Clueless central banks? A trade war? Southern debt? Leading economists on where the next crisis might come from...
For economists, searching for the next crisis out there in the real world is like looking for a needle in a haystack. It may make more sense to look for the causes of a future crisis from within the actions of policymakers rather than bankers.
Among these causes, what has become known as the ‘great unwind’ – the phenomenon whereby almost every major economy is planning to raise interest rates at the same time – stands out as one of the most risky and uncertain human-made events of modern times.
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