23 Nations Around The World Where Stock Market Crashes Are Already Happening

Tyler Durden's picture

Submitted by Michael Snyder via The Economic Collapse blog,

You can stop waiting for a global financial crisis to happen.  The truth is that one is happening right now.  All over the world, stock markets are already crashing.  Most of these stock market crashes are occurring in nations that are known as “emerging markets”.  In recent years, developing countries in Asia, South America and Africa loaded up on lots of cheap loans that were denominated in U.S. dollars.  But now that the U.S. dollar has been surging, those borrowers are finding that it takes much more of their own local currencies to service those loans.  At the same time, prices are crashing for many of the commodities that those countries export.  The exact same kind of double whammy caused the Latin American debt crisis of the 1980s and the Asian financial crisis of the 1990s.

As you read this article, almost every single stock market in the world is down significantly from a record high that was set either earlier this year or late in 2014.  But even though stocks have been sliding in the western world, they haven’t completely collapsed just yet.

In much of the developing world, it is a very different story.  Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.

Posted below is a list that I put together of 23 nations around the world where stock market crashes are already happening.  To see the stock market chart for each country, just click the link…

1. Malaysia

2. Brazil

3. Egypt

4. China

5. Indonesia

6. South Korea

7. Turkey

8. Chile

9. Colombia

10. Peru

11. Bulgaria

12. Greece

13. Poland

14. Serbia

15. Slovenia

16. Ukraine

17. Ghana

18. Kenya

19. Morocco

20. Nigeria

21. Singapore

22. Taiwan

23. Thailand

Of course this is just the beginning.  The western world is going to feel this kind of pain as well very soon.  I want to share with you an excerpt from an article that just appeared in the Telegraph entitled “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“.  You see, the Telegraph is not just one of the most important newspapers in the UK – it is truly one of the most important newspapers in the entire world.  When it speaks on financial matters, millions of people listen very carefully.  So for the Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.


Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

I encourage you to read the rest of that excellent article right here.  It contains lots of charts and graphs, and it discusses many of the exact same things that I have been hammering on for months.

When one of the newspapers of record for the entire planet starts sounding exactly like The Economic Collapse Blog, then you know that it is late in the game.

Others are sounding the alarm about an imminent global financial crash as well.  For example, just consider what Egon von Greyerz recently told King World News

Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.


Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.

Hmm – there is another example of someone talking about September.  It is funny how often that month keeps coming up.

And of course most of the major stock market crashes in U.S. history have been in the fall.  Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.

The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon.  The following comes from CNBC

The flight of investor money from U.S. stocks has turned into a stampede.


In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.


Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.

A global financial crisis has already begun.

So those that were claiming that one would not happen in 2015 are already wrong.

Over the coming months we will find out how bad it will ultimately be.

Sometimes I get criticized for talking about these things.  There are a few people out there that don’t like all of the “doom and gloom” that I discuss on my website.  Apparently it is a bad thing to talk about the things that really matter and we should all just be “keeping up with the Kardashians” instead.

I consider myself just to be another watchman on the wall.  From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.

If we saw what was coming and we did not warn the people, their blood would be on our hands.  But if we do warn the people, then we have done our duty.

Every day I just do the best that I can with what I have been given.  And there are many others just like me that are doing exactly the same thing.

Those that do not like the warning message are going to feel really stupid when things start falling apart all around them and they finally realize how wrong they truly were.

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stinkhammer's picture

This is what happens when you fuck a stranger in the ass

XAU XAG's picture

Wait till Sept/Oct................the list will get very long.

Groundhog Day's picture

us markets off 2.3% off thier all time highs after a 212 percent run with no 10 % pullback since 2011.  Yea that makes perfect sense.  its a global economy but the us only benefits on the upside and not the downside.. The show must go on!  #winning

Santini Air's picture
Santini Air (not verified) Groundhog Day Aug 18, 2015 8:56 AM

Those are teh really important countries too.

toady's picture

Did you know cnbs has a comment section on their site. I went looking for Asian charts with this whole China meltdown thing and found a mirror image of ZH over there.  

The world is all unicorns shitting skittles and the empire will live forever.

Pretty funny stuff!

Santini Air's picture
Santini Air (not verified) toady Aug 18, 2015 10:40 AM

Teh we got banned from their site too....

KnuckleDragger-X's picture

Just remember, it's all going to be a big surprise, so get your party hat on......

Refuse-Resist's picture

Just Buy motherfuckers!


JJdog's picture

Everything is fine here in the US. That clown Steve Lies-man on CNBC said so. 

headhunt's picture

He is dumb as he is bald

Nikki Alexis's picture

So "everybody" is predicting a Sept/Oct US stock market crash?  Expect all-time highs in Sept/Oct.

ZH Snob's picture

a nigerian stock market?  seriously? 

I looked it up and found it's true!  you can invest in derivatives on things like, will the deposed and true prince of nigeria get his 50 million back?


