Live and recent posts from across the Fediverse tagged #globalfinancialcrisis, aggregated by home.social.
Firmus flop, Amazon ‘creativity’: GFC alarms should be ringing
Oliver Curtis, the co-CEO of AI infrastructure company Firmus and noted insider trader conspirator, has run off to…
#NewsBeep #News #Artificialintelligence #AI #Amazon #ArtificialIntelligence #AU #Australia #banking #Business #datacentres #Economy #firmus #globalfinancialcrisis #investment #Technology
https://www.newsbeep.com/au/925189/
https://www.europesays.com/uk/1241535/ Retail ranked Europe’s ‘most distressed sector’ amid rising costs and weak demand #EU #Europe #European #GlobalFinancialCrisis #Retail
https://www.europesays.com/uk/1147905/ Rising US Treasury yields put Asia back on edge #Block2 #Business #Currencies #DonaldTrump #Economy #Fed #GlobalFinancialCrisis #India #Japan #KevinWarsh #UK #UnitedKingdom #USTreasuryYields
https://www.europesays.com/ie/634087/ Insolvencies jumped 11.5% annually in June, Canada’s bankruptcy monitor shows #bankruptcies #Business #Canada #CreditCards #Economy #Éire #GlobalFinancialCrisis #IE #insolvencies #Ireland #PrimeMinisterMarkCarney #PurchasingPower #ServusCreditUnion #TheCanadianPress
Britain’s quarter century: wealth and widening inequality
In this second part in our series on how the UK has changed in the past 25 years,…
#EuropeSays #Britain #Europe #EU #economicgrowth #globalfinancialcrisis #governmentdebt #INVESTMENT #officeofnationalstatistics #Productivity #publicsectorbanks
https://www.europesays.com/britain/94883/
https://www.europesays.com/britain/94883/ Britain’s quarter century: wealth and widening inequality #Britain #EconomicGrowth #GlobalFinancialCrisis #GovernmentDebt #INVESTMENT #OfficeOfNationalStatistics #Productivity #PublicSectorBanks
Inside the Wildest Month South Korea’s Stock Market Has Had in Years
South Korea’s stock market ended July with a historic rally, capping an extraordinary month of boom, bust, and…
#EuropeSays #Korea #KR #SamsungElectronics #aichampion #aimemorychip #chip-heavykospi #Competition #correction #dailyexposure #globalfinancialcrisis #Investor #jeffkim #Samsung #selloff #SKhynix #SouthKorea #stockmarket #technologystock
https://www.europesays.com/korea/105221/
The Sectors Where Canada Actually Beats the United States
Written by Tony Dong, MSc, CETF® at The Motley Fool Canada The S&P/TSX Composite Index is often criticized…
#Canada #BMOEqualWeightBanksIndexETF #Canadianbanks #FoolCanada #GlobalFinancialCrisis #internationalbanks #medicaldevicecompanies #socialmediaplatforms #technologycompanies
https://www.europesays.com/canada/144040/
https://www.europesays.com/ch/98491/ Basel III’s Widening Rift Will Hurt Global Bank Regulation #BankRegulatoryModels #BankingIndustry #Basel #BaselIII #CapitalAdequacy #EuropeanUnion #GlobalFinancialCrisis #IndustryLobbying #RegulatoryArbitrage #StrictCapitalRequirements #UnitedKingdom
https://www.europesays.com/3079163/ EXCLUSIVE: Andrew Windsor Caught in Yet Another Finance Scandal As It Emerges He Was ‘Monitored’ Over ‘Grubby’ Relationship With Money Man #AndrewMountbattenWindsor #AndrewWindsor #BanqueHavilland #BusinessRelationships #DavidRowland #GlobalFinancialCrisis #Investigators #JeffreyEpstein #Kaupthing #Scandal #ScandalNews #SeriousFraudOffice
Allianz Executive Pushes EU to Pressure US With Market Volatility
European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland…
#Germany #DE #Europe #EU #Europa #Allianz #AllianzGlobalInvestors #GeopoliticalRisks #globalfinancialcrisis #Trumptariffs #TrumpTradeWar #USGreenlandtensions
https://www.europesays.com/germany/30609/
China Leads Economic Shift to Industrial ‘Doping,’ OECD Says
(Bloomberg) — Industrial subsidies are reshaping the global economy with China standing out as a provider of state…
#NewsBeep #News #Economy #AU #Australia #Bloomberg #Business #China #GlobalEconomy #globalfinancialcrisis #OECD
