The Great Global Rig is Ending...

 

The markets are beginning what could in fact be an epic meltdown.

 

China is on the verge of a “Lehman” moment as its shadow banking system implodes. China had pumped roughly $1.6 trillion in new credit (that’s 21% of GDP) into its economy in the last two quarters… and China GDP growth is in fact slowing.

 

This is what a credit bubble bursting looks like: the pumping becomes more and more frantic with less and less returns. Check out the collapse in China’s stock market.

 

We are literally back into 2008 Crash territory here:

 

 

Brazil, another “coming economic superpower” is experiencing rampant riots (over two million people in fact) as inflation soars. Here again we are back into 2008 Crash territory:

 

 

And the US… well the breakout to new highs is looking more and more like a false breakout. These developments usually result in extreme violent swings in the other direction. In this case… DOWN.

If you have not taken steps to prepare for a market collapse, we have a FREE Special Report that outlines how to prepare your portfolio. To pick up a copy, swing by:

 

http://gainspainscapital.com/protect-your-portfolio/

 

Best Regards

Graham Summers