{"id":3275,"date":"2016-04-03T18:59:44","date_gmt":"2016-04-03T18:59:44","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=3275"},"modified":"2016-04-03T18:59:44","modified_gmt":"2016-04-03T18:59:44","slug":"world-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=3275","title":{"rendered":"World faces wave of epic debt defaults, fears central bank veteran"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.telegraph.co.uk\/finance\/financetopics\/davos\/12108569\/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/i.telegraph.co.uk\/multimedia\/archive\/03553\/money_3553453k.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.telegraph.co.uk\/finance\/financetopics\/davos\/12108569\/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html\\'&gt;World faces wave of epic debt defaults, fears central bank veteran&lt;\/a&gt;\\&quot;The only question is whether we are able to look reality in the eye and face what is coming in an orderly fashion, or whether it will be disorderly. Debt jubilees have been going on for 5,000 years, as far back as the Sumerians.\\&quot;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2Ffinancetopics%2Fdavos%2F12108569%2FWorld-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.telegraph.co.uk\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Telegraph.co.uk&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/i.telegraph.co.uk\/multimedia\/archive\/03553\/money_3553453k.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.telegraph.co.uk\/finance\/financetopics\/davos\/12108569\/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html'>World faces wave of epic debt defaults, fears central bank veteran<\/a>&#8220;The only question is whether we are able to look reality in the eye and face what is coming in an orderly fashion, or whether it will be disorderly. Debt jubilees have been going on for 5,000 years, as far back as the Sumerians.&#8221;<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2Ffinancetopics%2Fdavos%2F12108569%2FWorld-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.telegraph.co.uk\" class=\"media-attribution-link\" target=\"_blank\">Telegraph.co.uk<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World faces wave of epic debt defaults, fears central bank veteran&#8220;The only question is whether we are able to look reality in the eye and face what is coming in an orderly fashion, or whether it will be disorderly. Debt &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=3275\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3275","post","type-post","status-publish","format-standard","hentry","category-tranzitioning"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=3275"}],"version-history":[{"count":2,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3275\/revisions"}],"predecessor-version":[{"id":3277,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/3275\/revisions\/3277"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=3275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=3275"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=3275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}