The Global Economy Is Officially Melting Down

| |

stockmarketcrash

As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop. Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating. Markets across the board are melting down as we speak, and the financial crash that supposedly “fringe” analysts have been predicting since 2008, is finally upon us. Take a look at what’s going down right now.

  • The Dow has fallen 1300 points from its peak. On Friday alone, it fell by 530 points, making it the 9th worst stock market crash in US history.
  • The Shanghai composite fell by more than 11% this week. All told, China’s stock market has lost a third of its value since its previous peak, and the only thing holding it up is their government’s intervention. It lost 4% of its value on Friday after it was revealed that their manufacturing activity had reached a 77 month low.
  • 400 of the world’s richest people lost a total of $182 billion this week, amounting to 6.3% of their collective wealth. When the people who benefit the most from inflated markets are getting hurt, you know that the bubble is bursting.
  • The dollar’s rally may be finally nearing its end. Its value has fallen slightly, but consistently for the past 2 weeks.
  • Commodities have fallen to a 13 year low. The price of copper has reached a 6 year low while oil has suffered its longest decline since 1986.

That last one is very telling. You can always tell when the global economy is in bad shape based on the value of various commodities. It’s one of the strongest indicators for an economy, since it reveals how many real, tangible goods are being produced. Curiously, many of these commodities have been falling in value throughout the supposed recovery that we’ve been in since 2009.

The only commodity that is doing well right now is gold, which has reached a six week high, and just had its best week since last January. Given the safe haven status that gold holds, it’s clear now that confidence in the US dollar and the global economy, is slowly slipping.

With all of this information at hand, it would be hard to deny that we may be finally witnessing the same kind of crash that we endured in 2008. Anyone who thought that we’ve been in a genuine recovery for the past 6 years, was foolish. But anyone who thinks that global markets will simply bounce back from what has occurred over the past few weeks, is downright crazy.

Delivered by The Daily Sheeple

We encourage you to share and republish our reports, analyses, breaking news and videos (Click for details).


Contributed by Joshua Krause of The Daily Sheeple.

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .

Wake The Flock Up! Please Share With Sheeple Far & Wide:
  • Gearmoe

    We won’t know until Monday. But even if it goes up the signal of the bubble has been sounded and the instability is overt.

    • Airb0rne4325

      Watch the Chinese market tonight. That has been the precursor for ours.

  • Stumpknocker55

    expect a “sucker’s rally” shortly before TSHTF in the global markets. Gotta draw in those dumb investors who listened to pundits and outright liars who have convinced them that “this time it is different”.

    • loadnup

      That, “suckers” is the word that is going to bring about a dead cat bounce, IF there is one. Those a–holes who run the show want every dime they can get their thieving hands on and my view from reading a few other sites since Friday’s carnage is there are actually some folks out there who see this as just a bump in the road so buy while you can…. pray, prep and protect ’cause it’s about to get western around here, there and everywhere…

      • Right to the Point

        Very Western indeed!

        • dawnjdeguzman

          ❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦❦ my neighbor’s ex makes 86$/hour on the net……last weekday I got another McLaren F1 from obtaining four9948$this latest 4 weeks and-in wealth of, ten/k last-munth . with no vulnerability it is the most fulfilling work Ive ever done . I started this 10-months back and basically startad bringin in additionalthan 76$ for faithfully . check up on this website……..

          ===LOOK AT THIS=== > tinyurl.com/Tiptop6Careers6Star ➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽➽ ➽➽➽➽➽➽ have a look and find more help clicking any link

      • laughing fool

        Very scary… We all saw what happened after Katrina and Sandy.. and those were just weather events with repercussions lasting weeks…

        When the bottom finally falls out all bets are off.

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          Which bottom are you referring to?

          • laughing fool

            The one where the dead cat just lays there instead of bouncing… Just that would cause JIT to cease to be a thing in many areas…

          • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

            That is a physical bottom. Economics is not physical, it is continual, being the history of human action. It will never bottom, although treads might.

          • laughing fool

            =)

            Metaphorically speaking, when the cat craters, then there’s literally blood in the streets; instead of just political commentary about ‘another dead cat bounce’ you’ll see news stories about Wall Street suicides or riots in the cities…

            Hope that clears things up for you..

          • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

            I was and am completely clear about what you said, but that and a couple of dollars will buy a cup of coffee almost anywhere but Starbucks, and you don’t seem interested in understanding what I said, so I guess we’re done on the subjects.

          • laughing fool

            On the contrary; I’m interested in anything intelligent someone has to say.

            “Economics is not physical, it is continual, being the history of human action. It will never bottom, although treads might.”

            See, there I disagree. Economics has a high probability of becoming VERY physical, when it means whole groups of people have their livelihoods stolen from them by greedy interests, and those groups figure it out. Blood in the streets is never a laughing matter, sarcasm aside.

          • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

            You have economics confused with the physical results of its occurrence. Can you site a single instance where reading a history of something that has happened has caused, directly, any physical harm to the reader? Now then, the emotions incited by such a reading might cause a riot, but it isn’t the information that committed the violence.

          • laughing fool

            “Can you site a single instance where reading a history of something that has happened has caused, directly, any physical harm to the reader? Now then, the emotions incited by such a reading might cause a riot, but it isn’t the information that committed the violence.”

            No shit, Sherlock. You have mental masturbation confused with intelligent dialogue.

      • AtomicMetroid

        Hopefully all the people who get ripped off will start printing out decks of cards(arrest warrants)

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          They wouldn’t be valid unless signed by a judge…

          • AtomicMetroid

            hahaha

    • Right to the Point

      Well yeah. The “Elite Investors” have to get their favorite stocks some support while they slowly back out…..

  • SovereignPatriot88

    I don’t think this is going to be like 2008. I think it’s going to be worse. Everything that caused the crash in 2008 is worse now. We have higher levels of debt, a bigger bubble, more exposure to derivatives and we have printed more funny money. I think it will take down more markets in the world than 2008.
    And I also believe that this is why they are building up military equipment all over America. I think they expect civil unrest and riots and looting. They have stockpiles of hollow points and buckshot. And they have a lot of those military ambulances with the red cross on them because they expect many casualties. This might also explain the closed Wal-Mart stores and shopping malls with what looks like “guard towers” on them.
    This all could turn out to be nothing, but it could be something. It’s better to be aware of it and be wrong about it than to be oblivious to it and become victims of it. It’s better to be wrong than dead.
    Taking care of my family is more important than my pride and ego.

    • Nexusfast123

      Agree with the observation about the financial system. None of the bad behaviours were addressed and in fact the banks have massively compounded the problems. The only country that dealt with the banks in an effective was Iceland.

      • straight shooter

        Putin’s also doing his level best.

        • ThePatriotMuckraker

          Putin is an oli billionaire puppet. They all tie into Western banks, it’s all connected. Stop pushing “neo-soviet” propaganda.

          • straight shooter

            Umm…I don’t push propaganda, bro.

            They’re all “puppets.” The fact is, whatever tenuous tie-in between the EU and RU banking systems there may be is not nearly enough for the IMF/BIS/EU Mafia, otherwise they would treat him quite differently. No one is saying Putin’s a saint, but he’s resisting EU and NATO advances as much as he can, and that’s more than I can say for just about any other nation right now, aside from Iceland.

    • loadnup

      Good post but if it turns out to be nothing the government has spent millions to no avail. They did it for a reason and between now and what is left of this year will be an eye witness to the ultimate destruction of what was once the greatest country on earth. pray, prep and protect.

    • AtomicMetroid

      The rich, gated neighborhoods will be ravaged. You’ll see planes heading out to Tel Aviv

  • Nexusfast123

    The stock exchange is merely the mechanism whereby hundreds of billions are ‘skimmed off’ for the benefit of the 1%. Meanwhile the real economy continues to collapse.

  • patriot156

    Say off topic but what is this garbage I keep seeing telling me to update my browsere becaue this site won’t support My browser any more and how dare you try and force me to change to browsers I hate especially Googdl Chrome F em.
    Rather 666ish if you ask me.

    • Reverend Draco

      Maybe you should try something other than Netscape Navigator.

      • patriot156

        not I use IE9 haven’t used Netscape for years.

        • http://www.shitsenders.com Я0llyJ0g3r

          pale moon is cool. Lightweight & secure, based off firefox

        • Reverend Draco

          Ick – IE. . .there’s your problem right there.

          • straight shooter

            Indeed. IE, lol.

      • rogdix

        Use Firefox.

        • http://www.shitsenders.com Я0llyJ0g3r

          Go into your advanced firewall settings and remove any inbound firefox rules… that allows it to track you. I like firefox but I am not happy about this stunt.

        • Reverend Draco

          Roger that.

          • http://www.shitsenders.com Я0llyJ0g3r

            Get rid of those firewall rules….

      • straight shooter

        Chrome, dude.

      • Kyle Andrews

        Or maybe He should try something other than IE6.

        • Reverend Draco

          Or IEAnything.

    • Roger Christos

      I hear you. I got that today while using Google maps. Said I needed a modern browser. They are trying to get you to leave Firefox. Also, “get Windows 10 for free” keeps coming up as well. I refuse to do either.

