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Playing the fool’s game: predicting the 2020 crisis

The vulnerability of the global economy — reflected in real economies, financial asset prices and misguided monetary policy — needs to be taken seriously

China's President Xi Jinping and US President Donald Trump
China's President Xi Jinping and US President Donald Trump Photo: Getty Images

Predicting the next crisis — financial or economic — is a fool’s game.

Yes, every crisis has its hero who correctly warned of what was about to come. And, by definition, the hero was ignored (hence the crisis).

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