The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis

The Economic Collapse Of South America Is Well Underway

The 7th largest economy on the entire planet is completely imploding. I have written previously about the economic depression that is plaguing Brazil, but since my last article it has gotten much, much worse. During 2015, Brazil’s economy shrank by 3.8 percent, but for the most recent quarter the decline was 5.89 percent on a year over year basis. Unemployment is rising rapidly, the inflation rate is up over 10 percent, and Brazilian currency has lost 24 percent of its value compared to the U.S. dollar over the past 12 months. (Read More....)

If You Don’t Warn The People, Their Blood Could Be On Your Hands

Why are so few voices warning the people about what is coming? We stand at the door of a period of distress that will be unlike anything that any of us have ever known before. And even though the signs are all around us, very few individuals appear to be willing to stand up and sound the alarm. Instead, there seems to be a large number of people that are quite eager to criticize the watchmen. Earlier today, I was having a conversation with a very prominent voice in the alternative media, and we were reflecting on this. There are so many individuals out there that love to shoot arrows at those that are sounding the alarm, and yet they are doing so little to make a difference themselves. (Read More....)

Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy

We haven’t seen numbers like these since the last global recession. I recently wrote about how global trade is imploding all over the planet, and the same thing is true when it comes to manufacturing. We just learned that manufacturing in China has now been contracting for seven months in a row, and as you will see below, U.S. manufacturing is facing “its toughest period since the global financial crisis”. Yes, global stocks have bounced back a bit after experiencing dramatic declines during January and the first part of February, and this is something that investors are very happy about. But that does not mean that the crisis is over. All bear markets have their ups and downs, and this one will not be any different. Meanwhile, the cold, hard economic numbers that keep coming in are absolutely screaming that a new global recession is here. (Read More....)

WW3: Fighters From Turkey Are Pouring Into Syria And Attacking Targets Despite The Ceasefire

The ceasefire in Syria is a joke. Turkish military units continue to mass along the border, and militants are pouring across the border to attack targets in northern Syria. The Prime Minister of Turkey is now openly admitting that his government is supporting the militants that are trying to overthrow the Syrian government, and the Turkish government has also made it abundantly clear that they have no plans to stop shelling the Kurds on the other side of the border. So despite the “ceasefire”, the truth is that the threat of World War 3 breaking out in the Middle East is greater than ever. (Read More....)

Cities Of Refuge: Why Are People Creating Hundreds Of Places Of Refuge All Over America?

All over the United States, cities of refuge are being created. Now when I say “cities”, I don’t mean vast areas of land that can hold hundreds of thousands or millions of people. Rather, I am talking about much smaller places of refuge that can accommodate dozens or hundreds of people. In a few cases, I know of places of refuge that will be able to take in thousands of people, but that is about as big as they get. There are individuals all across America that have specifically felt called to build communities where large numbers of people will be able to gather when society totally collapses. So why is this happening? Why do so many people feel such an urgency to create cities of refuge that would presumably never be used if we don’t ever see full-blown societal breakdown? (Read More....)

Take This Test To See If Most Americans Would Consider You To Be A ‘Religious Extremist’

Are you a religious extremist? For years, world leaders have been endlessly proclaiming that we need to eradicate “extremism”, but what actually is “extremism”? Many would point to the ISIS jihadists over in the Middle East that are beheading people that don’t agree with them as examples of religious extremists, and I think that very few people would argue with that. But our politicians (especially the liberal ones) rarely use the term “Islamic terrorists” anymore. Instead, they tend to use the term “religious extremists”, and that has a much, much broader connotation. In fact, if you are a Bible-believing Christian, you are probably included in that category. (Read More...)

49 Countries Met In Brussels Earlier This Month To Discuss A Ground Invasion Of Syria

Have the U.S government, Saudi Arabia and their allies been secretly plotting a massive ground invasion of Syria? Earlier this month, defense ministers from 49 countries gathered at NATO headquarters in Brussels, Belgium to talk about what to do in Syria. As you will see below, Saudi Arabia’s defense minister is now admitting that a ground invasion was discussed at this meeting. Of course the goal of any invasion would be regime change in Syria, and that is something that the Syrian army, Iran, Hezbollah and Russia are simply not going to allow. So what the U.S. government, Saudi Arabia and their allies are contemplating could literally be the spark that sets off World War III. (Read More...)

