Where will the next financial crisis start?

The resurgence of “covenant lite” or “cov-lite” loans could spell trouble, says Marina Gerner.

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Investors are partying like it's 2007
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The global financial crisis of 2008 was triggered by a bubble in the US housing market. Lightning rarely strikes twice, however, and American residential property seems unlikely to be at the centre of another collapse.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.