16/10/17

We're Looking At A 70% to 80% Chance of Another Global Financial Crisis



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We're Looking At A 70% to 80% Chance of Another Global Financial Crisis
// Zero Hedge


Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis

Written by Peter Diekmeyer, Sprott Money News

 

Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis - Peter Diekmeyer

When Janet Yellen, Chairman of the US Federal Reserve, said in June that she does not expect another financial crisis in our lifetime, eyebrows were raised.

 

None more so than Richard Sylla's.

 

Sylla, a professor emeritus at the Stern School of Business and co-author with Sydney Homer of the magisterial A History of Interest Rates, has studied past business cycles. He is thus able to put today's events in a ....

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