A 918 Point Stock Market Crash In Japan And Deutsche Bank Denies That It Is About To Collapse

On Tuesday junk bonds continued to crash, the price of oil briefly dipped below 28 dollars a barrel, Deutsche Bank was forced to deny that it is on the verge of collapse, but the biggest news was what happened in Japan.  The Nikkei was down a staggering 918 points, but that stock crash made very few headlines in the western world.  If the Dow had crashed 918 points today, that would have been the largest single day point crash in all of U.S. history.  So what just happened in Japan is a really big deal.  The Nikkei is now down 23.1 percent from the peak of the market, and that places it solidly in bear market territory.  Overall, a total of 16.5 trillion dollars of global stock market wealth has been wiped out since the middle of 2015.  As I stated yesterday, this is what a global financial crisis looks like. (Read More....)

Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here

There is so much chaos going on that I don’t even know where to start.  For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is finally unfolding.  Let’s start with Deutsche Bank.  The stock of the most important bank in the “strongest economy in Europe” plunged another 8 percent on Monday, and it is now hovering just above the all-time record low that was set during the last financial crisis.  Overall, the stock price is now down a staggering 36 percent since 2016 began, and Deutsche Bank credit default swaps are going parabolic.  Of course my readers were alerted to major problems at Deutsche Bank all the way back in September, and now the endgame is playing out.  In addition to Deutsche Bank, the list of other “too big to fail” banks in Europe that appear to be in very serious trouble includes Commerzbank, Credit Suisse, HSBC and BNP Paribas.  Just about every major bank in Italy could fall on that list as well, and Greek bank stocks lost close to a quarter of their value on Monday alone.  Financial Armageddon has come to Europe, and the entire planet is going to feel the pain. (Read More....)

Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015

Do you remember how much stocks went down when the first dot-com bubble burst?  Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015.  On Friday, the tech-heavy Nasdaq dropped to its lowest level in more than 15 months, and it has now fallen more than 16 percent from the peak of the market.  But of course some of the biggest names have fallen much more than that.  Netflix is down 37 percent, Yahoo is down 39 percent, LinkedIn is down 60 percent, and Twitter is down more than 70 percent.  If you go back through my previous articles, you will find that I specifically warned about Twitter again and again.  Irrational financial bubbles like this always burst eventually, and many investors that got in at the very top are now losing extraordinary amounts of money. (Read More....)

Los Angeles Police Urge Residents ‘To Protect Themselves’ As Violent Crime Skyrockets

All over America, rates of violent crime are absolutely soaring.  As you will see below, violent crime overall shot up by 20 percent in Los Angeles last year, and the police are telling people that “they need to be able to protect themselves” because the police may not be able to get there in time when they call.  Thanks to deep budget cuts, police departments across the nation are already severely undermanned, and our major cities are now seeing crime rates increase at a pace that we have not seen in ages.  In a previous article, I encouraged my readers to focus on the five basics of preparation – food, water, shelter, energy and self-defense.  Of those five, it is often self-defense that is the most neglected.  When bad people break into your house in the middle of the night intending to do bad things, what are you going to do?  Many of us have not had to think about that for a long time, but now conditions are rapidly changing in America. (Read More....)

Why Is Obama Flooding Small Towns In The Most Conservative Parts Of America With Refugees?

Why are small towns in conservative states being specifically targeted for refugee resettlement?  Of course the Obama administration will never publicly admit that this is happening, but it doesn’t take a genius to figure out what is going on.  Just look at the uproar that refugee resettlement is now causing in small communities in Idaho, Montana, North Dakota and Kansas.  The Obama administration has deemed large cities such as Washington D.C. to be “too expensive” for the refugees, and so large numbers of them are being dispersed throughout smaller communities all over the nation.  If you drop a few hundred refugees into a major city of several million people, it isn’t going to make much of a difference.  But if you drop a few hundred refugees into a small town that has only a few thousand people living there, you can start to fundamentally alter the character of the whole area.  Could it be possible that this is yet another way that Barack Obama is attempting to “fundamentally transform” America? (Read More....)

Suicide Epidemic: Why Does The Number Of People Killing Themselves Just Keep Going Up?

Did you know that more Americans now die from suicide than are killed in car crashes each year?  According to the CDC, there has been a substantial spike in suicide deaths in the United States in recent years.  Today, approximately 9.3 million Americans admit to having suicidal thoughts, and approximately 2.7 million Americans each year actually make a plan for how they would commit suicide.  We are a deeply, deeply unhappy nation, but of course this phenomenon is not just limited to America.  According to the World Health Organization, suicide is now the third highest cause of death in the entire world.  Globally, suicide rates have soared by 60 percent over the past 45 years, and the WHO is now projecting that by the year 2020 someone will be committing suicide somewhere in the world every 20 seconds. (Read More...)

