IMF warns world economy risks chronic new phase of financial crisis | Business | guardian.co.uk

IMF warns world economy risks chronic new phase of financial crisis | Business | guardian.co.uk

"The International Monetary Fund has warned that new risks to global financial stability are already emerging before the problems left by the deepest slump since the 1930s have been sorted out.
He added that the three new risks were the US, where corporate debt underwriting standards were "weakening rapidly"; the possibility that a flood of cheap money from developed countries could de-stabilise emerging markets; and the dangers involved in unwinding prolonged monetary easing in America. "Put simply, we are in uncharted territory", Viñals said."