U.S. Financial Markets Have Become A Giant Mirage Built On A Foundation Of Fraud

Would you pay more than 100 million dollars for a single deli in rural New Jersey that had less than $36,000 in sales during the last two years combined?  I know that sounds like a completely ridiculous question, but the stock market apparently thinks that deli is worth that much.  On Thursday, the Dow Jones Industrial Average closed above 34,000 for the first time in history, and investors all over the country cheered.  But this financial bubble is not real.  It is a giant mirage that is built on a foundation of fraud.  Investors have lost all touch with reality, and in this sort of euphoric environment a small deli in rural New Jersey can literally be valued at more than 100 million dollars

The Paulsboro, New Jersey-based Your Hometown Deli is the sole location for Hometown International, which has an eye-popping market value despite totaling $35,748 in sales in the last two years combined, according to securities filings.

“Someone pointed us to Hometown International (HWIN), which owns a single deli in rural New Jersey … HWIN reached a market cap of $113 million on February 8. The largest shareholder is also the CEO/CFO/Treasurer and a Director, who also happens to be the wrestling coach of the high school next door to the deli. The pastrami must be amazing,” Einhorn said in a letter to clients published Thursday.

For young people getting ready to graduate from high school and go to college, don’t waste your time.

Just open up a small deli and go public.

Soon you will be a multi-millionaire.

Alternatively, you could start a fake cryptocurrency as a joke and watch it become worth billions of dollars.

To me, what is happening with “Dogecoin” is completely and utterly insane

The digital currency Dogecoin surged by more than 85 percent so far this week in thrilling scenes for fans of the bizarre coin. Launched in 2013 and created by Jackson Palmer and Billy Markus as a joke, the cryptocurrency has never seen the highs of rival coins like bitcoin, which is currently worth $63,531.49. But a growing fanbase has helped kickstart the meme coins value, and today has seen the prices skyrocket.

Looking at it objectively, I don’t know why any rational investor would ever put one red cent into Dogecoin.

But in 2021, rational investors are being left in the dust, and those that foolishly rush in are getting filthy rich.

I know that it may be hard to believe, but at this point Dogecoin has a market cap that is greater than 22 billion dollars

According to CoinDesk, Dogecoin has surged by 49.96 percent in 24 hours to $0.171956, as of 9.02pm on April 15.

In GBP, Dogecoin stands at £0.124731.

The market cap for Dogecoin is currently $22.19 billion in USD and £16.10 billion in GBP.

Someday Dogecoin will be worthless, but for now this “meme currency” is shocking the world.

Speaking of ridiculous valuations, Coinbase just went public, and it is currently valued at more than 85 billion dollars

Coinbase was briefly valued at as much as $100 billion in its Nasdaq debut Wednesday, a landmark event for the cryptocurrency industry. The stock closed at $328.28 per share, valuing Coinbase at $85.8 billion on a fully diluted basis.

Don’t you wish that you would have been the one to launch Coinbase?

Of course all of these absurd valuations are just temporary.

This bubble will inevitably pop, and those that did not sell at the top of the market will be kicking themselves.

In the financial markets, enormous fortunes are being won and lost all the time, but none of this is real.

What is real are the riots that are happening in our streets on a nightly basis.  Last night, rioters “waved a pig’s head” at police officers in Minnesota…

DAUNTE Wright protesters waved a pig’s head at cops as chaos again erupted in Brooklyn Center, with hundreds storming the police station.

Demonstrators came out for the fourth night in a row since Wright, 20, was fatally shot by police officer Kim Potter during a traffic stop on Sunday.

Sadly, instead of trying to calm the violence BLM leaders are actually arguing that rioting and looting are legitimate forms of political expression

A prominent activist who supports the Black Lives Matter movement has appeared to support violent protests, arguing that rioting and looting are ‘a legitimate, politically-informed response to state violence’.

Bree Newsome, 35, made the passionate remarks in a series of tweets this week, arguing that police are not limited to non-violence, and that a violent response to injustice can be appropriate and justified.

And do you want to know what else is real?

As I discussed a couple days ago, social decay is transforming city streets all over America into drug-infested wastelands

Homeless men lie on the sidewalk while others wearing blankets and rags loiter on a street strewn with garbage, feces, and drug paraphernalia along the notorious Kensington Avenue drag in Philadelphia.

