Keith Wade: Where might the next global financial crisis come from?

Imbalances have fallen but risks remain

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Keith Wade: "In a perfect world, eurozone recovery would be accompanied by higher interest rates and a stable currency. In practice, this could prove a major challenge."
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Keith Wade: "In a perfect world, eurozone recovery would be accompanied by higher interest rates and a stable currency. In practice, this could prove a major challenge."

Imbalances in the global economy are lower now than before the collapse of Lehman Brothers a decade ago but other risks have emerged, says Keith Wade, as he examines the new fault lines that could trigger another crisis

Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in t...

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