{"id":34711,"date":"2018-06-03T14:02:43","date_gmt":"2018-06-03T19:02:43","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34711"},"modified":"2018-06-03T14:02:43","modified_gmt":"2018-06-03T19:02:43","slug":"why-is-the-mainstream-media-suddenly-buzzing-about-another-global-financial-crisis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34711","title":{"rendered":"Why Is The Mainstream Media Suddenly Buzzing About \u201cAnother Global Financial Crisis\u201d?"},"content":{"rendered":"
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Why Is The Mainstream Media Suddenly Buzzing About \u201cAnother Global Financial Crisis\u201d?<\/a><\/h3>\n<\/header>\n
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\"\"<\/a>All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog<\/a>.\u00a0 Throughout the Obama years, the mainstream media in the United States always seemed extremely hesitant to suggest that difficult economic times may be ahead, but now talk of \u201canother global financial crisis\u201d seems to be all over the place.\u00a0 Is this because they truly believe that one is coming, or is it just another angle that they can use to attack Donald Trump?\u00a0 In any event, it is undeniable that evidence is mounting that big trouble could be right around the corner.\u00a0 European financial markets are already in meltdown mode<\/a>, a major international trade war has just erupted<\/a>, the worst \u201cretail apocalypse\u201d in modern U.S. history is accelerating<\/a>, and our debt problems continue to grow with each passing day<\/a>.\u00a0 Normally the mainstream news is much more subdued than I am about all of this stuff, and so I was very surprised to see reporter James Pethokoukis<\/a> come out with an article entitled \u201cHere comes another global financial crisis\u201d<\/a>\u2026<\/p>\n

Investors are increasingly worried that an escalating political crisis<\/a> in Italy could lead to a populist, euroskeptic government taking power. As a result, there\u2019s rising uncertainty about whether the country might eventually abandon the euro currency zone or default on its giant debt pile. To make things worse, the Trump administration continues to toy with the idea of a trade war<\/a> with Europe and China. That would be the last thing the global economy would need if the Italian situation deteriorates further. Debt crises and trade wars are a toxic combination.<\/p><\/blockquote>\n

And remember, this comes just days after George Soros ominously declared that \u201cwe may be heading into another major financial crisis.\u201d<\/a><\/p>\n

So what has changed?<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Why Is The Mainstream Media Suddenly Buzzing About \u201cAnother Global Financial Crisis\u201d? All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog.\u00a0 Throughout the Obama years, the mainstream media in the United States always seemed extremely hesitant to suggest that difficult economic times may be ahead, but […]<\/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],"tags":[14390,1839,14391,6061,312,6809,357,10914,20321,20322,3947,1297,4901,536,753,20323,7452,20324,20325,12453,20326],"class_list":["post-34711","post","type-post","status-publish","format-standard","hentry","category-economics","tag-collapse-of-deutsche-bank","tag-deutsche-bank","tag-deutsche-bank-crash","tag-financial","tag-financial-crisis","tag-financial-meltdown","tag-george-soros","tag-global-economic-crisis","tag-italian-economic-collapse","tag-italian-financial-crisis","tag-junk-bond","tag-junk-bonds","tag-michael-snyder","tag-money","tag-stocks","tag-the-crisis-of-2018","tag-the-economic-collapse-blog","tag-the-economic-crisis-of-2018","tag-the-financial-crisis-of-2018","tag-the-global-economy","tag-the-global-financial-crisis-of-2018"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34711","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=34711"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34711\/revisions"}],"predecessor-version":[{"id":34712,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34711\/revisions\/34712"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}