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366. This Economist Predicted the Last Crisis. Whats the Next One?
In 2005, Raghuram Rajan said the financial system was at risk \u201cof a catastrophic meltdown.\u201d After stints at the I.M.F. and India\u2019s central bank, he sees another potential crisis \u2014 and he offers a solution. Is it stronger governments? Freer markets? Rajan\u2019s answer: neither.