Systemic Risk
The “Dodgy Gas Fitter” Fallacy: Why Systemic Risk is the Biggest Threat You’re Not Tracking
The “dodgy gas fitter” is a flawed analogy for corporate woes. The real threat is systemic risk in complex “systems of systems,” a governance failure.
IMF Sounds the Alarm: A $4.5 Trillion Hidden Risk Looms Over the Global Banking System
The IMF warns of a $4.5T exposure of banks to hedge funds and private credit, creating hidden leverage and systemic risk for the global economy.