Global Economic Crash Late July

O

orbital 123

Veteran XX
The shit is going to hit the fan this year.

RBS issues global stock and credit crash alert - Telegraph

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.

A report by the bank's research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as "all the chickens come home to roost" from the excesses of the global boom, with contagion spreading across Europe and emerging markets.

Such a slide on world bourses would amount to one of the worst bear markets over the last century.
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"The Fed is in panic mode. The massive credibility chasms down which the Fed and maybe even the ECB will plummet when they fail to hike rates in the face of higher inflation will combine to give us a big sell-off in risky assets," he said.
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there are many ways to profit from this orbital

if you cared for your fellow man you'd do just that and donate the money to someone who is going to be hurt by the economic crash
 
I wouldn't worry about it because the central banks are willing to do billion dollar bail outs in order to avoid free market economics.
 
no, due to hyperinflation the cost of a barrel of oil will be approximately 790 billion US dollars :( (Equivalent to 22 June 2008 US dollars)
 
I thought you said the economic crash was going to happen in September, and thats when they'll announce their UFO War?
 
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