I want to stress from the outset, however, that this is more than a mere forecast. It’s a solemn warning:

The U.S. stock market is showing the kind of extreme volatility and severe strains that typically precede major implosions.
There is very little time left to get your money to safety. The collapse could come at literally any moment now.
If you ignore this warning, you do so at your own peril. The price for allowing temporary rallies to lull you into a false sense of security could be severe and could result in massive losses.

The red flashing lights are everywhere. Just three short weeks ago, an initial bout of panic selling reached such a feverish pitch, it set off some of the market’s automatic “circuit breakers” that shut down trading in key stocks.
But instead of breaking the market’s decline, the crash merely accelerated, driving the Dow down 1,000 points in a matter of minutes.
That fateful day is now called the “Flash Crash.” But make no mistake: It is NOT a flash in the pan. Indeed …

Why? The reason is obvious: The European debt crisis has investors more nervous than a long-tailed cat in a roomful of rocking chairs. And it is now spreading …
* Spain is on the brink right now: If you thought the debt crisis in Greece was bad, wait till you see what’s coming next! The New York Times reports that “the focus of Europe’s problem is rapidly shifting from Greece to Spain, one of the world’s largest economies.”
In fact, Spanish authorities have just seized a major bank there and forced the merger of four others in trouble. Even more Spanish bank failures are on the way as a result of Spain’s own real estatemeltdown.
How much could this hurt our markets? Consider the facts:
Until now, yes, Greece was the great nemesis that caused nearly all of the panic. But Greece has only $236 billion in external debts. Spain has $1.1 trillion, or FIVE times more.
More Here..

SOURCE:

www.thecomingdepression.blogspot.com