Video posted online on March 10 shows people living out of suitcases on the sidewalks in the area adjacent to the entrance to the Somerset train station along the Market-Frankford train line while others openly brandish needles.

Cardboard boxes with trash bags stacked on top of them lie feet away from the entrances to various pawn shops, check-cashing stores, delis, and bodegas.

The financial bubble that we are experiencing right now will go away, but the problems on our streets are not going away.

In fact, they are only going to get worse in the months and years ahead.

But if you don’t want to believe this, go ahead and pour your life savings into Hometown International or Dogecoin and see what happens.

You only make money in the markets if you get out in time, and time is quickly running out for those that have put their faith in this financial bubble.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

“We’re #1”: Yet Another Ignominious All-Time Record High Is Established In The Late, Great United States…

Whenever it seems like this country can’t possibly sink any lower, we always seem to find a way to top ourselves.  According to a report that was just released by the Centers for Disease Control and Prevention, cases of chlamydia, gonorrhea, and syphilis in the United States reached the highest level ever recorded in 2019.  Thanks to the popularity of Internet “dating apps”, there has been a boom in casual sex in recent years, and this has resulted in a tsunami of STD cases that is absolutely unprecedented in our history.  Needless to say, this is not a sign of a healthy society.

Of course things were not always this bad.  In fact, if you go back to the early days of the Bush administration, syphilis had almost been entirely wiped out, and cases of chlamydia and gonorrhea were at very low levels

“Less than 20 years ago, gonorrhea rates in the U.S. were at historic lows, syphilis was close to elimination, and advances in chlamydia diagnostics made it easier to detect infections,” said Raul Romaguera, DMD, MPH, acting director for CDC’s Division of STD Prevention in a written statement.

“That progress has since unraveled.”

Unfortunately, the landscape has completely changed since that time.  Just check out these numbers

Data showed 1.8 million cases of chlamydia, 616,000 cases gonorrhea and 129,000 cases of syphilis.

Comparatively, in 2000, there were 709,000 cases of chlamydia, 363,000 cases gonorrhea and 31,000 cases of syphilis.

There are a lot of things that we want America to be great at, but spreading sexually-transmitted diseases is not one of them.

And the numbers tell us that cases have been rising at a particularly frightening pace since 2015

For 2019, health departments across the U.S. reported 1.8 million cases of chlamydia, an almost 20% increase since 2015; 616,392 cases of gonorrhea, more than 50% higher than 2015, and 129,813 cases of all stages of syphilis, a whopping 70% increase, the CDC said.

So why is this happening?

Well, an NPR article on this subject is pointing out that dating apps have made finding casual sex easier than ordering a pizza

There are many factors that contribute to the rise of STDs, and syphilis in particular.

In the gay community in San Francisco, for example, the rise of mobile dating apps like Grindr and Tinder made finding a date “faster than getting pizza delivered to your home,” says Dan Wohlfeiler, an STD prevention specialist and co-founder of Building Healthy Online Communities, which uses these apps to improve gay men’s health.

These dating apps are particularly popular among young people and in the gay community, and this is clearly showing up in the case numbers

Additionally, gay and bisexual men and younger people also faced an increased burden. According to the report, gay and bisexual men made up nearly half of all 2019 primary and secondary syphilis cases and had gonorrhea rates that were 42 times higher than heterosexual men in some areas, whereas people aged 15 to 24 years accounted for 61% of chlamydia cases and 42% of gonorrhea cases.

It is important to keep in mind that chlamydia, gonorrhea, and syphilis are just three pieces of a much larger puzzle.

According to the CDC, there are dozens of STDs currently spreading in the United States.  Approximately 20 million new STD infections occur in the U.S. every single year, and at any moment in time approximately 110 million Americans are dealing with a sexually-transmitted disease…

Sexually transmitted diseases (STDs) have long been a formidable challenge for public health. CDC estimates that approximately 20 million new STD infections occur in the United States each year, and that more than 110 million total (new and existing) people are infected at any given time. These infections also are an economic drain on the U.S. healthcare system. Data suggest the direct cost of treating STDs in the United States is nearly $16 billion annually. Even more concerning, some STDs are becoming increasingly resistant to antimicrobials used to treat them.

According to Google, the current population of the United States is 328 million.

So if you have casual sex with some random person, there is a more than one in three chance that person will be infected.

