Coronavirus Spreading in Europe -- Italy on Lockdown

Coronavirus Spreading in Europe -- Italy on Lockdown
#coronavirusoutbreak #Covid_19 Coronavirus Spreading in Europe -- Italy on Lockdown As Coronavirus Cases Soar In Italy, Experts Warn Of A Global Pandemic TODAY

The Housing Market is CRASHING in 2020

The Housing Market is CRASHING in 2020










The Housing Market is CRASHING. The warning signs are everywhere. Foreclosures are ticking up, bankruptcies slowly increasing, subprime auto about to go critical, add in credit card debt, government overspending causing property taxes to rise, and banksters going nuts. Then you have the formula for nice, sweet 30% correction at a minimum in prices in the hot markets; in some cases 50%. Nationwide, housing peaked in late 2017. Prices have been falling ever since . The bubble has popped, folks... Harry Dent is back predicting property prices will "fall 50%". Harry is absolutely right. Double bubble real estate is one of the top ten biggest ripoffs in the world today. Stay away from bubble real estate at all costs. All a house is is some drywall and two by fours, and a lot of headaches. What a laugh. But warning the real estate players they are in a bubble is like telling smokers that smoking causes lung cancer (90% of lung cancer deaths are in smokers)."Smoking will kill you" is printed right on every pack. And yet they don't listen. The smokers just keep right on smoking because they are so very addicted to it--they like that nicotine buzz--just like the RE players are addicted to that easy free money for doing nothing. Greed has blinded participants in this (and most other) markets for about the last five years. With the reduction in capital expenditures, refrigerator boxes are in high demand. Prices fell 40%+ during the last minor correction, and the Fed couldn't prevent it.

World Economy Collapsing , Stock Market Crashing Because of The Coronavirus Outbreak

World Economy Collapsing , Stock Market Crashing Because of The Coronavirus Outbreak





For more than a decade, the global economy has steadily grown quarter after quarter, but it looks like that streak is about to come to a very abrupt ending. The coronavirus outbreak in China has brought the Chinese economy to a virtual standstill, and as a result critical supply chains are in a state of chaos all over the world. And since it doesn’t look like the Chinese economy will be able to return to normal for an extended period of time, it appears that a worldwide economic slowdown is imminent. I warned about this the other day, but now we have even a clearer picture of what is happening. According to Capital Economics in London, this coronavirus outbreak will cause the global economy to shrink this quarter, and that will be the very first time this has happened since 2009… The economic casualties from China’s coronavirus epidemic are mounting as Asian and European auto plants run short of parts, free-spending Chinese tourists stay home and American companies brace for unpredictable turbulence. That’s just the start of a financial hangover that is expected to linger for months even if the flulike illness is soon brought under control, economists and supply chain experts say. The Chinese epidemic’s aftereffects will likely cause the global economy to shrink this quarter for the first time since the depths of the 2009 financial crisis, according to Capital Economics in London. And if the global economy shrinks for two quarters in a row, that will officially meet the definition of a “global recession”. So here we are on the verge of the worst economic downturn in more than a decade, and even if this outbreak miraculously ended tomorrow it would still take quite an extended period of time for global supply chains to return to normal. In particular, the auto industry has been hit extremely hard…

Global Debt Bubble Getting Worse -- Economic Collapse - Stock Market Crash

Global Debt Bubble Getting Worse -- Economic Collapse - Stock Market Crash







Bank of America short while ago calculated that since the collapse of Lehman, government debt has intensified by $30Trillion, corporates debt by $25 Trillion, household by $9 Trillion, and financial debt by $2 Trillion. And with central banks awaited to support government debt, Bank of America warns that the biggest recession risk is disorderly rise in credit spreads and corporate deleveraging. From its side the IMF is warning that the world debt rises to 226% of GDP. Low rates fuel the risks. Expansive monetary policies have saved growth but push investors towards riskier and less liquid assets. Debt growth continues inexorably, especially in emerging countries. World debt reached 226.5% of GDP in 2018 and continues its inexorable growth, at a breath of 188 trillion dollars, according to preliminary estimates released on Wednesday 16 October by the IMF, during the press conference for the presentation of the Fiscal Monitor. The IMF then warns against the side effects of ultra-low rates: the difficult hunt for yields pushes investors, including insurance and pension funds, towards riskier and less liquid assets. Even for the non-financial sector, then, supervisory tools such as those introduced for banks are needed, the Fund warns in the Global Financial Stability Report, also released . Eight thousand billion dollars. Put like this they seem unreal numbers. From comics. But they are real numbers. According to the latest research by the Institute of International Finance (IIF), public and private debt globally in the first quarter of 2019 alone increased by this figure: by 8 thousand billion dollars. This is the largest quarterly increase since the first quarter of 2016, which brings global debt to the figure of 247 thousand billion dollars. A mountain equal to 318% of the GDP of the whole world. These numbers are the effect of a decade of ultra-expansionary monetary policies, which have increased global liquidity and brought interest rates to zero (or even below zero) in many parts of the world. This has favored everyone's use of debt: businesses, states and families.

Global Crop Failures locusts In Africa , Worst Crops in Australia -- Economic Collapse 2020

Global Crop Failures locusts In Africa , Worst Crops in Australia -- Economic Collapse 2020




Global food production is being hit from seemingly every side. Thanks to absolutely crazy weather patterns, giant locust armies in Africa and the Middle East, and an unprecedented outbreak of African Swine Fever in China, a lot less food is being produced around the world than originally anticipated. Even during the best of years we really struggle to feed everyone on the planet, and so a lot of people are wondering what is going to happen as global food supplies become tighter and tighter. The mainstream media in the United States is so obsessed with politics right now that they haven’t been paying much attention to this emerging crisis, but the truth is that this growing nightmare is only going to intensify in the months ahead. In Australia, conditions have been extremely hot and extremely dry, and that helped to fuel the horrific wildfires that we recently witnessed. And everyone knew that agricultural production in Australia was going to be disappointing this year, but it turns out that it is actually going to be the worst ever recorded…