#IMF Warns: Global Financial System at Risk – Too Much Debt, Credit and Leverage. Sound Like #PlanetPonzi! t.co/yoDiLkZS26 pic.twitter.com/qCUeSHA6l0
— Planet Ponzi (@PlanetPonzi) April 18, 2018
The current economic environment remains favorable, but short-term risks to global financial stability have increased in the past six months, as a result of a spike in stock-market volatility in February and continuing investor concerns about rising geopolitical and trade tensions. Looking ahead, the odds of a downturn remain elevated, and there’s even a small chance of a global economic contraction over the medium-term.
Policy makers should take advantage of this favorable environment to take steps that will reduce the risks. For emerging-market economies, this means strengthening economic fundamentals and buffers against external shocks; for advanced economies, it means deploying and developing their regulatory and financial policy tools and following through on plans to strengthen financial institutions.
The global financial stability assessment contained in the latest Global Financial Stability Report (GFSR) is based on the new “Growth-at-Risk” approach that links financial conditions to the distribution of future economic growth. Given current financial conditions, risks to financial stability and growth are high over the medium-term. This reflects the fact that recent years of low interest rates—needed to support economic growth—have provided an environment in which vulnerabilities have been building. These vulnerabilities could exacerbate the next economic downturn and could also make the road ahead bumpy.
blogs.imf.org/2018/04/18/a-bumpy-road-ahead-for-the-global-financial-system/
Case-Shiller reports US National Home Prices bubbling nearly 7% higher than 2006 froth. Today's data show a 6.8% YoY surge the fastest rise since 2014. As I mentioned on the #KeiserReport Retail ALWAYS buys at "Peak-bubble" valuations – this will end VERY badly! pic.twitter.com/kenqXvrSfK
— Planet Ponzi (@PlanetPonzi) April 24, 2018
As the 10 Year trades over 3%.. US Consumer staples post a 4% weekly decline. The 3rd in 2 months. 4% weekly declines have not happened in 10 years. What Could Possibly Go Wrong? Party Like it's 1999. pic.twitter.com/ixeX3F6pLr
— Planet Ponzi (@PlanetPonzi) April 24, 2018
Claudio Grass: “We Cannot Fight a Debt Crisis by Piling Up More Debt”
“What all these empires over the last few thousand years had in common was that they collapsed when they debased their currency…I think that’s also what we are seeing today.”