2008 on Steroids: Global Financial Reset, Millions of Retirements at Risk
What’s coming up is gonna destroy millions—tens of millions—of retirees’ retirements if they are not careful,” warns Chris Vermeulen – TheTechnicalTraders.com.
In an interview with Daniela Cambone, he lays out a highly bearish outlook for financial markets, forecasting a severe economic downturn that he believes could rival or surpass the 2008 financial crisis.
“To me, it looks like a stage four, which is a financial reset—kind of like the tech bubble, the 2008 financial crisis.”
Vermeulen predicts the S&P 500 could decline by as much as 47–55%, echoing the scale of past collapses. He also sees gold as a critical indicator of systemic risk and growing investor fear. “We’re seeing a big movement into gold because you’re getting out of the financial system. You’re holding physical assets.” Watch the full video to learn how you can better protect your portfolio.
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