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| i think people are going to start to panic pretty soon! | |
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| Tweet Topic Started: Jan 8 2016, 10:55 AM (1,087 Views) | |
| Silver | Jan 8 2016, 10:55 AM Post #1 |
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i think people are going to start to panic pretty soon! what do you think? |
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| Silver | Jan 8 2016, 10:57 AM Post #2 |
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| Silver | Jan 8 2016, 10:59 AM Post #3 |
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http://theeconomiccollapseblog.com/archives/stock-market-crash-2016-this-is-the-worst-start-to-a-year-for-stocks-ever for more click here........ Stock Market Crash 2016: This Is The Worst Start To A Year For Stocks Ever By Michael Snyder, on January 7th, 2016 We have never had a year start the way that 2016 has started. In the U.S., the Dow Jones Industrial Average and the S&P 500 have both posted their worst four-day starts to a year ever. Canadian stocks are now down 21 percent since September, and it has been an absolute bloodbath in Europe over the past four days. Of course the primary catalyst for all of this is what has been going on in China. There has been an emergency suspension of trading in China two times within the past four days, and nobody is quite certain what is going to happen next. Eventually this wave of panic selling will settle down, but that won’t mean that this crisis will be over. In fact, what is coming is going to be much worse than what we have already seen. On Thursday I was doing a show with some friends, and we were amazed that stocks just seemed to keep falling and falling and falling. The Dow closed down 392 points, and the NASDAQ got absolutely slammed. At this point, the Dow and the NASDAQ are both officially in “correction territory”, and some of the talking heads on television are warning that this could be the beginning of a “bear market”. But of course some of the other “experts” are insisting that this is just a temporary bump in the road. But what everyone can agree on is that we have never seen a start to a year like this one. The following comes from CNN… The global market freakout of 2016 just got worse. The latest scare came on Thursday as China’s stock market crashed 7% overnight and crude oil plummeted to the lowest level in more than 12 years. The Dow dropped 392 points on Thursday. The S&P 500 fell 2.4%, while the Nasdaq tumbled 3%. The wave of selling has knocked the Dow down 911 points, or more than 5% so far this year. That’s the worst four-day percentage loss to start a year on record, according to FactSet stats that go back to 1897. When CNN starts sounding like The Economic Collapse Blog, you know that things are really bad. I particularly like their use of the phrase “global market freakout”. I might have to borrow that one. Even some of the biggest and most trusted stocks are plummeting. For instance, Apple dropped to $96.45 on Thursday. It is now down a total of 28 percent since hitting a record high of more than 134 dollars a share back in April. So that means that if someone put all of their retirement money into Apple stock last April (which may have seemed like a really good idea at that time), by now more than one-fourth of that money is gone. For months, I have been warning that the exact same patterns that we witnessed just prior to the great stock market crash of 2008 were happening again. To me, the parallels between 2008 and 2015/2016 were just uncanny. And now other very prominent names are making similar comparisons. According to the Washington Post, George Soros says that the way this new crisis is unfolding “reminds me of the crisis we had in 2008″… Influential investor George Soros said that China had a “major adjustment problem” on its hands. “I would say it amounts to a crisis,” he told an economic forum in Sri Lanka, according to Bloomberg News. “When I look at the financial markets, there is a serious challenge which reminds me of the crisis we had in 2008.” Don’t get me wrong – I am certainly not a supporter of George Soros. My point is that we are starting to hear a lot of really ominous talk from a lot of different directions. All over the world, people are starting to understand that the next great financial crisis is already here. As I write this tonight, I just feel quite a bit of sadness. A lot of hard working people are going to lose a lot of money this year, and that includes people that I know personally. I wish that my voice had been clearer and louder. I wish that I could have done more to get people to understand what was coming. I wish that my warnings could have made more of a difference. I just think about how I would feel if everything that I had worked for all my life was suddenly wiped out. And that is what is going to end up happening to some of these people. When you lose everything, it