12 Signs That An Imminent Global Financial Crash Has Become Even More Likely

Time Spinning Skyline - Public DomainDid you see what just happened?  The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era.  This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled.  The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent.  As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate.  At this point, it is not going to take very much to push us into a full-blown worldwide financial crisis.  The following are 12 signs that indicate that a global financial crash has become even more likely after the events of the past few days… (Read More...)

Protesters Declare They Are Ready For War As America’s Impoverished Inner Cities Threaten To Erupt

Ferguson Unrest - Photo by LoavesofbreadAre we about to witness a new round of racially-charged protests, riots and demonstrations all across the United States?  On Sunday night, a protest that had been organized to commemorate the one year anniversary of Michael Brown’s death in Ferguson, Missouri took a very violent turn.  An 18-year-old named Tyrone Harris that is being described as a “real close” friend of Michael Brown opened fire on police with a stolen handgun.  Police returned fire and Harris got hit.  He is now in the hospital and his prognosis is uncertain.  Of course this just raised tensions to an entirely new level, and at this point a state of emergency has been declared in Ferguson. (Read More...)

Gerald Celente Is Predicting That A Stock Market Crash Will Happen By The End Of 2015

New York Stock Exchange - Public DomainGerald Celente of the Trends Research Institute has just gone on the record with a prediction that there will be a stock market crash by the end of this calendar year.  If you are not familiar with Gerald Celente, he is one of the most highly respected trends forecasters in the entire world.  He has been featured on CNN, The Oprah Winfrey Show, The Today Show, Good Morning America, CBS Morning News, NBC Nightly News and Coast to Coast AM.  Personally, I have a lot of respect for him.  While it is true that not every single one of his forecasts about the future came to pass over the years, he does have a very solid track record that goes back for decades.  He correctly predicted the 1987 stock market crash, the bursting of the dotcom bubble and the financial panic of 2008.  Just a couple of days ago, he told Eric King the following: “I’m now predicting that we are going to see a global stock market crash before the end of the year.”  Celente says that it won’t just be U.S. stocks either.  He believes that crashes are also coming to “the DAX, the FTSE, the CAC, Shanghai, and the Nikkei”.  It other words, it is going to be a truly global financial crisis and he says that there is “going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil”. (Read More...)

The Dow Has Already Fallen Nearly 900 Points From The Peak Of The Market

Financial Crisis Stocks - Public DomainIn an eerie repeat of what we witnessed in 2008, U.S. stocks are steadily sliding throughout the summer as we head toward the month of September.  From August 1st, 2008 to September 1st, 2008 the Dow fell by nearly 700 points.  And of course we all remember what happened the following month.  Right now, we are watching a similar thing happen.  The Dow has plummeted nearly 700 points since July 16th, and it is down nearly 900 points from the peak of the market back in May.  At this point the Dow has now fallen for six days in a row and eleven of the last thirteen.  Of course most of the talking heads on television are still insisting that everything is going to be just fine and that a repeat of 2008 is not possible.  So what do you think?  Should we trust them? (Read More...)

You Can Add Iraq And Ukraine To The List Of Economies That Are Collapsing

Earth Blue Planet - Public DomainThe list of nations around the globe that have collapsing economies just continues to grow.  In recent weeks I have written about the ongoing saga in Greece, the stock market crash in China, the debt crisis in Puerto Rico and the economic meltdown in South America.  But there are more economic flashpoints that I have not even addressed yet.  For example, did you know that a full-blown economic collapse is happening in Iraq right now?  And did you know that the economy of Ukraine is contracting rapidly and that it cannot pay its debts?  Back in 2008, the financial crisis was primarily centered on the United States, but this time around it is turning out to be a truly global phenomenon. (Read More...)

8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent

Earth Clock Pocketwatch - Public DomainWill there be a financial collapse in the United States before the end of 2015?  An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis.  Of course that doesn’t mean that it will happen.  Experts have been wrong before.  But without a doubt, red flags are popping up all over the place and things are lining up in textbook fashion for a new financial crisis.  As I write this article, U.S. stocks have declined four days in a row, the Dow is down more than 750 points from the peak of the market in May, and one out of every five U.S. stocks is already in a bear market.  I fully expect the next several months to be extremely chaotic, and I am far from alone.  The following are 8 financial experts that are warning that a great financial crisis is imminent… (Read More...)

Crashing: Apple, Twitter, Oil, Commodities, Greek Stocks, Chinese Stocks

Crash - Public DomainThe month of August sure has started off with a bang.  Tech stocks are crashing, oil is crashing, industrial commodities are crashing, Greek stocks crashed the moment that the Greek stock market reopened for trading, and Chinese stocks continue to crash.  At this point we have not seen a broad crash of U.S. stocks yet, but it is important to note that the Dow is already down more than 700 points from the peak in May.  If it continues to slide like it has in recent days, it won’t be too long before we will officially reach “correction” territory.  Just a few days ago, I described August as a “pivotal month“, and so far that is indeed turning out to be the case. (Read More...)

Obama’s Climate Fascism Is Another Nail In The Coffin For The U.S. Economy

American Flag Painting - Public DomainIs Barack Obama trying to kill the economy on purpose?  On Sunday, we learned that Obama is imposing a nationwide 32 percent carbon dioxide emission reduction from 2005 levels by the year 2030.  When it was first proposed last year, Obama’s plan called for a 30 percent reduction, but the final version is even more dramatic.  The Obama administration admits that this is going to cost the U.S. economy billions of dollars a year and that electricity rates for many Americans are going to rise substantially.  And what Obama is not telling us is that this plan is going to kill what is left of our coal industry and will destroy countless numbers of American jobs.  The Republicans in Congress hate this plan, state governments across the country hate this plan, and thousands of business owners hate this plan.  But since Barack Obama has decided that this is a good idea, he is imposing it on all of us anyway. (Read More...)

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