    • http://www.shitsenders.com Я0llyJ0g3r

      I do not trust chrome at all but I have recently been using “Iron portable” which is built off of the chromium source code but it is open source, chrome is also chromium but with some “extras” added I believe, lol. 1 thing I heard is that it now acts like a huge botnet as it no longer asks if it is okay to accpet this update, if google says you need it, you now get it without your explicit permission… this is the very definition of an illegal botnet but I guess when you are google you get to do whatever the F you want. You ever want connection help I’m here…

  • CharlesH

    The Chinese markets open for trade at 8pm tonight (Sunday) and they’ll be a good indicator of what we can expect here in the states when trading opens Monday at 9:30am. Right now DOW futures are negative 400+ but I expect that change quite a bit between now and tomorrow. Whatever happens, it’s going to be interesting.

  • http://privacy.com MARCUS

    It won’t free fall, but watch for the step-downs. It’s gonna be a long staircase.

  • Guillotine_ready

    The current corporate and banking behavior of socking away cash and not investing in business or new ventures, and banks parking money at the fed for interest payments which are higher than the rate they borrowed it at is keeping a tight lid on any chance of growth in this economy.
    The pentagram coming out and saying they cannot account for trillions of dollars not once but several times is a clear indication money is stolen out of the economy by the black hole of unaccountable military spending. Our standing army has bled us over and over, but we cannot fix it or oh my who will keep us safe? Yeah right, we would be a hell of a lot better off without them.
    If it completely collapses and you lose everything and your family is sleeping in the street begging for food, will you then decide to forget the court, the cops, the so called government and go arrest the ones who keep doing this to us? Will you delink the country from a foreign parasite? Will you fight once you see your life has always been under threat?
    No you will not. You will not fight, you will not try to get rid of any of them. Because if it were going to happen it the country would never have gotten to this depth in the sewer. Face it, is over. Americans lost, without even fighting they gave away the whole nation. Through apathy and cowardice.
    So wake all the people up you want and nothing will change.

    • Tanya Stone

      FIght what? What are you able to reach from your place of sleeping in the gutter? Police? But they are guys from our neighborhoods. Personally, I think all the states should secede simultaneously from the Federal government, that has been hijacked by pirates of various kinds. Every state is organized so that it can become a sovereign nation at the stroke of a pen. Then we will no longer be in debt, we will no longer be at war; it will put an end at once to the Fed, the IRS, “Homeland Security,” the Pentagon, the CIA, etc., etc. Maybe in 25 years or so we can reunite, when we’ve learned to behave.

    • http://www.dontflyoverwater.com FarleyLives!

      You’re ready for the guillotine? personally or speaking of the world’s situation?

      just curious

      • http://www.shitsenders.com Я0llyJ0g3r

        It probably doesn’t hurt, did you see the modern ones in Georgia? Great for harvesting organs!

        • sunshine

          I’ve heard about this…but never seen it. Scary stuff.

          • http://www.shitsenders.com Я0llyJ0g3r

            This one looks like modern gym equipment: van-lieshout.com/wp-content/uploads/2009/02/guillotine.jpg

          • sunshine

            Haha why is it plastered with Chanel??

          • http://www.shitsenders.com Я0llyJ0g3r

            lol, I don’t know I wondered the same.

  • Right to the Point

    I had predicted 6mo ago the Dow would correct to about 12,000. That would have been healthy, however, because we pushed it off, it may go into free fall. Check this article out. http://www.msn.com/en-us/money/markets/dow-5000-yes-it-could-happen/ar-BBlYLcM?li=AA4Zjn&ocid=U219DHP

  • way2inform

    Doesnt matter when you have been living check to check you’re whole life. It really doesn’t matter

    • http://www.shitsenders.com Я0llyJ0g3r

      Use something like lending club but only use it as an investor and start reversing that trend… it is $25.

  • Carroll Price

    Unlike the Western world, Russia, China and Iran’s economies are not based on Ponzi schemes, and since they all hold vast reserves of gold bullion, I would not be surprised if they emerge from the current melt-down as the only financially stable countries in the world.

    • Occams

      Which is WHY Israel and the US go to such great lengths to create havoc in these countries, listed as ‘terrorist’ or ‘rogue’ nations, which means they have no Rothschild Central Bank, and/or are circumventing the dollar.

      I thoroughly believe a new 9/11 is shortly coming, blamed on the countries you listed, including Syria.

      • Reverend Draco

        They tried with the Boston Marathon – even used the exact same script, completely unaltered, from 9/11.

        • AtomicMetroid

          Yep
          are you awakening or something???

          • Reverend Draco

            Been awake for a long time.

          • AtomicMetroid

            Hmmm

      • http://www.dontflyoverwater.com FarleyLives!

        the puke GW Bush called the 3 countries without a central demon possessed bank the Axis of Evil

        • Occams

          Bush got the term right; “Axis of Evil”.

          He just got the players wrong; USA/UK/Israel.

