The Beginning Of The End Ad
Gold Buying Guide: Golden Eagle Coins
Lear Capital: The Best Source for Buying Gold & Precious Metal Investing

Recent Posts

The Preppers Blueprint Economic Collapse Blog Get Prepared Now Ad

Enter your email to subscribe to The Economic Collapse Blog:

Delivered by FeedBurner

Global Recession? The Canadian Economy Shrinks At The Fastest Pace Since The Last Financial Crisis

Share on FacebookTweet about this on TwitterPin on PinterestShare on Google+Share on LinkedInShare on StumbleUponEmail this to someone

Canada - Public DomainThings have not been this bad for the Canadian economy since the last global recession.  During the second quarter of 2016, Canada’s GDP contracted at a 1.6 percent annualized rate.  That was the worst number in seven years, and it was even worse than most analysts were projecting.  This comes at a time when bad news is pouring in from all corners of the global economy.  While things in the United States are still relatively stable for the moment, the same cannot be said for much of the rest of the planet.  Canada in particular has been hit very hard by the collapse in oil prices, and the massive wildfire in northern Alberta back in May certainly did not help things.  The following comes from the BBC

The recent drop in GDP was larger than analysts had projected, but not far off the predicted 1.5% loss.

“[The figure] could have been worse, given the hit from the wildfire, and clearly confirms the disappointing downward trend in exports over the last few months,” said Sal Guatieri, senior economist at BMO Capital Markets.

In May, wildfires devastated the parts of northern Alberta where much of Canada’s oil and natural gas is produced.

For many years, high oil prices and booming exports enabled the Canadian economy to significantly outperform the U.S. economy.  But now conditions have changed dramatically, and all of the economic bubbles up in Canada are starting to burst.  This includes the housing bubble, as we have seen home sales in the hottest markets such as Vancouver drop through the floor late in the summer.  In fact, it is being reported that home sales during the first two weeks of August in British Columbia were down a whopping 51 percent on a year over year basis.

Do you remember the housing bubble in the U.S. that helped fuel the last financial crisis?  Well, a very similar bubble is now bursting up in Canada, and some investors have positioned themselves to make a tremendous amount of money when the whole thing comes violently crashing down.  The following comes from Wolf Richter

This summer, famed short seller Marc Cohodes came out of retirement (he now raises chickens on a farm in Sonoma County, CA, and sells the eggs for a fortune in San Francisco) and jumped into ring with a number of interviews on TV and in the print media, and this too rattled some nerves – largely because it hit home.

“I think it’s a money laundering-induced market,” he said as we reported at the time. “Where the local politicians, or the BC Liberals, are kept or in cahoots with the real estate brokers, developers, lawyers, that angle. And they have sought Chinese money to keep the market propped up and it won’t last,” he said. “China has capital controls on, and Vancouver has become the money laundering mecca of either the world or North America, and something is going to change and change drastically.”

If the price of oil does not rebound in a major way, the Canadian economy is going to continue to deeply struggle.

Meanwhile, one of the biggest economies in Africa is also shrinking.  Nigeria is yet another oil-dependent economy that has fallen on really hard times, and during the latest quarter their GDP shrunk by 2.06 percent on an annualized basis

Nigeria has slipped into recession, with the latest growth figures showing the economy contracted 2.06% between April and June.

The country has now seen two consecutive quarters of declining growth, the usual definition of recession.

Its vital oil industry has been hit by weaker global prices, according to the Nigerian Bureau of Statistics (NBS).

There are so many signs that indicate that the global economy has entered a new major downturn.  Yes, the U.S. is doing better than almost everyone else for the moment, but this will not last indefinitely.  Our planet is more interconnected than ever before, and just as we saw in 2008, big trouble on one side of the globe quickly affects the other side.

Today we also learned that the 7th largest container shipping company in the entire world has completely imploded.  Total global trade has been declining for quite some time now, and it was inevitable that this sort of thing would start happening

After years of relentless decline in the Baltic Dry index…

… today the largest casualty finally emerged on Wednesday when South Korea’s Hanjin Shipping, the country’s largest shipping firm and the world’s seventh-biggest container carrier, filed for court receivership after losing the support of its banks, leaving its assets frozen as ports from China to Spain denied access to its vessels.

Over in Europe, an emerging banking crisis continues to simmer just under the surface.

Most Americans are completely oblivious to the fact that major global financial problems could be just around the corner, but CNBC is reporting that banks over in Europe are “preparing for an economic nuclear winter situation”…

European banks, in particular, have had a very tough six months as the shock and volatility around Brexit sent banking stocks south. Major European banks like Deutsche Bank and Credit Suisse saw their shares in free-fall after the referendum’s results were announced. In the U.K., RBS was the worst-hit, with its shares plunging by more than 30 percent since June 24.

