2 Day Stock Market Crash
The 888 point drop in the Dow Jones Industrial Average last week beats the previous largest drop of 777 points in September 2008. An absolutely gigantic global financial bubble is beginning to burst, and the stock market crash of 2015 is just getting started.
Currencies Are Plunging
In emerging markets worldwide, currencies are plunging over fears that developing economies are on the verge of a crippling fall. The damage has spilled across oceans, with the turmoil jolting investors in New York, Tokyo and Europe. Also, in the unlikely event that the Fed raises interest rates, investors would move even more money out of emerging markets to seek higher U.S. rates.
A World In Denial
According to Egon von Greyerz, the perfect storm has now started. And this storm will turn into a hurricane probably within the next…
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