The Financial Crisis of 2015: An Avoidable History

February 1, 2011 at 1:02 pm Leave a comment

This is a must-read on the forthcoming commodity price bubble burst cum financial crisis. Although the timing of 2015 is debatable, i am anticipating an earlier date.

So as soon as investors start to doubt what constitutes ‘real’ demand for commodities and what’s pure speculation, they’ll head for the exits en masse, which will lead to a collapse in commodity prices, abandoned development projects and bank losses.

“And then we’ll have banks that need to be bailed-out by sovereigns, and sovereigns that need to be bailed out by … well, you get the picture.”

http://ftalphaville.ft.com/blog/2011/01/31/474211/the-2015-banking-crisis-begins-in-commodities/

Entry filed under: Watch your step. Tags: .

Glencore IPO: A sign of commodity bubble burst? Why GIC is wrong in buying European Financial Stability Facility Bonds

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Recent Posts

February 2011
M T W T F S S
« Jan   Mar »
 123456
78910111213
14151617181920
21222324252627
28  

Archives

Blog Stats

  • 37,449 hits

%d bloggers like this: