This Economic Collapse Will Trigger a Stock Market Crash
By: Graham Summers
GoldSeek.com
Tuesday, 17 November 2015
We are in a global economic collapse.
And it is going to trigger a stock market crash.
The Central Bank fueled “recovery” is officially over. Central Banks propped up the financial markets for six years. But the money was spent on financialization and accounting gimmicks (buybacks).
That is, it didn’t get into the global economy in a useful way: corporate capital expenditures, job hires, etc. As a result, the global economy never really hit “lift off.”
We can see this clearly in a number of economic images.
Consider Oil, possibly the most economically sensitive commodity in the world.
Oil isn’t just used to power cars and trucks, it’s present in lipstick, solar panels, polyester (stain resistant clothes), chewing gum, crayons, Aspirin, pantyhose, sneakers, detergent, CDs, plastics of any kind, food additives, fertilizers, pesticides and more.
When these industries are growing, demand for Oil increases. And this demand typically results in higher prices.
However, the price of Oil has collapsed, ending a 16-year bull market, and falling to levels not seen since 2004.
The Rest…HERE
