Home » Posts tagged 'financial crisis' (Page 9)
Tag Archives: financial crisis
The Great Recession 10 years later: Lessons we still have to learn
The Great Recession 10 years later: Lessons we still have to learn © Getty Ten years ago this month, a recession began in the U.S. that would metastasize into a full-fledged financial crisis. A decade is plenty of time to reflect on what we have learned, what we have fixed, and what remains to be […]
The Great Oil Swindle
silentera.com The Great Oil Swindle Is leading us to destruction When it comes to the story we’re being told about America’s rosy oil prospects, we’re being swindled. At its core, the swindle is this: The shale industry’s oil production forecasts are vastly overstated. Swindle: Noun – A fraudulent scheme or action. And the swindle is not […]
The Fed’s Great Unwind: Will It Sink Us?
THE FED’S GREAT UNWIND: WILL IT SINK US? In the eyes of many people, the Federal Reserve (Fed) is an indispensable institution. We are told it supports growth and employment, fends off the negative shocks, and fights inflation. Nothing could be farther from the truth. The Fed’s fiat money regime is economically and socially highly […]
Expect Desperate and Insane Behavior From Government in 2018 – Part 2 (Bitcoin)
Expect Desperate and Insane Behavior From Government in 2018 – Part 2 (Bitcoin) The financial crisis of 2008/09 was the most significant event to happen in my lifetime. That episode, coupled with the deeply unethical and corrupt response to it, led to a direct delegitimization of governments and institutions worldwide. It’s precisely this self-inflicted destruction […]
US Demand for Electricity Falls Further: What Does it Mean?
US Demand for Electricity Falls Further: What Does it Mean? Layoffs at GE Power, for example. The weekend started Friday night with layoff news from GE’s power division, in two locations. First, there was Greenville County, South Carolina, where GE Power is one of the largest employers with 3,400 workers. “Based on the current challenges […]
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan?
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan? Canadians, fasten your seat-belt. Here are the charts. The Financial Crisis in the US was a consequence of too much debt and too much risk, among numerous other factors, and the whole house of cards came down. Now, after eight years of experimental monetary […]
Auto-Loan Subprime Blows Up Lehman-Moment-Like
Auto-Loan Subprime Blows Up Lehman-Moment-Like But there is no Financial Crisis. These are the boom times. Given Americans’ ceaseless urge to borrow and spend, household debt in the third quarter surged by $610 billion, or 5%, from the third quarter last year, to a new record of $13 trillion, according to the New York Fed. […]
WORLD’S LARGEST OIL COMPANIES: Deep Trouble As Profits Vaporize While Debts Skyrocket
WORLD’S LARGEST OIL COMPANIES: Deep Trouble As Profits Vaporize While Debts Skyrocket The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt. The glory days of the highly profitable global oil companies have come to an end. All that remains now is a […]
Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis
Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis When Janet Yellen, Chairman of the US Federal Reserve, said in June that she does not expect another financial crisis in our lifetime, eyebrows were raised. None more so than Richard Sylla’s. Sylla, a professor emeritus at the Stern School of Business and co-author […]
China’s mortgage debt bubble raises spectre of 2007 US crisis
China’s mortgage debt bubble raises spectre of 2007 US crisis Many young homeowners in booming cities owe more than they earn, and some even falsify salary details to get bigger mortgages Behind the dream of property ownership they share with many like-minded friends lies an uninterrupted housing price rally in major Chinese cities that dates […]
