The economic dominoes are starting to fall. Junk bonds have recently crashed, just like they did in 2008. The price of oil has crashed, just like it did in 2008. Commodity prices have crashed, just like they did in 2008. And more than half of all major global stock market indexes are already down at least 10%, just like 2008.
For those here who do not know what all of this gibberish means, it means simply this:
The economy is about to crash like it did in 2009, except things are much worse now than they were then. Our nation is 18.5 Trillion dollars in debt. We have essentially printed money to cause a fake recovery. The banks now have accumulated 100 Trillion in derivative trading risk, which will utterly bankrupt all of them all at once, (destroy their client's savings), should the economy see a major downturn.
The economy is about to collapse.
I have noticed the price of oil is way down. I have noticed that the Canadian currency is very depressed compared to the US dollar. I am not sure what that means - but, if it compares/models closely to 2008, then it most likely is not a good thing.