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The Shemitah is here: Stock markets crashing in 10 large nations around the world

Economic collapse

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(NaturalNews) Has the world's financial order already begun to collapse and people are just not aware of it? If you believe the current trends of ten of the world's largest stock markets, you might be convinced that this is the case.

As noted by The Economic Collapse Blog, these ten markets are losing value simultaneously, but so far the mainstream media has yet to notice or has simply opted not to treat it like it's any big deal.

As the blog notes, however, it certainly is a big deal. In fact, some think it is tied to Shemitah, a "day of reckoning" for the United States and much of the developed world.

Whatever it is, it is clear that markets are losing ground pretty quickly.

"Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary 'bump in the road' and that the bull market will soon resume," says The Economic Collapse Blog. "Hopefully they are right."

Let's take a look at the ten biggest market declines in recent months, as compiled by The Economic Collapse Blog:

  • The United States: The Dow Jones Industrial Average has plummeted more than 2,000 points since its trading zenith. In August, the DJIA declined by some 500 points on back-to-back trading days for the first time in the index's history. There hasn't been this much unrest in U.S. markets since the fall of 2008.
  • China: The Shanghai Composite Index has crumbled some 40 percent since hitting a peak earlier this year. At the same time, the Chinese economy is slowing dramatically, with Chinese manufacturing now at a 78-month low.
  • Japan: Asia's second-largest economy has also taken a hit. The Nikkei Average has undergone some violent moves recently, having fallen some 3,000 points from its pinnacle earlier this year. In sum, Japanese markets resemble the overall Japanese economy's poor performance. It doesn't look like it would take much to tip Japan over the edge into a full-fledged financial collapse. The country is mired in debt, just like the U.S.
  • Germany: Nearly one-fourth of German stock values have been decimated, and the crash there threatens to deepen. The Volkswagen scandal won't help, and there is much trouble brewing at Germany's biggest bank.
  • Great Britain: The UK has not avoided market damage. British stocks have nosedived some 16 percent from their peak, and the UK economy continues to struggle as well.
  • France: French stocks have declined about 18 percent and it has become clear that Paris is traveling down the same economic path as nearby Greece.
  • Brazil: The largest country and economy in South America is at the epicenter of that continent's 2015 financial crisis. As the U.S. dollar has steadily gained strength in recent months, other currencies have struggled to keep up, and that includes Brazil's currency, the real, which hit a 12-year low in late July.
  • Italy: This could be the next European economy to tank. Italian stocks have dropped off some 15 percent this year already and are poised to drop even further, according to some experts.
  • India: Elsewhere in Asia, the Indian economy is also taking a hit, with Indian stocks having fallen some 4,000 points as its exports continue to contract in a slowing global economy.
  • Russia: With oil's collapse in price and U.S./EU sanctions over Moscow's meddling in Ukraine, the Russian economy has taken big hits. However, The Economic Collapse Blog notes that Russia is probably in better shape than any other nation on this list. Russian stocks have only dropped about 10 percent. However, oil is the country's primary source of income, so if oil prices continue to slide or remain low, the Russian economy will suffer more.

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