World’s 20th largest bank says “sell everything”… financial apocalypse unfolding in 2016
This isn’t some dire warning from “another one of those blogs” where the writer/blogger is publishing clickbait. No, the latest warning of an impending financial apocalypse has come from none other than the Royal Bank of Scotland, only the world’s 20th biggest bank. So you have to take that as some sort of validation that Read More
Five European banks on verge of “terrifying” failures… financial doom inescapable
The global financial situation continues to deteriorate, driven in large part by the collapse of the petrodollar (not the U.S. dollar – petroleum profits), as one financial expert is now warning that five big European banks are on the verge of “terrifying” failures. As reported by the UK’s Express, Deutsche Bank, Credit Suisse, Santander, Barclays Read More
“Whatever you might think” about China, “It’s worse!”
(Collapse.news) A Wall Street pro says that Friday’s stock market sell-off, in which the Dow Jones Industrial Average experienced its single-largest one-day loss since 2011, was due in large part to China’s tanking economic prospects – a situation he says is being grossly underestimated. “It’s worse than you think. Whatever you might think, it’s worse,” Read More
Biotech stocks collapse as investors abandon GMO corporations amid global economic turmoil
Biotech stocks have finally entered bear market territory, with stocks now down about 22% from their previous high.[1] History is repeating itself, as it so often does. Recall that in 1992 biotech stocks doubled — sometimes tripled — in value in just a matter of months. For a time, these stocks were the sweetheart of Wall Read More
