Alert Experts Warn Of A Sudden Economic Collapse: Be Ready

The United States is going through a very big health crisis and the whole economy has been severely hit. The outlook of the US economy does not look impressive and now economists are predicting that the US economy might plunge into an economic crisis. We have had a historic economic expansion for the last 10 years and this has come to an end because of the current global economic meltdown and panic. The hit on the American economy has been so big and now this is being reflected in the real GDP, employment, consumer consumption and in the industrial production. It is projected that the united states GDP will falter in the first quarter of the year and probably throughout the year. Firms like the Deutsche Bank, JPMorgan, Goldman Sachs and the Bank of America all expecting the US economy to have the worst year in many decades. If the health crisis continues, we will end up in an economic crisis that will be bigger than what we had in 2008. Right now many companies are suspending their operations and this is being reflected in the labor market where the jobless claims are skyrocketing every day.

Read MoreAlert Experts Warn Of A Sudden Economic Collapse: Be Ready

The Worst Economic Collapse In History! Companies All Over America Laying Off Millions Of Workers

For the last two months, we have been going through a global health problem and an economic crisis at the same time. many people alive today have never seen anything like this because right now many economies are coming to an halt and what is materializing in our eyes will be bigger than the great depression. This will end up being the most severe economic collapse in the history of the world. The stock market is already crashing at a pace that has not been seen in recent years. This has been so severe to a point where trading had to be halted several times in the last two weeks. The real estate industry is also at the verge of collapsing and this time it the crash will be bigger than what we had back in the 2008 financial meltdown. At the same time millions of Americans are losing their jobs and when all this is factored into the current economic turmoil, we have a perfect economic bomb that is about to blow up in our faces. This is just the beginning of another great depression!

Read MoreThe Worst Economic Collapse In History! Companies All Over America Laying Off Millions Of Workers

Stock Market Crash Has Begun! We Have Never Seen This Since The Great Depression !!

 

The US economy has been slowing down and economists are predicting that a major economic collapse is coming. In a recent interview, Guggenheim’s Global CIO Scott Minerd said that the cognitive dissonance in the stock market is stunning as reflected by the ever rising prices and credit spreads. He expressed that this is not a buy the dip market but don’t try to catch a falling knife markets because prices have been plummeting for weeks. The stock market collapse has already begun!

Read MoreStock Market Crash Has Begun! We Have Never Seen This Since The Great Depression !!