12 TIPS TO SURVIVE THE NEXT ECONOMIC COLLAPSE AND THE BEGINNING OF THE NEXT GREAT DEPRESSION
Allselfsustained.com
Mar. 5, 2016
Wow, so far 2016 has been one wild year for financial markets.
As I (and many) have been warning for months, the financial markets are in big trouble and a major decline could happen at any time. Well it looks like the time is now.
Commodities continue their deflationary plunge with oil briefly breaking $30 bbl. Copper, Iron Ore and many other commodities are plunging as world demand shrinks in the face of a dramatic worldwide economic slowdown
Treasury bond yields plunged as investors sought the perceived safety of U.S. debt. There is no way the Fed will lower interest rates any time soon in the face of plunging world markets.
World economic growth is slowing , mainly in China and other emerging market countries. Over 20 global stock markets are already in bear markets. The strong U.S. dollar makes repayment of debts denominated in dollars more costly to foreign countries. There is major stress going on with the banks.
Since the end of the 2008 financial crisis, investors have come to believe that central banks will always come to the rescue every time the markets stumble. That confidence is now being shaken.
China’s surprise devaluation of their currency has roiled world financial markets as other countries have or are expected to do the same to remain competitive resulting in a currency war.
The Rest…HERE
