In an editorial column on June 26, 2026, the Editorial Board of the Financial Times referred favorably to William White’s warnings, when he was the Economic Adviser to the BIS, that “cheap credit”…… “created large bubbles during the global financial crisis”.
https://www.ft.com/content/f9710696-18a3-48aa-8192-bec7cea3203d?syn-25a6b1a6=1