Next financial crash is coming – and before we've fixed flaws from last one

IMF global stability report makes for a sobering read, saying sustainable recovery has failed to materialised and cheap money has led to bubbles and debt

The next financial crisis is coming, it's a just a matter of time - and we haven't finished fixing the flaws in the global system that were so brutally exposed by the last one.

That is the message from the International Monetary Fund's latest Global Financial Stability report, which will make sobering reading for the finance ministers and central bankers gathered in Lima, Peru, for its annual meeting.

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