Wednesday, July 9, 2014

18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014

"The following are 18 signs that the global economic crisis is accelerating as we enter the last half of 2014...
#1 The Bank for International Settlements has issued a new reportwhich warns that "dangerous new asset bubbles" are forming which could potentially lead to another major financial crisis.  Do the central bankers know something that we don't, or are they just trying to place the blame on someone else for the giant mess that they have created?
#2 Argentina has missed a $539 million debt payment and is on the verge of its second major debt default in 13 years.
#3 Bulgaria is desperately trying to calm down a massive run on the banks that threatens of spiral out of control.
#4 Last month, household loans in the eurozone declined at the fastest rate ever recorded.  Why are European banks holding on to their money so tightly right now?
#5 The number of unemployed jobseekers in France has just soared to another brand new record high.
#6 Economies all over Europe are either showing no growth or are shrinking.  Just check out what a recent Forbes article had to say about the matter..."

at http://theeconomiccollapseblog.com/archives/18-signs-that-the-global-economic-crisis-is-accelerating-as-we-enter-the-last-half-of-2014

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