There
has been so much attention on Greece in recent weeks, but the truth is that
Greece represents only a very tiny fraction of an unprecedented global debt
bomb which threatens to explode at any moment. As you are about to see,
there are 24 nations that are currently facing a full-blown debt crisis, and
there are 14 more that are rapidly heading toward one. Right now, the
debt to GDP ratio for the entire planet is up to an all-time record high of 286 percent, and globally there is approximately
200 TRILLION dollars of debt on the books. That breaks down to about
$28,000 of debt for every man, woman and child on the entire planet. And
since close to half of the population of the world lives on less than 10
dollars a day, there is no way that all of this debt can ever be repaid.
The only “solution” under our current system is to kick the can down the road
for as long as we can until this colossal debt pyramid finally collapses in
upon itself. (Read More....)
The “deal that was designed to
fail” has already begun to unravel. The IMF, which was expected to
provide a big chunk of the financing, has indicated that it may walk away from
the deal unless Greece is granted extensive debt relief. This is
something that the Germans and their allies have resolutely refused to
do. Meanwhile, outrage is pouring in from all over Europe regarding what
the Greek government is being forced to do to their own people. Most of
this anger is being directed at the Germans, but the truth is that without
German money the Greek banking system and the Greek economy will completely and
utterly collapse. So even though Greek Prime Minister Alex Tsipras admits
that this is a deal that he does not believe in, he is attempting to get it
pushed through the Greek parliament, and we should know on Wednesday whether he
was successful or not. But even if the Greek parliament approves it, we
could still see either the German or the Finnish parliaments reject it.
It seems as though nobody is really happy with this deal, and these
negotiations have exposed very deep divisions within Europe. Could this be
the beginning of the end for the eurozone? (Read More....)
Greece
is saved? All over the planet, news headlines are boldly proclaiming that a
“deal” has been reached which will give Greece the money that it needs and keep
it in the eurozone. But as you will see below, this is not true at
all. Yesterday, when I wrote that “there never was going to be any
deal“, I was not exaggerating. This “deal” was not drafted with the
intention of “saving Greece”. As I explained in my previous article, these negotiations
were all about setting up Greece for eviction from the euro. You see, the
truth is that Greece desperately wants to stay in the euro, but Germany (and
allies such as Finland) want Greece out. Since Germany can’t simply order
Greece to leave the euro, they need some sort of legal framework which will
make it possible, and that is what this new “deal” provides. As I am
about to explain, there are all kinds of conditions that must be satisfied and
hurdles that must be crossed before Greece ever sees a single penny. If
there is a single hiccup along the way, and this is what the Germans are
counting on, Greece will be ejected from the eurozone. This “deal” has
been designed to fail so that the Germans can get what they have wanted all
along. I think that three very famous words from Admiral Ackbar sum up
the situation very well: “It’s a trap!” (Read More....)
There never was going to be any
deal. All along, Germany has been seeking to establish conditions that
would never be met so that they could force Greece out of the eurozone.
But the Germans had to do this subtly so that they would end up looking
“reasonable” and would not turn the rest of the eurozone against them. So
why does Germany want to get rid of Greece? Well, to be honest, it is
because the Germans are sick and tired of paying for Greek mistakes. In
Germany, there is an obsession with having a balanced budget. They even
have a term for it – “the black zero“. So it
absolutely infuriates the Germans that the Greeks can never seem to get their
act together and that German citizens have to keep paying for it. At this
point, the amount of money that Germany has already poured into Greece breaks
down to more than 700 euros per citizen, and now Greece is going
to need a new bailout of somewhere between 82 billion
and 86 billion euros over the next three years. Needless to say,
the Germans are fed up with pouring money down a financial black hole, and they
know that if they keep bailing Greece out that it is only a matter of time
before they will have to bail out Italy, Spain, Portugal, France, etc. (Read More....)
The
city of Chattanooga, Tennessee is in a state of shock. On Thursday, a
heavily armed Islamic terrorist sprayed a Navy and Marine reserve center in
Chattanooga with gunfire without any warning. Four U.S. Marines were
killed, and three other individuals were seriously wounded. The shooter
has been identified as Muhammad Youssef Abdulazeez, and it is being reported
that he used a “high-powered rifle” to conduct the assault. He did not
survive the attack, and it is not clear if he even intended to.