https://www.newsbeep.com/au/708672/
China Leads Economic Shift to Industrial ‘Doping,’ OECD Says
(Bloomberg) — Industrial subsidies are reshaping the global economy with China standing out as a provider of state…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Bloomberg #Business #China #globaleconomy #globalfinancialcrisis #OECD
https://www.newsbeep.com/us/677813/
China Leads Economic Shift to Industrial ‘Doping,’ OECD Says
(Bloomberg) — Industrial subsidies are reshaping the global economy with China standing out as a provider of state…
#NewsBeep #News #Economy #Bloomberg #Business #China #GlobalEconomy #globalfinancialcrisis #oecd #UK #UnitedKingdom
https://www.newsbeep.com/uk/615184/
https://www.europesays.com/ie/512967/ China Leads Economic Shift to Industrial ‘Doping,’ OECD Says #Bloomberg #Business #China #Economy #Éire #GlobalEconomy #GlobalFinancialCrisis #IE #Ireland #oecd
https://www.europesays.com/iran/123288/ U.S. futures hold steady as markets watch Iran developments and await Nvidia earnings: Dow Jones, S&P, Nasdaq, Wall Street #ArtificialIntelligence #DowJones #GlobalFinancialCrisis #Iran #Nasdaq100Futures #Nvidia #PresidentDonaldTrump #QuarterlyEarnings #USTreasury
Global Long Bond Yields Hit Highest in Almost Two Decades
(Bloomberg) — The selloff in longer-maturity government bonds has pushed up yields to levels last seen during the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #Bloomberg #globalfinancialcrisis #Governmentbonds #inflationexpectations #marketparticipants #StraitofHormuz
https://www.newsbeep.com/us/654597/
https://www.europesays.com/news/30974/ Global Long Bond Yields Hit Highest in Almost Two Decades #Bloomberg #GlobalFinancialCrisis #GovernmentBonds #Headlines #InflationExpectations #MarketParticipants #News #StraitOfHormuz #TopStories
Bessent wants Americans to avoid easy-money traps and invest in financial literacy
WASHINGTON (AP) — Treasury Secretary Scott Bessent winces at the allure of easy money — whether it’s lottery…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #financialinstruments #financialliteracy #globalfinancialcrisis #PresidentDonaldTrump #scottbessent #TrumpAccounts
https://www.newsbeep.com/us/617441/
https://www.europesays.com/?p=2950855 Why Slovenia’s Growth Is Slowing: The Missing Link of Intangible Investment #EUCountries #GlobalFinancialCrisis #KnowledgeBasedEconomy #Novice #slovenia #Slovenia’sEconomicJourney #Slovenia’sInvestmentLevels #Slovenija
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/
https://www.europesays.com/iran/67263/ IMF lowers growth outlook, warns of global recession if Iran oil shock is severe #EconomicGrowth #GlobalEconomy #GlobalFinancialCrisis #GlobalGrowth #GlobalRecession #Iran #OilPrices #ProductivityGrowth
UK economic growth forecasts slashed as IMF says Iran war risks global recession
UK economic growth forecasts for the next two years have been slashed and inflation will be higher than…
#EuropeSays #Headlines #News #Europe #Europa #EU #Iran #globaleconomy #globalfinancialcrisis #globalrecession #InternationalMonetaryFund #RachelReeves #UK
https://www.europesays.com/iran/66836/
https://www.europesays.com/iran/66836/ UK economic growth forecasts slashed as IMF says Iran war risks global recession #GlobalEconomy #GlobalFinancialCrisis #GlobalRecession #InternationalMonetaryFund #Iran #RachelReeves #UK
https://www.europesays.com/britain/14039/ UK economic growth forecasts slashed as IMF says Iran war risks global recession #GlobalEconomy #GlobalFinancialCrisis #GlobalRecession #InternationalMonetaryFund #RachelReeves #UK #UnitedKingdom
https://www.europesays.com/people/9040/ ‘I see a couple of people doing some dumb things’ #AssetPrices #FinancialMarkets #GlobalFinancialCrisis #JamieDimon #JPMorganChase
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.