The current uncertainty over when the U.K. will start the process of quitting the EU has banks on tenterhooks. But a source told CNBC that banks are “preparing for an economic nuclear winter situation.”

Speaking on the condition of anonymity due to the sensitive nature of the topic, a source from a major investment bank told CNBC that financial services firms have put together a strategy in place that takes into account the worst-case scenario that could happen by the end of this year.

So precisely what would an “economic nuclear winter” look like?

I don’t know, but it certainly does not sound good.

We should be thankful that things have been as calm and stable as they have been so far in 2016, but nobody should be fooled into thinking that our problems have been fixed.

The truth is that the global debt bubble is at an all-time high, the banks are being more reckless and are more vulnerable than ever before, and troubling economic numbers continue to pour in from all over the planet.

The stage is certainly set for the next major global economic crisis, and it isn’t going to take much to push the world over the edge.

 
  • JC Teecher

    Yes the possibility has always been there since we sold debt to foreign, not so dependable countries, over the past decades. The “possibility” being spoken of, is an economic collapse for America, and the possibility of the crash of the dollar.

    The difference, now being, is that the “edge” of the cliff is there for the whole world, and sadly that edge can now be seen just a few hundred yards ahead.

    May be a good time to take advantage of cheaper corn and soybean prices and stock up those closets and pantries.
    Tofu and cornbread anyone?

    • LIZ THE SHIZ

      stock up those cods and panties for some on this board

  • Chris Gerber

    Don’t worry, the Antichrist will have all the answers and remedies and probably just in the nick of time. Don’t worry???

    • JC Teecher

      Yes he will have all the answers for the blind sheeple, but his arrival isn’t scheduled for a pretty long time yet.

      • df NJ

        You have access to pretty important information. Are you getting it directly from God or directly from Satan?

        • sistersoldier

          You would have access to the same information if you read the BIBLE. Basic Instructions Before Leaving Earth.

      • JC Teecher

        I have no patience for the suffering of fools, so you “are not touching me”, and are on block.
        Snotty and dfNJ, as well as tsf…I think that is all.

      • SnodtBlossom

        30 When Rachel saw that she was not bearing Jacob any children, she became jealous of her sister. So she said to Jacob, “Give me children, or I’ll die!”

        2 Jacob became angry with her and said, “Am I in the place of God, who has kept you from having children?”

        3 Then she said, “Here is Bilhah, my servant. Sleep with her so that she can bear children for me and I too can build a family through her.”

        4 So she gave him her servant Bilhah as a wife. Jacob slept with her, 5 and she became pregnant and bore him a son. 6 Then Rachel said, “God has vindicated me; he has listened to my plea and given me a son.” Because of this she named him Dan.[a]

        7 Rachel’s servant Bilhah conceived again and bore Jacob a second son. 8 Then Rachel said, “I have had a great struggle with my sister, and I have won.” So she named him Naphtali.[b]

    • SnodtBlossom

      47 “I asked her, ‘Whose daughter are you?’

      “She said, ‘The daughter of Bethuel son of Nahor, whom Milkah bore to him.’

      “Then I put the ring in her nose and the bracelets on her arms, 48 and I bowed down and worshiped the Lord. I praised the Lord, the God of my master Abraham, who had led me on the right road to get the granddaughter of my master’s brother for his son. 49 Now if you will show kindness and faithfulness to my master, tell me; and if not, tell me, so I may know which way to turn.”

      • sistersoldier

        It seems that you are on a campaign to quote the entire Bible? Careful you could be delivered in the process.

        • Guest

          That is exactly what I was thinking!

        • GSOB

          She’s learning how to cut and paste.

    • LIZ THE SHIZ

      like hope and change and I’m with her

    • Paul Benson

      Problem – Reaction – Solution! The blueprint of tyranny and population control.

      The horrific events of the not so distant future will be to prepare the way for the Man of Sin. As it stands now the ‘answers’ the Antichrist will bring would only seem like tyranny and oppression. But many a runaway slave (overcome by cold and hunger) returned to the yoke of his master seeing it as an ‘answer’ to his current ‘crisis’.

      In a like manner the world will be primed and begging for their enslavement to a global financial / religious / governmental dictatorship. And how will we know who is on board with this ‘save us from ourselves’ scheme and who is not? Why of course! A global Identification System to weed out the ‘terrorists and detractors’! Only those subservient to this beast system will have the privilege of buying and selling, and doing the basic tasks of living in normal society through this ‘mark of the beast’.

