The gathering economic storm

From Argentina to Hong Kong, low rates, political unrest and slowing growth are stoking fears of a global downturn. Can anyone find safe harbour? Here’s the best of this week’s opinion and analysis

© James Ferguson

A hard to predict financial crisis is the most probable source of the next downturn

Slowing growth calls for bold reforms which have so far been lacking

With the Peronists waiting in the wings, the country is struggling to avoid a ninth sovereign default

Lowering interest rates to support economies has created a domino effect

All the possible sources of economic growth are precarious

The numbers support the nation state’s lenders despite rising digital competition