22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets

The EU and euro collapse is no joke or conspiracy and once it gets worse it is likely to get major major dangerous.
All you have to do is read these threads of factual numbers of terrible high unemployment.Also the collpase in 2008 the U.S.leaders including Bush and Obama said they avoided the 2nd great depression.EU leaders and economy experts all say the EU and euro will collapse at some point.
Also the real unemployment numbers in the U.S. is like 15% or higher if you count people who gave up.

The world's debt-based economies are working as designed. I just do not happen to like the way they are designed. I'm maintaining a short position in US dollars as my hedge against what I see coming. Yeah, it could backfire, but I would be surprised if there was not some period of massive inflation in our near future.

Short the Euro, anyone?

It will be the PIGS countries, or more precise, Spain, that will plunge the world in to financial chaos. People think it will be Greece, don't worry about Greece, they are being stripped of everything and should they default, sure French banks will be in trouble slightly, but they have had plenty of time to cover themselves which is all this bailout rubbish has been from the start. Bail out Greece, prepare for a default, strip Greece of its assets, let them default. Greece will default, but even when they do, it will affect Europe, definately the Euro countries, but nothing massively major, regardless of what the media would like you to believe.

Spain on the other hand, that is the nuke in the financial world. Italy also, but Italy are treading water at present and through meassures taken are actually not to bad in relation of debt to GDP (comparitively speaking), but Spain is in a complete mess and it is too big to bail out, you would literally need to bankrupt Europe to bail them out.

The problem is with the others, Portugal and Italy, plus Belgium and more than likely France for that matter, its a matter of if they default. Even Ireland are in trouble, but the BOE won't let Ireland go down the pan. Greece is a certainty, its about buying time, but Spain, there is no time, their economy is shrinking by the day! When Spain goes, the entire planet will be hit with a financial collapse unlike anything before! First Europe, then the world and it will be literally overnight!

All I can say is spend your money invest in the essentials, tin food, dried food, water purification tablets, toilet paper, because believe me when this crash happens, its going to hit hard and its the essentials that will keep you going, not your PC, Ipad, even your flashy car and clothes. Spain will default, they can't avoid it, it could be in a year or 5 years, but you want to be prepared when they do, because that is exactly what investors and banks are rushing to do right now. The worrying thing is Spain is sliding faster than they can keep up, which is why investors are legging it! Take note, stock up and be safe.

No one is saying 'lynch the Baby Boomers', but as others here have pointed out, the entire economic system relies on continuous growth. The Baby Boomer generation had continuous growth - and now they are the ones say "ah, so what, continuous growth is impossible, people should stop spending and 'live within their means.'"

Quite clearly, a generation who enjoyed the benefits of continuous growth (ie. the Boomers) are in absolutely no position to demand that subsequent generations, who are consigned to exist inside a system from which they can't benefit, give them respect or provide for them. This is my point. I don't see that it is tough to understand, though I see it is tough for Boomers to swallow.

We are constantly told, here in the UK at least, that we are "all in this together" - I say fine, but in that case ALL generations have to see the world for how it actually is. A generation of older people who, for whatever reason (mainstream media etc) have a "me,me,me" and "I'm entitled to this pension, this healthcare, free bus passes, winter heating allowance, social care etc etc" and consistently slag off younger generations, is doing nothing for their own security that much is clear.

We all love our parents and grandparents, and there are many exceptions within the Boomer generation (as there is any broad grouping of any peoples), but on the whole those who enjoyed the benefits of a fraudulent system of unsustainable continuous economic growth and reckless exploitation cannot now expect to carry on with the same expectations - how can younger generations respect them (as a whole, not as individuals - as is the case in any such broad issue)?

I'll say it again. Their system, the one they set up, knowingly or otherwise, the one they enjoyed the fruits of, has left the future looking extremely bleak. They have raped our Earth and set us up for civil war, disorder and collapse. How can we see it any other way?

reply to post by surrealist


Government-run banks

And community-run beheadings.

Why hate socialism, when we've already decided it's more fair for us to all share an equal amount of death, rather than kill the central reserve banking system?

That wouldn't be very fair for those guys who have more money than our entire country does if you disclude them, right?