      The prophesied Antichrist and the ‘mark of the beast’ is a reality; and IT IS COMING! There will be NO pre-trib rapture to whisk you away before that time! If you have been led to believe in that teaching please consider this article: Bible Prooof The Pre-trib Rapture Doctrine Is False:

      https://pbenson.me/2016/05/06/bible-proof-the-rapture-theory-is-false/

      Persecution is coming to the Christians of America! Better prepare your heart and mind.
      Paul Benson
      http://www.paulbenson.me

  • alan

    They will likely be fine. Not too many people, lots of resources.

  • Bill

    After many decades of manipulated markets, statistics, and political operatives there is bound to be a nuclear winter economically for sure and perhaps even physically.

  • aldownunder

    Nothing to worry about
    It’s nearly football season

    • gfmucci

      Not for those who will boycott the NFL for their inane policy of tolerating the bogus BLM movement while dissing the Dallas Cowboys who wanted to honor murdered cops.

      • aldownunder

        Was only a “joke”
        That could start a whole ramble and a half

        • SnodtBlossom

          I want you to swear by the Lord, the God of heaven and the God of earth, that you will not get a wife for my son from the daughters of the Canaanites, among whom I am living, 4 but will go to my country and my own relatives and get a wife for my son Isaac.”

          5 The servant asked him, “What if the woman is unwilling to come back with me to this land? Shall I then take your son back to the country you came from?”

          6 “Make sure that you do not take my son back there,” Abraham said.

          • aldownunder

            Wow you have way too much time on your hands
            Don’t encourage the religious mumbo jumbo totally off topic

          • SnodtBlossom

            I work full-time..(even under the threat of ‘cane) It is easy for me to cut n paste

          • aldownunder

            I don’t like your new outlook (if you can’t beat em join em)

          • SnodtBlossom

            awww… shucks.. ty 🙂

          • Abraham was a liar, murderer, thief and a pimp.
            I would not put much stock in anything Abraham said.

      • RalphEllison

        One of the Dallas cops killed was a White supremacist.

        • SnodtBlossom

          “Don’t give me anything,” Jacob replied. “But if you will do this one thing for me, I will go on tending your flocks and watching over them: 32 Let me go through all your flocks today and remove from them every speckled or spotted sheep, every dark-colored lamb and every spotted or speckled goat. They will be my wages. 33 And my honesty will testify for me in the future, whenever you check on the wages you have paid me. Any goat in my possession that is not speckled or spotted, or any lamb that is not dark-colored, will be considered stolen.”

          34 “Agreed,” said Laban. “Let it be as you have said.” 35 That same day he removed all the male goats that were streaked or spotted, and all the speckled or spotted female goats (all that had white on them) and all the dark-colored lambs, and he placed them in the care of his sons. 36 Then he put a three-day journey between himself and Jacob, while Jacob continued to tend the rest of Laban’s flocks.

          37 Jacob, however, took fresh-cut branches from poplar, almond and plane trees and made white stripes on them by peeling the bark and exposing the white inner wood of the branches. 38 Then he placed the peeled branches in all the watering troughs, so that they would be directly in front of the flocks when they came to drink. When the flocks were in heat and came to drink, 39 they mated in front of the branches. And they bore young that were streaked or speckled or spotted. 40

      • SnodtBlossom

        10 Ephron the Hittite was sitting among his people and he replied to Abraham in the hearing of all the Hittites who had come to the gate of his city. 11 “No, my lord,” he said. “Listen to me; I give[b] you the field, and I give[c] you the cave that is in it. I give[d] it to you in the presence of my people. Bury your dead.”

        12 Again Abraham bowed down before the people of the land 13 and he said to Ephron in their hearing, “Listen to me, if you will. I will pay the price of the field. Accept it from me so I can bury my dead there.”

        14 Ephron answered Abraham, 15 “Listen to me, my lord; the land is worth four hundred shekels[e] of silver, but what is that between you and me? Bury your dead.”

      • RalphEllison

        4 hero cops, but one of the cops was a White Supremacist.

      • Lexxs

        Let those who are cop lovers and white racists suffer.

    • df NJ

      It sucks to be a Viking fan.

      • aldownunder

        Mate I support the Bills

        • SnodtBlossom

          12 “Do not lay a hand on the boy,” he said. “Do not do anything to him. Now I know that you fear God, because you have not withheld from me your son, your only son.”

          13 Abraham looked up and there in a thicket he saw a ram[a] caught by its horns. He went over and took the ram and sacrificed it as a burnt offering instead of his son. 14 So Abraham called that place The Lord Will Provide. And to this day it is said, “On the mountain of the Lord it will be provided.”

          • GSOB

            Is there any sincerity here? Are you just trying to silence or mock those of us who are sharing the Gospel?

