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Economist warns ‘risk incentives’ may trigger Global Financial Crisis | news.com.au — Australia’s

A SET of worrying conditions known as “doom loops” could soon trigger a fresh global financial crisis, a leading economist has warned.


Dr John Llewellyn, the former chief economist of failed US investment bank Lehman Brothers, made the alarming prediction during a private OECD event last month.


During the forum, Dr Llewellyn argued economic conditions which could spark a fresh crash were now “not only serious, but intensifying”.


By Alexis Carey


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