24 February 2019

Global Debt Risk: Are We Ready for the Next Crisis?

On 18 January, Bill White made a presentation to a conference at the University of Toronto organized jointly by the OECD (the NAEC group) and the Fields Institute of Applied Mathematics. Bill concluded that another crisis could by no means be ruled out and that their were serious shortcomings in the official sector’s capacity to both manage and resolve (via debt restructuring) such a crisis.