Meanwhile, a Gallup survey just discovered that the percentage of Americans that consider themselves to be a member of a church, synagogue, or mosque has hit an all-time low

Americans’ faith in organized religion continues to trend down at an accelerated pace. A new poll from Gallup shows for the first time since the public opinion polling company began asking questions in 1937, the number of Americans who view themselves as members of a church, synagogue, or mosque has plunged below 50%. Keep in mind, in 1937, when Gallup first asked the question, 73% went to church, synagogue, or mosque.

America is losing its religion, and this trend of a more secular state has been accelerating since the Dot Com Bust (the early 2000s). The poll found 47% of Americans said they were a part of a church, synagogue, or mosque, down from 50% in 2018 and 70% in 1999.

So that means that over roughly the same period of time that the number of cases of chlamydia, gonorrhea, and syphilis has more than doubled, the percentage of Americans that belong to a church, synagogue, or mosque has plunged from 70 percent to 47 percent.

America is changing, and not for the better.

Needless to say, if we stay on the path that we are currently on, things will not end well for us.

Unfortunately, most of the population is not interested in listening to voices such as mine.

Instead, most Americans are living their lives as if our society’s seemingly endless party can continue indefinitely, but each new day brings us even closer to our moment of reckoning.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Food Prices Are Rising Aggressively, And Even The Corporate Media Is Admitting That It Is Only Going To Get Worse

Food prices are outrageous now, but they are only going to go higher.  Earlier today, I came across an NBC News article entitled “Get ready for higher grocery bills for the rest of the year”. I thought that it was strange that a piece put out by the corporate media sounded like it could have come straight from my website, because I have been sounding the alarm about higher food prices for quite some time.  Surprisingly, the NBC News article was generally right on point.  Thanks to a variety of factors, food prices have been rising aggressively, and that is going to continue for the foreseeable future.

According to the Labor Department, consumer prices overall were up 0.6 percent from February to March…

Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday.

The consumer price index rose 0.6% from the previous month but 2.6% from the same period a year ago. The year-over-year gain is the highest since August 2018 and was well above the 1.7% recorded in February.

0.6 percent may not sound like that much, but if you multiply that figure by 12 months you get an annualized rate of  7.2 percent.

Of course the government has changed the way the inflation rate is calculated dozens of times over the years, and at this point everyone knows that the official number greatly understates what is really happening in the economy.

In fact, John Williams of shadowstats.com says that if the rate of inflation was still calculated the way that it was back in 1980, it would be over 10 percent right now.

In other words, we have now reached Jimmy Carter levels of inflation.

One of the places where we are really starting to see inflation show up is in food prices.  Here are just a few examples

Before the pandemic began, the national average for a pound of bacon in January 2020 was $4.72. By last month, that price had soared to $5.11, according to exclusive supermarket point of sale data from NielsenIQ. Ground beef is up $5.26 a pound from $5.02. Bread is up $2.66 a loaf from $2.44.

So why are food prices increasing like this?

Yahoo News recently posted an article that listed four explanations

1. Plummeting food production
2. Transportation tumult
3. More eating at home
4. Wild weather

Moving forward, the pandemic will continue to suppress global food production, commodity prices will likely keep climbing, and increasingly wild weather patterns will certainly cause even more damage to crops.

All of these factors are making it more expensive for food companies to operate, and as NBC News has noted, food companies are starting to pass along those costs to consumers…

Issues like higher gas prices, increasing transport costs that get passed on to consumers, especially for items like bread, are only going up as driving increases faster than oil production. So grocery prices are likely to remain on the higher end of estimates for at least the rest of the year, Olvera said. Producers may eventually increase their output in order to capture the heightened demand, but that won’t happen until toward the end of this year, Olvera said.

Of course it isn’t just the United States that is wrestling with these problems.

Food prices are actually rising far more rapidly in much of the rest of the world, and we recently learned that global food prices spiked for a tenth month in a row during March…

Global food commodity prices rose in March, marking their tenth consecutive monthly increase, with quotations for vegetable oils and dairy products leading the rise, the Food and Agriculture Organization of the United Nations (FAO) reported today.

The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 118.5 points in March, 2.1 percent higher than in February and reaching its highest level since June 2014.

Those at the very bottom of the economic food chain are being hurt the most by rising food prices.

