Pessimists are predicting a global crash in 2020. You can see why

Forecasters may be anxious not to be caught out, as they were by the 2008 recession. Nonetheless, the signs look ominous

There is a tendency for institutions that missed the warning signs before the last financial crisis to over-cook their doomsayer's warnings as they consider the potential for another one.

The International Monetary Fund leads a group of gloomy forecasters that worry about the stability of the global economy amid rising debt levels and slowing GDP growth. How long, they ask, can the expansion seen since the last crash go on before another recession hits?

Jacking up rates to calm growth is straight out of the textbook. The trouble with doing it now is that growth is slowing

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