Posts
5
Charts Showing That The Next Economic Crash Is Dead Ahead
When
an economic crisis is coming, there are usually certain indicators
that appear in advance. For example, commodity prices usually start
to plunge before a recession begins. And as you can see from the
Bloomberg Commodity Index which you can find right here, this has
already been happening. In addition, I have previously written about
how the U.S. dollar went on a great run just before the financial
collapse of 2008. This is something that has also been happening
over the past few months. 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 “guesswork”. But that is not
the case at all. We can look back over history and see patterns that
keep repeating. And a lot of the exact same patterns that happened
just before previous stock market crashes are happening again right
now.
For
example, let’s talk about the price of oil. 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. One was just before the
financial crisis in 2008, and the other has just happened
