From the CEO
How the year went
2020 - The year of COVID-19
2020 will go down in history as a significant year. It was like an apocalyptic event, but most of the world didn't die. It shook up pretty much everything in the world, and it's impact will be felt for many years to come.
When the Global Financial Crisis (GFC) happened, governments quickly declared that financial institutions were too big to fail, and poured money into the abyss. That event has left a big mark on us, in the form of some significant sovereign debt, and a desire from the world's governments to keep interest rates close to zero, to make sure that the debt didn't grow, and could be serviced.
As Covid-19 landed, the financial system started going south pretty quickly, and again governments are underwriting the economies of the world, at a larger scale than during the GFC.
The infection that had to happen
Thanks to the world governments deci