World War III Starts In The Middle East? Saudi Arabia And Turkey Consider A Ground Invasion Of Syria

Are Saudi Arabia and Turkey about to send ground troops into Syria?  If so, how will Russia, Iran and the Syrian government respond?  In 2016, Syria has become ground zero for a conflict that has been raging for centuries.  For more than a thousand years, the Sunnis and the Shiites have been wrestling with one another for control of the Middle East.  Saudi Arabia, Turkey and other Sunni nations had hoped to turn Syria into a Sunni nation, and for years they have been funding and arming ISIS and other Sunni insurgent groups in an attempt to overthrow the Assad regime.  Initially the Assad regime was losing quite a bit of ground, but the tide turned once the Syrians invited the Russians and the Iranians to help them.  Of course the Iranians have their own long-term goals.  Once Assad leaves power, the Iranians hope to turn Syria into a truly Shiite nation that is run and dominated by Hezbollah.  At this moment, the Sunnis and losing and the Shiites are winning.  Relentless Russian airstrikes have enabled Syrian, Iranian and Hezbollah ground forces to advance, and now they have surrounded Aleppo.  Before the war Aleppo was the largest city in Syria, and if it falls, the war will be very close to over. (Read More...)

ISIS Plot To Shoot Up A Detroit Megachurch Revealed As ‘Christianophobia’ Spreads Across America

If you are a Christian, you better brace yourself for great persecution. It has gotten very little attention from the mainstream media, but federal authorities have uncovered an ISIS plot to “shoot up” a Detroit megachurch. 21-year-old Khalil Abu-Rayyan of Dearborn Heights, Michigan told authorities that he actually intended to take a gun into a very large church in Detroit that can seat up to 6,000 people and start killing Christians. He has been charged with supporting the Islamic States and with “illegally having a firearm while using a controlled substance”. Abu-Rayyan actually admitted that since he can’t be part of the jihad in the Middle East, that he would “do my jihad over here”.  As I have warned so many times before, ISIS terrorists are already here, and what we have seen so far is just the beginning. (Read More...)

The Rapture, Donald Trump, Hillary Clinton And 50 Other Excuses People Use For Not Prepping

Have you ever come away discouraged after trying to talk about prepping with friends or family members that just don’t seem to be interested?  Over the years, I have heard countless excuses from people for why they aren’t getting prepared for what is about to happen to America.  Some of the excuses, like a lack of money, are definitely legitimate.  But in many other instances, the objections don’t seem to make a lot of sense.  In America today, most people let others do most of their thinking for them.  And in general, our political, religious and cultural leaders are telling Americans that there really is no reason to be overly concerned about the future.  They assure us that they have everything under control, and that life is only going to get better in the years ahead.  Bad beliefs lead to bad decisions which in turn lead to bad actions, and most Americans have chosen to believe what the elite are telling them at this point.  As a result, only a small fraction of society is getting physically, mentally, emotionally and spiritually prepared for the exceedingly hard times that are rapidly approaching.  The following are 53 common excuses that people like to use for not prepping… (Read More....)

The American Dream Is Dead, And Now Even The Mainstream Media Is Starting To Admit It

Are you living “the American Dream”?  If so, you should consider yourself to be very fortunate, because most Americans are not.  In fact, as you will see below, a new survey has found that there is nowhere on the entire planet where the average wage earner is making enough money to live “the American Dream”.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now the middle class makes up a minority of the population, 51 percent of all American workers make less than $30,000 a year, and poverty is growing rapidly.  The American Dream is essentially dead, and even the mainstream media is starting to figure this out. (Read More...)

Disaster For Donald Trump In Iowa And The Probability Of A Brokered Convention Just Went Way Up

This isn’t how it was supposed to go for Donald Trump. Iowa was supposed to be the first in a series of convincing wins that would cement his status as the inevitable nominee of the Republican Party. But instead, Iowa dealt a very serious blow to Trump’s candidacy, and it threw the race for the Republican nomination wide open. Of course Trump is far from dead, but now New Hampshire becomes a must win for him. If Trump does not win in New Hampshire where he is heavily favored, he will be 0-2 and it will send the political sharks in the Republican Party into a feeding frenzy. As I will explain below, Trump needs to win at least 60 percent of the delegates before the convention to secure the nomination, and as I write this tonight it appears to be extremely doubtful that he will be able to do that. If he can only pull in 24 percent of the vote in Iowa, then he definitely does not have the overwhelming momentum that many people believed that he had. (Read More...)

Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country.  It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016.  As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses.  This is especially true in areas that are on the lower portion of the income scale.  In impoverished urban centers all over the nation, it is not uncommon to find entire malls that have now been completely abandoned.  It has been estimated that there is about a billion square feet of retail space sitting empty in this country, and this crisis is only going to get worse as the retail apocalypse accelerates. (Read More...)

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This Is What A Financial Crisis Looks Like

Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street.  Funds run by Third Avenue Management and Stone Lion Capital Partners have suspended payments to investors, and a fund run by Lucidus Capital Partners has liquidated its entire portfolio.  We are witnessing a race for the exits unlike anything that we have seen since the great financial crash of 2008, and many of those that choose to hesitate are going to end up getting totally wiped out.  In case you are wondering, this is what a financial crisis looks like.  In 2008, other global stock markets started to tumble, then junk bonds began to crash, and finally U.S. stocks followed.  The exact same pattern is playing out again, and the carnage that we have seen so far is just the tip of the iceberg. (Read More....)

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