MoneyNews: Scientist Predicts 60% Market Collapse

Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption. And he is predicting a 60% stock market collapse will strike in the next three months.

Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.

His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” 

Martenson’s research suggests that the stock market has patterns, as seen in the above chart.

This proven pattern suggests the market goes through three common “tops.”

The first “top” was in 1999, followed by a 60% market decline. The second “top” was in 2007, again followed by a 60% market plunge. And a third top has now formed, and a 60% stock market drop is inevitable - and it could strike at any moment.

Unfortunately, Martenson is not the only economist predicting a massive, historic meltdown.  In fact, his figures are conservative compared to other experts in his field.

In a recent interview, Robert Wiedemer — an economist best known for correctly predicting the collapse of the U.S. housing market of 2006 and the stock market collapse of 2008 — provides disturbing evidence for 50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting this year.

When the host of the interview expressed disbelief in Wiedemer’s claims, he calmly displayed five indisputable charts to back up his predictions. Wiedemer says the blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Fed Chairman Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.

At one point in the interview, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”

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