This headline and article claims it may be a lot closer than anyone thinks.
Market crash 'could hit within weeks', warn bankers
Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group's implosion nearly three years ago.
"The problem is a shortage of liquidity – that is what is causing the problems with the banks. It feels exactly as it felt in 2008," said one senior London-based bank executive.
"I think we are heading for a market shock in September or October that will match anything we have ever seen before," said a senior credit banker at a major European bank.
See it all here; http://www.telegraph.co.uk/finance/financialcrisis/8721151/Market-crash-could-hit-within-weeks-warn-bankers.html
With solar storms set to peak next month, rumors of Israel planning a major military move on Iran and it's proxies, Palestine expecting to declare it's statehood in the UN and the Feast of Trumpets set for the end of September...a collapse of financial markets that same month could REALLY set the world spinning.
It will be interesting to watch for any prophetic major moves during this coming month.
Hat tip to Tom F.
See it all here; http://www.telegraph.co.uk/finance/financialcrisis/8721151/Market-crash-could-hit-within-weeks-warn-bankers.html
With solar storms set to peak next month, rumors of Israel planning a major military move on Iran and it's proxies, Palestine expecting to declare it's statehood in the UN and the Feast of Trumpets set for the end of September...a collapse of financial markets that same month could REALLY set the world spinning.
It will be interesting to watch for any prophetic major moves during this coming month.
Hat tip to Tom F.
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