No one is saying 'lynch the Baby Boomers', but as others here have pointed out, the entire economic system relies on continuous growth. The Baby Boomer generation had continuous growth - and now they are the ones say "ah, so what, continuous growth is impossible, people should stop spending and 'live within their means.'" Quite clearly, a generation who enjoyed the benefits of continuous growth (ie. the Boomers) are in absolutely no position to demand that subsequent generations, who are consigned to exist inside a system from which they can't benefit, give them respect or provide for them. This is my point. I don't see that it is tough to understand, though I see it is tough for Boomers to swallow. We are constantly told, here in the UK at least, that we are "all in this together" - I say fine, but in that case ALL generations have to see the world for how it actually is. A generation of older people who, for whatever reason (mainstream media etc) have a "me,me,me" and "I'm entitled to this pension, this healthcare, free bus passes, winter heating allowance, social care etc etc" and consistently slag off younger generations, is doing nothing for their own security that much is clear. We all love our parents and grandparents, and there are many exceptions within the Boomer generation (as there is any broad grouping of any peoples), but on the whole those who enjoyed the benefits of a fraudulent system of unsustainable continuous economic growth and reckless exploitation cannot now expect to carry on with the same expectations - how can younger generations respect them (as a whole, not as individuals - as is the case in any such broad issue)? I'll say it again. Their system, the one they set up, knowingly or otherwise, the one they enjoyed the fruits of, has left the future looking extremely bleak. They have raped our Earth and set us up for civil war, disorder and collapse. How can we see it any other way?

How can we see it any other way?
Are you retarded?

Oh, I'm sorry, ARE you retarded?

You ARE saying lynch old people, that's exactly what you're saying.

Right, so the people that lived by a system which worked perfectly for them, in which they supported their own parents, and raised YOU or YOUR parents... They're to blame? They were the ones running the banking system and distributing bad loans knowingly to their own kids? All those middle and lower class old people who barely get enough to survive. Gee, we'll all be bazillionaires if we just stop paying them.

Oh wait, no we won't. In fact, we'll barely be any better off at all.

The wealth distribution in America to senior citizens in America... Well...

Top 1% own 38.1%
Top 96-99% own 21.3%
Top 90-95% own 11.5%
And it gets much uglier as you proceed downward. Bottom 40% of population has 0.2% of all wealth.

The founders equated freedom to liberty which in their language meant you "owned" property (you were not in debt). The amount of property you owned had a proportional relationship to the amount of liberty you experienced.

Our system of freedom is skewed and is becoming very dangerous (approx. 100 million US citizens experience ZERO freedom). You can only cage humans for so long and then something has to give. When liberty is skewed into the hands of a very small number of the population, then our ability to "self-govern" becomes a complete and utter illusion.

I believe in free markets, but this distribution of wealth is not a normal distribution in any way (meaning it is not subject to natural forces- i.e. statistics 101). It can only exist within an un-natural (non-free) system, where the relative nature of freedom is constrained.

Most old people are in the bottom 40%.. That said.. 0.2% extra money in our pockets.. Is that going to save us? Because if we split it evenly, that's what you're going to get.

Answer - No. It isn't going to save you. It's probably not even going to help you to have .2% more money.

There's nothing wrong with rich people...

But there's is something disgusting wrong about disgustingly overly-rich people who won't let their money trickle down.

THAT is what's happening in America, and the entire rest of the world, and THAT is the indisputable fact... Because we need MONEY for our families, and the 40$ a week grandma survives on a week after the feds took away the veteran money she deserved because grandpa died 40 years early isn't gonna save you.


You're obviously someone who believes the "trickle down" effect works. Well look at those numbers.

The 70% of the assests the 5% own isn't bobbing up and down when you get your paycheck - it stays right there.

I can't believe I have to explain this, do some research before you get angry and start spewing complete ignorance from your mouth. And don't get angry with ME for pointing this out to you.. because that's all I'm doing. POINTING THIS OUT TO YOU.

reply to post by surrealist


The economy is in dire straits? Dogs and Cats living together, Mass Hysteria! Oh Boy.

