The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP
The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

A new credit crunch threatens to squeeze global economy

Their economies are very exposed to potential downturn in credit conditions and policymakers may find themselves stumped for a solution

The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP
The International Monetary Fund (IMF) headquarters in Washington, DC, as the body said mounting levels of debt could pose a threat to the global economy. Photo: AFP
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.