        • LIZ THE SHIZ

          hate to de-flate your hopes but the Pats will still rule your division even without Brady for 4 games

      • SnodtBlossom

        9 When they reached the place God had told him about, Abraham built an altar there and arranged the wood on it. He bound his son Isaac and laid him on the altar, on top of the wood. 10 Then he reached out his hand and took the knife to slay his son. 11 But the angel of the Lord called out to him from heaven, “Abraham! Abraham!”

        “Here I am,” he replied.

        • GSOB

          You are learning to pick up the Word…
          Right?

    • SnodtBlossom

      22 Some time later God tested Abraham. He said to him, “Abraham!”

      “Here I am,” he replied.

      2 Then God said, “Take your son, your only son, whom you love—Isaac—and go to the region of Moriah. Sacrifice him there as a burnt offering on a mountain I will show you.”

      3 Early the next morning Abraham got up and loaded his donkey. He took with him two of his servants and his son Isaac. When he had cut enough wood for the burnt offering, he set out for the place God had told him about. 4 On the third day Abraham looked up and saw the place in the distance. 5 He said to his servants, “Stay here with the donkey while I and the boy go over there. We will worship and then we will come back to you.”

      6 Abraham took the wood for the burnt offering and placed it on his son Isaac, and he himself carried the fire and the knife. As the two of them went on together, 7 Isaac spoke up and said to his father Abraham, “Father?”

      “Yes, my son?” Abraham replied.

      “The fire and wood are here,” Isaac said, “but where is the lamb for the burnt offering?”

      8 Abraham answered, “God himself will provide the lamb for the burnt offering, my son.” And the two of them went on together.

      • GSOB

        Is this a new way to get yourself into the center of attention?

        • Guest

          Mr. GSOB, in case you haven’t noticed, with the exception of you, for the first time since she’s been on this board, essentially nobody is paying attention to her. You, for all intents and purposes, are the only one paying her attention.

  • McAmerican_100

    The Economic Collapse Blog. Since 1756, providing the best view on these end times.

    • Richard O. Mann

      Noah preached that the flood was coming, for 120 years. No one listened. Then the rains came. All humans and land animals, except for the ones in the ark, died. If you read other blogs, news sites, etc, on the web you will find that everything said here, is being said somewhere else. The crash and burn in coming. And when it does, just like last time, people are going to be freaking out, wondering what and why. Humans have not changed since the beginning.

      • Preacher62

        You are correct that Noah did preach for 120 yrs, however he was preaching that people needed to repent and get right with God; not that people needed to buy life jackets, rowboats, umbrellas and beach towels to get ready for it. There is a HUGE difference.

        • LIZ THE SHIZ

          but there was a 2 for 1 sale at Snodtblossoms

          • Preacher62

            Supply has definitely exceeded demand.

      • McAmerican_100

        I appreciate the Noah reference. Noah was not selling web adverts prior to the event that the Lord told him about. He lived by faith.

        Just sayin’.

        I think the The Master says something about a wicked generation seeking a sign.

        Don’t seek a sign.

  • rentslave

    Will it come in time for Trump?NC starts absentee voting on Tuesday.

    • LIZ THE SHIZ

      knowing the Democrats, it started a year ago

  • df NJ

    Do we have only cause and effect? Or do we have choice? Some people believe all our choices are just an illusion created by those with power for those who don’t have it.

  • Jack Frost

    “While things in the United States are still reported daily by the biased media as relatively stable based on seasonal adjustments as necessary for the
    moment, the same cannot be said for much of the rest of the planet.”

    Fixed it for you!

    • LIZ THE SHIZ

      what do you expect it’s an election year

  • Satirist 1976

    Canada lost 31,200 jobs in July 2016. Their economy is imploding. I visited CBC and their was no mention of the negative GDP growth.

    • Ho Hum

      Words like “Imploding” and “unprecedented” have been so overused here they no longer have any shock value.

  • billtheguy

    PPT in the USA. The smurf, Mr. Janet Yellen.

  • LIborio Guaso

    Canada worked well for decades because the United States subsidizes that country in exchange for its oil from tar sands and keep the neighbor under control.

    Later with the development of fracking they lost support from Washington because now they are not needed.

    • LIZ THE SHIZ

      and it’s TRUE-DOOH!!!!!!!!!!!!!!!!!!!!!!

  • Preacher62

    Matthew 6:25 “That is why I tell you not to worry about everyday life—whether you have enough food and drink, or enough clothes to wear. Isn’t life more than food, and your body more than clothing? 26 Look at the birds. They don’t plant or harvest or store food in barns, for your heavenly Father feeds them. And aren’t you far more valuable to him than they are? 27 Can all your worries add a single moment to your life?

    28 “And why worry about your clothing? Look at the lilies of the field and how they grow. They don’t work or make their clothing, 29 yet Solomon in all his glory was not dressed as beautifully as they are. 30 And if God cares so wonderfully for wildflowers that are here today and thrown into the fire tomorrow, he will certainly care for you. Why do you have so little faith?

