Bethany McLean is an expert on crisis. She has written New York Times best-selling books on the collapse of Enron (The Smartest Guys In The Room) as well as the mortgage industry and Wall Street abuses that led to the 2008 Great Financial Crisis (All The Devils Are Here and Shaky Ground). So when she says she’s deeply worried about today’s macro environment, we’d better take notice. Looking at the accelerating expansion of debt issuance, the red-hot run-up in the financial markets, and the economic uncertainty caused by the ongoing pandemic — Bethany concludes we’re at a precarious never-been-here-before moment in history, aka “uncharted territory”. And she sees good probability another major crisis may be around the corner.