Mastodawn

I Predicted the 2008 Financial Crisis. What Is Coming May Be Worse
- Richard Bookstaber

“…We have returned to a period of risk, one rife with the sort of pressures that have led to major financial crises. This time, the risks are spread across industries, markets & nations∶ #ArtificialIntelligence, the roughly $2 trillion private #credit industry, #StockMarkets, #Taiwan & now #Iran…”

#economy #Trump #inflation #tariffs #war #CostOfLiving #energy #recession
https://www.nytimes.com/2026/03/16/opinion/financial-crisis-private-credit-ai-iran-taiwan.html?unlocked_article_code=1.UVA.yTzr.YtftnMqyQMfl&smid=nytcore-ios-share

Opinion | I Predicted the 2008 Financial Crisis. What Is Coming May Be Worse.

Richard Bookstaber warns that what appears to be disparate forces adding risk to our economy are all part of one deeply connected system.

The New York Times