US Treasury Secretary Janet Yellen (second from right) speaks during a meeting on the fourth day of the IMF and World Bank annual meetings at the International Monetary Fund headquarters in Washington on October 13. Photo: Getty Images / AFP
US Treasury Secretary Janet Yellen (second from right) speaks during a meeting on the fourth day of the IMF and World Bank annual meetings at the International Monetary Fund headquarters in Washington on October 13. Photo: Getty Images / AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

From IMF to World Bank, the financial warnings piling up should jolt us out of our complacency

  • The belief that markets will recover as soon as inflation is curbed and interest rates have peaked is sheer ignorance
  • Experts warn that a systemic crisis is looming, affecting everything from banks and insurers to the housing and cryptocurrency markets

US Treasury Secretary Janet Yellen (second from right) speaks during a meeting on the fourth day of the IMF and World Bank annual meetings at the International Monetary Fund headquarters in Washington on October 13. Photo: Getty Images / AFP
US Treasury Secretary Janet Yellen (second from right) speaks during a meeting on the fourth day of the IMF and World Bank annual meetings at the International Monetary Fund headquarters in Washington on October 13. Photo: Getty Images / AFP
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