For Viet Hustler readers, we are no longer unfamiliar with the cycle of influence from the Fed's interest rate policy to banking crises and bond markets, leading to credit crunch and recession, accompanied by rising unemployment. However, the interplay of sovereign debt crisis and banking crisis (twin crisis), or their impact on the financial system, household spending structure, and commercial real estate market… may not yet be entirely clear.
So, what changes have occurred in the current banking system after the failures of banks in the first half of 2023?
What is still awaiting the economy after the “traumas” throughout the 1 year post-Covid?
To answer the above questions, Viet Hustler will analyze, evaluate, and provide some forecasts on the consequences of the early 2023 crises in the time ahead.
