The coming covid-19 credit crunch.

The article explores how the Covid-19 crisis crated consequences that lead to financial crisis, and surges in poverty and the newly unemployed. Topics include disturbing trends as financial balance-sheet crisis is across a broad swathe of countries, and financial fallout from the pandemic by region or income status; and financial institutions are facing a marked rise in non-performing loans (NPLS), with banking crises that emerge after expansion in economic activity.