Worthy Christian News » World News » Doomsday clock for global market crash strikes one minute to midnight as central banks lose control


Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

Monday, August 17, 2015 | Tag Cloud Tags:

(Worthy News) - When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

The FTSE 100 has now erased its gains for the year, but there are signs things could get a whole lot worse.  [ Read More ]

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Worthy Christian News » World News » Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

4 thoughts on “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

  1. What article? I'd love to read it. "Get ready ... this article details how this economy is built on a house of cards

    What article? You list like 5 related articles but where is the article we're
    supposed to find? "Doomsday clock..." has one sentence in it's "article" so where is the info?

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Worthy Christian News » World News » Doomsday clock for global market crash strikes one minute to midnight as central banks lose control