    31 “So don’t worry about these things, saying, ‘What will we eat? What will we drink? What will we wear?’ 32 These things dominate the thoughts of unbelievers, but your heavenly Father already knows all your needs. 33 Seek the Kingdom of God[e] above all else, and live righteously, and he will give you everything you need.

    34 “So don’t worry about tomorrow, for tomorrow will bring its own worries. Today’s trouble is enough for today.

    Repent and believe the Gospel and you will no longer have need to worry.

    • JC Teecher

      It seems the majority of evangelicals/Christians, are not all that worried, even about a collapse of a system that keeps food shelves stocked to the max, and just around the corner in most cases.

      Well why would you say that, JC?

      Because; the majority in America believe in a pre-trib, fly-away, escape tribulation, doctrine of men. It sure ain’t biblical, and removes the need for them to prep, and learn the books that seem too controversial for them, like Revelation, Ezekiel, and Daniel. They cling to their security blankey, and want to be continually handed their weekly binky, so their restless spirit of truth, that tells them of a coming storm, is settled for a spell. They are seemingly triumphant on the surface, but their true inner spirit asks…what if?

      Pro 30:24
      There be four things which are little upon the earth, but they are exceeding wise:
      Pro 30:25
      The ants are a people not strong, yet they prepare their meat in the summer;

      • Preacher62

        I liken preparations as being akin to spiritual faith rather than opposed to it. In other words, “Faith without works is dead”. However faith in those works rather than in the God who is the sole provider of all good things is also dead. So yes, I do have some food and whatnot, but I have no fear or worry concerning what is to come because to live is Christ and to die is gain. And you are spot on, those who believe that people as Godless as America’s version of Christians are going to be spared punishment and hardships simply because they recited a prayer when they were 10 is the very definition of a doctrine of demons.

        • JC Teecher

          ” However faith in those works rather than in the God who is the sole provider of all good things is also dead.”

          You said a lot in those words, Preacher.

          Prepping without prayer, is like planting a garden and not watering it.

          • SnodtBlossom

            31 When the Lord saw that Leah was not loved, he enabled her to conceive, but Rachel remained childless. 32 Leah became pregnant and gave birth to a son. She named him Reuben,[b] for she said, “It is because the Lord has seen my misery. Surely my husband will love me now.”

            33 She conceived again, and when she gave birth to a son she said, “Because the Lord heard that I am not loved, he gave me this one too.” So she named him Simeon.[c]

            34 Again she conceived, and when she gave birth to a son she said, “Now at last my husband will become attached to me, because I have borne him three sons.” So he was named Levi.[d]

            35 She conceived again, and when she gave birth to a son she said, “This time I will praise the Lord.” So she named him Judah.[e] Then she stopped having children.

          • GSOB

            What do you believe?

          • JC Teecher

            Fartblossom is just peeing in the wind when she leaves comments to me. She is, and has been, on block for weeks and I can’t see, nor want to see her ugly voice any longer.If she hasn’t had a change of heart, then she will get nothing out of me.
            If she does decide she is serious about preserving her soul, then i will go out of my way to help her anyway i can, becuse i love her as a lost child of God, but hate her evil ways.

            happy labor day weekend!

        • SnodtBlossom

          After Jacob had stayed with him for a whole month, 15 Laban said to him, “Just because you are a relative of mine, should you work for me for nothing? Tell me what your wages should be.”

          16 Now Laban had two daughters; the name of the older was Leah, and the name of the younger was Rachel. 17 Leah had weak[a] eyes, but Rachel had a lovely figure and was beautiful. 18 Jacob was in love with Rachel and said, “I’ll work for you seven years in return for your younger daughter Rachel.”

          19 Laban said, “It’s better that I give her to you than to some other man. Stay here with me.” 20 So Jacob served seven years to get Rachel, but they seemed like only a few days to him because of his love for her.

          21 Then Jacob said to Laban, “Give me my wife. My time is completed, and I want to make love to her.”

          • GSOB

            Go on….

      • SnodtBlossom

        41 Esau held a grudge against Jacob because of the blessing his father had given him. He said to himself, “The days of mourning for my father are near; then I will kill my brother Jacob.”

        42 When Rebekah was told what her older son Esau had said, she sent for her younger son Jacob and said to him, “Your brother Esau is planning to avenge himself by killing you. 43 Now then, my son, do what I say: Flee at once to my brother Laban in Harran. 44 Stay with him for a while until your brother’s fury subsides. 45 When your brother is no longer angry with you and forgets what you did to him, I’ll send word for you to come back from there. Why should I lose both of you in one day?”

        • GSOB

          Your point?

