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Will a major economic collapse happen in the near future?
If the financial carnage continues (and that is a big “if”), this could be the beginning of another financial crisis and stock market crash like we experienced in 2008, and that would almost certainly mean a beginning of the global economic collapse.
And of course once the next global recession begins, it is likely to be more painful than we have ever seen before in modern history, because the global debt bubble is far larger than it has ever been before.
Stock market crash is imminent, global banking stocks are plunging, emerging market stocks are cratering, and emerging market currencies continue their stunning decline. This represents a dramatic change from the relative stability that we have seen throughout most of 2018. It is almost as if someone flipped a switch once the month of August began, and the shakiness of global financial markets has many investors wondering what trouble fall will bring. A global market crash is coming, and investors should prepare accordingly.
We live at a time of great global instability, and there are so many ominous warnings about our future. A lot of people reach out to me for advice on how to get prepared for the upcoming economic collapse , and I hope to share quite a few tips in future videos.
Script: Michael Snyder – http://theeconomiccollapseblog.com/archives/5-signs-that-global-financial-markets-are-entering-a-bear-market-and-11-ways-that-you-can-get-prepared-for-the-chaos-that-is-coming
Music: CO.AG Music: https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA
Global Economic Collapse – definition and meaning. A global economic collapse is an economic crisis that affects many countries at the same time. … Eventually, banks stop lending and demand early settlement of loans and other financial instruments. Banks also start selling all the financial assets that they can. An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for years, or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels.