What is going on in the world that so many countries the economy is doing very bad and so many places in the world are in a state of emergency!!!
Most people now expect a global financial crisis this year
51% of British people say a global financial crisis in the next 12 months is likely – up from 40% in August
Economic emergency declared in France
French President Francois Hollande has announced what he called “a state of economic and social emergency” involving a €2 billion plan to revive hiring and catch up with the world’s economy.
The world economic order is collapsing and this time there seems no way out
The refugee crisis is paralleled by the savage fallout from a global financial system running out of control.
18 Numbers That Scream That A Crippling Global Recession Has Arrived
The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here. This is so reminiscent of what happened back in 2008. Back then, all of the fundamentals were screaming “recession” by the middle of that year, but the equity markets didn’t respond until later. It appears that a similar pattern is playing out right now. The trade numbers, the manufacturing numbers, the inventory numbers and even the GDP numbers are all saying that a very significant economic slowdown is happening, but stock traders haven’t gotten the memo yet. In fact, stocks had an absolutely great month in October. Of course just like in 2008, stocks will eventually catch up with reality. It is just a matter of time. The following are 18 numbers that scream that a crippling global recession has arrived…