WORLD LEADING INSIGHTS

International LEADERS Calling Market Crashes Years Ahead
Second to None, Anywhere...

'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

Featured Post

#TROUBLE AHEAD AS #ICE SHELF DEVASTATED IN #ANTARCTIC

 REUTERS Thinning Antarctic ice shelf finally crumbles after heatwave By  Isla Binnie March 25 (Reuters) - An East Antarctica ice shelf disi...

Inspire, Achieve, Success

Search This Blog

SAVE ON HOT STUFF

Sunday, July 5, 2015

Paul Krugman, SPECIAL #NYT Op-Ed, Meanwhile In China





Meanwhile In China

I am, of course, anxiously awaiting the results of Greferendum, although the next few days in Greece will be terrible whoever wins. But we shouldn’t lose sight of other risks facing the world. Some of us have been worrying quite a lot about China — an economy that at market exchange rates is 40 times the size of Greece, and isseverely unbalanced


Shanghai stock index


And in the past month, mainly in the past few days, the Shanghai stock index has fallen almost 30 percent. This doesn’t necessarily mean that the feared crisis has come, but it’s definitely not a good sign.

http://krugman.blogs.nytimes.com/

Image result for the new york times opinion paul krugman


The Conscience of a Liberal


First Financial Insights Inc.

Our Comments:  July 5, 2015

 Indeed there is long and ever-growing list of economic news disasters percolating out there; starting with Global Bonds, Real Estate Bubbles, Brazil, Chicago, Pensions, Spain, Italy, Japan, UK, Ukraine, Stock Crashes, Mexico, Oil Supplies, and on and on...





Not to impolitely forget - there's that nice ole Pope Francis fella with all those “So-GOP-Called”  - 188 pages of encyclical ranting and nonsense regarding the global climate. Imagine, him thinking we have a possible melting problem in the Arctic and Antarctic. “He is not even a scientist,  and plus, he lives in Europe somewhere - so what does he know? Boy, that guy has some nerve! “








Anyway, he has much better connections than they could ever hope for, apparently.

Hence, Greece somehow seems like a pimple on the elephant's back in the  more broader and larger context of global turmoil. Yet, there is a shining beacon of good news coming out of Iceland with reports of a miraculous economic turnaround since its meltdown. Why? They are supposedly one of the few who had actually  - JAILED THE BANKERS!!!.



Not only, was it historically a great economic-political-decision and priceless-lesson for all of us, but it also leaves the door wide-open  to another valuable question -  WHY STOP THERE?



Image result for first financial insights
July 5, 2015
Toronto, Canada



Image result for first financial insights







Motivate, Inspire, Positive