Gibbs: Crisis building in indebted developed world

A CRISIS IN THE WEST

Jupiter financials guru and Absolute Return fund manager Philip Gibbs has warned of a crisis in the developed world because of the indebtedness of many individual countries.

Gibbs says he remains extremely cautious about equities in the longer-term and believes government bond yields in the West look ridiculously low. Here are Gibbs' views on the world...