Authorities are investigating whether or not he had any connection to ISIS
(which he almost certainly did), but nobody is disputing the fact that he was
Muslim. Hopefully this horrific incident will serve as a huge wake up
call for millions of Americans. Islamic terrorists are already here – and
this is just the beginning of their reign of terror on U.S. soil. (Read More...)
What
should be done to a nation that has killed more than 56 million babies and
doesn’t even feel bad about it? And why is the U.S. government giving
hundreds of millions of dollars each year to an organization that murders
hundreds of thousands of babies, harvests their organs, and then sells them to
medical researchers? An extremely disturbing video that was just released
shows a top Planned Parenthood coldly discussing the sale of aborted body parts
over lunch. But now that this has been revealed, will America do anything
about it? The purchase and sale of human body parts is a felony according
to federal law, and the commercial trafficking of aborted baby parts is
“punishable by up to 10 years in prison and/or a fine of
$500,000″. So will anything happen to Planned Parenthood and the
executives involved in this illegal activity, or will Planned Parenthood just
continue to collect hundreds of millions of dollars from the federal government
every year? I think that we all know that the answer is going to be, and
it will be yet another reason why America will deserve every ounce of the judgment that is
about to hit this nation. (Read More...)
Yes,
illegal immigrants are responsible for lots of crime in this country. In
recent years, nearly 1000 illegal
immigrants have been convicted of committing sex crimes
against children in the state of Texas alone. And as you
will read about below, illegal immigrants have a murder rate that is 3 to 10
times higher than the general population. So anyone that suggests that
illegal immigrants don’t commit more crime than the rest of us is simply lying
to you. Unfortunately, even though we could prevent thousands upon
thousands of violent crimes by securing our borders, the Obama administration refuses to do so and it has become very
politically incorrect to even talk about this. Every single day, American
citizens are being murdered and raped by people that should not be in this
country and yet nobody is supposed to address this issue. No wonder our
nation is in the process of
self-destructing. The following are 10 horribly violent crimes that
were committed by illegal immigrants… (Read More...)
If you have got family and friends
that you would like to visit before things start getting really crazy, you
should do so within the next couple of months, because these are the last days
of “normal life” in America. The website where I have posted this article
is called “End of the American Dream“, but perhaps I
should have entitled it “The End of America” because that is essentially what
we are heading for. The debt-fueled prosperity that so many of us take
for granted is about to come to a screeching halt, and we are about to enter
the hardest times that any of us have ever known. And I am not just
talking about economics either. Based on all of the intel and information
that I have gathered, we are about to enter a “perfect storm” that is going to
shake this country in just about every possible way that it can be
shaken. So I hope that you will truly savor this summer – days like this
will not come around again any time soon. (Read More...)
Don’t let anyone tell you that
crime is going down in America. All over the United States, rates of
violent crime in our major cities are increasing by double digit
percentages. Murders are way up, shootings are way up and rapes are way
up. So what is behind this sudden spike in crime? In Baltimore,
authorities are pointing to the racial tensions that were stirred up by the
riots that erupted in protest to the death of Freddie Gray. But what
about the rest of the country? From coast to coast, we are witnessing a
dramatic increase in violent crime, and the economy is not even crashing
yet. So what is going to happen when the next great economic crisis hits
us, unemployment skyrockets, and people really start hurting? (Read More...)
Have
you noticed that events have begun to accelerate? Over the past few
weeks, things have officially started to get very weird. Chinese stocks
are crashing, the Greek debt crisis is spiraling out of control, the New York
Stock Exchange was down for about four hours on Wednesday thanks to a
“technical glitch”, and global politicians have been acting very
strangely. After several years of relative calm, could it be possible
that the second half of 2015 will usher in a time of chaos and confusion on a
worldwide scale? Personally, I have never been more concerned about a
period of time as I am about the last six months of 2015. And if I am
right, what we have seen so far is just the tip of the iceberg. The
following are 10 very strange things that have happened in just the past few
weeks… (Read More...)