The Bank for International Settlements (BIS) has warned of the risk of a sharp loss of market confidence for countries with large debts. The BIS urged central banks not to rush to ease monetary policy.

According to cryptocurrency market experts, Bitcoin and gold have already taken into account a possible financial crisis in the United States and other developed countries.

Public debt relative to GDP has risen sharply around the world since 2020 due to the coronavirus pandemic.

The BIS called on central banks to set a "high threshold for policy easing" as premature easing could trigger inflationary pressures.