{"id":13349,"date":"2015-10-13T08:06:25","date_gmt":"2015-10-13T13:06:25","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13349"},"modified":"2015-10-13T08:06:25","modified_gmt":"2015-10-13T13:06:25","slug":"bubbles-and-backlashes","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13349","title":{"rendered":"Bubbles and Backlashes"},"content":{"rendered":"

Bubbles and Backlashes<\/a>\"financial<\/h3>\n

Image:\u00a0trialsanderrors<\/a>\/Flickr CC.<\/p>\n

Financial markets have been turbulent as of late with no end in sight. A sagging global economy could overwhelm America\u2019s recovery efforts with toxic effects on key climate change and clean energy initiatives now underway.<\/p>\n

The Federal Reserve\u2019s recent decision to postpone an interest rate hike is but one reflection of their deep global concern. In a world of multiple, interrelated systems, a sneeze in one global system could cause pneumonia in another; ultimately triggering a perfect storm.<\/p>\n

As the global economy worsens and bubbles start to burst, an over-fixation on economic recovery could relegate promising clean energy and climate change initiatives to a secondary status, or worse. The geopolitical blips on the radar screen are ominous. Consider this:<\/p>\n

1.We\u2019ve been warned<\/h3>\n

Global asset, credit and debt bubbles are on the cusp of bursting. My email \u201cNews Flash\u201d<\/em>\u00a0warned of this last May (See: \u201cBubblemania is Contagious \u2013 Five Warning Signs<\/a>\u201d).<\/em>\u00a0The punctured commodity bubble has already demonstrated the economic fallout to nations exporting raw materials. Imagine the impact of multiple bubble bursts all at the same time.\u00a0Bottom line: \u00a0Bubbles always burst; it\u2019s not about\u00a0if<\/em>, but\u00a0when.<\/em><\/p>\n

2.\u00a0American limitations<\/h3>\n

America\u2019s economy is strong compared to many others, but not strong enough to lift the world back into prosperity. In fact, the opposite could occur. China\u2019s declining growth rate (See: \u201cThe Chinese Ripple Effect<\/a>\u201c), deep economic malaise in Europe, Japan, Russia, Brazil, OPEC nations and others, and a slowdown in global trade are taking a toll.\u00a0Bottom line: Global economic headwinds will be difficult to overcome in the foreseeable future.<\/p>\n

3.\u00a0Low on ammo<\/h3>\n

In an effort to recover from the Great Recession of 2008 and stimulate growth, our Federal Reserve and central banks worldwide have \u201cprinted\u201d money, devalued currencies, created an easy money environment and purchased debt (Quantitative Easing). In addition, governmental fiscal policies have piled on huge deficits and debt to stimulate growth.<\/p>\n

– See more at: http:\/\/transitionvoice.com\/2015\/10\/bubbles-and-backlashes\/#sthash.XM1igyNv.dpuf<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Bubbles and Backlashes Image:\u00a0trialsanderrors\/Flickr CC. Financial markets have been turbulent as of late with no end in sight. A sagging global economy could overwhelm America\u2019s recovery efforts with toxic effects on key climate change and clean energy initiatives now underway. The Federal Reserve\u2019s recent decision to postpone an interest rate hike is but one reflection […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4],"tags":[2113,9839,1806,141,175,195,303,305,366,1264,670,5970,9838],"class_list":["post-13349","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-clean-energy","tag-backlash","tag-bubble","tag-climate-change","tag-credit","tag-debt","tag-fed","tag-federal-reserve","tag-global-economy","tag-recession","tag-recovery","tag-transition-voice","tag-war-of-wealth"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13349"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13349\/revisions"}],"predecessor-version":[{"id":13350,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13349\/revisions\/13350"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}