Published September 21, 2026 · 03:00 US/Eastern
All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott - The Guardian
In his Guardian column, Larry Elliott argues that the warning signs of another financial crisis are already visible, and that preparation should begin before those signals become a lived reality. The piece does not claim a crisis is certain or date its arrival; it makes the case that the indicators historically associated with systemic stress deserve attention now rather than after the fact.
For markets, the relevance lies less in any single prediction than in the framing. Commentary of this kind can shape how investors, policymakers and institutions think about risk, and it feeds an ongoing debate about whether the post-2008 safeguards are adequate for today's conditions. When a prominent voice raises crisis preparedness, it often prompts renewed scrutiny of leverage, liquidity and the capacity of authorities to respond.
What to watch is whether these warnings translate into measurable shifts — in policy discussion, in risk pricing, or in how institutions describe their own resilience. The article is a call to prepare, not a forecast with a timetable, and readers should treat it as a contribution to that debate rather than a signal about timing.
Source: The Guardian