Growth – a force that can never be appeased

Cameron speaking during his final press conference for the G-20 Leaders Summit in Brisbane recently. – EPA

ANOTHER crash is coming. We all know it, now even David Cameron (pic) acknowledges it. The only questions are what the immediate catalyst will be, and when it begins.

You can take your pick. The Financial Times reports that China now resembles the United States in 2007. Domestic bank loans have risen 40% since 2008, while “the ability to repay that debt has deteriorated dramatically”.