Published: December 11, 2018
David Lipton says world is unprepared for downturn and Fund needs more resources
The storm clouds of the next global financial crisis are gathering despite the world financial system being unprepared for the next downturn, the deputy head of the International Monetary Fund has warned.
David Lipton, the first deputy managing director of the IMF, said that “crisis prevention is incomplete” more than a decade on from the last meltdown in the global banking system.
Continue reading...from The Guardian https://ift.tt/2SJFELn
via
0 Comments