We witnessed something truly historic happen on Friday. By Michael Snyder The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is … 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
The list of nations around the globe that have collapsing economies just continues to grow. By Michael Snyder 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 … 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
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. By Michael Snyder “Dr. Copper” just hit a six year low, Morgan Stanley is warning that this could be the worst oil price crash in 45 … 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
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
On Friday, the federal government announced that the U.S. economy contracted at a 0.7 percent annual rate during the first quarter of 2015. This unexpected shrinking of the economy is being primarily blamed on “harsh” weather during the first three months of this year and on the strengthening of the U.S. dollar. By Michael Snyder … Continue reading
When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks. By Michael Snyder At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 percent of the country has more credit card debt than emergency savings. One … Continue reading
By Michael Snyder Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015? Could it be possible that the timing of major financial crashes is not just a matter of coincidence? In previous articleson my website, I have discussed some of the … Continue reading