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Why Italy Could Be the Epicenter of the Next Financial Crisis

Why Italy Could Be the Epicenter of the Next Financial Crisis The Italian government’s populist spending plans — a proposal is due to Brussels on Monday — have bond investors worried about the potential for another debt crisis. 27 more words

Why Is The Media Warning A Recession Is Expected "By The End Of 2020" That Will Be "Worse Than The Great Depression"?

The mood of the mainstream media is really starting to shift dramatically.  At one time they seemed determined to convince all of us that happy days were here again for the U.S. 183 more words

Economic News

The Myth Of The Eternal Market Bubble And Why It Is Dead Wrong

Economic collapse is not an event — it is a process. I’ve been saying this since the initial 2008 crash, and I suppose I will keep saying it until it burns into people’s minds because I don’t think that it is a widely understood concept. 240 more words

Economic News

RBS pays first dividend since the financial crisis

The Royal Bank of Scotland’s CEO, Ross McEwan, announced it will pay its first dividend to shareholders since the financial crisis in 2008 when the bank was close to going bust – before receiving an emergency £45bn bailout from the taxpayer. 19 more words


Forestville Coming to Grips with the Drop in the Market

* Dow Tumbles 800 Points, Stock Brokers Summoned to the Ville to Explain Stocks

* Market Takes a Hit the on the Eve of a Rainy Day, Residents Wonder if God Exists… 194 more words

Local Characters

The next recession

Toxic politics and constrained cental banks could make the next downturn hard to escape

JUST a year ago the world was enjoying a synchronised economic acceleration. 1,007 more words

The Economist

12 Oct 2018 (AFR) - Are you ready for Asia's next financial crisis? - Is the global safety net ready?

(12 October 2018, AFR, p13, by Adam Triggs)

“Brighter prospects, optimistic markets, challenges ahead.” That was the title of the IMF’s World Economic Outlook update in January this year. 171 more words

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