A few months ago I wrote this article at the World Economic Forum called “A Yellow Card For The Global Economy“. It tried to serve as a warning on the rising imbalances of the emerging and leading economies. Unfortunately, since then, those imbalances have continued to rise and market complacency reached new highs.
This week, financial markets have been dyed red and the stock market reaction adds to concerns about a possible impending recession.
http://Market crash? Another red card for the economy
