A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. By Michael Snyder In so many ways, it seems like we are watching a replay of the financial crisis … Continue reading
Keep an eye on the shadow banking system – it is about to be shaken to the core. By Michael Snyder According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars. It has approximately tripled in size since 2002. In the U.S. alone, the … Continue reading