When I started working in Information Technology in 1969 I went from a Computer Operator to a Shift Supervisor to Manager of Computer Operations. In that role I had Computer Operations, Database Management, Information Security, Network Management, Report Distribution, Technical Services, Applications Development and the Data Entry groups working for me. Over the years I became a Director and had mangers in these groups reporting to me. I eventually gave up the management of these groups and became an IT Architect. The managers of each of these groups became directors.

In looking back I realized that at each promotion I had more accountability, less responsibility and a larger paycheck. I worked for several different companies, but when you look at the accomplishments I have to admit that the companies could have achieved more at lower cost by using the people more efficiently. Whose fault is this? I would have to say managements fault. I worked for an Oil Company once and it was moving its datacenter and corporate headquarters from one city to another about 30 miles apart. The IT workers began leaving in droves. A VP of the company came into my office and asked, “What the hell is wrong with these ungrateful technical nerds!” , “How can they leave after all that we have done for them.” I explained that their reaction was normal and to be expected. Over the years there had never been an incentive to include the IT department in company functions. There was no retirement plan for IT workers, no Oil Company management training program. Noting! IT workers were looked at like a commodity and it should be no surprise they acted like a commodity. As a result of their loss of IT workers that move of the corporate headquarters had to be postponed.

Another example is Grocery Checkers. Did you know that many people wait in a line just so they can have a few moments to converse with their favorite Grocer Checker? Oh yea, check it out. Each person in line is buying $100’s if not several $100’s in groceries. If you live in a metropolitan area you find a Grocery Store on every street corner practically. The difference between staying in business and going out of business is the Grocery Checker. You guessed it. Who gets treated like crap by management? Who gets treated like a commodity? Try standing in one spot for eight hours and keeping a smile on your face and having your boss complain that you are too slow or made the welfare recipient feel embarrassed when you took too long to process their welfare forms.

Another example still is the auto industry. How many Japanese cars are in the parking lot at GM? Why do you suppose that its.

I apologize for the long drawn out story. I am trying to explain what happened to America, Europe and will happen with the BRIC’s nations. Capitalism drives the cost of production down while at the same time increasing production. Management is all about increasing production and reducing costs. When product life cycles expire or employees have no incentive to buy American, or Greek, or Italian, or Spanish, or Portuguese or Dutch or Japanese then bubbles burst and the # hits the fan. Most of the Baby Boomers felt like they were treated like a corporate piece of equipment. Their desire for corporate loyalty was slowly beaten out of them. Their kids and grandkids are treated the same way. If you don’t believe me look at McDonalds.

The way to fix the economy is to start treating the lowest people in the corporation like intelligent human beings. Don’t pay the President or Vice President of the company any more that than the Grocery Checker or Computer Operator. Stop screwing the people at the bottom and start figuring out how you can make them feel like they are important owners, operators and customers of the companies and America will be straightened out in nothing flat. Keep doing what you are doing and expect different results will only prove you are crazy.

Nothing will change until the monetary system is completely revamped. Prices have no choice but to go up. To provide the same services this year as you have last year it automatically costs more. To the point now where it's putting the squeeze on everyone. Most governments can't provide their essential services and other required programs because the dollars used to do it aren't worth diddly squat.

There is no way out of it imo. Collapse is inevitable, just a matter of when. Everybody has an enormous debt with deficit spending, there is no way out, everyone is a loser, imagine that, no winners, just losers, everywhere.

You cannot control costs until you address the monetary system that has completely destroyed our purchasing power, the crisis is everywhere, only banks are ahead, every government is in the hole enormously. Unfreaking real.

Now, France has elected a Socialist President. He promises a tax of up to 75% on the very rich, stricter enforcement of and new banking and business regulations.He wants economic stimulus, and someone asked where France could possibly get the money on an austerity budget. You get money from those that got it. As for the complaints. I grew up in the Fifties and knew wealthy individuals. I learned a definition of real wealth. Being a Millionaire only counts, if you can go to the bank and withdraw a million dollars cash from your account.
During those days of Eisenhower, the tax rate for the top earners was about 50%. No problem getting people willing to work at being the next millionaire.
What got us here was believing numbers on paper, Paper wealth, was the same as having cash in hand.