A new report from Wells Fargo’s Jay Bryson and Mackenzie Miller takes a look at developing economies and their potential exposure to a financial crisis.
Read more: http://tinyurl.com/k9vc4ea
Tag Archives: crisis
As crisis fades, G20 tries to get its mojo back
WASHINGTON (Reuters) – Top officials for the world’s biggest economic powers get nostalgic over how they mobilized to save the world from economic collapse in 2008. They are not nearly so glowing about their current muddle.
Read more: http://tinyurl.com/n3pp9zt
AP IMPACT: Families ‘scarred’ from financial crisis hold tight to cash, shun risk 5 yrs later
NEW YORK, N.Y. – Five years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering confidence worldwide, families in major countries around the world are still hunkered down, too spooked and distrustful to take chances with their money.
Read more: http://tinyurl.com/lyzctx7
DEBT CRISIS IS NOT OVER
Michael’s Daily Comment on the continuing rise of record debt levels.
Audio: http://tinyurl.com/o73erkp
THE UNTOLD STORY OF HOW CANADA SURVIVED THE FINANCIAL CRISIS
It has been five years since Lehman Brothers’ bankruptcy put the financial system on the brink of collapse. To get the inside story on Canada’s journey through the storm, The Globe and Mail spent months interviewing the CEOs, central bankers and politicians who navigated the Canadian economy through the turbulent waters. A plain text version as it appeared in the print edition of Report on Business can be found here. To enhance the experience, the following interactive walks you through the same narrative, but adds a rich multimedia experience with audio, video and graphics. To get the full story, be sure to watch and listen to the clips.
Read more: http://tinyurl.com/nvovunm
Why The Next Crisis Could Come From The Shadow Banking Sector
NEW YORK (Reuters) – Just days after UBS AG <UBSN.VX> said that it would gut its fixed-income trading business last October, three of the Swiss bank’s senior executives left to launch a firm to go where big banks won’t anymore.
Read more: http://tinyurl.com/ljk9rh7
2008 financial crisis: Could it happen again?
Five years since the great collapse, the U.S. financial system looks healthier — but problems persist.
Video: http://tinyurl.com/nql9ykk
Closing Fannie and Freddie could boost mortgage rates
Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis.
Read more: http://www.cnbc.com/id/100944975
SCHIFF: WE’RE HEADING FOR A CRISIS…..
….Worse Than 2007.
This predicition is coming from the man who successfully predicted the huge 54% 17 month Crash of 2008 when the Dow fell from its its peak of 14164 on October 9, 2007 to 6469 on March 6, 2009.
Read more: http://tinyurl.com/ohheobt
RETIREMENT CRISIS – IT’S HERE!
When I wear my other business hat, the concern I hear the most is not about the economy or gold price but will that person be able to retire and/or will they outlived their savings?
Read more: http://tinyurl.com/oy5znyx