Certainly, over the past five or so years, too much risk was taken, of the wrong sort. The danger in the next several years, however, will not be too much risk taking, but too little. Regulators will want to avoid compounding that.
BIS Review 156/2008  1  While the prominence of financial events has been clear, there has also been a set of “interesting” events in the real economy unfolding at the same time. The fortunes of the Chinese economy are increasingly important, particularly for Australia and other countries in our time zone.