The following article was posted on the 15th of August, 2015, yesterday, the 21st of August, 2015, the global stock markets melted down.
We will not just how badly economy of these nations will be impacted until the following next few weeks….if you are not prepared……
However, China and Japan are also showing signs of trouble and ultimately the bond crisis will be coming to the US’s shores.
However, it’s critical to note that crises do not unfold all at once. The Tech Bubble, for instance, which was both obvious and isolated to a single asset class, took over two years to unfold.
As terrible as the bust was, that crisis was relatively small as far as the damage. At its peak, the market capitalization of the Tech Bubble was less than $15 trillion. Moreover, it was largely isolated to stocks and no other asset classes.