Economics
A Decade After Lehman, Investors Hunt Clues for Next Crisis
- Global debt has ballooned to a record $182 trillion: IMF
- China, emerging markets and corporate debt among concerns
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“It’s something that happens every five to seven years” is how JPMorgan Chase & Co. CEO Jamie Dimon once defined a financial crisis to his daughter. Queen Elizabeth II asked “why did nobody notice” the seeds of the last one.
Stung by their failure to spot the turmoil of 10 years ago and two decades since Asian markets were roiled, policymakers, traders and economists are looking at the clock as they wonder when and where the next meltdown will hit.