IT has been 10 years since the Lehman Brothers investment bank collapsed in September 2008, sparking the global financial crisis as Wall Street was plunged into meltdown.
The International Monetary Fund (IMF) warned of “large challenges” ahead “to prevent a second Great Depression” in a report released in October.
But is the world really close to the next financial crash?
The economy is typical unpredictable but there are several factors in recent months which have sparked particular volatility in the global market.
Here Express.co.uk looks at some of these variables and what they could mean for the world economy.
PRICE OF GOLD:
Adrian Ash, head of research at BullionVault, said there is a correlation between the price of gold rising when the stock market is underperforming.
At the time of writing, the price of gold in British pounds has rocketed by 23.30 percent, or £5.78 per gram, over the course of five years, according to online dealer bullionbypost.co.uk.