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Global Stock Market Meltdown a Signal of More to Come?

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Manage episode 433627303 series 2649711
Contenuto fornito da Joshua Philipp. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Joshua Philipp o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
It’s said that when something is about to collapse, it’s slow at first, then all at once. We may now be watching the start of a new economic crisis, as markets are now hit with the largest decline since the “Black Monday” crash in 1987. Back then, the Dow Jones Industrial Average (DOW) dropped 508 points, or about 22.61 percent, and wiped out around $500 billion in market value. Well, the new crash, which just started this week, saw the DOW drop about 954 points, or about 2.4 percent, by Monday afternoon. Of course, the situation is still developing, but given other global trends, there’s the possibility this could signal more of what’s to come, especially as we watch similar warning signs take place in the Chinese market. And here’s why: the recent meltdown was caused by bad job numbers going public. But recent data showed the Chinese Communist Party has also been covering up the real state of its job market. The economic trend we’re now watching could soon get much more serious. We’ll discuss in this episode of Crossroads. Views expressed in this video are opinions of the host and guests, and do not necessarily reflect the views of The Epoch Times. ⭕️ 🇺🇸Josh's Special Offer👉 https://ept.ms/JoshSpeicalOffer ⭕️ Support our fight for the truth👉 https://donorbox.org/crossroads
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1121 episodi

Artwork
iconCondividi
 
Manage episode 433627303 series 2649711
Contenuto fornito da Joshua Philipp. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Joshua Philipp o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
It’s said that when something is about to collapse, it’s slow at first, then all at once. We may now be watching the start of a new economic crisis, as markets are now hit with the largest decline since the “Black Monday” crash in 1987. Back then, the Dow Jones Industrial Average (DOW) dropped 508 points, or about 22.61 percent, and wiped out around $500 billion in market value. Well, the new crash, which just started this week, saw the DOW drop about 954 points, or about 2.4 percent, by Monday afternoon. Of course, the situation is still developing, but given other global trends, there’s the possibility this could signal more of what’s to come, especially as we watch similar warning signs take place in the Chinese market. And here’s why: the recent meltdown was caused by bad job numbers going public. But recent data showed the Chinese Communist Party has also been covering up the real state of its job market. The economic trend we’re now watching could soon get much more serious. We’ll discuss in this episode of Crossroads. Views expressed in this video are opinions of the host and guests, and do not necessarily reflect the views of The Epoch Times. ⭕️ 🇺🇸Josh's Special Offer👉 https://ept.ms/JoshSpeicalOffer ⭕️ Support our fight for the truth👉 https://donorbox.org/crossroads
  continue reading

1121 episodi

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