The Dow has plunged 530 points

CNN Money reports:

The Dow plummeted 531 points, concluding its worst week since 2011. Around the world, major indexes also fell for the week and most are negative for the month.

Three big factors are driving this week’s worries:

  1. Concerns are growing that China’s economy is slowing down faster than its government has said.
  2. Investors had been preparing for the U.S. Federal Reserve to raise its benchmark interest rate in September. However, the central bank has been sending mixed signals. That’s dredging out the market’s worst enemy: uncertainty.
  3. Oil prices dropped below the key $40 level for the first time since 2009.

Read more here:

“The writing is on the wall”

The Centre for Research on Globalization Reports:

It was said after the last financial crash that “no one could’ve seen it coming”. This was not so back then and is not so today.

If you were looking for the truth in 2007, the average investor had ample warning from many sources of what was to come.

The warnings are now much louder and coming from mainstream and even “official sources”.

After the biggest financial and social crash in history occurs, “they” will say you were warned! Who are “they” and how exactly were we warned?

In the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) – have been issuing warning after warning.

Click here to read more:

The “Doomsday clock” for global economy strikes one minute to midnight

The Telegraph Reports

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. There are signs that things could get a whole lot worse.