Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises.
The stock market bounces in recent weeks are just one indicator of the profound uncertainty and heightened risks running through the global economy and financial system.
It’s not simply that the hundreds of billions of dollars flooding into artificial intelligence investments might turn out to be a bubble. Or that the use of cryptocurrencies in mainstream banking is spreading even as their values have plunged after soaring to record highs. Or the billion dollar bankruptcies related to a mad rush of lending by shadow banks (and regular banks, too).