We have already started to see food riots in some areas, and one relief organization is warning that millions of people in East Africa are now on the verge of starvation

Over 7 million people across six East African countries are at the cusp of starvation as communities have faced existential threats from violence, flooding, the pandemic and locust infestation, the evangelical humanitarian organization World Vision has warned.

Needless to say, all of these developments are perfectly consistent with the warnings that I issued in Lost Prophecies Of The Future Of America.

Even during the best of years, we really struggle to feed the entire planet, and 2021 is definitely not going to be a great year for global food production.

The good news is that there is still plenty of food in our supermarkets right now, and that means that we have a window of opportunity.

I know that food prices may seem ridiculous, but they aren’t ever going to be any lower than they are right now.

I would encourage you to use this window of opportunity to stock up at these relatively low prices, because the price increases are only going to become even more painful as our leaders continue to flood the system with more cash.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Could The U.S. Could Soon Be Involved In Wars In Taiwan, Ukraine And The Middle East Simultaneously?

Warmongers are now firmly in control in Washington, and they are pushing us toward war a little bit more each day.  A military conflict with Russia, China or Iran would be a nightmare scenario, but there is also a possibility that we could end up fighting all three of them simultaneously.  Such an outcome would have been unthinkable under the Trump administration, but times have changed.  Biden administration officials have been boldly declaring that “America is back”, and they have been trying to aggressively exert U.S. influence all over the globe.  Unfortunately, the rest of the world is not as intimidated by the U.S. military as it once was.

Tensions with China have been rising for quite some time, and Taiwan has become the central point of contention.

Taiwan continues to edge closer to declaring formal independence, and the Chinese insist that is a red line that must never, ever be crossed.

In recent weeks, the Chinese have been attempting to send a message by repeatedly sending military aircraft into Taiwan’s airspace, and on Monday we witnessed the most alarming incursion yet

China’s People Liberation Army flew 25 warplanes into Taiwan’s air defence identification zone (ADIZ) on Monday, its largest incursion yet as tension in the Taiwan Strait continues to escalate.

According to Taiwan’s defence ministry, the PLA warplanes – 14 Jian-16 fighter jets, four Jian-10s, four H-6K bombers, two Y-8 anti-submarine warfare planes and one KJ-500 airborne early warning and control aircraft – entered the island’s southwest zone on Monday.

China has been conducting extremely detailed military exercises which simulate an invasion of Taiwan, and the military plans for such an invasion are already drawn up.

Everything is ready to go for when the order is finally given.

The only thing stopping the Chinese is the U.S. military, and on Sunday Secretary of State Antony Blinken once again confirmed that the U.S. will stand behind Taiwan

“What we’ve seen, and what is of real concern to us, is increasingly aggressive actions by the government in Beijing directed at Taiwan, raising tensions in the Straits. And we have a commitment to Taiwan under the Taiwan Relations Act, a bipartisan commitment that’s existed for many, many years, to make sure that Taiwan has the ability to defend itself, and to make sure that we’re sustaining peace and security in the Western Pacific. We stand behind those commitments. And all I can tell you is it would be a serious mistake for anyone to try to change the existing status quo by force,” Blinken said Sunday during an interview with NBC News’ Meet the Press.

China understands that an invasion of Taiwan would mean war with the United States, and so the Chinese will probably hold off for the moment.

They will be waiting for an opportunity, and that could come when we are tied up with a major military conflict on the other side of the globe.

Speaking of which, the Israeli cyberattack on the Natanz nuclear facility is yet another sign that the “shadow war” between Israel and Iran is getting dangerously close to a shooting war.

Israel has not formally taken responsibility for the attack, but even the Israeli media is acknowledging what everybody else already knows

Iran blamed Israel on Monday for an attack on its underground Natanz nuclear facility that damaged its centrifuges — sabotage that imperils ongoing talks over Tehran’s tattered nuclear deal and brings a shadow war between the two countries into the light.

Israel has not claimed responsibility for the attack, but Israeli media widely reported that the country had orchestrated a devastating cyberattack that caused a blackout at the nuclear facility. Israeli officials rarely acknowledge operations carried out by the country’s secret military units or its Mossad intelligence agency.

In the aftermath of the attack, Iranian officials pledged to “take revenge” on Israel…

“The Zionists want to take revenge on the Iranian people for their success in lifting the oppressive sanctions, but we will not allow it and we will take revenge on the Zionists themselves,” Zarif said in comments carried by Iran’s official IRNA news agency.

