{"id":6995,"date":"2015-03-31T06:57:29","date_gmt":"2015-03-31T11:57:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6995"},"modified":"2015-03-31T06:57:29","modified_gmt":"2015-03-31T11:57:29","slug":"5-charts-which-show-that-the-next-economic-crash-is-dead-ahead","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6995","title":{"rendered":"5 Charts Which Show That The Next Economic Crash Is Dead Ahead"},"content":{"rendered":"<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/5-charts-that-show-that-the-next-economic-crash-is-dead-ahead\" target=\"_blank\">5 Charts Which Show That The Next Economic Crash Is Dead Ahead<\/a><\/h3>\n<p>When an economic crisis is coming, there are usually certain indicators that appear in advance.\u00a0 For example, commodity prices usually start to plunge before a recession begins.\u00a0 And as you can see from the Bloomberg Commodity Index<a title=\"which you can find right here\" href=\"http:\/\/www.bloomberg.com\/quote\/BCOM:IND\/chart\" target=\"_blank\">which you can find right here<\/a>, this has already been happening.\u00a0 In addition, I have\u00a0<a title=\"previously written\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/last-great-run-u-s-dollar-death-euro-74-trillion-currency-derivatives-risk\">previously written<\/a>\u00a0about how the U.S. dollar went on a great run just before the financial collapse of 2008.\u00a0 This is something that has also been happening over the past few months.\u00a0 Some people would have you believe that nobody can anticipate the next great economic downturn and that to try to do so is just an exercise in \u201cguesswork\u201d.\u00a0 But that is not the case at all.\u00a0 We can look back over history and see patterns that keep repeating.\u00a0 And a lot of the exact same patterns that happened just before previous stock market crashes are happening again right now.<\/p>\n<p>For example, let\u2019s talk about the price of oil.\u00a0 There are only two times in history when the price of oil has fallen by more than 50 dollars in a six month time period.\u00a0 One was just before the financial crisis in 2008, and the other has just happened\u2026<\/p>\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/5-charts-that-show-that-the-next-economic-crash-is-dead-ahead\/price-of-oil-2015-2\" rel=\"attachment wp-att-8525\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-8525\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2015\/03\/Price-Of-Oil-2015-425x282.png\" alt=\"Price Of Oil 2015\" width=\"425\" height=\"282\" \/><\/a><\/p>\n<p>As a result of crashing oil prices, we are witnessing oil rigs shut down in the United States at a blistering pace.\u00a0 In fact, almost half of all oil rigs in the U.S.\u00a0<strong>have already shut down<\/strong>.\u00a0 The following commentary and chart come from\u00a0<a title=\"Wolf Richter\" href=\"http:\/\/wolfstreet.com\/2015\/03\/22\/the-us-oil-bust-gets-even-worse\/\" target=\"_blank\">Wolf Richter<\/a>\u2026<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>5 Charts Which Show That The Next Economic Crash Is Dead Ahead When an economic crisis is coming, there are usually certain indicators that appear in advance.\u00a0 For example, commodity prices usually start to plunge before a recession begins.\u00a0 And as you can see from the Bloomberg Commodity Indexwhich you can find right here, this [&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":[4540,150,236,1775,1264,3450],"class_list":["post-6995","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bloomberg-commodity-index","tag-collapse","tag-economic-collapse","tag-oil-price-collapse","tag-recession","tag-us-oil-rig-count"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6995","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=6995"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6995\/revisions"}],"predecessor-version":[{"id":6996,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6995\/revisions\/6996"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}