Mitt Romney To Enter The Race? The Establishment’s Secret Plan B To Steal The Nomination From Trump

Is Mitt Romney about to enter the race for the Republican nomination? As I have written about repeatedly, the Republican establishment is absolutely desperate to keep Donald Trump out of the White House. If it comes to it, they will move heaven and earth to make sure that he is defeated – even if that means Hillary Clinton wins the election. Right now, Trump has won three of the first four contests on the schedule, and he is projected to win almost every state on Super Tuesday. This would put him on a clear path toward winning the nomination, and so establishment insiders are in full-blown panic mode. At this point, two different plans are being put forward for how to proceed if Trump continues to roll. One is to have Marco Rubio exit the race so that Mitt Romney can run against Trump, and the other is to run a third party candidate against Trump and Clinton in the fall. (Read More...)

13 Bald Eagles Found Dead In Maryland Related To The Death Of Justice Scalia On February 13th?

It is a fact that Supreme Court Justice Antonin Scalia died on February 13th. It is also a fact that 13 bald eagles were found dead near Federalsburg, Maryland this past weekend. Could it be possible that those two events are related? The bald eagle is both the national bird and the national animal of the United States, and it appears on our Great Seal. And of course there were 13 states when the U.S. Constitution was originally ratified, and Maryland was one of those states. So some are suggesting that these 13 dead bald eagles are a sign that the death of Supreme Court Justice Antonin Scalia represented the beginning of the end for the U.S. Constitution. Others are suggesting that they may be a sign of the death of America as a whole. When I first heard about this mass death of bald eagles I didn’t think too much of it, but the more I looked into it, the more amazing the supposed “coincidences” became. (Read More...)

100 Foot Asteroid Could Pass Earth 20 Times Closer Than The Moon At 34,000 MPH On March 7th

Did you know that a huge asteroid is scheduled to make a “close shave” with our planet on March 7th? This asteroid is known as “2013 TX68″, and it is estimated to be anywhere from 80 to 170 feet in length. Most news reports are saying that it is 100 feet long. Scientists are telling us that they are not certain exactly how close this giant space rock will come, and that is rather unsettling. They say that it could come within roughly 1/20th the distance from the Earth to the moon, or that it could pass by millions of miles away. Because the orbit of this huge asteroid is unpredictable, they tell us that they don’t really know what will happen, but they insist that it will not hit us. If it does pass us at 1/20th the distance from the Earth to the moon, that would be about half as far up as many of our communications satellites. That would be incredibly close, and many are wondering what may happen if our scientists are just slightly off in their calculations. (Read More...)

Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores

Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction“. Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, I wrote about the “retail apocalypse” that is sweeping the nation, but since then it has gotten even worse. Closing stores has become the “hot new trend” in the retail world, and “space available” signs are going up in mall windows all over the United States. Barack Obama can continue huffing and puffing about how well the middle class is doing all he wants, but the truth is that the cold, hard numbers that retailers are reporting tell an entirely different story. (Read More....)

The Subprime Auto Loan Meltdown Is Here

Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was fueled in large part by customers with subprime credit. According to Equifax, an astounding 23.5 percent of all new auto loans were made to subprime borrowers in 2015. At this point, there is a total of somewhere around $200 billion in subprime auto loans floating around out there, and many of these loans have been “repackaged” and sold to investors. I know – all of this sounds a little too close for comfort to what happened with subprime mortgages the last time around. We never seem to learn from our mistakes, and a lot of investors are going to end up paying the price. (Read More....)

Recession 2016: In Some States, A Very Deep Economic Downturn Has Already Arrived

Did you know that there are some U.S. states that have already officially fallen into recession? Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain. In particular, any state that is heavily dependent on the energy industry is hurting right now. During the years immediately following the last recession, the energy industry was the primary engine for the growth of good paying jobs in America, but now that process is completely reversing. All over the U.S. energy companies are going under, and thousands upon thousands of good jobs are being lost. (Read More....)

100 Foot Asteroid Could Pass Earth 20 Times Closer Than The Moon At 34,000 MPH On March 7th

False Flags To Be Used To Justify A Massive Ground Invasion Of Syria?

Throughout history, governments have staged attacks on their own people in order to place the blame on their enemies. These kinds of attacks are known as “false flags”, and they are often used to justify military action. As I will explain below, it appears that we may have just seen a “false flag” attack in Turkey. The Turks needed justification for bombarding the Kurds in northern Syria, and right on cue there was a “terror attack” in Ankara. During the weeks to come, will we see more “false flag” attacks that will be used to justify a full-blown ground invasion of Syria? (Read More...)

Turkey Is Asking The United States To Take Part In A Ground Invasion Of Syria

Reuters is reporting that Turkey is asking the United States and other western allies to participate in a massive ground invasion of Syria. But of course the Turks are not exactly sitting around and waiting for their western allies to get on board. Turkey shelled northern Syria for a fourth consecutive day on Tuesday, even though the Obama administration has been asking them to stop. The targets were Kurdish and Syrian military positions, and the goal appears to be to slow down their advance toward the Turkish border. The Sunni militants that Turkey has been supporting for five years are now being completely routed, and Turkey is in a great deal of panic about this. (Read More...)

Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse

Did you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone? With interest rates at record lows all over the world in recent years, investors that were starving for a decent return poured hundreds of billions of dollars into high yield debt (also known as junk bonds). This created a giant bubble, but at first everything seemed to be going fine. Defaults were very low and most investors were seeing a nice return. But then the price of oil started crashing and the global economy began to slow down significantly. Energy company debt makes up somewhere between 15 and 20 percent of the junk bond market, and the credit rating downgrades for that sector are coming fast and furious. But it isn’t just the energy industry that is seeing a massive wave of defaults, debt restructurings and bankruptcy filings. Just like with subprime mortgages in 2008, investors are starting to wake up and realize that the paper that they are holding is not worth a whole lot. So now investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis. (Read More...)

22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning

As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations, corporate profit margins are plunging, global trade is slowing down dramatically, and several major European banks are in the process of completely imploding. I am about to share some numbers with you that are truly eye-popping. Each one by itself would be reason for concern, but when you put all of the pieces together it creates a picture that is hard to deny. The global economy is in crisis, and this is going to have very serious implications for the financial markets moving forward. U.S. stocks just had their worst January in seven years, and if I am right much worse is still yet to come this year. The following are 22 signs that the global economic turmoil that we have seen so far in 2016 is just the beginning… (Read More....)

1. The number of job cuts in the United States skyrocketed 218 percent during the month of January according to Challenger, Gray & Christmas.

2. The Baltic Dry Index just hit yet another brand new all-time record low. As I write this article, it is sitting at 303.

4. In the U.S., the Restaurant Performance Index just fell to the lowest level that we have seen since 2008.

5. In January, orders for class 8 trucks (the big trucks that you see shipping stuff around the country on our highways) declined a whopping 48 percent from a year ago.

6. Rail traffic is also slowing down substantially. In Colorado, there are hundreds of train engines that are just sitting on the tracks with nothing to do.

8. A series of extremely disappointing corporate quarterly reports is sending stock after stock plummeting. Here is a summary from Zero Hedge of a few examples that we have just witnessed…

9. Junk bonds continue to crash on Wall Street. On Monday, JNK was down to 32.60 and HYG was down to 77.99.

10. On Thursday, a major British news source publicly named five large European banks that are considered to be in very serious danger…

Deutsche Bank, Credit Suisse, Santander, Barclays and RBS are among the stocks that are falling sharply sending shockwaves through the financial world, according to former hedge fund manager and ex Goldman Sachs employee Raoul Pal.

11. Deutsche Bank is the biggest bank in Germany and it has more exposure to derivatives than any other bank in the world. Unfortunately, Deutsche Bank credit default swaps are now telling us that there is deep turmoil at the bank and that a complete implosion may be imminent.

12. Last week, we learned that Deutsche Bank had lost a staggering 6.8 billion euros in 2015. If you will recall, I warned about massive problems at Deutsche Bank all the way back in September. The most important bank in Germany is exceedingly troubled, and it could end up being for the EU what Lehman Brothers was for the United States.

13. Credit Suisse just announced that it will be eliminating 4,000 jobs.

14. Royal Dutch Shell has announced that it is going to be eliminating 10,000 jobs.

15. Caterpillar has announced that it will be closing 5 plants and getting rid of 670 workers.

16. Yahoo has announced that it is going to be getting rid of 15 percent of its total workforce.

17. Johnson & Johnson has announced that it is slashing its workforce by 3,000 jobs.

18. Sprint just laid off 8 percent of its workforce and GoPro is letting go 7 percent of its workers.

19. All over America, retail stores are shutting down at a staggering pace. The following list comes from one of my previous articles…

-J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015.

-Finish Line has announced that 150 stores will be shutting down over the next few years.

-Sears has shut down about 600 stores over the past year or so, but sales at the stores that remain open continue to fall precipitously.

20. According to the New York Times, the Chinese economy is facing a mountain of bad loans that “could exceed $5 trillion“.

21. Japan has implemented a negative interest rate program in a desperate attempt to try to get banks to make more loans.

22. The global economy desperately needs the price of oil to go back up, but Morgan Stanley says that we will not see $80 oil again until 2018.

Last week, I told my wife that I thought that Marco Rubio was going to do better than expected in Iowa.

And when you look at where global economic numbers are trending, they tell us that 2016 is going to be a year that is going to get progressively worse as it goes along.

So many of the exact same things that we saw happen in 2008 are happening again right now, and you would have to be blind not to see it.

Hopefully I am wrong about what is coming in our immediate future, because millions upon millions of Americans are not prepared for what is ahead, and most of them are going to get absolutely blindsided by the coming crisis.

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...)

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....)