can be absolutely debilitating. You only make money in the markets if you get out in time. And unfortunately, most of the general population will be like deer in the headlights and won’t know which way to move. There will be up days for the markets in our near future. But don’t be fooled by them. It is important to remember that some of the greatest up days in U.S. stock market history were right in the middle of the stock market crash of 2008. So don’t let a rally fool you into thinking that the crisis is over. The financial crisis that began in the second half of 2015 is now accelerating, and everything that we have witnessed over the past few days is just a natural extension of what has already been happening. Personally, I am just really looking forward to this weekend when I will hopefully get caught up on some rest. Plus, my Washington Redskins will be hosting a playoff game on Sunday, and if they find a way to win that game that will put me in a particularly positive mood. It is good to enjoy these simple pleasures while we still can. Unprecedented chaos is coming this year, and we are all going to need strength and courage for what is ahead. ====================== January 8, 2016 The Clock Is Ticking: 'It Is Going To Get A Lot Worse' - Act Now And Prepare - X22 Report By Susan Duclos - All News PipeLine Dave from X22 Report offers and excellent overview of what is being seen in the economy, not just nationally, but across the board as the illusion starts dropping away to show a global economy that is on the verge of implosion stating "it cannot be stopped" as he asserts it will continue to accelerate. He highlights the recent warnings from the UK of economic disaster on the horizon with Britain's Treasury Chief warning of a "dangerous cocktail" of new threats to the economy before he points to Canada's ongoing decline into depression. We hear that despite the official unemployment rate continuing to decrease, initial jobless claims are trending upward as those not in the labor force at all continue on at near record highs. People are not working (94,103,000 of them), have simply stopped looking for work for a variety of reasons, which manipulates the official unemployment record. Dave then goes on to highlight stores such as Macy's announcing the closure of 40 stores with an expected 4,800 layoffs and Finish Line to close 25 percent of their stores to total 150 stores over the next four years. At the X22 Report website we see a number of businesses from Office Max/Office Depot to Walgreens to American Eagle Outfitters, all planning layoffs and closures in the next couple of years, inidicative of an ecomony that is not recovering despite claims to the contrary, but is instead spiraling out of control. Pointing to the volatility we have seen since the beginning of 2016 in the stock markets with reports stating that stocks are off to the worst start in history for a new year, Dave says "the stock market is ripping itself apart" as it did prior to the 2008 crash. RELATED: Is The World Ready For This? Countries Across Planet Prepare For Crash Landing As Critical 'Make Or Break' Event Is Happening Now After detailing more high impact news and data, Dave states "We need to understand that it is going to get a lot worse, its not going to get better, its not going to all of a sudden improve out of nowhere." Links to each of the news reports showing proof of his assertions can be found at the X22Report website. His main point is that it is all going to come to a point where the central bankers and the government can no longer hide the truth and will finally admit that everything has collapsed, saying "this is when people are going to get very afraid, when people are going to be scared." In his conclusion he states "we need to get prepared for what is coming, you need to be ready. You don't want to be out there running around. You want to say 'you know something, I knew this storm was coming and I knew I had to get prepared and this is why I did it and thank God I did. Thank god I had the food, the water, the gold, the cash, a weapon, toiletries, medicines'....." Get prepared. |
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| Silver | Jan 8 2016, 11:02 AM Post #4 |
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ut oh......... there is a very good dream in the middle of the disaster for the children of God though ....... link....... later.. |
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| Silver | Jan 8 2016, 11:03 AM Post #5 |
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When The U.S. Dollar No Longer Exists - Jeff Nielson https://www.sprottmoney.com/blog/when-the-us-dollar-no-longer-exists-jeff-nielson.html |
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| Silver | Jan 8 2016, 11:06 AM Post #6 |
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http://dollarcollapse.com/money-bubble/perfect-storm/ The Perfect Storm |
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