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.
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.
The overnight session has been one of alternative weakness and strength: it started in China where stocks tumbled 2.8% to a two month low following an unexpected warning in the official People's Daily mouthpiece that debt and NPLs are too high, not to expect more easing will come, and that the Chinese Economy’s performance won’t be U- or V-shaped but L-shaped.
Authored by Eric Zuesse,
On May 7th, Deutsche Wirtschafts Nachrichten, or German Economic News, headlined, "USA planen mit TTIP Frontal-Angriff auf Gerichte in Europa” or “U.S. Plans Frontal Attack on Europe’s Courts via TTIP,” and reported that, “America’s urgency to sign TTIP with Europe has solid reason: Megabanks must protect themselves from claims by European investors who allege that they were cheated during the debt crisis. … The U.S. Ambassador to Italy has now let the cat out of the bag on this — probably unintentionally.”