If a major war does erupt and missiles start flying back and forth between Israel and Iran, the U.S. will enter the conflict on the side of Israel.

The Iranian nuclear program has been a seemingly unsolvable problem for a number of years, and I think that Israeli leaders are starting to realize that there simply is not going to be a diplomatic solution.

Meanwhile, Russia and Ukraine continue to edge closer to a major military conflict.  In fact, one of the most popular news anchors in Russia just stated that the Russians may be forced to “de-Nazify” Ukraine by force

Russia is ‘one step from war’ with Ukraine, state TV has warned in the latest bout of sabre-rattling between Moscow and Kiev that has jangled nerves across Europe.

Dmitry Kiselyov, a Russian news anchor who has been called a ‘Putin propagandist’ in the past, issued the warning during a primetime broadcast in Russia on Sunday.

He branded Ukraine a ‘Nazi’ state, saying that Russia may be forced to ‘de-Nazify’ it by force – a process he said would bring about its ‘economic and military collapse’.

And a top Russian official just made headlines all over the world by suggesting that a full-blown military conflict “would be the beginning of the end of Ukraine”

The deputy head of Russia’s presidential administration, Dmitry Kozak: “I support the assessment that the start of military action – this would be the beginning of the end of Ukraine.”

Of course things would have never gotten to this point if the Biden administration hadn’t decided to use Ukraine as a tool to put pressure on Russia.

I do not think that Russia intends to invade Ukraine right now.  But when the Russians learned what the Biden administration and Ukrainian president Volodymyr Zelensky were planning, they rapidly massed forces in Crimea and eastern Ukraine.

The Russians are going to keep those forces in the region for the foreseeable future, and that is going to keep tensions high.

Hopefully this show of force will convince Biden administration officials that they should not try to push things any further.  Because the Russians are quite willing to strike first if they believe that a move by the other side is imminent.

And once the Russians start pouring across the line of separation, the U.S. and Russia will be at a state of war, and that is something that nobody should want to see.

Of course the United States can’t exactly afford any new wars at this point, because we are absolutely drowning in debt.

If you can believe it, our budget deficit for the month of March was a whopping 660 billion dollars

The U.S. federal budget deficit widened 454% in March from a year earlier, as the government issued a third round of stimulus checks to help Americans ride out the economic fallout from the Covid-19 pandemic.

The budget gap rose to $660 billion in March, the Treasury Department said Monday, from $119 billion in the same month last year. Revenue rose 13% to $268 billion in March, while spending increased 161% to $927 billion.

A budget deficit of 660 billion dollars for an entire year would be bad enough.

To achieve that level in just one month is catastrophic.

Needless to say, even one war would make our fiscal situation much worse, and multiple conflicts would probably break us financially.

Of course if a global war does erupt, financial problems won’t exactly be among our greatest concerns at that point.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Russia Has Moved Missiles That Can Carry Nuclear Warheads Into The Conflict Zone With Ukraine

How close can Russia and Ukraine come to war without actually going over the precipice?  Over the weekend, more forces on both sides continued to pour into the conflict zone.  And on the line of separation in eastern Ukraine, there are regular reports of gunfire and shelling.  At this point, there are no negotiations on the horizon, and one false move could easily spark an all-out war.  In fact, a Kremlin spokesperson is warning that we could soon see “full-scale combat operations”

Kremlin spokesperson Dmitry Peskov on Thursday said the situation in eastern Ukraine was ‘very unstable’ and warned it risked leading to ‘full-scale combat operations.’

As Kiev warned it could be ‘provoked’ by Russia’s aggression, several Western nations have voiced fears that Russian President Vladimir Putin’s move could trigger an all-out war, which could drag Nato allies, including Britain, into the conflict.

By rushing so many forces to the conflict zone, the Russians have prepared themselves to be ready for any scenario that may unfold.

According to one British news source, Russia now has “close to 100,000 troops” in the region…

The Russia-Ukraine crisis could explode into all-out war within days after Moscow amassed close to 100,000 troops at the flashpoint border, it was feared last night.

Senior Ukraine military sources fear Moscow’s war-planners may have wrong-footed Kiev by being far more battle-ready for a major land and sea attack than previously suspected.

If a full-blown war does break out, the Ukrainian military will be no match for the Russian military.

