Are you ready for the next crisis?

It has been more than 10 years since Lehman Brothers filed for bankruptcy. In fact, Lehman used to be the fourth-largest U.S. investment bank before its collapse on September 15, 2008. Their tragic ending is, perhaps, one of the most influential events that contributed to 2008 crisis.

Years have passed and yet the financial world hasn’t fully recovered because of the impact of global financial crisis. But we are safe now, right?

In essence, we are safer, however not safe enough to be careless. Sure, banks today have bigger capital buffers and their liquidity has increased. In addition, many countries implemented better regulation and monitor financial stability more cautiously. Nevertheless, we should not overlook new risks that have emerged recently.

One of the unforeseen challenges is the danger of terrorist attacks on banks and stock exchanges. That is where you should consider STOs. They are based on blockchain technology and are digital images of tradable financial assets, similar to a company share or a company bond. STOs are regulated by state and offer sufficient security to investors. In this respect, if you are interested, contact us – CPI Technologies. We take care of the intricate process of launching STO, when you enjoy the result.

Unfortunately, another repercussions of the 2008 crisis are weakened fiscal and monetary arsenals. Also, excessive global imbalance stands in the way of sustainable growth of many countries.

Last but not least, even not financial risks can shatter desirable stability. We can’t overlook the rampant climate change which affects all of us. As a matter of fact, economies should take steps on their part to reduce the imposing ecological threat. Also, it is a responsibility of progressive countries to educate people for automation and fast-changing skills of future. Finally, the inequality is rising and needs to be dealt with as soon as possible.

Governments ought to take immediate measures, as the stakes are not much lower than they were in 2008. Matters of trade and finance and social problems are just waiting for the right moment to burst our bubble of safety.

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