The warning is from the IMF Global Financial Stability report
World economy at risk of another financial crash, says IMF - GUARDIAN
The world economy is at risk of another financial meltdown, following the failure of governments and regulators to push through all the reforms needed to protect the system from reckless behaviour, the International Monetary Fund has warned.
With global debt levels well above those at the time of the last crash in 2008, the risk remains that unregulated parts of the financial system could trigger a global panic, the Washington-based lender of last resort said.PLEASE READ THE WHOLE ARTICLE FOR FULL CONTEXT .. these are just snippets, cant paste whole articleA dramatic rise in lending by the so-called shadow banks in China and the failure to impose tough restrictions on insurance companies and asset managers, which handle trillions of dollars of funds, are highlighted by the IMF as causes for concern.
3/10/18: Dumping Ice bags into Overheating Reactor: Bonds & Stocks Bubbles
SO .. PROJECT FEAR? .. Nothing to see here folks?Let's circle back: monetary policy madness of the past has been holding court in bond markets and stock markets, pushing mispricing of risks to absolutely astronomical highs. We have just added to that already risky equation fiscal policy push for more mispricing of risks in equity markets.
This is like dumping picnic-sized bags of ice into the cooling system to run the reactor hotter. And no one seems to care that the bags of ice are running low in the delivery truck... You can light a smoke and watch ice melt. Or you can run for the parking lot to drive away. As an investor, you always have a right choice to make. Until you no longer have any choices left.
OR are these warning signs that we should take heed of?