The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Moody’s Warns Of Global Shockwaves From China Slowdown (CityAM)
• OECD Rings Alarm Bell Over Threat Of Global Growth Recession (Ind.)
• China Deflation Pressures Persist As Producer Prices Fall 44th Month (Bloomberg)
• Copper Sinks to Six-Year Low as Chinese Demand Slumps (WSJ)
• Emerging Economies See Half Trillion In Capital Flight in 6 Months (Zero Hedge)
• EU Leaders Vow Measures To Halt Cheap Chinese Steel Imports (Guardian)
• Volkswagen Moves To Appease Angry Customers, Workers (Reuters)
• World’s Largest Banks to Be Forced to Hold Big Capital Cushions (WSJ)
• Banking Giants Learn Cost of Preventing Another Lehman Moment (Bloomberg)
• Saudi Arabia To Tap Global Bond Markets As Oil Fall Hits Finances (FT)
• Germany Loses Key Ally In Portugal As Austerity Regime Crumbles (AEP)
• Catalonia Votes To Start Breakaway Process From Spain (Reuters)
• Eurozone Finance Ministers Press Greece to Move Forward With Overhauls (WSJ)
• Greece Wants Political Solution On Bad Debt Dispute Blocking Review (Reuters)
• Hedge Funds Give Politicians Cover To Short-Change Pension Plans (Ritholtz)
• Housing Next Target In Cameron’s Dismantling Of The Welfare State (Guardian)
• The Leviathan (Jim Kunstler)
• Court Again Blocks Obama’s Plan To Protect Undocumented Migrants (Reuters)
• EU Plans New Refugee Centers as Influx Overwhelms Greece (Bloomberg)
• Major Aid Agencies Are Deceiving The General Public on Refugees (Kempson)