    • SnodtBlossom

      26 Then his father Isaac said to him, “Come here, my son, and kiss me.”

      27 So he went to him and kissed him. When Isaac caught the smell of his clothes, he blessed him and said,

      “Ah, the smell of my son

      is like the smell of a field

      that the Lord has blessed.

      28 May God give you heaven’s dew

      and earth’s richness—

      an abundance of grain and new wine.

      29 May nations serve you

      and peoples bow down to you.

      Be lord over your brothers,

      and may the sons of your mother bow down to you.

      May those who curse you be cursed

      and those who bless you be blessed.”

      30 After Isaac finished blessing him, and Jacob had scarcely left his father’s presence, his brother Esau came in from hunting. 31 He too prepared some tasty food and brought it to his father. Then he said to him, “My father, please sit up and eat some of my game, so that you may give me your blessing.”

      32 His father Isaac asked him, “Who are you?”

      “I am your son,” he answered, “your firstborn, Esau.”

      33 Isaac trembled violently and said, “Who was it, then, that hunted game and brought it to me? I ate it just before you came and I blessed him—and indeed he will be blessed!”

      34 When Esau heard his father’s words, he burst out with a loud and bitter cry and said to his father, “Bless me—me too, my father!”

      • GSOB

        And?

  • John

    No point leaving a comment because they scrutinize every comment before allowing it to be posted. True freedom of speech does not exist here.

    • John

      Posted in error….wrong page….sorry.

  • DJohn1

    Sherman Anti-trust was supposed to protect us from this happening.
    In many cases, I think it is being ignored rather than enforced.

    • df NJ

      The lobbyists force our politicians to pass laws creating cartels and monopolies in exchange for campaign financing. It doesn’t matter what you pay in taxes. What DOES matter is the purchasing power of your take home pay. Labor has no voice in government. Wage deflation in real-terms is why everyone is so miserable.

  • mister_roboto

    It would appear that the price of oil is in something of a minor freefall as I sit here typing this comment.

    • df NJ

      The Chinese will have a working LFTR fusion reactor by 2018. The US Air Force had one working in the 1950s for having a nuclear powered airplane. A LFTR reactor to power an airplane is about the size of a refrigerator. Once the Chinese get their LFTR reactor working the price of oil will collapse. We should have home fusion reactors for sale within 5-7 years.

  • JC Teecher

    The Canadian economy isn’t the only thing shrinking. The number of evangelical/Christians is steadily shrinking, while the number of atheists and muslims is growing steadily.

    The averages seem to indicate that those that claim to be Christian is about 67%, down from 80% just a few years ago. Of that 67%, the majority follow the Roman Catholic religion.

    Studies also show that a percentage of all evangelicals in North America, between 39 and 49 %, closely follow a pre-tribulation rapture doctrine, or ideology. It is almost impossible to put an exact figure on the numbers. Only God has those figures.
    The majority of the pre-trib rapture believers, are less likely to be concerned with preparing for hard times and tribulational collapses, since they plan to escape all these things coming upon the earth.

    “…. these premises result in the belief of the pretribulation Rapture. This event is necessary because the heavenly people (Christians) must eventually be taken from the earthly stage so that the prophetic timeline can be “restarted” and God’s work with the earthly people (Jews) resumed. That work will involve seven years of tribulation, which dispensationalists believe will be a period of God’s chastisement on the Jewish people, resulting in the vast majority of Jews being killed, but also in the conversion of those remaining.”

    Well, ignorance is bliss, and therefore, most follow this type premise of combining all of the original 12 tribes of Israel (actually 13), into a subgroup as -ews. In fact the 10 Northern tribes, were never called -ews, until that remnant from _udah, were assimilated with a portion of Israelites as Jeremiah led them out of the Middle East and the “land” of Israel.
    He led them across the Caucasus Mtns. and that led to their being called, or referred to, as Caucasians, even the small remnant of -ewish that traveled, and settled along the way with them, in Western Europe, primarily Great Britain of today, and then eventually North America.
    So, the preachers/teachers that call North American caucasian peoples “Gentiles”, do so in ignorance and with blind knowledge.
    We, North American, caucasian peoples of USA and Canada, are the migrated House of Israel from Western European countries. A strong presence of the House of Israel exists in Western Europe as well, and along with them is a remnant of the House of _udah that has not returned to the Covenant Land of Israel.

    • df NJ

      I think the rapture already happened in 2000 and the rest of you remaining are just in denial.

      • SnodtBlossom

        11 Jacob said to Rebekah his mother, “But my brother Esau is a hairy man while I have smooth skin. 12 What if my father touches me? I would appear to be tricking him and would bring down a curse on myself rather than a blessing.”

