By Lisa Haven

Things are sure getting wild on Wall Street.  On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back and recovering nearly all of those losses.  The Dow closed just 79 points lower for the day, and if you only looked at the final number you would be tempted to believe that there is not much reason for concern.  But these wild swings up and down are precisely what we witnessed back in 2008, and they are a sign that the stock market is literally teetering on the precipice of disaster.  And it almost certainly would have been a historically bad day for stocks on Thursday if not for a very well-timed article in the Wall Street Journal.  Once news broke that the Federal Reserve is considering “a wait-and-see approach to rate hikes”, stock prices immediately began to rebound…” Michael Snyder

In other words, we could be witnessing another 2008 recession and our economy could be in a world of hurt due to the enormous power the federal reserve harbors over the US. Are we seeing the beginning of all-out economic implosion? All that and more in this powerful interview…

 

 

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For More Information See:

https://www.cnbc.com/2018/12/06/fed-officials-may-signal-a-wait-and-see-approach-following-rate-increase-this-month-wsj.html

http://theeconomiccollapseblog.com/archives/the-psychological-bubble-that-has-been-propping-up-the-u-s-economy-is-starting-to-implode

http://theeconomiccollapseblog.com/archives/somebody-pressed-the-panic-button-on-wall-street-bank-stocks-and-tech-stocks-crash-as-the-yield-curve-inverts

https://etfdailynews.com/2018/12/06/dow-drops-700-points-bringing-its-2-day-losses-to-1500-points/