There is a pronounced risk of a global recession during the next two years. But, if it comes, will it be a ‘normal’, V-shaped recession or a more L-shaped financial crisis, replaying what happened in 2008/09? This is the third in our new series of In Depth notes drawing on our consultancy expertise, in this case highlighting a major ongoing project estimating financial vulnerabilities across 177 countries…

Are we in for a repeat of the 2008 global financial crisis?