        13 His mother said to him, “My son, let the curse fall on me. Just do what I say; go and get them for me.”

        14 So he went and got them and brought them to his mother, and she prepared some tasty food, just the way his father liked it. 15 Then Rebekah took the best clothes of Esau her older son, which she had in the house, and put them on her younger son Jacob. 16 She also covered his hands and the smooth part of his neck with the goatskins. 17 Then she handed to her son Jacob the tasty food and the bread she had made.

        18 He went to his father and said, “My father.”

        “Yes, my son,” he answered. “Who is it?”

        19 Jacob said to his father, “I am Esau your firstborn. I have done as you told me. Please sit up and eat some of my game, so that you may give me your blessing.”

        20 Isaac asked his son, “How did you find it so quickly, my son?”

        “The Lord your God gave me success,” he replied.

        21 Then Isaac said to Jacob, “Come near so I can touch you, my son, to know whether you really are my son Esau or not.”

        22 Jacob went close to his father Isaac, who touched him and said, “The voice is the voice of Jacob, but the hands are the hands of Esau.” 23 He did not recognize him, for his hands were hairy like those of his brother Esau; so he proceeded to bless him. 24 “Are you really my son Esau?” he asked.

        • GSOB

          Go go….
          goo goo
          ga gaa

    • SnodtBlossom

      8 When Isaac had been there a long time, Abimelek king of the Philistines looked down from a window and saw Isaac caressing his wife Rebekah. 9 So Abimelek summoned Isaac and said, “She is really your wife! Why did you say, ‘She is my sister’?”

      Isaac answered him, “Because I thought I might lose my life on account of her.”

      10 Then Abimelek said, “What is this you have done to us? One of the men might well have slept with your wife, and you would have brought guilt upon us.”

      11 So Abimelek gave orders to all the people: “Anyone who harms this man or his wife shall surely be put to death.”

      12 Isaac planted crops in that land and the same year reaped a hundredfold, because the Lord blessed him. 13 The man became rich, and his wealth continued to grow until he became very wealthy. 14 He had so many flocks and herds and servants that the Philistines envied him. 15 So all the wells that his father’s servants had dug in the time of his father Abraham, the Philistines stopped up, filling them with earth.

      16 Then Abimelek said to Isaac, “Move away from us; you have become too powerful for us.”

      • GSOB

        What is your motivation in posting this without any comment?
        What are you saying?

  • seekless

    Hogtown is dropping big time, not BC though.

    • SnodtBlossom

      40 Jacob set apart the young of the flock by themselves, but made the rest face the streaked and dark-colored animals that belonged to Laban. Thus he made separate flocks for himself and did not put them with Laban’s animals. 41 Whenever the stronger females were in heat, Jacob would place the branches in the troughs in front of the animals so they would mate near the branches, 42 but if the animals were weak, he would not place them there. So the weak animals went to Laban and the strong ones to Jacob. 43 In this way the man grew exceedingly prosperous and came to own large flocks, and female and male servants, and camels and donkeys.

      • GSOB

        And??

  • df NJ

    August 02, 2016 Fail safe molten salt nuclear reactors

    Over the next two decades China hopes to build the world’s largest nuclear power industry. Plans include as many as 30 new conventional nuclear plants (in addition to the 34 reactors operating today) as well as a variety of next-generation reactors, including thorium molten-salt reactors, high-temperature gas-cooled reactors (which, like molten-salt reactors, are both highly efficient and inherently safe), and sodium-cooled fast reactors (which can consume spent fuel from conventional reactors to make electricity). Chinese planners want not only to dramatically expand the country’s domestic nuclear capacity but also to become the world’s leading supplier of nuclear reactors and components.

    The Shanghai Institute’s effort to develop molten-salt reactors, a technology that has sat all but forgotten in the United States for decades, reflects just how daring China’s nuclear ambitions are. Already, the government has invested some two billion Chinese renminbi ($300 million) over the last five years in molten-salt R&D. Building actual plants will require tens of billions more. As with other innovative nuclear technologies in development around the world, there are few guarantees: though people have run small, experimental molten-salt reactors, no one’s ever actually built one at utility scale and hooked it up to the grid. Yet the Chinese government expects to have a commercial-size plant up and running within 15 years, helping to revive the beleaguered nuclear power industry.

    The China Academy of Sciences in January 2011 launched an R&D program on LFTR, known there as the thorium-breeding molten-salt reactor (Th-MSR or TMSR), and claimed to have the world’s largest national effort on it, hoping to obtain full intellectual property rights on the technology. The TMSR Research Centre has a 5 MWe MSR prototype under construction at Shanghai Institute of Applied Physics (SINAP, under the Academy) originally with 2015 target for operation, now 2020. SINAP has two streams of TMSR development – solid fuel (TRISO in pebbles or prisms/blocks) with once-through fuel cycle, and liquid fuel (dissolved in FLiBe coolant) with reprocessing and recycle. A third stream of fast reactors to consume actinides from LWRs is planned.

