Warnings That A Massive Stock Market Crash Is Imminent
In the financial world, the month of October is synonymous with stock market crashes. So will a massive stock market crash happen this year? You never know.
In the financial world, the month of October is synonymous with stock market crashes. So will a massive stock market crash happen this year? You never know.
The United States is not the only one with massive economic problems right now.
The truth is that just about wherever you look around the globe things are getting even worse.
The latest forecast by LEAP/2020 predicts the global economy will be ‘sucked into a black hole’ by October, that the Fed’s QE∞ will be ineffective at staving off the collapse, and that all signs indicate a massive downturn (‘without modern historical equivalent‘) in the economy is ‘dead-ahead‘.
JP Morgan, Bernanke and Obama’s former Treasury adviser and the world’s top investors are all warning an unprecedented market meltdown is on the horizon.
Are you willing to bet against three of the wealthiest men in the entire world? Jacob Rothschild recently betapproximately 200 million dollars that the euro will go down. Billionaire hedge fund manager John Paulson made huge bets that the euro will go down and that the price of gold will go up.
In a riveting interview on CNBC, legendary investor Jim Rogers warned Americans to prepare for “Financial Armageddon,” saying he fully expects the economy to implode after the U.S. election. Rogers, who for years has been an outspoken critic of the Feds policies of “Quantitative Easing,” says the world is “drowning in too much debt.”
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse.
Are we rapidly approaching a moment of reckoning for the global financial system? August is likely to be a relatively slow month as most of Europe is on vacation, but after that we will be moving into a “danger zone” where just about anything could happen.
At a time of skyrocketing federal debt, declining morality and growing spiritual apathy and apostasy, New York Times bestselling author Joel C. Rosenberg – known as a “modern-day Nostradamus” – says America may face cataclysmic collapse in the not-too distant future.
Those running the big investment banks and trading floors today bear an uncanny resemblance to the generals on both sides of the conflict in WWI. There is an old military saying about the folly of fighting the “next” war by the methods of the last war.
The European Union will hold yet another do-or-die summit this week. On this occasion, “growth” is the plat du jour; the allegedly missing recipe in the “plan” to save the euro. In addition, some suggest that this time is also “different” because Greece, France, Italy and Spain may now be ready to corner Germany to relax its sacrosanct fixation with austerity.
Yes, it is officially time to start freaking out about the global economy. The European financial system is falling apart and it is going to go down hard. If Europe was going to be saved, it would have happened by now. The big money insiders have already pulled their funds from vulnerable positions and they are ready to ride the coming chaos out.