Wednesday, October 21, 2020
ECONOMY Are The Big Banks Warning Of A Worldwide Economic Crisis?

Are The Big Banks Warning Of A Worldwide Economic Crisis?

Like the post? Why not make it Facebook official. ⇊

Written by Michael Snyder


 

General Michael Flynn defense fund Fellow patriots, please listen to this short, inspiring message from General Flynn. General Michael Flynn exemplifies patriotism, courage, and love of God and country - despite some of his own countrymen relentlessly attacking him. Donations for his defense are greatly appreciated. If you can only give $5.00, please do so - every little bit helps. Thank you so much, and God bless. Letter from General Flynn. 


Are we on the verge of a major worldwide economic downturn?  Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead.  As you will read about below, the big banks are warning that the price of oil could soon drop as low as 20 dollars a barrel, that a Greek exit from the eurozone could push the EUR/USD down to 0.90, and that the global economy could shrink by more than 2 trillion dollars in 2015.  Most of the time, very few people ever actually read the things that the big banks write for their clients.  But in recent months, a lot of these bankers are issuing such ominous warnings that you would think that they have started to write for The Economic Collapse Blog.  Of course we have seen this happen before.  Just before the financial crisis of 2008, a lot of people at the big banks started to get spooked, and now we are beginning to see an atmosphere of fear spread on Wall Street once again.  Nobody is quite sure what is going to happen next, but an increasing number of experts are starting to agree that it won’t be good.


Please Spread the Word and Share This Post

TCP News is proud to be ranked #24 in the Top 40 Conservative Political Blogs

Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of True Conservative Pundit

Another way you can support us is to purchase my book

Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary

Don't forget to follow TCP News on Facebook, Gab, SpreelyUSA Life, and Twitter

If you value what you see on True Conservative Pundit, please consider donating, any amount helps

donate to TCP News


Greg Holthttps://www.trueconservativepundit.com
About the author: Greg is a strong believer in Jesus Christ and is also a political analyst and author.  By day he is a self-employed non-emergency medical transport driver, as well as being an author and blogger.  His articles are first published on TCP News and Inspirational Christian Blogs, and from there the articles are widely published on many well-known conservative websites.  If you would like to republish his articles, please feel free to do so leaving all links intact and crediting the author and the website that the article appeared on.  Greg is the author of the newly released book: Spiritual Darkness is Destroying America and the Church.  Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary. Follow TCP News on Facebook, USA LifeGab, SpreelyTwitter, and Pinterest

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related news

Headline News 10/21/2020

Good morning, we aim to start your day off right with relevant headline news that’s happening around the world, not to mention our own timely...

Seattle Police Officers Leave Department Citing Lack of Support, a Political Agenda, & No Punishment for Crimes

By TCP News Staff Seattle Officers "felt a lack of support and concern for their well-being amid protests, a new report claims."   Seattle police department officers after...

Headline News 10/20/2020

Good morning, we aim to start your day off right with relevant headline news that’s happening around the world, not to mention our own timely...

Headline News 10/19/2020

Good morning, we aim to start your day off right with relevant headline news that’s happening around the world, not to mention our own timely...