This Was the Worst Week for the Stock Market Since 2008, and “Jobless Filings Are Growing Geometrically”

by Michael Snyder
The Economic Collapse Blog

Just a few weeks ago everything seemed completely normal to most people, but now fear of the coronavirus has caused U.S. stock prices to absolutely implode. The stock market crash of 2020 will forever be mentioned alongside the crashes of 1929, 1987 and 2008, and by the time it is over it could potentially end up being the largest of them all. Close to a third of all stock market wealth in the entire country has already been wiped out, and many experts are warning that the worst is yet to come. Of course the authorities are going to do their very best to try to prop up the market, but despite the most dramatic intervention by the Federal Reserve that we have ever witnessed, U.S. stocks just had their worst week since 2008…

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