Central banks cannot address solvency crises of companies and consumers: Tett

The video discusses the critical distinction between liquidity and solvency, especially in the context of the COVID-19 pandemic. It highlights the disconnect between the economy and the stock market, with tech and healthcare sectors performing well. The video also addresses the challenges in the real estate market due to non-payments, which could lead to a solvency crisis. The role of central banks and potential government interventions are also considered.

What are the potential consequences of non-payment of rents in May?

What signs indicate a possible solvency crisis in the economy?

What challenges are being faced in the mortgage market as mentioned in the text?