    The TMSR-SF stream has only partial utilization of thorium, relying on some breeding as with U-238, and needing fissile uranium input as well. SINAP aims at a 2 MW pilot plant (TMSR-SF1) initially, and a 100 MWt experimental pebble bed plant (TMSR-SF2) with open fuel cycle by about 2025, then a 1 GW demonstration plant (TMSR-SF3) by 2030. TRISO particles will be with both low-enriched uranium and thorium, separately.

    The TMSR-LF stream claims full closed Th-U fuel cycle with breeding of U-233 and much better sustainability with thorium but greater technical difficulty. SINAP aims for a 2 MWt pilot plant (TMSR-LF1) by 2018, a 10 MWt experimental reactor (TMSR-LF2) by 2025 and a 100 MWt demonstration plant (TMSR-LF3) with full electrometallurgical reprocessing by 2035, followed by 1 a GW demonstration plant.

    • df NJ

      USA is completely missing the boat on the next Internet-big-thing to come to the world.

  • Marvel just turned Trudeau into an “action super hero”. How fitting that the Canadian economy is shrinking like Trudeau’s superhero underoos.

    • LIZ THE SHIZ

      I saw his mother at Studio 54 and she wasn’t wearing any underoo’s at all !!!!!

  • Mondobeyondo

    Oh Canada, [not] my home and native land…
    Canada’s caught a cold. So far, the U.S. hasn’t caught this global economic flu. Our turn will come soon enough.

    • df NJ

      Great fishing in Canada

  • GSOB

    Most Americans are completely oblivious

  • Ex Tempore

    …what is saving Canada’s bacon, is the social welfare system (government sponsored medicare), and basically, Canada is at the mercy of the American auto factories! If the Americans pulled, Government Motors, Ford and FCA out of Ontario, it would be an “Arctic Brazil”! What will destroy the social programs in Canada, especially in Toronto, is this unlimited 3rd world (mostly muslim) immigration, which don’t come to work, but to mooch the system! Unemployment in Toronto, has been averaging 8% for nearly 20 years, and the East Coast (Maritimes), over 15% for decades! Montreal, Quebec is being saved from “starvation” by Federal government equalization payments (akin to giving money to Puerto Rico and Saipan), and if not for that Montreal would be like Niagara Falls, New York!
    If the Americans want to take over Canada, just pull its factories out of that country, and the Canadian Looney will be 10 cents versus the US $!

    • Guest

      I don’t care what anybody says. John Candy was prophetic.

  • Bendys

    The solution to the shrinking economy is to bring millions of unskilled Mexicans to Canada. This should really help.

  • tacoma

    The only thing hurting is Alberta due to collapse of world oil prices. This price collapse is 100% due to oil war between the U.S. and Saudi Arabia. Since 2010 the U.S. pumped 5 million barrels of shale oil to bring total production to 11 million, bigger than Saudi, Russia. Saudi cannot allow the U.S. to control marketshare and therefore a price war.

    Consider this: U.S. struck a deal with Saudi in the 1970’s where it agreed to buy oil from OPEC and will not increase its production, in exchange for OPEC accepting only the U.S. dollar for its oil. This single deal allowed the U.S. to issue an extra trillion dollar of money every year, a total of $20 trillion since the deal. Suddenly the U.S. have the technology to produce shale oil and immediately betrayed the deal. But It dared Saudi to accept other currencies for oil, which if it did will cause an American military invasion. This is a stab in the back and blackmail bordering terrorism.

    With this reckless U.S. oil action, a casualty is Canada, who is also America’s biggest oil supplier. Along with Saudi, Canada have been the most steady and reliable supplier of oil to the U.S. to propel its economy to great heights. With the shale oil betrayal, the U.S. stabbed the back of both. A double stab on Canada – crash is oil province and denied the building of the Keystone XL pipeline in full violation of NAFTA laws.

    It’s quite simple really from Canada perspective: with ‘friend’ like the U.S. who needs enemy? This is why America have lost another long-standing friend north of the border. As to south of the border Mexico, America lost it long ago with the American-Mexican war and subsequent annexation of what is today Texas, Arizona and California. Today, the U.S. stands alone in the American continents.

  • kellee

    For a christian, who allegedly believes in the bible, you sure use the word globe and global quite frequently. The bible has more than 75 verses claiming it is flat and immovable! First 1 Chronicles 16:30 for one!

  • Zanity Helm

    football might be bankrupty , too ?

Ready Made Resources 2015
Finca Bayano
Panama Relocation Tours
The 1 Must Own Gold Stock
180x350




 

Credible Warning

ProphecyHour

Facebook Twitter More...