Odyssey Ventures Into Asset Acquisition and Merger, Initiating Trillion-Dollar Wealth Market
United States, 1st Sep 2023, King NewsWire – In recent years, the global economy has experienced significant impacts due to the COVID-19 pandemic. Financial institutions and tangible enterprises have seen an increasing exposure of non-performing assets, while events like corporate defaults and debt crises have become frequent occurrences. According to statistics, over the course of three years since the pandemic began, the number of globally closed-down enterprises has reached a staggering 20 million, resulting in a substantial surge in the market size of non-performing assets. However, simultaneously, the accumulation and concentration of these non-performing assets have severely disrupted the normal functioning of the market’s financial order, and there exists a potential systemic risk ...