      • AtomicMetroid

        Iran is the jewish supremacists next target after Syria

  • Tark McCoy

    My investment advice? Lube…lots and lots of lube!

    • AtomicMetroid

      anytime you deal with the jewish supremacists you better get the lube ready.

  • abinico

    Predicting for seven years hardly qualifies as a prediction.

  • laughing fool

    Assume impact position folks… It’s gonna suck baaad =(

  • whydowanttoknow

    IndexCountryChange% ChangeLevelLast Update Australia ASX All OrdinariesAustralia-119.90-2.29%5,104.909:34pm ET Shanghai SE Composite IndexChina-196.04-5.59%3,311.709:39pm ET Hang SengHong Kong-919.93-4.11%21,489.699:39pm ET Mumbai SensexIndia-241.75-0.88%27,366.07Aug 21 Nikkei 225Japan-439.71-2.26%18,996.129:34pm ET Taiwan TSEC 50 IndexTaiwan-214.39-2.75%7,572.539:34pm ET

    With 5 hours and 4 minutes to go….kaboom!

  • ThePatriotMuckraker

    We will have lost of these little crashes, but no “collapse”, no consciousness changing event like the “alterna-tards” “predicted.” A collapse will never happen. They will drag this nonsense out for generations to come, until WW3, or maybe another Civil War.

    • AtomicMetroid

      we need civil war. Many states are ready to secede from the war-mongering federal Israeli reserve. we need our own union that suits OUR interests.

      • Maddog

        War is the answer.

  • whydowanttoknow

    I don’t like censorship, where is my comment?

  • peter

    This had been pre planned all orchestrated . All by design so this is just part of the game.

  • Ken5745

    Looks like the warning from Lindsey Williams is coming true :

    http://www.lindseywilliams.net/

    More on Gold :

    http://www.lindseywilliams.net/buy-every-piece-of-gold-you-can-lay-your-hands-on/

  • Andrew Mango

    Don’t fall for this. It’s just reaping time and that’s all. For as long as there is fiat money the people of the industrialized world can take on greater and greater amounts of debt! It is one hell of a ponzu schemem aka RICO and the central reason why Jesus Christ drove the money changers out of the Temple!

  • AtomicMetroid

    But the jews will be okay

  • AtomicMetroid

    You get it. Time to start issuing arrest warrants for the khazars before they fly out to tel aviv

    • sunshine

      Without Uncle Shem to protect them, they’ll be wiped out by the millions of hostile Arabs surrounding them.

  • Slave 2none

    Well here we are, 1000 point drop at opening bell.
    Get mo pop corn the talking heads are about to spin so hard Carrie’s head will look normal.

    • Maddog

      They are saying its great for gas prices. Last time they stole a trillion dollars to save me.

      • Slave 2none

        yup and we never even got a kiss….lol….

  • Skye Bowen

    Hasn’t even started yet.

  • Stevie Markovich

    gloom n doom predicted. for global economies for decades. all BS. ues were in bad shape, but no depression will happen. all business as usual stocks bounce back supported by fiat miney from fed. yawn.

    • Maddog

      When I went to the store today I ran out of money, so I went home and created some liquidity for my pocket and returned to the store. When I attempted to checkout they got extremely pissed and called the cops. The cops informed me that doubling my money by ripping it in half was illegal and I had to tape it back together. WTF man, get your head out your ass.

      • Stevie Markovich

        low iq using personal rantings. useless as an intelligent debater.

  • Mark

    Two important points:
    (1) The New Covenant ended the legitimacy of the Shemitah.
    (2) Under the Old Law the Shemitah included forgiveness of all debts.

    Research “prozbul.” You’ll never see “Shemitah Boy” Snyder tell the truth about the Shemitah.

    The rabbis make a phony claim that Rabbi Hillel’s prozbul loophole was intended to protect the poor (a line of manure that Wikipedia parrots), but the prozbul transfer of private debts to the public ledger and then, after the Shemitah year, transferring the debt back to the original creditors actually harmed poor debtors. As Jesus charged, this is just one of many examples that the rabbis “voided the commandments of God for the traditions of men” (Mark 7:8-9)

    The prozbul is a phony loophole concocted by the rabbis to allow debts to be collected after the Shemitah year and it was Hillel’s loophole that protected not poor people, but the banksters of his day.

  • http://www.shitsenders.com Я0llyJ0g3r

    No windows 10, no google chrome, no google = smart choices.

  • Badger Badgerism

    HERE
    IT
    COMES

  • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

    Silver isn’t a commodity by the same rules as gold?

  • ron17571

    As usual the news talked about how it was a time to invest and people were talking about buying houses.Good luck with that.
    I will just wait and watch.So far i hear that China’s government is pumping money into the markets. It should be funny to see comments by the folks running for office.