Many economists argue that the root causes of the 2008 global financial crisis have yet to be addressed comprehensively, or that measures taken have been exhausted, such as the extent to which quantitative easing was used, which has been put forward by the deputy director of the International Monetary Fund (IMF).
Some argue that the efforts to address the causes of the crisis have actually made the system more — rather than less — susceptible to a catastrophic collapse. On the heels of the recent yield curve inversion, finding new solutions that address the causes of the 2008 crisis are more important than ever. The yield curve inversion, an 18-month leading indicator of looming liquidity challenges, has proceeded every major recession since the 1970s, including the global financial crisis of 2008.
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