{"id":10451,"date":"2015-07-28T06:43:17","date_gmt":"2015-07-28T11:43:17","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10451"},"modified":"2015-07-28T06:43:17","modified_gmt":"2015-07-28T11:43:17","slug":"now-is-the-time-fear-rises-as-financial-markets-all-over-the-planet-start-to-crash","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10451","title":{"rendered":"Now Is The Time \u2013 Fear Rises As Financial Markets All Over The Planet Start To Crash"},"content":{"rendered":"<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/now-is-the-time-fear-rises-as-financial-markets-all-over-the-planet-start-to-crash\" target=\"_blank\">Now Is The Time \u2013 Fear Rises As Financial Markets All Over The Planet Start To Crash<\/a><\/h3>\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/now-is-the-time-fear-rises-as-financial-markets-all-over-the-planet-start-to-crash\/fear-public-domain\" rel=\"attachment wp-att-9034\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-9034\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2015\/07\/Fear-Public-Domain-460x345.jpg\" alt=\"Fear - Public Domain\" width=\"460\" height=\"345\" \/><\/a>Can you feel the panic in the air?\u00a0 CNN Money\u2019s\u00a0<a title=\"Fear &amp;amp; Greed Index\" href=\"http:\/\/money.cnn.com\/2015\/07\/27\/investing\/stocks-markets-fear-and-greed-index\/index.html?iid=hp-stack-dom\" target=\"_blank\">Fear &amp; Greed Index<\/a>\u00a0measures the amount of fear in the financial world on a scale from 0 to 100.\u00a0 The closer it is to zero, the higher the level of fear.\u00a0 Last Monday, the index was sitting at a reading of 36.\u00a0 As I write this article, it has fallen to 7.\u00a0 The financial turmoil<a title=\"which began last week\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/the-stock-market-will-start-to-fall-in-july-the-dow-plummeted-more-than-500-points-last-week\">which began last week<\/a>\u00a0is threatening to turn into an avalanche. On Sunday night, we witnessed the second largest one day stock market collapse in China ever, and this pushed stocks all over the planet into the red.\u00a0 Meanwhile, the twin blades of an emerging market currency crisis and\u00a0<a title=\"a commodity price crash\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/commodities-collapsed-just-before-the-last-stock-market-crash-so-guess-what-is-happening-right-now\">a commodity price crash<\/a>\u00a0are chewing up economies that are dependent on the export of natural resources all over the globe.\u00a0 For a long time, I have been warning about what would happen in the second half of 2015, and now it is here.\u00a0 The following is a summary of the financial carnage that we have seen over the past 24 hours\u2026<\/p>\n<p>-On Sunday night, the Shanghai Composite Index plunged\u00a0<a title=\"8.5 percent\" href=\"http:\/\/money.cnn.com\/2015\/07\/27\/investing\/china-stocks-shanghai\/index.html?iid=hp-toplead-dom\" target=\"_blank\">8.5 percent<\/a>.\u00a0 It was the largest one day stock market crash in China since 2007, and it was the second largest in history.\u00a0 The Chinese government is promising to directly intervene in order to prevent Chinese stocks from going down even more.<\/p>\n<p>-Over 1,500 stocks in China fell by their 10 percent daily maximum.\u00a0 This list includes giants such as China Unicom, Bank of Communications and PetroChina.<\/p>\n<p>-Ever since peaking in June, the Shanghai Composite Index has dropped by a total of 28 percent.<\/p>\n<p>-Even Chinese stocks that are listed on U.S. stock exchanges are being absolutely hammered.\u00a0 The following comes from\u00a0<a title=\"USA Today\" href=\"http:\/\/www.usatoday.com\/story\/money\/markets\/2015\/07\/27\/chinese-stocks-us-wealth\/30738321\/\" target=\"_blank\">USA Today<\/a>\u2026<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now Is The Time \u2013 Fear Rises As Financial Markets All Over The Planet Start To Crash Can you feel the panic in the air?\u00a0 CNN Money\u2019s\u00a0Fear &amp; Greed Index\u00a0measures the amount of fear in the financial world on a scale from 0 to 100.\u00a0 The closer it is to zero, the higher the level [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1989,7580,951,1976,6069,238,245,7581,302,6061,7582,6533,1910,506,4901,6536,1138,3783,753],"class_list":["post-10451","post","type-post","status-publish","format-standard","hentry","category-economics","tag-1989","tag-commodity-price-crash","tag-currency","tag-currency-crisis","tag-economic-collapse-blog","tag-economic-crash","tag-economies","tag-emerging-market-currency-crisis","tag-fear","tag-financial","tag-financial-carnage","tag-financial-turmoil","tag-financial-world","tag-markets","tag-michael-snyder","tag-second-half-of-2015","tag-stock-market","tag-stock-market-collapse","tag-stocks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10451"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10451\/revisions"}],"predecessor-version":[{"id":10452,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10451\/revisions\/10452"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}