
The robot bubble: New technology, new crisis ahead
The IMF in its latest prognosis praises what it sees as a stable growth of the world economy. Yes, there are some risks the IMF says, not least the political ones. But the crisis has been overcome, and a new and rosy period lies ahead. However, if you only look at the surface, that picture might seem true. In June, Fed-Chief Janet Yellen said in London that there will be no new financial crisis in “our lifetime”. She is 71 years old, so there is a chance she might be correct.