According to a recent report from Nomura Securities, China ”is displaying the same three symptoms that Japan, the US, and parts of Europe all showed before suffering financial crises, that is, a rapid build-up of leverage, elevated property prices, and a decline in potential growth.”
The catch with these sorts of scenarios is that one [...]
US GDP has been slowly ramping up, only to fall back and then try once more to bring us back to the ’90s. Stocks markets are volatile but seemingly moving higher in most of the developed world, except for Japan, where the current 20% drop comes hard on the heels of one of their frequent [...]
There are “clear signs” that terrorist networks first established by Iran in several South American countries in the 1980s and 1990s are still in place, and there are indications that Iran has similar networks in Europe, the Argentinian prosecutor who investigated the 1994 AMIA bombing in Buenos Aires told The Times of Israel.
In a [...]
The Syrian conflict threatens to draw America, Russia, and Europe into a wild inferno engulfing the entire Mideast.
An assassin’s bullet among sectarian tensions was all it took to push the European powers into the catastrophic ‘war to end all wars’ in 1914. By slaying an Austrian archduke, a Serbian gunman triggered a chain of [...]
Asked if that meant that a future U.S.-NATO anti-missile shield would be “neutralized” if a nation such as Iran launched a nuclear missile at Europe, Antonov said it would be difficult to speculate on such a scenario.
“Well, first, the Iranians do not have such missiles and when they will have them nobody will know,” [...]
Nobody knows which came first: the economic crisis tearing Greece apart or shisha, the drug now known as the “cocaine of the poor”. What everyone does accept is that shisha is a killer. And at €2 or less a hit, it is one that has come to stalk [...]
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a [...]
Too big to fail. Interest rates. Borrowing. Fire-sales. The Flash Crash. Risky loan deals. Libor. Cyber attacks. Europe. Japan. China.
Cattle plague was not on the list.
On Thursday, the super council of bank regulators created after the financial crisis put out a list of their best guesses as to what could cause the next [...]
The euro-zone crisis has slipped off the radar screen during the past couple of weeks as gun control and the Boston bombers have dominated U.S. news. But none of the euro zone’s problems have gone away. Political crises beset France, Italy and Spain. Smaller countries, from Portugal to Cyprus, [...]