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'I saw the 2008 financial crisis coming – we’re headed for something worse'

Summary by Chronicle Live
Former hedge fund employee Richard Bookstaber, who predicted the 2008 financial crisis, believes the risks from AI, private credit and geopolitical tensions could trigger something even more dangerous

6 Articles

Right

Richard Buckstabber described in the New York Times four distinct but interconnected factors threatening the financial system.

Lean Right

Richard Bookstaber, an American economist who predicted the 2008 crash, is again sounding the alarm. According to him, the world economy could face a crisis of unprecedented magnitude.

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The Business Times broke the news in on Friday, March 20, 2026.
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