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Health professionals talk darkly of a system on the verge of a systemic crisis.
Sitting on a panel with Goldman Sachs's second-in-command, Gary Cohn, the Standard Chartered boss insisted that banks are "safer than they were" before the credit crunch, but that regulators had misdiagnosed the problem: "In 2007 and 2008, there was a systemic crisis like the entire air traffic control system going haywire".
I think we are in a systemic crisis," Bakker states.
And "if too many banks are distressed at the same time, a systemic crisis results".
If we don't urgently reconsider the nature of our democratic fuel, a systemic crisis awaits.
Today, there can be little doubt that the United States has experienced a systemic crisis.
If too many banks are distressed at once, a systemic crisis results.
"We seem to have a windfall every time there is a systemic crisis.
Similar(3)
Warning of a "truly systemic crisis" in Europe, he said that states would need to accept "full discipline, full convergence, full integration".
While this is sound advice when dealing with a single institution in trouble, I believe this is exactly the opposite of what we need at this juncture, amid a massive systemic crisis.
As Tim Geithner wrote "trying to mete out punishment to perpetrators during a genuinely systemic crisis - by letting major firms fail or forcing senior creditors to take haircuts - can pour gasoline on the fire.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com