The Oil Crash Of 2016 Has The Big Banks Running Scared
By Michael Snyder Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global…
By Michael Snyder Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global…
By Michael Snyder It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to…
By Michael Snyder Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June? The worldwide financial…
By Michael Snyder For the first time ever, the Baltic Dry Index has fallen under 400. As I write this article, it is sitting at…
By Michael Snyder The Royal Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell…
By Michael Snyder Never before have we seen a year start like this. On Monday, Chinese stocks crashed once again. The Shanghai Composite Index plummeted…
By Michael Snyder We have never had a year start the way that 2016 has started. In the U.S., the Dow Jones Industrial Average and…
By Michael Snyder Did you see what just happened in China? For the second time in four days, a massive stock market crash has caused…
By Michael Snyder The first trading day of 2016 was full of chaos and panic. It started in Asia where the Nikkei was down 582…
By Michael Snyder A lot of people were expecting some really big things to happen in 2015, and most of them did not happen. But…
By Michael Snyder It’s official – 2015 was a horrible year for stocks. On the last day of the year, the Dow Jones Industrial Average…
By Michael Snyder If you have a bank account anywhere in Europe, you need to read this article. On January 1st, 2016, a new bail-in…
By Michael Snyder Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of…
By Michael Snyder The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the…