The world Bank Chief economist Carmen Reinhart said she is "very concerned because the longer this the pandemi goes on, the more strain on balance sheets of individuals, households, firms, and countries - it's a cumulative toll that I think will create classic balance sheet problems."

Reinhart then asks the trillion-dollar question: What happens when those grace periods for paying your debt comes to an end?

To sum up, Reinhart suggests the world faces a financial crisis if the pandemic continues to ravage the global economy.

https://www.zerohedge.com/markets/world-bank-head-sees-quiet-financial-crisis-brewing-pandemic-lingers