The Ukrainians would literally beg NATO for help, and Joe Biden has already promised “unwavering support” for the regime in Kiev.

Since the end of the Cold War, the U.S. and Russia have never been closer to war than they are right now, and that is why this crisis is far more important than most Americans realize.

Within the last 24 hours, there has been quite a bit more activity along the line of separation.  The following is an English translation of a report that was posted on the official website of the Ukrainian military

During the past 24 hours, on April 10, in the area of ​​the Joint Forces operation, the armed forces of the Russian Federation violated the ceasefire 10 times, including 9 shellings of Ukrainian defenders and 1 flight of an enemy UAV crossing the line of demarcation.

In particular, in the area of ​​responsibility of the operational and tactical group “East”, the Russian occupation forces fired at our positions near the village of PYSCHEVYK with 82 mm mortars, anti-tank and hand-held anti-tank grenade launchers prohibited by the Minsk agreements. In the suburbs of the villages of PISKY and SHYROKYNE, the enemy opened fire with small arms, and near AVDIYIVKA and KAMYANKA – with grenade launchers of various systems.

In the area of ​​responsibility of the operational and tactical group “North”, near the village of MAYORSKE, armed formations of the Russian Federation fired at the positions of Ukrainian defenders with hand-held anti-tank and grenade launchers.

Near the village of ZOLOTE-3, the enemy opened fire with automatic machine grenade launchers, large-caliber machine guns and small arms.

Of course the Ukrainians don’t always disclose when they fire upon forces on the other side, and that has been happening on numerous occasions as well.

This sort of low level fighting is only a concern because it could potentially lead to a much larger conflict.

And in preparation for such a conflict, the Russians have been moving some very serious hardware into the region.

For example, it is being reported that the Russians have moved at least six “city destroyers” into the conflict zone…

At least six 2S4 Tyulpan self-propelled mortars – capable of firing warheads 12 miles – were filmed on flat-bed trains. Dubbed the ‘city destroyer’, the weapon’s devastating power has demolished strongholds from Chechnya to Afghanistan.

Even more importantly, we are being told that the Russians have been deploying Iskander missile systems close to Ukraine

Open-source intelligence specialist at Janes Thomas Bullock identified Russian Iskander missile systems that have moved or are moving to the Ukrainian area of operations since late March through open-source intelligence.

Thomas Bullock posted a Janes article from 8 April that said he identified the deployment of Iskander short-range ballistic missile systems, likely belonging to the 119 Missile Brigade, to Voronezh from the Sverdlovsk region.

This is a sign that the Russians are definitely not messing around.

Iskander missile systems can be used to deliver conventional payloads, but they are also designed to carry nuclear warheads

Russian official sources claim that the R-500 missile carries a conventional 500 kg warhead or nuclear warhead with a yield of around 10-50 kT. It is likely that there are several different conventional warheads, including cluster, fuel-air explosive, and bunker-busting. The missile can overcome enemy air defense systems while offering high-probability of failure-free operation in countermeasures environments. It has a target accuracy of 5m to 7m and operates even in fog or low visibility.

If push came to shove, the Russians would not hesitate to use tactical nukes if they felt it was necessary.

We should all carefully monitor the situation in Ukraine, because this really does have the potential to spark World War 3.

Of course there are two other potential conflicts that could also cause global war to erupt.

China has been eyeing a potential invasion of Taiwan for quite some time now.  If China decides to actually pull the trigger, the U.S. and China would immediately be at a state of war.

Also, it appears to be just a matter of time before Israel and Iran go to war.  On Sunday, Iranian officials announced that the Natanz nuclear facility “was hit by a ‘terrorist” attack”

Iran’s Natanz nuclear facility was hit by a “terrorist” attack on Sunday, the country’s nuclear chief said, hours after reports of an electrical “accident” – and a day after new uranium enrichment centrifuges were started up.

Iran reserves the right to “take action” against those behind the incident at the Islamic Republic’s nuclear facility in Natanz, the head of the nation’s Atomic Energy Organization, Ali Akbar Salehi, told state TV on Sunday.

He called the incident at the plant an act of “nuclear terrorism.”

Iran’s nuclear program has been steadily moving forward, and Israel had made it abundantly clear that it will never allow the Iranians to develop their own nuclear weapons.

The clock is ticking, and there will be war at some point.

