What has been happening on Wall Street the past few days has been nothing short of stunning. By Michael Snyder On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a half, and investors are starting to panic. Overall, the Dow is now down … Continue reading
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. By Michael Snyder The truth is that what matters to people in this country is the health of their … Continue reading
Gerald 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. By Michael Snyder If you are not familiar with Gerald Celente, he is one of the most highly respected trends forecasters in the entire … Continue reading
Will there be a financial collapse in the United States before the end of 2015? By Michael Snyder 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 … Continue reading
Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. By Michael Snyder In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P … Continue reading
Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I … Continue reading
By Enrique Lescure Introduction Francis Fukuyama coined the term “end of history” in 1992, following the collapse of the Soviet Union. The bipolar world, divided between the Capitalistic and Socialistic blocs, was no more, and was replaced with a world characterised by unipolar hegemony by the United States, and the strengthening of supranational institutions aiming … Continue reading
The number of contracts signed during the International Economic Forum in St. Petersburg in Russia completely refutes the picture of Russia’s economic isolation as 205 deals estimated at $5.4 billion were signed. Let’s look at the numbers closer to get a better overview of the forum. 2015 205 contracts valued at around $5.4 billion vs. 2014 … Continue reading
As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe. By Michael Snyder In Greece, a full blown bank run is happening right now. Approximately 2 billion euros were pulled out of Greek banks in just the past three days, Barclays says that capital controls are … Continue reading
Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two … Continue reading