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What risk of a new financial crisis?
Blain’s Morning Porridge, September 1st, 2026
“Markets have no memory. When crisis hits the reasons are swiftly forgotten, and we have to relearn them all again.”
Is a financial crisis coming our way? US Debt, Inflation, Trade, Energy, AI concerns and the rest pushed the revealed wisdom of new Fed Head Kevin Warsh out the limelight last week. Bond yields continue to rise. There are now growing fears of slowdown, or worse. Cheer up! Not the end of the World. But if a financial crisis is coming it will reflect lessons from the past on liquidity, but to solve it we also must acknowledge how much…
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