By Michael Snyder Is September 2015 going to be one of the most important months in modern American history? When I issued my first ever “red alert” for the last six months of 2015 back in June, I was particularly concerned with the months of September through December, and not just for economic reasons. All … Continue reading
By Michael Snyder Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe. Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking … Continue reading
By Michael Snyder If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time. This is precisely what happened just before the great financial crisis of … Continue reading
By Michael Snyder When financial markets crash, they do not do so in a vacuum. There are always patterns, signs and indicators that tell us that something is about to happen. In this article, I am going to share with you four patterns that are happening right now that also happened just prior to the … Continue reading
Capital outflows from emerging market countries reached $120 billion in the second quarter of this year — the most since 2009 — led by an exodus from China’s markets during the country’s recent stock market crash, according to JP Morgan, Bloomberg reports. During the first quarter of this year capital flows into emerging markets rose $80 billion, according to JP Morgan. However, … Continue reading
By Michael Snyder The President of France has come up with a very creative way of solving the European debt crisis. On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing Europe would be for every member of the eurozone to transfer all of their … Continue reading
As markets in China continue to come crashing down, following their entrance into a bear market last Monday, and a continued fall which has erased over $3.2 trillion in value — more than Brazil’s gross domestic product (GDP) or twice the size of India’s entire stock market, Chinese companies have found a solution to avoid further losses: suspend trading. Amid … Continue reading
By Michael Snyder In this article, I am going to share with you some statistics that prove that most Americans are completely and totally unprepared for a Greek-style economic crisis. According to one recent survey, an all-time high 72 percent of all Americans are concerned about an economic downturn, and yet the amount of actual … Continue reading
Though there is a lot of noise concerning the Greek crisis and the Greek economy is likely going to collapse this week, three months from now no one will remember Greece going bankrupt, financial commentator Jim Rogers told RT. RT: In Athens crowds have rallied calling for people to vote ‘no’ in the upcoming referendum … Continue reading
According to former CEO of PIMCO, Mohamed El-Erian, Greece is heading for a “massive economic contraction” and will likely be forced out of the euro zone. On Sunday, Greece imposed capital controls, shut its banks, and closed its stock markets until further notice to avert a collapse of its financial system following Greek Prime Minister Alexis Tsipras’s shock announcement late … Continue reading