Global Stocks Plunge Again And A Former Reagan Administration Official Is Warning Of A "40% Cra

Read more on this subject: Stock Market
News Story Source: http://theeconomiccollapseblog.com
After a disappointing end to last week, a lot of investors were hoping for a bounce to start this week, but so far that has not materialized.  As I write this article, all the big markets in Asia are down, and it looks like it is going be be a rough morning for Wall Street.  Of course we probably won't see too much movement as global markets wait to see what happens on Tuesday, and those results could potentially move things up or down substantially.  Ultimately, I have a feeling that Wall Street will not be too happy if control of Congress is divided, because that would almost certainly mean that very little will get accomplished in Washington for the next two years.  Instead, we will likely see even more bickering and fighting than we are seeing now.

But no matter what happens in the short-term, a lot of experts are convinced that the big market crash that everyone has been waiting for is finally here.

One of those experts is David Stockman.

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