Home » Posts tagged 'global financial crisis'
Tag Archives: global financial crisis
Are we in a ‘New Normal’?
Are we in a ‘New Normal’? The past two years have been especially brutal to so-called equity ‘bears’. Against all odds, and despite all the shocks, global capital markets—if not the real economy they are supposed to represent—have continued to climb to new heights. After the onset of the coronavirus catastrophe, the relentless rise of […]
China’s Central Bank Vows To Expand Total Credit By 30% Of GDP In 2020
China’s Central Bank Vows To Expand Total Credit By 30% Of GDP In 2020 One of the curiosities about the current global financial crisis is that unlike the global financial crisis of 2008 when a massive credit injection by China sparked a generous reflationary wave around the world which pulled it out of a deflationary […]
Third Mega-Crisis in 12 Years: Eurozone Economy Plunges at Fastest Rate on Record
Third Mega-Crisis in 12 Years: Eurozone Economy Plunges at Fastest Rate on Record First the Global Financial Crisis, then the Euro Debt Crisis, now the Big One. In its 21 years of official existence, the Eurozone has already been through two brutal crises — the Global Financial Crisis and one of its own doing, the […]
Rabobank: Stocks Go Up As Everything Is Going Down In Flames
Rabobank: Stocks Go Up As Everything Is Going Down In Flames It’s All Going to the Dogs (and Goats) Friday’s April US payrolls report showed 20.5 million jobs lost when in an ordinary downturn 200,000 might be considered bad; the drop in March alone was larger than that seen during the worst of the global financial […]
European Banks Reveal Scale & Complexity of Crisis. Shares Hammered Back to 1987 Level
European Banks Reveal Scale & Complexity of Crisis. Shares Hammered Back to 1987 Level They haven’t gotten over Financial Crisis 1 and the Euro Debt Crisis. Now there’s a new crisis. Deutsche Bank’s CEO going on TV to soothe nerves didn’t help matters. The biggest European banks have started to report their earnings against a […]
Rate of Contraction Exceeds the Global Financial Crisis
Rate of Contraction Exceeds the Global Financial Crisis The US is suffering the fastest deterioration in operating conditions for over 11 years. Markit reports Output Contracts at Fastest Pace in Survey History amid COVID19 pandemic . Key Findings Flash U.S. Composite Output Index at 27.4 (40.9 in March). New series low. Flash U.S. Services Business Activity Index at […]
The Anatomy of the Coming Recession
The Anatomy of the Coming Recession Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not […]
The Bank’s ‘Stress’ Tests
THE BANK’S ‘STRESS’ TESTS MY REPORT ON THE BANK OF ENGLAND’S LATEST (NOVEMBER 2018) STRESS TESTS WAS PUBLISHED BY THE ADAM SMITH INSTITUTE ON AUGUST 3RD. The purpose of the stress tests is, in essence, to persuade us that the banking system is in good shape on the basis of a make-believe exercise which purports to show what might […]
Climate Change Could Trigger Global Financial Crisis
Climate Change Could Trigger Global Financial Crisis A top U.S. financial regulator is worried that climate change could threaten global financial markets. Rostin Behnam, a commissioner at the Commodity Futures Trading Commission (CFTC), said that the financial system was at risk from the growing frequency and severity of storms. “The impacts of climate change affect […]
he Coming Global Financial Crisis: Debt Exhaustion
The Coming Global Financial Crisis: Debt Exhaustion The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion.Just as generals fight the last war, central banks always fight the last financial crisis. The Global Financial Crisis (GFC) of 2008-09 was primarily one of liquidity as markets froze […]
Market Commentary: Issues 2019
Market Commentary: Issues 2019 When I began posting the CBB some twenty years ago, I made a commitment to readers: “I’ll call it as I see it – and let the chips fall where they will.” Over the years, I made a further commitment to myself: Don’t be concerned with reputation – stay diligently focused […]
Deutsche Bank Crimes Can Cause Next Global Crisis – William Black
Deutsche Bank Crimes Can Cause Next Global Crisis – William Black The International Monetary Fund (IMF) has deemed Deutsche Bank as the most systemically dangerous bank in the world. Professor of Economics and Law, William Black, knows why and contends, “Deutsche Bank (DB) poses as what is called a ‘National Champion’ bank and the largest […]
“How Central Bankers Rigged The World”: An Interview With Nomi Prins
“How Central Bankers Rigged The World”: An Interview With Nomi Prins Former Goldman managing director, Nomi Prins, join Chris Blasi on The Great Reset Opportunity Report to discuss her new release Collusion, as well as current geopolitical and macroeconomic issues. In this interview Nomi makes the case that central bankers have been rigging markets for […]
From Economic Crisis to World War III
Andrew Lichtenstein/Corbis via Getty Images From Economic Crisis to World War III The response to the 2008 economic crisis has relied far too much on monetary stimulus, in the form of quantitative easing and near-zero (or even negative) interest rates, and included far too little structural reform. This means that the next crisis could come […]
Our Bonus Decade
Our Bonus Decade “The sense of security more frequently springs from habit than from conviction, and for this reason it often subsists after such a change in the conditions as might have been expected to suggest alarm. The lapse of time during which a given event has not happened, is, in this logic of habit, […]
