The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Global Investors Are More Exposed To Interest-Rate Hikes Than Ever (BBG)
• The Keynesian Recovery Meme Is About To Get Mugged, Part 1 (Stockman)
• Brent Oil Hits 11-Year Low As Global Supply Balloons (Reuters)
• US Gas Prices Fall Below $2 – In Some Places Under $1.60 (MarketWatch)
• The Real “Death Cross” Of Oil Markets (ZH)
• Risk Of Insolvency Hangs Over UK High Street Retailers (Guardian)
• UK Economy Concerns As Household Debt Balloons To £40 Billion (PA)
• The Bank of Japan’s $2.5 Billion Plan to Buy Non-Existent ETFs (BBG)
• China ‘Suspends’ Another Unofficial PMI Data Set For A ‘Major Adjustment’ (ZH)
• Zimbabwe To Make Chinese Yuan Legal Currency After Beijing Cancels Debts (AFP)
• Russia, EU Trade Talks Fail, Kiev Set To Face Retaliation (Reuters)
• Political Uprising In Spain Shatters Illusion Of Eurozone Recovery (AEP)
• Portugal Taxpayers Face €3 Billion Loss After 2nd Bank Bailout In 2 Years (ZH)
• Christmas Present (Jim Kunstler)
• Et Tu, Brute? – How Empires Die (Thomas)
• Do We Need The Fed? (Ron Paul)
• Apple Says UK Surveillance Law Would Endanger All Customers (BBG)
• Half of World’s Coal Must Go Unmined to Meet Paris Climate Target (BBG)
• It’s ‘Almost Too Late’ To Stop A Global Superbug Crisis (PA)