WORLD LEADING INSIGHTS

International LEADERS Calling Market Crashes Years Ahead
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'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"

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#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...

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Friday, March 22, 2013

FIRST FINANCIAL INSIGHTS: INVESTORS' INSIGHTS - NEWS ALERT - "Russia Rebuffs...

FIRST FINANCIAL INSIGHTS: INVESTORS' INSIGHTS - NEWS ALERT - "Russia Rebuffs...:

INVESTORS’ INSIGHTS   “NEWS ALERT ” Russia Rebuffs Cyprus Bailout Click Above for today's Globe and Mail Article   This...

Everyone should be scrambling now. The banks in Cyprus will no doubt face a major deposit run when they open, making it almost impossible to put any sort of figure on what amount is needed to save the day. The problem here apparently stems back to write-offs of Greek Bonds resulting in losses and under capitalization. So here is the first sign that the inter-connected bank borrowings in the EU could end up snow balling.

Bond markets as well as depositors should be concerned as this will no doubt put further pressure on interest rates across the EU, and perhaps even globally. Similar to the 2008 meltdown, one bad security leads to another, then that bad apple rots the whole barrel because of the complex inter-connected financial borrowings.

We are keeping an eye on the ball here - just too many unknowns.

Dr Peter G Kinesa
March 22, 2013


One bad apple

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