366. This Economist Predicted the Last Crisis. What’s the Next One?

366. This Economist Predicted the Last Crisis. What’s the Next One?
366. This Economist Predicted the Last Crisis. What’s the Next One?

In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither.

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