Rusty Shorts's picture
Nigeria Stock Exchange Chasing A Trillion Dollar Market Cap



Kobe Beef's picture

I got a 100 trillion Zimbabwe dollars in my pocket.

BandGap's picture

Well you managed to lose me on that one.

I'm afraid to ask for an explanation or what this statement might be based on.....

ZH Snob's picture

either you've never gotten nor know of anyone else who's received one of those scam emails about the nigerian prince, or else you're still sending checks to help clear the account.

I really hate having to explain understated humor.  it kind of kills it.

V in PA's picture

He wasn't talking to you. He was asking first post what he meant, and I agree, I don't get the first post.

NuckingFuts's picture

Big Lubowski reference. Am I the only one here who cares about the rules!?

Renfield's picture

heh, these guys are fucking amateurs, dude. They're all a bunch of fucking amateurs!


This isn't Nam dude, there are rules. Over the line. Mark it 0

NuckingFuts's picture

If asking about the OP comment regarding "this is what happens"..... Unless your name is Little Larry, don't worry about it.

perchprism's picture



Big Wally here, at your service.

H. Perowne's picture

"Is this your fiat currency Bennie?"

Brewer55's picture

Do you find it funny or just plain vulgar to reply with such a post?

Brewer55's picture

@stinkhammer Do you find it funny or just plain vulgar to reply with such a post?

wizteknet's picture

Everyone is going to cash to make sure they have some, doubt it helps...

steelrules's picture

Any country that has falling / crashing markets still has a semblance of a real market.


Bob's picture

Or has become an acceptable loss for their buddies who run the fraudulent global market.

But the "right" people would have advance notice, of course.

r101958's picture

Happening everywhere except where the markets are blatantly manipulated.

Arnold's picture

I'd like to speak to the Federal Reserve Chairman, please.

Yes, I'll hold.

Ceomegaglobalcorp's picture
Ceomegaglobalcorp (not verified) Aug 18, 2015 8:04 AM

The collapse began in 2008 and has been slowly unfolding. The U.S. economy died in 2008. The zombie is starting to stink and limbs are falling off now.

XAU XAG's picture

The collapse began long time before 2008

LoneStarHog's picture

The coffin was constructed in December 1913 with the final nail driven in August 1971.

XAU XAG's picture



Concur......................Just could not remember the exact years


I think there has been a nail driven in every 7-9 years and more since 1971.........................2015/16 could be the year they get a nail gun and really secure the LID

Winston Churchill's picture

Nailguns can't fire 32d nails.

XAU XAG's picture

Oh dear Winston


We really are not winning the TEC race are we?

Implied Violins's picture

This coffin is made of 4 by 8's and will be secured using a palm nailer and 20-penny nails. Even the zombies aren't getting out alive.

Surveyor4Pres's picture

Pick me!  Pick me!

1913 = Creation of The FED

1971 = Nixon taking us off the Au standard

headhunt's picture

We all see it coming; it is the 'when' that no one has a F'ing idea of.


How many of these governments are Keynesian in nature?

silverer's picture

Good question headhunt.  If they are copying the US model, they are surely heading towards a wall.

BandGap's picture

Copying the US model? They can't print fiat, so no.

Small dominoes first, big ones later...

Motasaurus's picture

Why are they only Keynesian when they borrow in the bad times? That's only half of Keynes argument (I've actually read it). The point is to borrow to reduce the shock of a downturn by spending on public works, therebby employing the un and underemployed, and then to rapidly write down the debt (and public sector workers) when things pick up, to hit a sort of middle-class equilibrium. 

Borrowing for social services in a boom is not Keynesian. Borrowing to prop up financial stocks and businesses is not Keynesian.  Borrowing to pay government employees above-market rates is not Keynesian.

breadonwaters's picture



I'm tired of hearing all the BS about keynesian this and that .....the idea of building infrastructure during economy slowdowns and paying off the debt during upswings makes eminently good sense. 

I remember the Cdn gov had a winter ad campaign " why wait for spring, do it now" ...since during the winter months there are available workers and prices are cheaper. 

Keynes would tuern in his grave to hear his name attached to the short term thinking of bankers and politicians.


We've robbed our children of their future, and the four horsemen are mounting up.


Overfed's picture

Keynes was a degenerate pederast.

headhunt's picture

I do understand this but socialists who worship Keynes never complete the cycle and it has come to be that 'Keynesian' is now spend and keep on spending, Keynes did leave out a lot of real world dynamics which make his theory unworkable - maybe if we were ants.


I suppose I should have used 'socialist/communist' in nature.

Grandad Grumps's picture

Why would you assume that central banks are not in control?

That is kinda laughable.

Motasaurus's picture

Or at least the people who own them.

youngman's picture

This shows how important trade is with everyone....when trade stops..the world crashes....this is what happened in the 1930s....trade wars killed the economies of the world...

BandGap's picture

It is why Japan used it's military to expand the Southeast Asia Co-Prosperity Sphere, which eventually led to war with the US & Britain.