The Economic Collapse
The financial world is officially going crazy. Can you believe what
is going on out there right now? Financial markets have been jumping up
and down like crazy for months and this is creating a lot of fear.
Other than during the financial crisis of 2008, in the post-World War II
era have we ever experienced as much financial instability as we are
seeing right now? Should we just accept that massive financial
instability is going to be part of “the new normal” in the financial
world?
The wild swings that we are witnessing in the global financial
marketplace are making a whole lot of people very nervous right at the
moment. When markets go up, they tend to do it slowly and steadily.
When markets go down, a lot of times it can happen very rapidly. Also,
as I have mentioned before, more major stock market crashes happen
during the fall than during any other time of the year. The last major
financial crisis happened during the fall of 2008, and things are
starting to look a little bit more like 2008 with each passing day. The
last thing the global economy needs right now is another major
financial meltdown, but that may be exactly what we are about to get.
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