So which flashpoint will erupt first?

I don’t know, but the red horse is getting ready to ride, and things could start to spiral out of control at any time.

I believe that we will be the generation that will experience World War 3, and it truly will be too horrible for words.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.  That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis.  In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over the past year…

The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, a staggering accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the coronavirus pandemic.

The number of billionaires on Forbes’ 35th annual ranking swelled by 660 to 2,755 — a roughly 30 percent jump from a year ago — and 493 of them are first-timers. Seven of eight are richer than they were before the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.

Of course thanks to the reckless policies of our leaders, a billion dollars does not go nearly as far as it once did.

But still, a billion dollars is a whole lot of money.

Needless to say, the biggest reason why the number of billionaires has exploded is because we have been witnessing one of the greatest stock market rallies in history.

A year ago, the Dow Jones Industrial Average was sitting at about 23,000.

Today, it is above 33,000, and some analysts expect it to shoot quite a bit higher throughout the rest of 2021.

Stock prices have never been more detached from economic reality as they have been over the past 12 months, and they have only risen so high because of unprecedented intervention by the Federal Reserve and because of extremely wild spending by the federal government.

Many have warned that the party will inevitably come to a crashing end at some point, but it hasn’t happened yet.

So for now, the market optimists look like champions.

And now that Joe Biden is in the White House, the corporate media is telling us that we are on the verge of a grand new era of American prosperity.  The corporate media insists that the pandemic will soon be behind us thanks to the vaccines, and the talking heads on television envision a return to the good old days very quickly.

In fact, Barron’s is already declaring that the “U.S. economy might be stronger than it’s ever been”.

And CNN is trying to convince us that “America’s economy could be heading for a golden era of growth”.

Really?

If the U.S. economy is actually improving, then why are new claims for unemployment benefits going up?

The number of Americans filing first-time unemployment benefits unexpectedly rose last week, according to the Labor Department.

Data released Thursday showed 744,000 Americans filed first-time jobless claims in the week ended April 3. Analysts surveyed by Refinitiv were expecting 680,000 filings. The previous week’s total was revised higher by 9,000 to 728,000.

If economic conditions were getting better, that number should be going the other way.

Even I didn’t expect a number this bad.

Prior to 2020, the all-time record high for new unemployment claims in a single week was 695,000.  That record was established in October 1982, and it stood all the way until the COVID pandemic hit the U.S. early last year.

Sadly, we have been above 695,000 almost every single week since then.

The numbers compiled by the states tell us that nearly three-quarters of a million Americans filed new claims for unemployment benefits last week.  That is an absolutely catastrophic number.  Nobody should be talking about a “golden era of growth” or claiming that the “economy might be stronger than it’s ever been” until we get that number back down to pre-pandemic levels.

And right now, we are at a level that is about three times as high as pre-pandemic levels.

Look, the truth is that anyone that tells you that unemployment is low in the United States is lying to you.

According to John Williams of shadowstats.com, if honest numbers were being used the unemployment rate in the United States would be 25.7 percent right now.

That is the sort of number that we would expect to see during an economic depression, and the truth is that we are in an economic depression.

Over the past year, more than 70 million new claims for unemployment benefits have been filed, and approximately 4 million U.S. businesses have gone out of existence permanently.

But don’t worry, the stock market is hovering near all-time record highs and the corporate media is telling you that everything is going to be wonderful now that Joe Biden is in control.

Come on man!

You can’t really believe that stuff that they are shoveling.

With each passing day, more Americans are losing their jobs, more Americans are falling out of the middle class, and the cost of living just keeps going up even higher.

In fact, we just learned that global food prices have now gone up for 10 months in a row

The global food-price rally that’s stoking inflation worries and hitting consumers around the world shows little sign of slowing.

Even with grain prices taking a breather on good crop prospects, a United Nations gauge of global food costs rose for a 10th month in March to the highest since 2014. Last month’s advance was driven by a surge in vegetable oils amid stronger demand and tight inventories, according to Abdolreza Abbassian, a senior economist at the UN’s Food and Agriculture Organization.

I am going to continue to watch global food prices very carefully, because I believe that it will be a very important trend in the months and years ahead.

But for now, the good news is that at least economic conditions are relatively stable.

Yes, things are not nearly as good as they were before the pandemic, but at least they are not getting a whole lot worse.

