If you enjoy watching financial doom, you are quite likely to really enjoy the rest of 2012. Right now, red flags are popping up all over the place. Corporate insiders are selling off stock like there is no tomorrow, major economies all over Europe continue to implode, the IMF is warning that the eurozone could actually break up, and there are signs of trouble at major banks all over the planet.
Unfortunately, it looks like the period of relative stability that global financial markets have been enjoying is about to come to an end. A whole host of problems that have been festering just below the surface are starting to manifest, and we are beginning to see the ingredients for a "perfect storm" start to come together.
The greatest global debt bubble in human history is showing signs that it is getting ready to burst, and when that happens, the consequences are going to be absolutely horrific. Hopefully, we still have at least a little bit more time before the global financial system implodes. But at this point, it doesn’t look like anything is going to be able to stop the chaos that is on the horizon.
The following are 22 red flags that indicate that very serious doom is coming for global financial markets...
Read full article...
More on the economy:
Where to find economic data you can trust
Jim Rogers: The stock market could be in serious trouble
Forget next year's "fiscal cliff"... Another big shock could be coming much sooner