Our forecast is that the main risk to the global economy—obviously there is the coronavirus pandemic and everything related to vaccines—is having a spike in inflation. It's not our baseline scenario, but if inflation were to spike because of a spike in global demand once the global economy recovers, that would be a definite risk because it would make repaying debt very tricky. At the moment that's not our baseline forecast, but it's certainly something that is worth monitoring.
On March 8th, 2021. See this statement in context.