STREET DOGS: What to worry about in 2017
Three things that you should be worrying about in 2017, writes Michel Pireu
Most worst-case scenarios for 2017 share a common theme that involves the use of weapons of mass destruction by Islamic State, a crippling cyber attack of some sort and something to do with either Pyongyang or the Taliban. As horrific as these would be in retrospect it is often something unpredictable or far less terrifying that ends up doing the damage. Here then are three things that you should be worrying about in 2017: The collapse of Italy’s banking system. In a list of boring-sounding things you should be worried about, a collapse of Italy’s banking system is number one. Italy is the world’s eighth largest economy. It’s also a eurozone country, so it could bring the whole EU into crisis. The Greek debt crisis nearly collapsed the euro, and Greece barely edges into the top 50 global economies. As a single entity, the EU has an economy larger than China. If it went bad, the effect on the world would be enormous. Marine Le Pen is elected president of France. Le Pen’s Front Nation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.