https://www.europesays.com/2880156/ Geopolitical turmoil puts India’s economy at risk of 3-4 Year setback: Bernstein #BernsteinReport #CrudeOilSpike #EconomicGrowth #GeopoliticalTensions #geopolitics #GlobalFinancialCrisis #InflationSurge #MacroeconomicRisks #Politics #RupeeDepreciation #USIranConflict
Global Financial Crisis: ‘Maybe they’ll see worse’: 2008 crisis expert names four risks that could bring down global financial system | World News
Richard Bookstaber, author of A Demon of Our Own Design, warns today’s financial system faces dangers even greater…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #financialcrisispredictions #financialsystemrisks #globalfinancialcrisis #privatecreditmarket #RichardBookstaber
https://www.newsbeep.com/us/543380/
https://www.europesays.com/ie/402058/ Global Financial Crisis: ‘Maybe they’ll see worse’: 2008 crisis expert names four risks that could bring down global financial system | World News #Business #Economy #Éire #FinancialCrisisPredictions #FinancialSystemRisks #GlobalFinancialCrisis #IE #Ireland #PrivateCreditMarket #RichardBookstaber
https://www.europesays.com/ie/389648/ Rachel Reeves faces biggest crisis in 20 years – dragging us str | Personal Finance | Finance #ArtificialIntelligence #ArtificialIntelligenceRisks #Business #Economy #Éire #GlobalFinancialCrisis #IE #Ireland #RachelReeves #Recession #ShadowBankingSector
Why financial markets have thrown logic to the wind
Up the stairs and down the elevator. For decades, that’s been the rule of thumb when it comes…
#NewsBeep #News #Economy #Business #DonaldTrump #globalfinancialcrisis #greatdepression #IranWar #istheregoingtobeaglobalrecession #israeliran #oilprice #petrolprice #UK #UnitedKingdom #usiran
https://www.newsbeep.com/uk/468672/
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
LHQ cảnh báo "Sự chia cắt lao động AI vĩnh viễn" vào cuối 2026, Ấn Độ lo ngại khủng hoảng tài chính toàn cầu giống 2008. #AIlaođộng #Khủnghoảngtàichính #Tàichínhtoàn cầu #LaborDecoupling #GlobalFinancialCrisis #AI
Fewer than One in Five Companies Have a Dedicated Geopolitics Department https://www.byteseu.com/1706534/ #BCG #BostonConsultingGroup #BusinessContinuity #Companies #Geopolitics #GlobalBusiness #GlobalFinancialCrisis #IMDBusinessSchool #SeniorExecutives #WorldEconomicForum
Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
#NewsBeep #News #Economy #Aussie #Aussiedollar #Australiandollar #Business #currencies #Currency #Finance #GFC #globalfinancialcrisis #Gold #interestrates #market #Markets #Metals #RBA #reservebank #stockmarket #UK #UnitedKingdom #USdollar
https://www.newsbeep.com/uk/352614/
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
#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=shared
Cc @GhostOnTheHalfShell @economics-that-works @academicchatter
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
"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.
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.
Deepening problems in the global economy - World Socialist Web Site
#GlobalFinancialCrisis #globaleconomy #FinancialCrisis #CapitalismInCrisis
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...
The relative abundance of jobs is considered bad news in the perverse logic of financial markets because it makes further interest rate increases by central banks more likely.
#InterestRateHikes #Inflation #GlobalFinancialCrisis #FinancialCrisis
Global markets fall on reports of better than predicted hiring - World Socialist Web Site
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
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
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
The can kicking continues.
"Credit Suisse said on Thursday it would borrow up to US$54 billion from Switzerland’s central bank to shore up liquidity and investor confidence, after a slump in its shares had intensified fears about a global banking crisis."
How long can the charade go on?
#FinancialCrisis #GlobalFinancialCrisis #finance #CreditSuisse #contagion
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:
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
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
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
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