• 611 days Will The ECB Continue To Hike Rates?
  • 612 days Forbes: Aramco Remains Largest Company In The Middle East
  • 613 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,013 days Could Crypto Overtake Traditional Investment?
  • 1,018 days Americans Still Quitting Jobs At Record Pace
  • 1,020 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,023 days Is The Dollar Too Strong?
  • 1,023 days Big Tech Disappoints Investors on Earnings Calls
  • 1,024 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,026 days China Is Quietly Trying To Distance Itself From Russia
  • 1,026 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,030 days Crypto Investors Won Big In 2021
  • 1,030 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,031 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,033 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,034 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,037 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,038 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,038 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,040 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Small Stories Add Up To A Big Problem

Three smaller stories -- a debt default by a Mexican construction firm, Spain's recent election of an anti-euro government, and Brazil's replacement of its finance minister with an easy-money political operative -- combine to paint a picture of a world that's heading inexorably towards a financial mess. It will begin with a wave of defaults, as emerging market borrowers of US dollars are unable to manage their debts. Then a critical mass of newly-elected (or newly-configured) governments will throw austerity and other related notions of fiscal restraint out the window. The result will be another wave of aggressively easy monetary and fiscal policies that will set the stage for an epic crisis. Get the details here.

 

Back to homepage

Leave a comment

Leave a comment