debt, dodd-frank, economics, eurozone, eurozone crisis, finance, finland, France, germany, investment, italian debt, italy, muni bonds, nordic, oil, oil prices, opec, politics, puerto rico, puerto rico debt crisis, spain, sweden
There’s no shortage of major economic dilemmas across the globe. The mainstream financial media has followed many stories closely, as you’d be hard-pressed to find anyone in economic or finance spheres that hasn’t heard about the Fed’s quantitative easing program, the issues with the Affordable Care Act (aka “Obamacare”), or the Greek debt crisis. Even the Chinese Fixed Asset Bubble is starting to get major attention, with CBS’s 60 Minutes doing a major piece on it back in August of 2013.
All of these issues are important and the impact of some of them still might be greater than expected. Yet, there are several more “under the radar” economic threats that are receiving little mainstream press attention. In some ways, these are the more dangerous issues, as the lack of media coverage and awareness amongst the general populace leads to a greater probability of unexpected consequences for investors, governments, and the general public.
In this article, I want to explore five major economic issues being underreported in the mainstream media. Some of these issues have potential to do major damage to the world economy, while others might be more specific to certain nations. My broader theme here is that I view the current investment environment as having above-average macroeconomic risks, in spite of the seemingly sanguine market environment, and these issues are just a hint of some of the problems lying beneath the surface.