1929: Black Friday: A Stock Market Crash and Its Consequences

Prof Richard Wolff: An Economic Crash Is Coming and It Will Be Bad

Professor Richard Wolff discusses the state of the economy and the potential impact the 2020 election could have.

Chris Hedges - What Will Trigger the Next Crash? | American Anomie

Robert Reich: The Next Crash

Robert Reich explains why there will be another economic crash.

The Crash – The Investment Bank Lehman Brothers | DW Documentary

Investment bank Lehman Brothers filed for bankruptcy in New York on September 15, 2008 after more than 150 years in the banking business. [Online until: 13.10.2018]

At the time, the company had accumulated over $600 billion in debt. It did not just hit the US financial system hard: global networking sent companies around the world into a tailspin. How could that happen? And above all, could it happen again? The documentary tells of the risky rise and ruinous collapse of former global investment bankers Lehman Brothers. The bank had sensed a killing when the US Federal Reserve massively cut interest rates at the beginning of the millennium. "Cheap money" gave many Americans the feeling that they too could fulfill the dream of owning their own homes. Loans were made without anyone asking if customers were really solvent. These mortgages were then bundled and offered for sale as "safe bonds." But real estate prices in the US fell and those so-called safe bonds turned into liabilities, sending shockwaves around the world. More than 500 investors in Singapore suddenly faced bankruptcy in 2008. They had bought into so-called mini-bonds - innovative products that specifically targeted private investors, promising them high profits and maximum security. But most people did not understand what was actually behind them. Many of these bonds were linked to American banks such as Lehman Brothers. In the end, Lehman Brothers had to file for bankruptcy, leaving thousands of small investors around the world facing ruin.

Economic Collapse Confirmed! $70 Trillion Dollar Dark Cloud Of Debt – Stock Market Crash 2018

The Collapse Is Confirmed! One Of The Best Video Of The Economic Collapse 2018 Stock Market Crash!

The Crash Is Coming! The Coming Collapse Of The American Economy - Economic Collapse News

Steve Keen – Financial Crisis, Trump 2018 - 2019, Crash Is Now

Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the university. In autumn 2014 he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He is also a fellow at the Centre for Policy Development. He is the author of Can We Avoid Another Financial Crisis? (The Future of Capitalism).

Peter Schiff - Worst Stock Market Crash of a Lifetime Ahead of Us 2017-2018

The Collapse Is Coming! Prepare For The Imminent Economic Collapse 2017 | Stock Market Crash!

There are some dire predictions that say in the next year, or 18 months, we have something arriving worse than 2008 and 2009, the downturn is much worse. The biggest stock market crash and economic collapse imminent.

The Crash Is Coming! Prepare For The Imminent Economic Collapse 2017 | Stock Market Crash!

The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.

Has The Crash of 2016 Now Begun? What Can & Should Be Done?

Economist Dr. Richard Wolff, Democracy At Work, goes off on the state of the economy w/Thom. What no one is talking about is the fact that that China isn't driving the looming economic crash - what's driving it is the fact that so-called "free market" capitalism and austerity politics are failing at a global scale.

Why The Crash of 2016 Will Happen

Sell Everything ahead of Stock Market Crash, Say RBS Economists

THE GUARDIAN: Royal Bank of Scotland warns of ‘cataclysmic’ year with slumps in shares and oil and advises clients to shift to bonds

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point.

Stock markets have already come under severe pressure in 2016, with the FTSE 100 down more than 5% in its worst start since 2000. In the US, the Dow Jones industrial average has made its poorest ever start to a year.

Oil prices have also fallen sharply on fears of lower demand and a supply glut, especially with Iran due to start exporting once more when sanctions are lifted. Tensions between Iran and Saudia Arabia make it less likely that Opec can agree to cut production to halt the slide in prices. Brent crude is down another 1% at $31.18, its lowest level since April 2004.

Investors have been spooked by fears of a severe slowdown in the Chinese economy and a fall in the value of the yuan, not helped by a crash in the country’s stock market despite attempts by the country’s authorities to curtail selling.

Andrew Roberts, RBS’s credit chief, said: “China has set off a major correction and it is going to snowball. Equities and credit have become very dangerous, and we have hardly even begun to retrace the ‘Goldilocks love-in’ of the last two years.” » | Nick Fletcher | Tuesday, January 12, 2016