The year that has ended has seen numerous social protests around the world. Moises Navarrette: Claudia Buch's concerns should worry us even more.

He says the international financial system is so interconnected that decisions by European regulators will affect banks around the globe. The risks that worry leaders like Claudia Buch are the risks of high and the streets that shake more and more cities around world, he says. The world comes from above and below at the same time, he writes, and we are only beginning to know the consequences.