Tuesday, October 6, 2015

$11 Trillion Dropped Out of the Stock Market Last Quarter | Crash in October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month

The stock market has taken several hits over the past four months, sustaining a loss of $11 trillion; that's one sixth of global GDP. The full impact of these losses is most likely being sheltered by aggressive lending policies by the big banks, printing money in the billions on a monthly basis via quantitative easing. 

The world economy seems to be very close to a major crash, with very little left in the way of stopgaps available to address the problem. Of course the pandemic use of interest and debt money, by the hand of clandestine financial powers has only one definitive outcome in the long term; financial collapse. Interest siphons creative energy, represented in the form of debt-money, out of a social group and into the hands of a hidden ruling oligarchy. 

When a people looses touch with the interconnected nature of reality, when they fail to negotiate an accord for the benefit of all beings, then money is needed to mitigate the chaos of the incompetent masses. But there is hope, a group of knowledgeable and far seeing individuals can develop an independent system of financial trade, using debt-free money as a tool for building prosperity. 

In fact, as the below linked documentary demonstrates, some of the most successful civilizations in history all had an interest free money system, run by the people in a not-for-profit capacity.

Related How and Why "The Money Masters" Took Control (Full Documentary)

But until the average person is willing to recognize that their choice of ignorance creates chaos for all others, our collective destinies will be tied to each other and the present day fallacious system. 

Related 5 Major Banks (The Cartel) Plead Guilty To Market Rigging, Fined $5.7 Billion - Make this Red Pill Viral

In my view, a financial collapse on a grand scale would provide the catalyst needed for each individual to realize the frauds running rampant in today's world, providing the experiential basis to seek for a better way. And those of us who do understand this better way can share it with others, so that when the present system collapses a new one can take it's place based on honor, truth and fairness. 

One day soon we will all be passing through a global initiation as the financial system implodes, but we need not fear the death of this draconian giant. We can take the time now to rediscover how to engage in commerce with our fellows in a fair and honest way. 

Related How to Access your Absolute Value - Manifesting Paradise through acknowledging our place in the Universal Community

All people need food, water and shelter as a basic natural right and when we develop social agreements to facilitate these things for all people everywhere, we will have the foundation for a prosperous society.
- Justin

Source - The Economic Collapse Blog

The worst stock market crashes in U.S. history have come during the month of October.  There is just something about this time of the year that seems to be conducive to financial panic.  For example, on October 28th, 1929 the biggest stock market crash in U.S. history up until that time helped usher in the Great Depression of the 1930s.  And the largest percentage crash in the history of the Dow Jones Industrial Average by a very wide margin happened on October 19th, 1987.  Overall, 9 of the 16 largest single day percentage crashes that we have ever seen happened during the month of October.  Of course that does not mean that something will happen this October, but after what we just witnessed in September we should all be on alert.
Clearly, there is a tremendous amount of momentum toward the downside right now.  As you can see from the chart below, all of the gains for the Dow since the end of the 2013 calendar year have already been wiped out…
Dow Jones Industrial Average October 2015
And as I wrote about just the other day, last quarter we witnessed the loss of 11 trillion dollars in “paper wealth” on stock markets all over the planet.  The following comes from Justin Spittler
The S&P 500 fell 8%… and so did the Dow and the NASDAQ. It was the worst quarter for U.S. stocks since 2011.
Stocks around the world dropped too. The MSCI All-Country World Index, which tracks 85% of global stocks, also had its worst quarter since 2011. The STOXX Europe 600 Index, which tracks 600 of Europe’s largest companies, fell 10%. It was the worst quarter for European stocks since 2011 as well.
China’s Shanghai Composite fell 28% last quarter, its largest quarterly decline in seven years. The MSCI Emerging Markets Index fell 19%. It was the worst quarterly decline for emerging market stocks in four years.
In total, last quarter’s selloff erased nearly $11 trillion in value from stocks around the world.

