IMF global stability report makes for a sobering read,saying sustainable recovery has failed to materialised and cheap money has led to bubbles and debtThe next financial crisis is coming, it’s a just a matter of time – and we haven’t finished fixing the flaws in the global system that were so brutally exposed by the last one.
That is the message from the International Monetary Fund’s latest Global Financial Stability report, or which will beget sobering reading for the finance ministers and central bankers gathered in Lima,Peru, for its annual assembly.
Continue reading...
Source: theguardian.com