You may have noticed that things are starting to get crazy. Financial markets are imploding, violent crime rates are soaring in our major cities, and we have witnessed a truly unusual series of natural disasters in recent months. War in the Middle East continues to rage out of control, and Islamic terror continues to spread all over the globe. And many believe that 2016 is going to be a year of political shaking, civil unrest, governmental crackdowns and great economic chaos in the United States. All it is going to take to plunge our society into full-blown panic mode is a major “trigger event” of some sort. Another 9/11, a new “Lehman Brothers” moment, a massive EMP burst from the sun or a historic seismic event are all examples of what this “trigger event” could look like. (Read More...)
Panic Mode
10 Signs That Wall Street Is About To Go Into Panic Mode
Can you smell the fear? Right now world financial markets are visibly nervous and many are worried that Wall Street is about to go into panic mode. It really is eerie how 2011 is shaping up to be so similar to 2008. Major Wall Street banks are laying off workers in droves, oil prices are at very high levels, pessimism is permeating the financial markets, debt ratings are being downgraded all over the place and consumer confidence is stunningly low. Sadly, none of the fundamental things that were wrong with the financial markets back in 2008 have been fixed. In fact, many believe that Wall Street is even more vulnerable now. A ton of bad economic numbers have come pouring in lately and that has put investors in a really sour mood. All it would probably take is for one really significant “trigger event” to take place for Wall Street to go into full-fledged panic mode. (Read More...)