So even though things are not great, we should enjoy this period of relative stability while we still can, because it definitely will not last.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

This Economic Depression Has Left Very Deep Economic Scars All Over America

The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020.  We have never seen that many businesses wiped out in such a short period of time in the entire history of our country.  Meanwhile, we have seen a tsunami of unemployment that has been absolutely unprecedented.  More than 70 million new claims for unemployment benefits have been filed during the pandemic, and the number of new claims each week continues to hover at a level that is about three times as high as we witnessed before the pandemic.  Currently, the Economic Policy Institute is telling us that “25 million American workers are either unemployed, underemployed or have pulled out of the workforce entirely”.  This economic depression has already been extremely painful, and many experts believe that a whole lot more economic pain is still on the horizon.

If you are doing well in this economic environment, you should be very thankful for your blessings, because millions of other Americans are suffering greatly.  One of those Americans that is deeply suffering is named Denitra Pearson

One hundred and forty days have passed since Denitra Pearson lost her job caring for the elderly in their homes. Forty-two days have passed since she, her husband, and children lost all their belongings after a fire engulfed their house on a snowy winter night.

They’re now living in a hotel.

Denitra has six kids to care for, and the only “job” that she has been able to find is low-wage work vaccinating people at a local clinic

Pearson, a New Haven mother of six, has an associate’s degree and two job certificates but only one of the dozens of applications she’s filled out has led anywhere, landing her another low-wage job at a local clinic vaccinating people against COVID-19. Her husband, who was a chef at a nearby university before the pandemic disrupted the college campus, is still looking for work.

This economic depression has pushed millions of formerly middle class Americans into poverty, and for many of them life will never be the same again.

At this point, the Bureau of Labor Statistics says that a whopping 2.4 million Americans have been unemployed for 52 weeks or longer…

Nearly 2.4 million Americans were unemployed 52 weeks or more in March, according to the Bureau of Labor Statistics.

That’s almost double the number in February and is about 1.6 million more people than in March 2020.

Could you imagine being out of work for that long?

Almost one-fourth of all of our unemployed workers have been out of a job for at least 12 months, and one economist that was interviewed by CNBC is calling that fact “pretty breathtaking”

“I think that number is pretty breathtaking, that nearly a quarter of unemployed workers have been unemployed for over a year,” said Heidi Shierholz, director of policy at the Economic Policy Institute and former chief economist at the Department of Labor from 2014 to 2017.

“It really shows that even as the economy is recovering, you have a lot of the same people who have been unemployed throughout this whole damn thing,” she added.

I feel particularly bad for college students that are graduating in this sort of environment.

Many of them went in with such high hopes and dreams, but now the job opportunities that they were promised are not materializing.

College senior Bao Ha will be graduating this year from Macalaster College in Minnesota, but he hasn’t even been able to land an interview even after applying for more than a hundred jobs

The job market is starting to roar back, but for anxious college seniors like Bao Ha, it’s a different reality altogether.

“I’ve probably applied to like 130 or 40 jobs or something,” Ha says. “I have not gotten even an email back, or an interview.”

College graduate Erica Schoenberg is in the same boat.

She hasn’t been able to find a full-time job after a year of searching, and so she is still living with her parents

Erica Schoenberg would know.

She was a member of the class of 2020, which had the misfortune of graduating in the brunt of the pandemic.

A year after Schoenberg watched her virtual graduation ceremony from Trinity University from her living room couch, she’s back at her parents’ home because she can’t find a full-time job.

During this pandemic, the percentage of Americans that are living with their parents reached the highest level since the Great Depression of the 1930s.

That is crazy.

But there is some good news.

The good news is that we are in a temporary pocket of time in which economic conditions have stabilized.  Things are certainly a lot worse than they were before the pandemic, but at least we are not seeing the same sort of rapid deterioration that we did throughout much of 2020.

Of course this temporary pocket of time will not last, and that is the bad news.

If anyone out there believes that Joe Biden is going to save the U.S. economy, they are just being delusional.

The stimulus money that Americans are being showered with right now will help in the short-term, but all of the borrowing and spending that our government is doing will just make our long-term problems even worse.

We should be thankful for the relative stability that we are currently enjoying, but this is not a time to party.

Instead, we should be using this time to prepare for the troubled times that are ahead, because the truth is that our long economic nightmare is just beginning.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.