- There Is More To Come: “We’re In The Early Chapters… Red Flags Are Screaming… The Economy Is Imploding… Nuclear War”
by Mac Slavo, February 28th, 2016, SHTFplan.com
The beginning of 2016 revealed what some have known for quite some time – financial markets are an epic disaster just waiting to be realized. With stock indexes having rebounded somewhat since the initial meltdown, financial pundits and mainstream analysts would have us believe that the worst of it has passed. But don’t be fooled, warns Economic Collapse Blog publisher Michael Snyder in his latest interview with Future Money Trends, because we’re still in the early chapters of what may be the most devastating financial, economic and monetary collapse in history:
A total of $16.5 trillion dollars had been wiped out from stock markets around the world… that doesn’t even count bonds and other things. So we have seen this massive amount of wealth wiped out globally… almost as much as the U.S. national debt.
Of course, the past few days we’ve seen a bounce back… markets never go down in a straight line… If you go back to 2008, the two best days in terms of a point increase in U.S. stock market history were right in the middle of the Crash of 2008… just because stocks go up for a day or two does not mean the crisis is over.
In my perspective we’re still in the early chapters… all of the red flags are still screaming that a lot more is to come… the entire global economy is imploding.