#globalfinancialcrisis — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #globalfinancialcrisis, aggregated by home.social.
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IMF lowers growth outlook, warns of global recession if Iran oil shock is severe
The International Monetary Fund on Tuesday lowered its outlook for global economic growth this year and warned that…
#NewsBeep #News #BreakingNews #breakingnews #EconomicGrowth #GlobalEconomy #globalfinancialcrisis #globalgrowth #globalrecession #Iran #oilprices #Productivitygrowth
https://www.newsbeep.com/484107/ -
If you follow experts like https://paulkrugman.substack.com/p/the-oil-crisis-is-about-to-get-physical?utm_source=post-email-title&publication_id=277517&post_id=192708447&utm_campaign=email-post-title&isFreemail=true&r=3g5oaz&triedRedirect=true&utm_medium=email you may get the impression that things are expected to go downhill soon and downhill fast.
While I agree that we have *ALL* the ingredients for a *MASSIVE* #globalfinancialcrisis ready now (the #markets just don't know yet), I think the silver lining is this:
The higher #oil prices go, the cheaper #renewables will be in differential terms.
And my experiences has been that once you go #solar, you don't go back.
So let's accelerate that.
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Experts raise red flags on overlooked threat that could devastate economy: ‘Material risks’ https://www.byteseu.com/1831216/ #EconomicThreat #economy #EnvironmentalProblem #FinancialInstitutions #GlobalFinancialCrisis #InstituteAndFacultyOfActuaries #UniversityOfExeter
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Riddell on bonds: The return of ‘global imbalances’ indicates global economy is far from healthy https://www.byteseu.com/1629469/ #ASIA #China #economy #EmergingMarket #Fidelity #GlobalFinancialCrisis #HighYield #IMF #UnitedStates #USDollar
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IMF warns tariffs aren’t the answer to global imbalances
By Andrea Shalal WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way…
#NewsBeep #News #Economy #Business #CA #Canada #China #currentaccount #globalfinancialcrisis #globalimbalances #imbalances #importtariffs #InternationalMonetaryFund #PresidentDonaldTrump #tradedeficits #tradingpartner
https://www.newsbeep.com/ca/15922/ -
IMF warns tariffs aren’t the answer to global imbalances
By Andrea Shalal WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way…
#NewsBeep #News #Economy #Business #CA #Canada #China #currentaccount #globalfinancialcrisis #globalimbalances #imbalances #importtariffs #InternationalMonetaryFund #PresidentDonaldTrump #tradedeficits #tradingpartner
https://www.newsbeep.com/ca/15922/ -
IMF warns tariffs aren’t the answer to global imbalances
By Andrea Shalal WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way…
#NewsBeep #News #Economy #AU #Australia #Business #China #currentaccount #globalfinancialcrisis #globalimbalances #imbalances #importtariffs #InternationalMonetaryFund #PresidentDonaldTrump #tradedeficits #tradingpartner
https://www.newsbeep.com/au/13789/ -
IMF warns tariffs aren’t the answer to global imbalances
By Andrea Shalal WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way…
#NewsBeep #News #Economy #AU #Australia #Business #China #currentaccount #globalfinancialcrisis #globalimbalances #imbalances #importtariffs #InternationalMonetaryFund #PresidentDonaldTrump #tradedeficits #tradingpartner
https://www.newsbeep.com/au/13789/ -
#ClimateCatastrophy and the pending #GlobalFinancialCrisis
(1/2)
#Economics professor that had been warning about a global financial and a public debt crisis since 2005 👉predicts the end of human civilization due to the #ClimateCrisis👈:
q: How serious do you think #GlobalWarming is?
#SteveKeen*: "I think, 👉human civilization will not survive!"👈
q: "When do you anticipate the next financial...
Source:
https://youtu.be/kiXTWs_sGl0?feature=sharedCc @GhostOnTheHalfShell @economics-that-works @academicchatter
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In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.
Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI
(The last 30 seconds of this video are just ads for the channel's trading advice services.)
Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).
The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.
2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.
#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall
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In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.
Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI
(The last 30 seconds of this video are just ads for the channel's trading advice services.)
Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).
The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.
2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.
#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall
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In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.
Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI
(The last 30 seconds of this video are just ads for the channel's trading advice services.)
Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).
The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.
2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.
#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall
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In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.
Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI
(The last 30 seconds of this video are just ads for the channel's trading advice services.)
Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).
The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.
2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.
#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall
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In finance, an inverted yield curve is when interest rates on short-term debt instruments rise above the interest rates of longer-term debt instruments of similar creditworthiness. In other words, this is an unusual situation in which, all else being equal, shorter-term investments return more money than longer-term investments.
Historically, inverted yield curves on US treasuries have been reliable indicators of impending recessions or economic downturns, and more prolonged inversions generally correlate with more severe crashes, as this video by the Game of Trades investment channel demonstrates: https://www.youtube.com/watch?v=ELF_EivMCMI
(The last 30 seconds of this video are just ads for the channel's trading advice services.)
Our current situation in 2024 is that the yield curve has been inverted for 540 days, which is comparable to the durations of the inversions preceding the 1974 crash and the 2008 global financial meltdown (low 500s each) and second only to the 1929 market crash that kicked off the Great Depression (700).
The stock market is currently still going up, but keep in mind that the stock market went up for a long time after the 2008-era inversion as well: a record 657 days. If the market were to keep rallying for that length of time today, then the crash would begin this August.
2008 showed us that the average person will be angry and more ready to question capitalism itself when events like this happen. As Marxists, we must prepare to do widespread agitation, education, and organizing in its wake, spreading real knowledge about how to understand, resist, and fight back against capital.
#yieldcurve #ustreasury #federalreserve #invertedyieldcurve #recession #crash #financialcrash #financialmarket #economy #economics #news #politics #gfc #globalfinancialcrisis #2008 #greatdepression #depression #yieldinversion #capitalism #socialism #communism #socialist #communist #marxism #marxist #revolution #rev2030 #revolution2030 #tatertube #s4a #socialismforall
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"This is Wall Street, Dr Burry. If you offer us free money, we are going to take it."
Scene in #TheBigShort. Goldman banker Lucy (played brilliantly by #VanessaCloke) making fun of #MichaelBurry's offer to trade against the 2007 housing bubble.
Burry was right, of course, and Lucy was wrong.
The irony: #Goldman made money regardless. They traded on both sides and extracted themselves out of their own mistakes, letting their clients take the hit.
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At a national level, having strong welfare, accessible health services and progressive attitudes towards mental health are shown to reduce suicide and mental illness. On an individual basis, reaching out to others, having supportive social networks, rethinking our identities and developing financial knowledge may help us all weather current and future crises.
Financial crises damage people’s mental health – our global review shows who is worst affected
#mentalhealth #depression #Debt #globalfinancialcrisis #Insightsseries #Tacklingthementalhealthcrisis #2007-08financialcrisis #Suiciderisk -
in the first place, had it not been due to #austerity. So what happened? Well, in 2010 the UK government - in the wake of the #GlobalFinancialCrisis launched a massive wave of #austerity.
Don't get me wrong, I am not an fan of an excessively big state, but of a smart state that bases its policy decisions on #evidence not #ideology.
From 2010 on, the UK drastically realigned public spending: away from the future (education) & the working age population (welfare) towards pension spending...
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The first #regroup paper is out by Istituto Affari Internazionali!
Ettore Greco, Federica Marconi, and Irene Paviotti have examined the impact of 4 major global crises on (re)shaping global power shifts and globalisation.
1) #covid19pandemic
2) #GlobalFinancialCrisis
3) #Russianinvasion of #Ukraine
4) #climatechange.Read the full research paper here:
https://regroup-horizon.eu/publications/2722/@politicaltheory @sociology @politicalscience
@socialscience -
Rich Dad Poor Dad Author Robert Kiyosaki Warns of ‘Greatest Real Estate Crash Ever’ - Rich Dad Poor Dad author Robert Kiyosaki has warned that the real estate market is... - https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-warns-of-greatest-real-estate-crash-ever/ #robertkiyosakirealestatecrash #robertkiyosakirealestate #globalfinancialcrisis #robertkiyosakibitcoin #greatfinancialcrisis #robertkiyosakicrypto #robertkiyosakigfc #richdadpoordad #robertkiyosaki #economics
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Anti-Russia Sanctions Will Trigger Global Economic Crisis, Russian Official Warns - Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. ... - https://news.bitcoin.com/anti-russia-sanctions-will-trigger-global-economic-crisis-russian-official-warns/ #russianpresidentvladimirputin #sanctionsfinancialcrisis #globalfinancialcrisis #anti-russiasanctions #globaleconomiccrisis #putinspresssecretary #putinsspokesperson #economiccrisis #dmitrypeskov #economics
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IMF - #ShadowBanks: Out of the Eyes of #Regulators. #ShadowBanking symbolizes one of the many #failings of the #FinancialSystem leading up to the #globalfinancialcrisis. Estimating the #size of the #ShadowBankingSystem is particularly difficult because many of its entities do not report to #government #regulators. https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Shadow-Banks #GlobalFinancialRisk #risk #regulators
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I agree with all of the above.
Why didn’t methods implemented on a global level (#BaselIII) prevent the collapse of the #SiliconValleyBank!?!
After the #GlobalFinancialCrisis of 2007/2008 all bigger investors knew exactly what they were doing.
So, #NoSVBbailout
On another note, #BurnBabyBurn: the #Fed is looking for ways to fight #inflation? #RelightMyFire.
U don't need a college degree to know these basic things:
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Dave Troy: “Why spark a global financial crisis? Crush the fiat dollar and ‘End the Fed’, paving the way to restore a modern gold standard. Which is Putin's plan too.” https://washingtonspectator.org/paranoia-on-parade/ #DebtCeiling #GlobalFinancialCrisis #FinancialCollapse #Extremism #Accelerationism #Authoritarianism #Fascism
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U.S. debt default could wipe out 6 million jobs and $15 trillion in wealth https://www.cbsnews.com/news/debt-ceiling-default-6-million-jobs-15-trillion-wealth/ #DebtCeiling #GlobalFinancialCrisis #FinancialCollapse #Extremism #Accelerationism
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Dave Troy @davetroy:
“This is January 6th, Episode II.
The Freedom Caucus is demanding debt default, which will spark a ~$15T #GlobalFinancialCrisis. COVID was ~$4T. This will only help #Putin and his BRICS+/GGC allies.” #DebtCeiling #Exyremism #Accelerationism #Jan6Ep2
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Time for an #Introduction.
I’m a #law #professor, advocate, and #author. My nonfiction books include BIG DIRTY MONEY (Viking 2020) about #whitecollarcrime and OTHER PEOPLE’S HOUSES (Yale Press 2014) about the #globalfinancialcrisis of 2008. I focus on #followthemoney matters— promoting #transparency and opposing #corruption.
I ♥️
#dogs
#coffee
#prufrock
#justice
#equality
#solidarity
#liberty
#reading
#shakespeare
#ToniMorrison
#VirginiaWoolf
#GeorgeEliot
#RalphEllison