Total Collapse Is Close
Protect your wealth now. The spill-over into the banking sector is inevitable. We reportedly came within a few hours of a global banking collapse in 2008. This is worse. Much worse. Stock markets around the planet are approaching the very long term bull market support lines. One will go soon, followed by another, then another. The banks will blow up, taking the entire modern monetary system with it.
Someone please explain to me how we can shut down the whole of Europe for months and not witness total collapse. Please, because I really want to hear it.
http://om/world/2020/mar/14/coronavirus-northern-ireland-schools-will-close-for-at-least-16-weeks
The guardian is not a ‘fear-mongering’ publication, and this echoes what I’m hearing through other ‘professional’ sources.
I just came off the phone to a large bullion dealer. She said ‘we have never seen anything like it, it’s crazy‘.
Sit up. Wake up. Take notice. Act.
Edit: The Spanish stock market is staring into the abyss – support has failed. This will be repeated across the whole of Europe. How do you think this might affect the banks ? What about the US stock market ? Is that somehow, miraculously going to see stock valuations avoid further collapse below all remaining support levels ?
No…years away…perhaps not in our life time…
Thanks Atomic. Can you please explain how we don’t have a banking crisis here ?
A crisis should NEVER GO TO WASTE… the Banks Never Lose…
The people do…
“It’s the end of the world as we know it.”
“Oh it’s definitely, the end of the world as we know it.”
“But I feel fine….”.
The FED/ECB/CB’s have no intention of allowing the System to Collapse…JUST BUSINESS AS USUAL Debt Spiral Roll it over and move on Nothing to see here…
Cool – but please explain how the central banks can bail out every business that has zero income for months. If they can’t the bank loans turn sour on an epic scale. The FTSE250 is limit down at -10% (again).
The Fed will…Debt Pyramid…
It the fed does not take over debt load of US companies that never has been so high, then markets can only go DOWN. That’s why we need different measures than the tools that worked in 2008
Take over DEBT…NO…extend CREDIT YES…lots of credit…the LENDER OF LAST RESORT…
Japan did that. The stock market is still lower now than it was in 1987. How can you bail out the entire European continent, when it’s a well-known fact that the economy of Italy alone is impossible to bail out ? Riddle me that.
Were in a Deflationary Debt Cycle that’s why the FED lowered to “0” extend credit…the weak fail (people lose) stronger consolidate and win…life goes on
What you just said there Atomic is a generalised statement that means nothing. Anyone can come out with stuff like that. I’m asking for someone to explain to me how (very nearly) all business in Europe being shut down for months can fail to result in total, mass redundancy, collapse and a banking crisis.
That’s all I got…either you get it or you dont…sorry…the end of the world ONLY HAPPENS ONCE…
Not the end of the world Atomic. A banking crisis and depression.
1929…?
My question is….protect your wealth How ?
cash out of the bank ?
That would be a good start.
No stay liquid… trade with Rambus and play defensively…
The whole system is collapsing . Agree with NS
Mass Liquidation to incomprehensible levels
Unless the CBs BUY Stocks in the $Trillions !
Stocks have inherent value…PE’s cash flow…bonds at “0” look vulnerable…
Perhaps I should be clearer Atomic. I’m not saying it’s the end of the world. What I am saying though, is that this is not something that will pass in the normal way. I’m saying it makes 2008 look like a ‘blip’. I’m saying it presents an immediate threat to the entire global financial system.
I disagree…the Banks are Solvent and well Capitalized…there going to run REFI’s and INFLATE THE WORLD ECONOMY $$$…
PEs are still outrageous. Cut them all in half and let’s have another look.
Exactly…let’s get back to FUNDAMENTALS…