RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that major stock markets could fall by a fifth and oil may plummet to $16 a barrel.
RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that major stock markets could fall by a fifth and oil may plummet to $16 a barrel.
When the next financial crisis comes – the big banks could save themselves by stealing right out of your checking account. Banking expert Ellen Brown, Public Banking Institute/Web of Debt/The Public Bank Solution will explain how in tonight’s Conversations with Great Minds.
Source: Economic Collapse Blog | Never before have we seen a year start like this. On Monday, Chinese stocks crashed once again. The Shanghai Composite Index plummeted another 5.29 percent, and this comes on the heels of two historic single day crashes last week. All of this chaos over in China is one of the factors that continues to push commodity prices even lower. Today the price of copper fell another 2.40 percent to $1.97, and the price of oil continued to implode. At one point the price of U.S. oil plunged all the way down to $30.99 a barrel before rebounding just a little bit. As I write this article, oil is down a total of 6.12 percent for the day and is currently sitting at $31.13. U.S. stocks were mixed on Monday, but it is important to note that the Russell 2000 did officially enter bear market territory. This is yet another confirmation of what I was talking about yesterday. And junk bonds continue to plummet. As I write this, JNK is down to 33.42. All of these numbers are huge red flags that are screaming that big trouble is ahead. Unfortunately, the mainstream media continues to insist that there is absolutely nothing to be concerned about.
UN Security Council on Monday held an emergency meeting on the humanitarian situation in the besieged regions of Syria. The meeting was convened upon requests from Spain and New Zealand, both of them nonpermanent members of the UN at the moment, and was held behind closed doors.
Committee to Ammon Bundy: “We ask that you organize your people, explain that your point has been made, and leave in a peaceful, honorable fashion.
A senior US Navy official said that the US Navy is looking into a permanent deployment in the Mediterranean to assist European nations with the migrant crisis and in response to increased Russian naval capabilities.
WEB Notes: Germany has very strict gun laws, imagine if they did not. Imagine if citizens were walking around armed. How many of these attacks do you think there would be? Remember the words of the English.
While survey strategists noted that increasing cash positions may be a contrarian buy indicator, Morganlander said he doesn’t think it’s time to jump back into stocks just yet, given current valuations and declining profit margins for S&P 500 companies.
WEB Notes: Now Mexico’s Oil Price Drops Below Production Costs.
As many as a million Americans will be kicked off food stamps this year thanks to the return of federal rules targeting unemployed adults without children.That’s according to a new analysis by the Center on Budget and Policy Priorities, a liberal Washington, D.C. think tank, which finds that no fewer than 500,000 people will lose benefits.
Source: Don’t Expect Food Stamps If You’re Unemployed And Childless
A Syrian suicide bomber is thought to be responsible for an attack which killed at least ten people including foreigners in the heart of Istanbul’s historic Sultanahmet tourist district on Tuesday, President Tayyip Erdogan said.
© 2018 World Events and the Bible.
Isaiah 21:6 — Up ↑