United States Economy Improves and Returns to Normal After Crisis (The Center Square) – Former Federal Reserve official Donald Kohn sounded the alarm about what he characterized as an imminent global financial crisis during a recent symposium on economic policy.
“Dealing with risks to the financial stability is urgent,” he said during the annual Jackson Hole Economic Policy Symposium last week, according to MarketWatch . “The current situation is replete with … unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.”
Kohn, the former Federal […]
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