FT's Martin Wolf Warns of Coming Economic Shocks

Martin Wolf CBE is the chief economics commentator at the Financial Times, the City of London’s flagship daily. He reported on “the lucid analysis in the latest Annual Economic Report from the Bank for International Settlements” to second their warning about various serious dangers facing the international financial system which are beyond the ability of governments to address: “It is not hard to imagine shocks to which the public sector’s ability to respond effectively is more limited than people currently take for granted.”