In the the tenth anniversary year of the 2008 financial crash, debt remains an unsolved problem - not just for debtors, but for creditors - and is driving the political and social crises racking the world's hotspots. Bubbles in the financial markets foretell an imminent financial crisis that would likely be stronger and more dangerous than in the past, according to Eric Toussaint, historian, political scientist and a spokesman of the Committee for the Abolition of Illegitimate Debt (CADTM). In this interview with The Hindu, Mr. Toussaint, who was in Sri Lanka for a regional seminar on debt, spoke on the risks of banks engaging in speculative activities.

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