These Are The 8 Triggers For A New Financial Crisis
Authored by Satyajit Das (Author of A Banquet of Consequences), via The Independent,
There are a number of potential triggers to a new crisis.
The first potential trigger may be equity prices.
Authored by Satyajit Das (Author of A Banquet of Consequences), via The Independent,
There are a number of potential triggers to a new crisis.
The first potential trigger may be equity prices.
Following this weekend's news that the massive Calgary fire, while still spreading, may soon be under control courtesy of some wet weather and favorable winds, as well as the stunner from Saudi Arabia that Ali al-Naimi was out, replaced with a puppet of the hawkish deputy drown prince Mohammed bin Sultan - a succession many saw as bearish for future oil prices - algos had refused to give up on recent momentum, and pushed WTI just why of $46/bbl overnight.
Hundreds took to the streets of the Moldova’s capital Chisinau, on Sunday to protest against a display of NATO and US military vehicles. US and NATO soldiers had organized an exhibition of military vehicles and equipment on a central square in Chisinau earlier in the day, but were forced to leave following the demonstration. Russia Today reports: The exhibition of US military equipment on the city’s Great National Assembly Square on Sunday was presented as part of the V-Day celebrations, but instead provoked hundreds of protesters to take to the streets in outrage.
Republican presidential candidate Donald Trump wants to build a wall to keep foreigners out and Secretary of State John Kerry calls for a “borderless world.” Isn’t there a better option?
Back in February we showed that it is not only China which is troubled by non-performing loans: America's own nascent private Peer 2 Peer industry was having very similar issues, evident most notably in the books of category "leader" LendingClub, whose write-offs had soared to nearly double the company's own forecasts.