In a recent update I gave six signs of an impending crash. Just today we have a number of those signs starting to hit.

Despite a $486 billion fund to prop up its market, China's stocks sunk another 8.5% on Monday – the biggest one-day drop since 2007.

This is following a 35% crash into early July. Now, after bouncing back up to 4,200, the Shanghai Composite is down to 3,750. If it falls another 10% to below its recent low of 3,374, that will be the decisive blow – for us and them.

I say this because China is my No. 1 indicator for a global market crash.

If – not, when! – its stock bubble continues to burst, real estate will be on its heels. Because China owns so damn much of it, falling real estate prices will be the single biggest trigger for the global markets.

Europe's in bad shape too.

Read more: http://economyandmarkets.com/economy/forecasts/situation-critical-everythings-starting-to-crash/#ixzz3hFcKpctw