Sentences with phrase «worldwide financial collapse»
The other three occasions — the dot - come tech wreck, the worldwide financial collapse and the euro - zone crisis — resulted in massive drawdowns for world stock benchmarks.
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Jim Rogers, financial guru and chairman of Rogers Holdings, sat down with a German news outlet this weekend in which he argued that central banks worldwide are printing money against gold and it can't last forever, which will lead to a collapse in... [Read more...]
Thanks to unprecedented levels of uncertainty across many financial markets — particularly at the beginning of the year when China's collapsing stock prices sent shockwaves through equities markets worldwide, and then in June in the aftermath of the United Kingdom's decision to leave the European Union — investors piled into gold as a safety measure.
With massive and increasing structural deficits; exploding debt in all sectors; hostile demographics; social and political fracturing and disintegration; grotesque wealth inequality; extraordinary global trade competition; a complete collapse of respect for vital government organizations such as the Justice Department and FBI, which the people now realize have gone rogue; an extremely complex and corrosive global geopolitical environment; the real prospect of war, potentially nuclear and worldwide; not to mention numerous additional factors, we can only point to few other times in history more dangerous to the people's financial welfare, and therefore more overall bullish for gold, one of the only financial sanctuaries proven to work in times of dislocation.
The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.
There is also a very strong sense of America's drifting towards one of the worst financial breakdowns in recent history, as we know Clinton's repeal of the Glass - Steagall Act was already in place by then, allowing financial deregulations to flourish to the point of a worldwide economic collapse.
The 2007 financial crisis, which threatened the collapse of large financial institutions worldwide, has once again brought to the fore the significance of development banks.
Representing a worldwide law firm in connection with litigation arising from the bankruptcy of a financial services company, which collapsed amid allegations of fraud.