Eight Reasons a Financial Crisis is Coming

It's been about 10 years since the last financial crisis. FocusEconomics wants to know if another one is due.

The short answer is yes.

In the last 10 years not a single fundamental economic flaw has been fixed in the US, Europe, Japan, or China.

The Fed was behind the curve for years contributing to the bubble. Massive rounds of QE in the US, EU, and Japan created extreme equity and junk bond bubbles.

Trump's tariffs are ill-founded as is Congressional spending wasted on war.

Potential Catalysts

1. Junk Bond Bubble Bursting
2. Equity Bubble Bursting
3. Italy
4. Tariffs
5. Brexit
6. Pensions
7. Housing
8. China

Many will blame the Fed. The Fed is surely to blame, but it is prior bubble-blowing policy, not rate hikes now that are the problem.

by Mike "Mish" Shedlock, MishTalk |  Read more:

Image: uncredited
[ed. See also: Smoot–Hawley Tariff Act (Prediction: you'll be hearing a lot about this in the coming few months). And: The Music Fades Out (John P. Hussman, Ph.D.)]