Tue, Nov 10, 2009 - Page 9 News List

The seeds of the next economic crisis are being sown now

Mesmerized by investment banks, the world’s most powerful lobbying groups, policymakers are sowing the seeds of a new global economic crisis

By Larry Elliott  /  THE GUARDIAN , LONDON

Finally, there are those who believe that any conventional reform is doomed because any growth-based model is at odds with the viability of the planet.

Where is the political center of gravity now? Somewhere between option two and three. That represents not just a missed opportunity, but a profound lack of judgment.

The seeds of the next crisis are being sown. Right here, right now.

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