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If you are like most Americans, you have not been. Most Americans don’t seem to really care too much about what is happening in the rest of the world, but they should. In major cities all over the globe right now, there is looting, violence, shortages of basic supplies, and runs on the banks. We are not at a “global economic collapse” stage yet, but things are getting worse with each passing day. For a while, I have felt that 2019 would turn out to be a major “turning point” for the global economy, and so far that is exactly what it is turning out to be. The world is on the cusp of an economic collapse and a major stock market crash, and most global investors haven’t strapped on their rain boots nor deployed their umbrellas for what is coming in 2020. As we note in this piece, the most vulnerable fall first, all eyes on emerging markets for the next domino to drop.
The following are 7 early warning signs that we are rapidly approaching a global economic collapse:
#1 Panic In Emerging Markets: South African Stocks On Track For Worst 3Q Since 2011
#2 Argentina just suffered the 2nd-biggest crash since 1950 for any stock market — and the nation is again on the brink of a financial crisis
#3 Venezuela hyperinflation hits 10 million percent
#4 Brazil unemployment and poverty are getting worse
#5 Turkey’s economy similar to before 2001 financial crash – ex-central bank governor
#6 The growing debt of China could trigger a financial crisis
#7 Japan’s Economy Falls to Lowest Since Early 2010
In light of everything above, is there anyone out there that still wants to claim that “everything is going to be okay” for the global economy?
Sadly, most people are not even aware of most of these things.
A major global stock market crash and the next Great Depression e is rapidly approaching, and most people don’t even seem to notice the storm clouds that are gathering on the horizon.
Prepare for the coming economic collapse while you still can.
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