Why the Global Financial Meltdown Happened and How to Deal With It

On Monday August 24th, the U.S. Dow Jones Industrial Average plummeted 1000 points within five minutes of opening the New York Stock Exchange. The loss of 1000 points hasn’t been seen since the 2008 stock market crash. It happened amid China’s action of devaluing its own currency, the Yuan.

The Dow would recover to -588 points by the end of the day.We have edited this post with an excerpt from Dollar Vigilante’s latest article about the upcoming Shemitah:

Source: Dollar Vigilante | “On July 14th we released a video called “SHEMITAH EXPOSED: Financial Crisis Planned For September 2015“. On July 15th I put out a one sentence blog with the video attached saying, “The Most Important 30 Minutes Of Your Life Starts Now…”.

Since then, at least 20 major stock markets around the world have crashed and the NYSE saw its biggest one day point drop in history.

Some, who paid attention, have already made a fortune as one of our recommendations rose 4,500% in three days in late August.

Since then, I wrote the book, “Shemitah Trends – The Plot to Enslave Humanity and How To Find Freedom”.

It was featured prominently in Times Square in New York yesterday…”

[Sources not mentioned in the following article, are found below at the bottom of this post]

“Black Monday” as it was called, has been linked by several outlets as being a direct result of China devaluing its own currency, and was the greatest slump seen in over four years.

China did this last week and claimed it was an action of self-preservation, in which doing so allowed greater competition for their exports. This action would cause a massive-selloff that would cause the economies of Australia, Qatar, the United States, China and Saudi Arabia to experience some implosion – mirroring the 2008 Housing Bubble burst.

Luke Rudkowski also traveled to Japan to reveal the reality that the Japanese people have been enslaved by their shaky economic house of cards. U.S. territory Puerto Rico also suffered economic destabilization around the time of Greece’s austerity vote.

China’s government acted quickly to prop up the sliding of markets by using pension funds – China’s market is still slumping as of writing.

The privately owned Federal Reserve’s policies, of “Quantitative Easing” and keeping interest rates officially low are coming to an abrupt end. It was reported several weeks ago that “central banks” are “losing control”.

We have proven that any country that attempts to remove the global hegemony of the United States – it will be overthrown, economically devastated or completely destabilized. This happened last year when Saudi Arabia and the US gutted the Russian Ruble, but now the action is having unintended affects.

The 2008 crash has been directly linked to banker’s policies and incidentally these were chosen on purpose; the fact that the same bankers were paid billions after via the “bail-outs” shows the reality we’re in.

Let’s call it as it is: The ponzi scheme is up.

Broadcaster Max Keiser did an interview with Luke and stated that the fake economy will crash again – the two discuss the evidence and reality in this video. Below you will find another video detailing the truth of our economy, and how it will not last forever.

Our latest video at the top of this article, reveals what we can do to mitigate this economic chaos.

This is a time that we may reflect back upon for decades to come, this is the “crunch time” that many have speculated upon for many years now. It appears to me personally, that the 100 year bubble of fiat currency is finally going to burst. What a time to be alive.

By Alec Cope | We Are Change