With the potential for a blood moons financial collapse this fall, you are probably concerned about preparing yourself for it—and preparing your finances in particular. It is quite interesting when we examine the past to see some of the potential outcomes that could occur this year. Scholars have observed a pattern of economic crashes that have occurred with regularity. Recent financial cycles have worked on a seven-year cycle:
It started in 1966 with a 20 percent stock market crash.
Seven years later, the market lost another 45 percent (1973-74).
Seven years later was the beginning of the “hard recession” (1980).
Seven years later was the Black Monday crash of 1987.
Seven years later was the bond market crash of 1994.
Seven years later was 9/11 and the 2001 tech bubble collapse.
Seven years later was the 2008 global financial collapse.
2015: What’s next?
These cycles have brought us a wide variety of unique economic events: the Arab oil embargo, the Savings & Loan crisis, Black Monday, the 1994 bond massacre, the 2001 NASDAQ crash and the 2008 financial collapse. But what is similar is that each financial crisis occurred following a seven-year pattern. FULL REPORT