Global Financial Crisis Underway ???

Oil prices have continued into their third day of decline as US stocks plunge at the fastest rate since 2016.

The US benchmark West Texas intermediate dropped 0.76 per cent to $63.66 a barrel for March. Global benchmark Brent Crude fell 0.89 per cent for April to $67.02 a barrel.

On Monday, the Dow Jones Industrial Average plummeted, 1,175 points – or 4.60 per cent – erasing virtually a year’s worth of gains.

The S&P 500 Index followed suit with a 4.10 per cent drop, while the Nasdaq dropped 3.78 per cent.

The Dow, which had repeatedly broken records since the 2016 US election, had fallen more than 600 points on Friday.

Monday’s drop marks its worst performance since 2008, leading some to wonder if global markets are seeing the type of freefall which followed the sub-prime mortgage crisis 10 years ago.

That led to a financial crisis which the world economy is only now starting to recover from.

The sudden resurgence of volatility in American equity markets has rattled Asia and Europe as commodity trading has also been adversely affected.

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Don't you think it odd that right after the FISA memo reveals the perfidy of the deep state the financial markets start to crash? Why should the possibility that FBI criminals and their enablers might be brought to justice have ANY impact on markets, other than up?

President Trump called Democrats traitors, but the US Constitution has a very narrow definition of treason (see http://constitutionus.com/#a3s3). Perhaps it does not apply to Democrats, but it ought to give us pause that they appear to be eager to destroy our nation's economy if that's what it takes to force Trump out of office. Just whose side are they on?