Sell everything! 2016 will be a ‘cataclysmic year,’ warns RBS

Jan 14, 2016 | Archives, Globally

Many reports with a similar “tone” as this one are headlining the news and worldwide media, showing the global crisis that we are headed for…

“That harrowing advice is from The Royal Bank of Scotland, which has warned of a “cataclysmic year” ahead for markets and advised clients to head for the exit. Do not wait. Do not pass go.

He said the bank’s red flags for 2016 — falling oil, volatility in China, shrinking world trade, rising debt, weak corporate loans and deflation — had all been seen in just the first week of trading.

The world is in a global recession, Roberts wrote…”

[FULL Article – CNN.com 1/12/16]

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