THE GLOBAL ECONOMY IS OFFICIALLY MELTING DOWN
As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop
Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating.
Markets across the board are melting down as we speak, and the financial crash that supposedly “fringe” analysts have been predicting since 2008, is finally upon us. Take a look at what’s going down right now.
click link to read more :
http://www.infowars.com/the-global-economy-is-officially-melting-down/
As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop
Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating.
Markets across the board are melting down as we speak, and the financial crash that supposedly “fringe” analysts have been predicting since 2008, is finally upon us. Take a look at what’s going down right now.
- The Dow has fallen 1300 points from its peak. On Friday alone, it fell by 530 points, making it the9th worst stock market crash in US history.
- The Shanghai composite fell by more than 11% this week. All told, China’s stock market has lost a third of its value since its previous peak, and the only thing holding it up is their government’s intervention. It lost 4% of its value on Friday after it was revealed that their manufacturing activity had reached a 77 month low.
- 400 of the world’s richest people lost a total of $182 billion this week, amounting to 6.3% of their collective wealth. When the people who benefit the most from inflated markets are getting hurt, you know that the bubble is bursting.
- The dollar’s rally may be finally nearing its end. Its value has fallen slightly, but consistently for the past 2 weeks.
- Commodities have fallen to a 13 year low. The price of copper has reached a 6 year low while oil has suffered its longest decline since 1986.
click link to read more :
http://www.infowars.com/the-global-economy-is-officially-melting-down/