Americas: Not if, but when

Author: | Published: 22 Aug 2016

To paraphrase that old foe of capitalism Leon Trotsky, you may not be interested in financial crises, but financial crises are certainly interested in you.

Picture the scene: It's 2019 in Washington DC where the President has just been informed of an unfolding event in financial markets – something the President's advisers are describing as a financial crisis.

Another crisis? The atmosphere in the room is tense. Regardless of the birdsong outside, and the pale sun hitting the Oval Office windows, all participants are scared. Listening, but growing increasingly tense, the President...