Will 2026 Bring Financial Crisis?
Abstract
Over the last year, US President Donald Trump’s economic policies – including a fiscal blowout, the demolition of the international trading system, threats to the Federal Reserve’s independence, and erosion of the country’s long-term innovation capacity – have been triggering alarm bells in the United States and globally. Add to that a frothy AI sector, the normalization of crypto, proliferating climate-related disasters, and growing public-debt burdens, and the global economy appears beset with risk.
In this Big Question, we ask Anat R. Admati, Hilary J. Allen, Jayati Ghosh, Simon Johnson, Corey Klemmer, and Erin Lockwood whether a major crisis is imminent, and how economies can mitigate the fallout.
External Links
https://www.project-syndicate.org/onpoint/will-2026-bring-financial-crisis
Source Publication
Project Syndicate
Repository Citation
Hilary J. Allen,
Will 2026 Bring Financial Crisis?,
Project Syndicate
(2025).
Available at:
https://digitalcommons.wcl.american.edu/pub_disc_media/643