by Justin Spittler
Two of the biggest names in investing agree with what we’ve been saying for months…
The world is racing toward a full-blown financial crisis.
As Dispatch readers know, Great Britain voted to leave the European Union (EU) on June 23. The historic event, which the media is calling the “Brexit,” rattled financial markets from Tokyo to New York.
It triggered a worldwide selloff that erased $2.1 trillion from global stocks on Friday, June 24. It was the worst day in history for the global stock market. The panic spilled over into Monday when another $930 billion in value vanished from the global stock market.
Then, stocks rallied.