{"id":48004,"date":"2019-08-27T07:11:00","date_gmt":"2019-08-27T12:11:00","guid":{"rendered":"https:\/\/olduvai.ca\/?p=48004"},"modified":"2019-08-27T07:11:03","modified_gmt":"2019-08-27T12:11:03","slug":"lacalle-a-day-of-reckoning-looms-for-the-global-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=48004","title":{"rendered":"Lacalle: A Day Of Reckoning Looms For The Global Economy"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/news\/2019-08-26\/lacalle-day-reckoning-looms-global-economy\">Lacalle: A Day Of Reckoning Looms For The Global Economy<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>European and Asian economic data is deteriorating<\/strong>, says economist and author Daniel Lacalle.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong><em>\u201cI\u2019d call right now the day of reckoning,\u201d<\/em><\/strong>&nbsp;Lacalle says, in this video excerpt of our soon-to-be released podcast In The Arena.<\/p><p>&nbsp;<em>\u201cThe entire message from mainstream consensus is \u2018Yes there was a global slowdown,\u2019 but&nbsp;<strong>using the trade war as an excuse.\u201d<\/strong><\/em><\/p><\/blockquote>\n\n\n\n<figure><iframe allowfullscreen=\"\" src=\"https:\/\/www.youtube.com\/embed\/jaVX4Dd_vzA\"><\/iframe><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Lacalle argues that&nbsp;<strong>the global growth slowdown has absolutely nothing to do with the trade war<\/strong>&nbsp;and says the trend in economic data around the world suggests&nbsp;<strong>Wall Street estimates for global growth are still too high.<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong><em>\u201cWe\u2019re now in the reality check period,\u201d<\/em><\/strong>&nbsp;Lacalle says.<\/p><p><em>\u201cNow, the risk of recession is starting to build up.\u201d<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Lacalle: A Day Of Reckoning Looms For The Global Economy European and Asian economic data is deteriorating, says economist and author Daniel Lacalle. \u201cI\u2019d call right now the day of reckoning,\u201d&nbsp;Lacalle says, in this video excerpt of our soon-to-be released podcast In The Arena. &nbsp;\u201cThe entire message from mainstream consensus is \u2018Yes there was a [&hellip;]<\/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":[16957,391,3222,860],"class_list":["post-48004","post","type-post","status-publish","format-standard","hentry","category-economics","tag-daniel-lacalle","tag-growth","tag-trade-war","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48004","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=48004"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48004\/revisions"}],"predecessor-version":[{"id":48005,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48004\/revisions\/48005"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}