👉Global Markets Crashing    5 Trillions Gone in Smoke    Fastest Collapse In History !!
Channel: GeoStar TV
Date: 2020-03-06

The global markets are all in freefall this Friday .$5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History.
Investors are on the retreat worldwide as fears of the virus deepen. The plunge in global equities has wiped out more than $5 trillion in value, or equivalent to nearly Japan's annual GDP. And this is only the beginning.
1929 will be considered childsplay compared to what's coming.
Supply chains are starting to falter, and tourists are staying home. The virus is also sparking the sell-off of pandemic bonds. As the business community struggles to predict the virus' economic fallout, observers warn the virus could be the final blow that throws the world economy into recession. Global investors aren't waiting for economic data to hit to see how bad things have gotten since the virus has sent China into economic paralysis. They are selling first and asking questions later. The Dow Jones had its worst one day point drop in history, tumbling almost four and a half percent. That sentiment spilled over to Asia with Tokyo's Nikkei shedding 3 points 6 percent today. And Hong Kong's Hang Seng also closed down 2 points 4 percent.
It takes a long time and much effort to roll a snowball to the top of a hill, but when you finally get it rolling down the other side, it can only get bigger, and there is no stopping it. Welcome to the stock market snowball from hell.


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