{"id":28565,"date":"2011-10-03T09:01:18","date_gmt":"2011-10-03T09:01:18","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/protectionism_beckons_as_leaders_push_world_into_depression\/"},"modified":"2011-10-03T09:01:18","modified_gmt":"2011-10-03T09:01:18","slug":"protectionism_beckons_as_leaders_push_world_into_depression","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28565","title":{"rendered":"Ambrose Evans-Pritchard&#8211;Protectionism beckons as leaders push world into Depression"},"content":{"rendered":"<p>Money flows are even more out of kilter. Cross-border liabilities have jumped from $15 trillion to $100 trillion in fifteen years, or 150pc of global GDP. This creates a very big risk.<\/p>\n<p>&#8220;Gross financial flows can stop suddenly, or even reverse. They can overwhelm weak or weakly regulated financial systems,&#8221; said Mr [Stephen] Cecchetti.<\/p>\n<p>Well, yes, this is now happening. Did anybody think about this when they unleashed globalisation with its elemental deformity, free trade without free currencies?<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/finance\/comment\/ambroseevans_pritchard\/8802462\/Protectionism-beckons-as-leaders-push-world-into-Depression.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Money flows are even more out of kilter. Cross-border liabilities have jumped from $15 trillion to $100 trillion in fifteen years, or 150pc of global GDP. This creates a very big risk. &#8220;Gross financial flows can stop suddenly, or even<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28565\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,460,149,591,200,590,144,478,119,454,151,585,596],"tags":[],"class_list":["post-28565","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-economy","category-euro","category-europe","category-european-central-bank","category-foreign-relations","category-germany","category-globalization","category-greece","category-politics-in-general","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28565"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28565\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}