Sadly, the mainstream media is assuring everyone that things are going to be just fine, and a lot of people on the Internet seem to have the attitude that “nothing is happening“.  Just like in 1929, a brief period of stabilization after the initial fall has lulled many into a false sense of security.  The following comes from Zero Hedge
Just as in 1929, the market was performing fantastic and the continuous wealth increase seemed to be unstoppable. A short 10% correction was seen as ‘healthy’ and soon a new uptrend was starting (the green line). This is exactly the same scenario we saw in the past few weeks. Market commenters said the 10% drop in the Dow Jones was a ‘healthy correction’ and we’re on our way to the next uptrend and Christmas rally.
Most people seem to assume that since I run a website called “The Economic Collapse Blog” that I must be rooting for a stock market collapse and an economic implosion, but that is not true at all.  The longer that the financial markets can hold together, the longer all of our lives can stay quiet, peaceful and “normal”.  Once the chaos begins, all of our lives will change dramatically.  No matter how much any of us have prepared, what is coming is going to deeply affect all of us at least to a certain degree.
It would be far better for me, my extended family and my friends if I am wrong about an imminent financial collapse.  Most of the people that I personally know are not even close to ready for what is coming.  And during the coming credit crunch it is inevitable that people that I personally know will lose jobs and suffer business setbacks.
Sadly, the truth is that life in America is never going to be any better than it is right now.  At some point, this stock market bubble will fully implode.  At some point, our debt-fueled prosperity will disappear.  At some point, the extraordinary recklessness of the big banks will catch up with them in a major way.
As we witnessed in 2008, our financial system is not designed to handle a severe bear market.  We should have learned some very hard lessons from the last time around, but we didn’t.  Instead, our financial system is even more vulnerable to a crisis today than it was back then.  A huge turn down by the financial markets will rip many of our top financial companies to shreds.  So a bear market would be extremely bad news, but unfortunately many prominent analysts seem to believe that this is precisely what we are now facing
Jim Cramer, the ex-hedge fund manager and host of CNBC’s show “Mad Money,” has been vocal recently on air, saying repeatedly that he doesn’t like the market now, and last week said “we have a first-class bear market going.” Similarly, Gary Kaltbaum, president of Kaltbaum Capital Management, has been sending out notes to clients and this newspaper for weeks, saying the poor price action of the stock market and many hard-hit sectors, such as energy and the recently clobbered biotech sector, has all the earmarks of a bear market. Over the weekend, Kaltbaum said: “We remain in a worldwide bear market for stocks.”
On the way up, all of the extreme risk-taking didn’t seem to matter much because everyone was making a lot of money.
But on the way down, all of the extreme risk-taking is just going to accelerate the collapse.
Personally, I do not know exactly what will happen over the next few weeks, but without a doubt I have a very bad feeling about the rest of this year.
What about you?
What do you think will happen?
Please feel free to add to the discussion by posting a comment below…



Sign-up for RSS Updates:  Subscribe in a reader

Sign-up for Email Updates:

Delivered by FeedBurner

View and Share our Images
Curious about Stillness in the Storm? 
See our About this blog - Contact Us page.

If it was not for the galant support of readers, we could not devote so much energy into continuing this blog. We greatly appreciate any support you provide!

We hope you benefit from this not-for-profit site 

It takes hours of work every day to maintain, write, edit, research, illustrate and publish this blog. We have been greatly empowered by our search for the truth, and the work of other researchers. We hope our efforts 
to give back, with this website, helps others in gaining 
knowledge, liberation and empowerment.

"There are only two mistakes one can make along the road to truth; 
not going all the way, and not starting." - Buddha

If you find our work of value, consider making a Contribution.
This website is supported by readers like you. 

[Click on Image below to Contribute]

Support Stillness in the Storm

Sign up for Gaia TV

Sign up for Gaia TV
By signing up through this link you also support SITS