Grasshoppers, Ants and Locusts: the future of the world economy

Update: 2011-03-16

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Contributor(s): Martin Wolf | The financial crisis was the product of an unstable interaction between ants (excess savers), grasshoppers (excess borrowers) and locusts (the financial sector that intermediated between the two). In view of this history, is the current recovery solidly built? Or do the weaknesses the crisis revealed remain pervasive? Martin Wolf is the associate editor and chief economics commentator at the Financial Times.

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Grasshoppers, Ants and Locusts: the future of the world economy

#box-pro-ellipsis-176444789235880{-webkit-line-clamp:2;}Grasshoppers, Ants and Locusts: the future of the world economy

Grasshoppers, Ants and Locusts: the future of the world economy

Martin Wolf

Grasshoppers, Ants and Locusts: the future of the world economy