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| http://www.bloomberg.com/news/articles/2016-06-26/pound-s-record-loss-seen-just-the-beginning-with-u-k-in-turmoil |
Flight to quality and relative safety
It's the beginning of the end of the European Union, and the end of the beginning of a world wide recession/depression
Call it the third inning for the EU
Somebody probably did or most likely will get wiped out in the financial volatility
Margin calls for some smaller firms and a good chunk of investors
Credit Default Swap premiums spike and somebody won't likely be able to pay off at term
Money begins to flee emerging markets, especially the middle east if oil resumes its fall, unless the central banks step in again and again and again and we'll be stuck in this purgatory of fake stability
The US Dollar keeps rising. Oil is priced in US Dollars. Oil becomes more expensive in England and wherever currencies are declining and less expensive for us.
Energy sector bankruptcies double the already records broken every other week
Consumption falls, prices fall, jobs disappear, highly indebted municipalities deal with insolvencies not addressed in the last financial crises
Same with a bunch of insider thieves who borrowed to buy back overpriced stocks to enrich themselves while loading up on debt they can escape responsibility for after walking away with the spoils
If the Japanese Yen continues to climb, their exports will get crushed even more. The BOJ has bought the Japanese treasury market
Negative yields...
If the Japanese Yen continues to climb, their exports will get crushed even more. The BOJ has bought the Japanese treasury market
Negative yields...
It's the whole world this time
