European Space Agency warns: China's Tiangong-1 space station 'will crash into Earth over Easter' possibly hitting populated areas- by Harry Pettit

China's out of control space station Tiangong-1 to crash on earth

China's out-of-control space station will crash into Earth this coming Easter weekend, according to the European Space Agency.

The agency's Space Debris Office has said Tiangong-1 will hit somewhere across our planet's northern hemisphere between March 30 and April 2.

Previous estimates suggested the rogue station, China's out of Cwhich is carrying highly toxic chemicals, would enter Earth's orbit on April 3.

According to experts tracking the station, it has the highest chance of crashing along a narrow strip around latitudes of 43 degrees north and south.

The ESA said crash date estimates were 'highly variable' and that its experts would be offering revised forecasts every couple of days.

'At no time will a precise time/location prediction from ESA be possible,' the agency's Space Debris Office, based in Darmstadt, Germany, said in a statement.

The doomed 8.5-tonne craft has been hurtling towards Earth since Chinese scientists lost control of it in 2016.

Experts believe most of Tiangong-1 will burn up upon reentry, but shards as large as 100kg (220lbs) could strike Earth.

Scientist believe that even in 'high risk' areas, the chance of being struck by Tiangong-1 debris is about one million times smaller than the odds of winning the Powerball jack. 

However, there is a chance parts of the station containing hazardous hydrazine could plummet into a highly-populated area.

Following Cities are listed as potential crash sites:

Barcelona	Spain	Milwaukee	USA
Beijing	China	Monaco	Monaco
Bilbao	Spain	Naples	Italy
Boise	USA	New York	USA
Boston	USA	Nice	France
Boulder	USA	Philadelphia	USA
Buffalo	USA	Pittsburgh	USA
Cannes	France	Punta Arenas	Chile
Chicago	USA	Rochester	USA
Christchurch	New Zealand	Rome	Italy
Cleveland	USA	Salt Lake City	Spain
Concord	USA	San Sebastian	Spain
Des Moines	USA	Sapporo	Japan
Detroit	USA	Sioux Falls	USA
Florence	Italy	Sochi	Russia
Istanbul	Turkey	Stanley	Falkland Islands
Kushiro	Japan	Toronto	Canada
Madrid	Spain	Trelew	Argentina
Marseilles	France	Valladolid	Spain

Read more: China's Tiangong-1 space station 'will crash into Earth over Easter' | Daily Mail On

EU Economy: To Avoid A 2016 Crash, The Major Powers Need To Pull In The Same Direction - by Anton Muscatelli

It looks already as if 2016 will be a pivotal year for the world economy. RBS has advised investors to “sell everything except for high-quality bonds” as turmoil has returned to stock markets. The Dow Jones and S&Pindices have fallen by more than 6% since the start of the year, which is the worst ever yearly start. There is a similar story in other major markets, with the FTSE leading companies losing some £72bn of value in the same period.

 These declines have come on the back of a major shock to the Chinese stock market. China’s stock exchange is very different from that of other major economies, as Chinese companies don’t rely on it to fund themselves to the same extent, using debt instead. All the same, the repeated suspensions of trading as the Chinese circuit-breakers came into operation (as they do when share prices fall too sharply) spooked investors around the world.

 On top of that we are seeing commodity prices continuing to retreat. Oil prices have dropped towards $30 per barrel and don’t look likely to increase soon, with Iranian and Saudi oil production continuing to sustain supply. We are seeing many emerging economies dependent on petroleum revenues suffering (Brazil, Russia), and there is speculation that many oil producers (and perhaps even Saudi Arabia) are having to abandon their currencies’ link with the US dollar.

 It would be good if, in 2016, we began to see greater macroeconomic cooperation between the G20. In an ideal world, the G20 economies would seek to share out the effort of sustaining world demand through targeted public investments designed to restore business and consumer confidence. We saw this very briefly immediately after the financial crisis. Since 2009 there have been no attempts to act collectively on fiscal policy. Those days seem unfortunately very distant now.

Read more: To Avoid A 2016 Crash, The Major Powers Need To Pull In The Same Direction

Stock Markets Warning: Stocks Will Plunge by 50% this year

t is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.

“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it."

Unfortunately Spitznagel isn’t alone.

“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.”

Faber doesn’t hesitate to put the blame squarely on President Obama’s big government policies and the Federal Reserve’s risky low-rate policies, which, he says, “penalize the income earners, the savers who save, your parents — why should your parents be forced to speculate in stocks and in real estate and everything under the sun?”

Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment.

So with an inevitable crash looming, what are Main Street investors to do?

One option is to sell all your stocks and stuff your money under the mattress, and another option is to risk everything and ride out the storm.

But according to Sean Hyman, founder of Absolute Profits, there is a third option.

“There are specific sectors of the market that are all but guaranteed to perform well during the next few months,” Hyman explains. “Getting out of stocks now could be costly.”

Read more: Warning: Stocks Will Collapse by 50