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In the News

IMF warns higher interest rates might trigger a new financial crisis

Geoff Riley

29th September 2015

This is one of those big picture macro news stories that is worth a read because of the assertion that a huge rise in corporate borrowing (aka debt) by businesses in emerging countries has meant that small increases in market interest rates might prompt a wave of business failures as highly-leveraged corporations struggle to meet more expensive interest repayments.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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