Former IMF Chief Economist Warns of a $35 Trillion Financial Crash

A former chief economist at the International Monetary Fund is sounding the alarm about a looming $35 trillion financial collapse.

He argues that massive imbalances in debt, monetary policy distortions, and asset bubbles set the stage for one of the largest systemic crises in history. According to the economist, central banks’ prolonged low-interest policies and unchecked fiscal expansion have inflated financial markets beyond sustainable levels. The resulting fragility, he warns, could trigger widespread losses, bank failures. And a deep global recession unless proactive reforms and risk mitigation steps are taken now.

Clever Robot News Desk 18^th October 2025