Financial

2015 Was The Worst Year For The Stock Market Since 2008

It’s official – 2015 was a horrible year for stocks.  On the last day of the year, the Dow Jones Industrial Average was down another 178 points, and overall it was the worst year for the Dow since…

Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives

Did you know that there are 5 “too big to fail” banks in the United States that each have exposure to derivatives contracts that is in excess of 30 trilliondollars?  Overall, the biggest U.S. banks collectively have more…

The Pope Says This Christmas Is A ‘Charade’ And That For Some People ‘It May Be Their Last’

Pope Francis sure does say a lot of strange things. I don’t think that any other Pope throughout history has ever called Christmas a “charade” or has suggested that for many people this Christmas “may be their last”.…

The Rate Hike Stock Market Crash Has Thrown Gasoline Onto An Already Raging Global Financial Inferno

If the stock market crash of last Thursday and Friday had all happened on one day, it would have been the 7th largest single day decline in U.S. history.  On Friday, the Dow Jones Industrial Average was down…

December 14th To 18th: A Week Of Reckoning For Global Stocks If The Fed Hikes Interest Rates?

Are we about to witness widespread panic in the global financial marketplace?  This week is shaping up to be an absolutely critical week for global stocks.  Coming into December, more than half of the 93 largest stock market…

The Yuan Ascends to World Reserve Status: “Dollar System Being Done Away With”

Today’s news is a historic milestone. The dollar’s days are numbered, and the new global economic order is shifting into place. As many insiders have expected, China has now officially gained status among the world reserve currencies, taking…

We Have Never Seen Global Trade Collapse This Dramatically Outside Of A Major Recession

If you have been watching for the next major global economic downturn, you can now stop waiting, because it has officially arrived.  Never before in history has global trade collapsed this dramatically outside of a major worldwide recession. …