If Wannacry cyber attack didn’t make you wannacry, the next one will!
The following article by David Haggith was published first on The Great Recession Blog:
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Both ECB And BOJ Are Just Months Away From Running Out Of Bonds To Buy
With the Fed contemplating whether to hike again next month and start "normalizing " its balance sheet before the end of 2017, the two other major central banks are facing far bigger problems.
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Two months after the BOJ quietly started tapering its QE program, when it also hinted it may purchase 18% less bonds than planned...
Chinese Insurer Warns Of "Mass Defaults, Social Unrest" Due To "Mass Redemption" Run
One month ago, China came "this close" to the one event which terrifies Beijing more than anything: a run on China's shadow banks.
Selloff Accelerates As Trump Fears Mount: "The Market Will Revert To Much Higher Volatility"
European and Asian stocks slumped on Thursday following the worst one-day drop in US stocks in 8 months, while S&P futures tumbled to session lows, down 0.3% to 2,350 after initially posting a modest rebound, following a new Reuters report alleging that Trump campaign members communication with Russians on at least 18 occasions, and which prompted today's risk off mood sending the USDJPY crashing by 100 pips from overnight highs of 111.40.
Michael Snyder Rages "The Federal Reserve Must Go"
Authored by Michael Snyder via The Economic Collapse blog,