LAW & FINANCIAL MARKETS: Welcome to the Titanic Global financial market!
If global economy were a ship, it could be called the Titanic. It is fated to run into a crisis. An experienced seaman at the helm knows that the longer a streak of economic growth lasts, the more likely it is that a crash will occur. The question is only whether it will be just a shoal, or an iceberg. In other words, is the crisis just a “market disturbance,” or heralding something larger?