, Dive Borneo Bah! Sdn Bhd

10:00 AM

BBC World Service

11:00 AM

A Bit of Culture (REPEAT)

Why Do People Love the MCU?; Kam Raslan | Zan Azlee | Dhanya Nair

12:00 PM

I Love KL (REPEAT)

Tokosue - Buku & Seni; Sue Ahmad, Tokosue

1:00 PM

Raise Your Game (REPEAT)

Helping You Focus On The Work That Matters; Owen McGab Enaohwo, CEO and Co-Founder, SweetProcess

2:00 PM

Popcorn Culture (REPEAT)

Review - Lightyear

2:30 PM

Popcorn Culture (REPEAT)

Review - Bullet Train

3:00 PM

GGWP (REPEAT)

Personifying Southeast Asia In Video Games; Saqina Latif, Co-Founder & Managing Director, Persona Theory Games | Buddy Anwardi, Co-Founder & Creative Director, Persona Theory Games | Ahmad Helmi, Lead Game Programmer, Persona Theory Games

4:00 PM

Pick Of The Pops

Epi456 - Hits From The 60s to 80s

6:00 PM

Wavelength (REPEAT)