{"id":9806,"date":"2015-07-08T06:26:43","date_gmt":"2015-07-08T11:26:43","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9806"},"modified":"2015-07-08T06:26:43","modified_gmt":"2015-07-08T11:26:43","slug":"european-stocks-chinese-stocks-and-commodities-are-all-crashing-are-u-s-stocks-next","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9806","title":{"rendered":"European Stocks, Chinese Stocks And Commodities Are All Crashing \u2013 Are U.S. Stocks Next?"},"content":{"rendered":"

European Stocks, Chinese Stocks And Commodities Are All Crashing \u2013 Are U.S. Stocks Next?<\/a><\/h3>\n

\"European<\/a>A global stock market crash has begun.\u00a0 European stocks are crashing, Chinese stocksare crashing<\/a>, and commodities\u00a0are crashing<\/a>.\u00a0 And guess what?\u00a0\u00a0All<\/strong>\u00a0of those things happened\u00a0before<\/strong>\u00a0U.S. stocks crashed in the fall of 2008 too.\u00a0 In so many ways, it seems like we are watching a replay of the financial crisis of 2008, but this time around the world is in far worse shape financially.\u00a0 Global debt levels are at\u00a0an all-time high<\/a>, the\u00a075 trillion dollar global shadow banking system<\/a>\u00a0could implode at any time, and there are\u00a0hundreds of trillions of dollars<\/a>\u00a0in derivatives that threaten to wipe out major banks all over the planet.\u00a0 The last major worldwide financial crash was almost seven years ago, and very little has been done since that time to prepare for the next one.\u00a0 If global markets do not calm down, we could see carnage in the months ahead that is absolutely unprecedented.<\/p>\n

For months, European authorities have been promising us that a \u201cGrexit\u201d is already \u201cpriced in\u201d to the markets and that any \u201ccontagion\u201d from the Greek crisis will be \u201ccontained\u201d.\u00a0 Of course everyone knew that was just a smokescreen.\u00a0 Just in the past couple of days since the Greek \u201cno\u201d vote, European stocks have already been crashing.\u00a0 The following comes from\u00a0Zero Hedge<\/a>\u2026<\/p>\n

Does this look contained to you?<\/p>\n

Portugal, Spain, and Italy all collapsing\u2026<\/p>\n

\"European<\/a><\/p><\/blockquote>\n

As I mentioned at the top of this article, European stocks started crashing well before U.S. stocks started crashing during the last financial crisis.\u00a0 If you doubt this, just look at\u00a0this chart<\/a>, and\u00a0this chart<\/a>\u00a0and\u00a0this chart<\/a>.<\/p>\n

Will the same thing happen again this time?<\/p>\n

And just like I have warned\u00a0repeatedly<\/a>, European bond yields have started to soar.\u00a0 When bond yields go up, bond prices go down, so many bond investors are losing a tremendous amount of money right now.\u00a0 Here is more from\u00a0Zero Hedge<\/a>\u2026<\/p>\n

 <\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

European Stocks, Chinese Stocks And Commodities Are All Crashing \u2013 Are U.S. Stocks Next? A global stock market crash has begun.\u00a0 European stocks are crashing, Chinese stocksare crashing, and commodities\u00a0are crashing.\u00a0 And guess what?\u00a0\u00a0All\u00a0of those things happened\u00a0before\u00a0U.S. stocks crashed in the fall of 2008 too.\u00a0 In so many ways, it seems like we are watching […]<\/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":[6530,7067,6588,312,7068,7069,368,7070,7071,6878,2731,753,7072,6943,6540],"class_list":["post-9806","post","type-post","status-publish","format-standard","hentry","category-economics","tag-chinese-stocks","tag-european-stocks","tag-financial-crash","tag-financial-crisis","tag-financially","tag-global-debt-levels","tag-global-markets","tag-global-stock-market-crash","tag-prepare","tag-shadow-banking-system","tag-stock-market-crash","tag-stocks","tag-stocks-crashed","tag-stocks-crashing","tag-u-s-stocks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9806","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=9806"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9806\/revisions"}],"predecessor-version":[{"id":9807,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9806\/revisions\/9807"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}