Tag Archives: Finance

The United States is teetering on the edge of financial disaster. The conditions are so severe it could happen by tomorrow, next week, or next month. Everywhere we look, the economic news is grim.

Earlier this year, the Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”. Deutsche Bank failed all of its stress tests as have every other bank.

The collective market value of companies listed on the S&P 500 has dropped by a trillion dollars since the start of 2016, and panic is spreading like wildfire all over the globe. RBS, is on the record saying that the only logical thing to do is to “sell everything” except for high quality bonds. Our largest bank, J.P. Morgan Chase, is “urging investors to sell stocks on any bounce”…

If we are witnessing the world’s free fall into a major global deflationary crisis, the price of oil needs to get back above 5$0 a barrel. Yet, Dallas Federal Reserve Chief, President Robert Kaplan, recently stated that the price of oil is going to stay very low for the next several years to come.
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