Are we about to have another financial crash?

"Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point."

There are some other indicators if you know where to look, Housing Markets, Energy Markets, and Commodities Market to give the main areas.  Look at the cost of fuels related to the oil price index and also the cost of grain for livestock feed.  What I've been seeing isn't very reassuring.