This was was essentially breaking down the unseen danger. While one particular issue might be “small”, the counter-party risk could be great. It could pull everything down with it. One country owns the debt of the others. Suddenly, someone else’s problems come around. That’s not good. Do you think systemic risk will be a major contributing factor to the events in the next crisis?
What interesting about the trillions upon trillions of dollars in the different markets around the world is that when fear takes hold, it tries to cram through a narrow exit all at the same time. That panic gets worse and worse, and the contagion spreads to assets thought to be sheltered from the issue at hand. Today, with complex derivatives which have become so pervasive, every single corporation and financial instrument can be wiped off the face of the earth in an instant.
Deutsche Bank Said to Lose Money on Trades Meant to Improve Risk
www.bloombergquint.com/business/deutsche-bank-said-to-lose-money-on-trades-meant-to-improve-risk
760x-1.png (760×464)
assets.bwbx.io/images/users/iqjWHBFdfxIU/i0Un2T5Fo_vE/v1/760x-1.png
GE Could Be a $41 Billion Problem for Big Banks
760x-1.png (760×443)
assets.bwbx.io/images/users/iqjWHBFdfxIU/iR1xjpW24zjM/v1/760x-1.png
A Decade After the Housing Crisis, Small Investors Try to Bring Busted Mortgages Back to Life
$9 trillion corporate debt bomb is ‘bubbling’ in the US economy
www.cnbc.com/2018/11/21/theres-a-9-trillion-corporate-debt-bomb-bubbling-in-the-us-economy.html
Amazon bids for Disney’s 22 regional sports networks, including YES Network, sources say
Amazon threat to buy sports rights should freak out media companies
www.cnbc.com/2018/11/20/amazon-threat-to-buy-sports-rights-should-freak-out-media-companies.html
IKEA Group plans to cut 7,500 administrative jobs | Reuters
Gap to close hundreds of stores at malls ‘quickly and aggressively’
www.cnbc.com/2018/11/21/gap-to-close-hundreds-of-stores-at-malls-quickly-and-aggressively.html
More millennials are moving back home – and it’s making everyone depressed, studies find | Daily Mail Online
The Homeless Crisis Is Getting Worse in America’s Richest Cities
Goldman Sachs: Market plunge does not indicate a recession is near
www.cnbc.com/2018/11/21/goldman-sachs-market-plunge-does-not-indicate-a-recession-is-near.html