Has the next Lehman Brothers moment arrived? Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the planet. Of course stocks have already been crashing all over the globe over the past year, but up until now we had not seen the kind of stark fear that the crash of 2008 created following the collapse of Lehman Brothers. The British people are certainly to be congratulated for choosing to leave the tyrannical EU, and if I could have voted I would have voted to “leave” as well. But just as I warned 10 days ago, choosing to leave will “throw the entire continent into a state of economic and financial chaos”. And “Black Friday” was just the beginning – the pain from this event is going to continue to be felt for months to come. (Read More....)
Worst Floods in '500 YEARS' Kill 26 in WV...
Burning House Swept Down River...
Photos...
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East Coast states want to tax drivers by the mile...
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2nd TX man infected with flesh-eating bacteria...
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Obama Invites 18.7 Million Immigrants to Avoid Oath of Allegiance, Pledge to Defend America
FEDS MOVE FORWARD WITH 'HOTEL' FOR ILLEGALS...18.7 Million Immigrants Exempt From Oath of Allegiance...
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George Soros: "Brexit Makes EU Disintegration Irreversible"
---Germany Says "We Won't Let Anyone Take Europe From Us"
--------- Not So Fast: Scotland And Northern Ireland May Have Brexit Veto Rights
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First The UK, Then Scotland... Then Texas?
What Comes After Brexit
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If The Public Shouldn't Have Them, Why Does The IRS Need AR-15s?
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Donald Trump’s Entire Financial History In One Short Video
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Brexistential Bloodbath - Dow Crashes 600 Points As Vol Explodes
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Brexit Blowback Hits Italian and Spanish Banks
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BREXIT set to spread across Europe: Italy, France, Netherlands, and Denmark ALL call for referendums
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Trump is praising the Brexit vote for Britain’s independence from the EU.Hillary appears to not really understand what it means.
People are having trouble with the establishment, which favored Britain staying in the EU. They basically tried to scare their constituents by talling them all sorts of false stories.
Trump came right out and
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The
Chinese government said on Saturday it had stopped a communication
mechanism with Taiwan because of the refusal of the self-ruled island’s
new government to recognise the “one China” principle, in the latest
show of tension between the two.
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by Sean Adl-TabatabaiTexas has passed a law which will permanently ban any type of Sharia law from being imposted in the Lone Star State.
Senator Donna Campbell passed the bill that will ensure that no laws from foreign courts will be adopted by Texas civil court judges.
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52,000 GUNS SOLD A DAY UNDER OBAMA!
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Bloodbath" - European Banking Stocks Collapse As UK Default Risk Spikes
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Civil Uprising Escalates As 8th EU Nation Threatens Referendum
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World stocks and European bank shares tumble post Brexit
World stocks tumbled and European bank shares were on
track for their biggest ever two-day fall on Monday as the political and
economic fallout of Britain's shock vote to leave the European Union
drove sterling to a fresh 31-year low against the dollar.
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As
you read this article, the state of California is being ravaged by
gigantic wildfires that are raging wildly out of control, and West
Virginia is dealing with a “500 year flood”. Since last September, the
U.S. has been hit by a series of 11 historic floods. Never before in
American history have we seen so many major floods within such a
compressed space of time. And just as the Shemitah year ended last
September, massive wildfires began erupting all over the country.
Thanks to that unprecedented outbreak of large fires, 2015 ended up
being the worst year for wildfires in all of U.S. history. And since
2016 began, things have continued to get worse. As far as the total
number of acres burned is concerned, we are more than a million acres
ahead of the pace that was set last year. So why in the world is all of
this happening? (Read More...)/
More
stock market wealth was lost on Friday than on any other day in world
history. As you will see below, global investors lost two trillion dollars on the day following the Brexit vote. And remember, this is on top of the trillions that global investors have already lost over the past 12 months.
It is important to understand that the Brexit vote was not the
beginning of a new crisis – it has simply accelerated a global financial
crisis that started last year and that was already in the process of
unfolding. As I noted on Friday,
we have been waiting for “the next Lehman Brothers moment” that would
really unleash fear and panic globally, and now we have it. The next
six months should be absolutely fascinating to watch. (Read More....)
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