LOOK EAST FOR SOURCE OF NEXT BIG CRISIS

摘要

When will the next financial crisis be and what will cause it? I recently spent a morning with a group of futurists, as my focal point at SIBOS this year is the long-finance view for the coming century. The key questions for all of us are: when will the next financial crisis take place, what will cause it, and is it predictable?rnIf we take the first financial crisis as the fall of the Roman Empire, then it was about 1000 years until the second financial crisis occurred, with the collapse of the Medici banks of Renaissance Italy. Four centuries later, the South Sea Bubble and Great Tulip Collapse took place.