Based on the forecast of Gerald Celente, a stock market crash will happen by the end of this calendar year. Others also share his opinion that a financial crash is about to happen.
According to David Stockman, that collapse of central banks will lead to a worldwide recession.
A number of warnings, which indicate that something will most certainly happen, were present in the last six months.
It seems that signs from 2008 are repeating today. One of those signs is a slowdown in global trade.
According to some reports, China’s exports have fallen by 8.3% and imports have declined by 8.1%.
Evidence is present that another financial crisis is already happening.
Everything will be revealed in the following days, weeks and months. It has to be noted that the biggest gains happened in the US in the middle of the 2008 financial crisis. So this has to be considered a possible one-time occurrence.
Even though people believe that this crisis will be over by the end of 2015, all signs point that it will continue in 2016 and even more.
People should be prepared for an upcoming crisis, which is going to last for years.