- ARCHIVE / World, End Of
- EU Think Tank: ‘A Crisis Of Unprecedented Scope and Nature’
Leap/Europe 2020 (also know as European Laboratory of Political Anticipation) is a think tank established to analyze and anticipate global economic developments from a European perspective. Recently, Leap2020 examined the possibility of a great depression similar to the breakdown of the stock markets in 1929, which is labeled “Global Systemic Crisis”. It claims to have […]
- Do You Know Where Your Data Was Last Night?
It’s interesting to see
this story about massive, unwarranted, wholesale surveillance of global internet communications made it to the mainstream almost a year after it was initially reported around the time of EFF’s suit. (Via
Cryptogon.):www.youtube.com/watch?v=9_frz-ykQjI
From the
expert deposition to the EFF suit, we learn that the NSA is engaging in a ‘massive, covert, distributed […] - Global systemic crisis / September 2008 - Phase of collapse of US real economy
[Via
Counterfire Blog]
- Public announcement GEAB N°22 (February 16, 2008) -
According to LEAP/E2020, the end of the third quarter of 2008 will be marked by a new tipping point in the unfolding of the global systemic crisis. At that time indeed, the cumulated impact of the various sequences of the crisis (see table below) […] - Save the US Economy, Dismantle the Empire
Save the Economy, Dismantle the Empire
A Grand Global Bargain?
By MICHAEL HUDSONToday’s deepening financial and economic crisis cannot be alleviated without addressing a number of problems that the public does not really want to hear about. Even to cite them raises a wall of cognitive dissonance. For starters, today’s debt problem is not marginal, but has […] - A Vicious Circle ending in a Systemic Financial Meltdown
A Vicious Circle ending in a Systemic Financial Meltdown Roubini’s Nightmare Scenario by Mike Whitney Mike Whitney is a frequent contributor to Global Research “It’s another round of the credit crisis. Some markets are getting worse than January this time. There is fear that something dramatic will happen and that fear is feeding itself,” Jesper Fischer-Nielsen, interest rate […]
- Systemic Financial Meltdown
In today’s post, “
The Rising Risk of a Systemic Financial Meltdown: The Twelve Steps to Financial Disaster,” the bearish and prescient professor Nouriel Roubini sets forth how a systemic financial crisis could play out.
The most troubling thing about this piece is that it is quite plausible.
Of Roubini’s twelve steps, the first eight are economic and […] - Forbes Reporting on the Financial Meltdown Scenario
[from Nouriel Roubini]The idea that
I presented in a recent article that we face the risk of a “financial meltdown” is becoming more mainstream. Today
Munchau in the FT discussed it by analyzing the risk of a Great Depression style of debt-deflation; he argued that such a scenario - or a Japanese style decade long […] - Can the Fed and Policy Makers Avoid a Systemic Financial Meltdown? Most Likely Not.
In
a recent article I presented a scenario where – in twelve steps – the US and global financial system could experience a systemic financial crisis – or a financial meltdown – coupled with a severe US recession and a global near recession.
The fact that the US is now in a recession is, at this […] - The Rising Risk of a Systemic Financial Meltdown: The Twelve Steps to Financial Disaster
Why did the Fed ease the Fed Funds rate by a whopping 125bps in eight days this past January? It is true that most macro indicators are heading south and suggesting a deep and severe recession that has already started. But the flow of bad macro news in mid-January did not justify, by itself, such […]
- The Worsening Credit Crunch…
Free registered users of the RGE Monitor get access to most - but not all - of my Global EconoMonitor postings as well as being able to read and post comments on this venue. They also receive twice a week the overview or Monitor of global economic and financial trends that is produced by the […]