“Worse Than 2007” Warns Top Level Banker as Central Banks Out of Options!

Sources:
S&P 500 Little Changed Amid Struggle to Rebound From August Lows – Bloomberg Business
http://www.bloomberg.com/news/article…
World faces wave of epic debt defaults, fears central bank veteran – Telegraph
http://www.telegraph.co.uk/finance/fi…
Big banks continue retreat from mortgages
http://www.cnbc.com/2016/01/19/big-ba…
Hollande outlines jobs plan to tackle economic ‘emergency’ – FT.com
http://www.ft.com/intl/cms/s/0/5d4867…
UPDATE 3-Italy bank stocks plunge, brokers say tough 2016 ahead | Reuters
http://www.reuters.com/article/italy-…
Saudi Arabia buying up farmland in US Southwest
http://www.cnbc.com/2016/01/15/saudi-…