The document discusses the unpredictability of financial crises and highlights global vulnerabilities that could lead to another crisis. It examines historical conditions that have led to crises, such as high debt levels and budget deficits, and the impact of moving from precious metal currency systems to fiat currency. The study includes data on G7 government debt, US total debt by sector, and budget deficits, with a focus on the potential for future financial instability.
doj/DataSet10/EFTA01384455.pdf
{"title":"Long-Term Asset Return Study: The Next Financial Crisis","document_date":"2017-09-18","document_type":"financial","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0084653","SDNY_GM_00230837","EFTA01384455"]}