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October 19, 2017 3:43 pm JST
Interview
Crisis is just around the corner: Trichet
Ex-ECB chief cautions against heavy reliance on central banks, calls for structural reform
Jun Ishikawa, Nikkei staff writer
Jean-Claude Trichet, former president of the European Central Bank
Paris -- Jean-Claude Trichet, former president of the European Central Bank, warned of ballooning global debt in a recent interview with the Nikkei, saying: "Be very careful. A new crisis can occur." The debt-to-GDP ratio, which has been rising primarily in emerging markets, is sending such signals, he said.
asia.nikkei.com/Politics-Economy/Economy/...he-corner-Trichet