Name

Satyajit Das

Bio
Satyajit Das writes the Das Capital Column in The Independent. He has worked in financial markets for over 35 years, as a banker, a corporate treasurer and now as a consultant. His latest book is 'A Banquet of Consequence' (due to be published in February 2016). It will be titled 'The Age of Stagnation' in the US and India to increase confusion and avoid it being mistaken for a cookbook. He is also the author of 'Traders Guns and Money', 'Extreme Money' and in the distant past (which he repudiates) a number of reference books on derivatives and risk-management. He became a financier because he wasn't good enough to be a professional cricketer and no one offered him a job as a cricket commentator or allowed him to pursue his other passion- wildlife (he is the co-author with Jade Novakovic of 'In Search of The Pangolin: The Accidental Eco-Tourist'). He lives in Sydney, Australia.

We could be heading for another financial crisis

Banks are networked both domestically and internationally through inter-bank borrowing and lending and derivative transactions. Problems at one bank can quickly spread, infecting other firms and the financial system

These are the triggers for a new financial crisis

With existing political elites seen as captured by businesses, banks and the wealthy, electorates are turning to political extremes in search of representation and solutions. The resulting policy uncertainty and inconsistency further suppresses recovery

Why we're heading for another financial crisis

As in the lead-up to the dot.com crash, investors chasing revenue and earnings growth have pushed up sectors such as technology. More than 80 per cent of new IPOs are for companies with no earnings

More headlines