What will be the nature of the next crisis in OECD countries?
The next crisis in OECD countries: Is unlikely to be a debt crisis, given central banks’ debt monetisation; May be a social crisis, given the skewing of income distribution, the rise in structural unemployment in the wake of the COVID crisis and ris ing real estate prices; May be a financial crisis, given the excess liquidity and its consequences (asset price bubbles); May be a geopolitical crisis, given the rise of nationalis m and protectionis m .