Money

As The Global Food Crisis Escalates, The Price Of Ground Beef In The U.S. Is Up 16.2% Over The Past 12 Months

July 4, 2025July 4, 2025 by Michael

Americans still love hamburgers and French fries, but they sure are a lot more expensive than they once were. In fact, as you will see below, the price of ground beef in the U.S. has risen 16.2 percent during the last 12 months. No matter how you look at that number, it is terrible. Of course just about everything else at the grocery store has been getting more expensive too. These days, a shopping cart full of food is a major expense for most American families. Meanwhile, the global food crisis just continues to intensify. According to a recent report from the UN’s World Food Program, global hunger is “skyrocketing”…

Today, global hunger is skyrocketing as 343 million people face severe food insecurity, driven by an unrelenting wave of global crises including conflict, economic instability, and climate-related emergencies. In 2025, WFP’s operations are focused on supporting just over one-third of those in need – roughly 123 million of the world’s hungriest people – nearly half of whom (58 million) are at imminent risk of losing access to food assistance.

Last year, WFP teams helped feed more than 120 million people in 80 countries, delivering urgent food aid to hunger hot spots and frontline crises around the world.

In 2023, CNN told us that we were in the midst of “the worst food crisis in modern history”.

If global hunger has been “skyrocketing” since that time, what are we facing now?

For those of us that live in the United States, the good news is that there is still plenty of food in the stores.

But it sure does cost a lot more than it once did.

According to the New York Times, the price of ground beef in the U.S. has risen 16.2 percent over the past 12 months…

Ground beef was at its highest average price on record in May at $5.98 a pound, according to the Bureau of Labor Statistics. That cost was 16.2 percent higher than 12 months earlier. Other cuts of beef, including sirloin steaks and chuck roast, also reached record highs in the first half of 2025.

The primary reason why the price of ground beef has been soaring is because the number of cattle has been steadily declining.

At this point, the number of cattle in the United States is “the lowest it has been since 1952”…

Prices are up because the number of cattle available for beef is at its lowest level since the 1950s.

The number of beef cattle in the United States is down to 27.9 million, a 13 percent decline since 2019, and the overall cattle inventory is the lowest it has been since 1952, according to the Agriculture Department. Consumer demand has remained steady in recent years.

This is very serious.

In 1952, 157 million people were living in the United States.

Today, 340 million people are living in the United States.

So we have a major crisis on our hands.

Sadly, just about everything is going up in price at the grocery store at this stage.

When I go through my local grocery store, I see many things that have doubled in price and some things that have actually tripled in price.

The “experts” that continue to insist that inflation is “low” are totally gaslighting us.

Of course those that are ultra-wealthy don’t really care about rising food prices because they can easily afford them. Earlier today, I came across an article that discussed the sky high food prices in the Hamptons this time of the year…

It wasn’t even 8:30 on a recent morning when a shopper emptied his basket of dinner ingredients onto the counter of the Farm & Forage Market in Southampton: two king crab legs, two bags of frozen dumplings, two packages of ramen noodles and a bag of dried sea kelp.

The cash register rang up an already eye-popping tally before the customer realized he had forgotten the caviar. He tossed a jar of it onto the counter. The grand total was $1,860.

“I’ll put that on your tab, right?” asked Jonathan Bernard, owner of the tiny, tidy store. The shopper, a private chef who works in a home nearby, nodded and noted he would be back later for truffles.

Are you kidding me?

It must be nice to be able to shell out that kind of cash.

But for the vast majority of Americans, life is a real struggle in this economic environment.

In fact, nearly two-thirds of the country is living paycheck to paycheck…

The latest PYMNTS Intelligence reveals that 65% of consumers are living paycheck to paycheck, with 24% struggling to pay their bills. That’s nearly a quarter of Americans playing an exhausting game of financial whack-a-mole, deciding which bills to pay in full, which to pay partially and which to outright ignore until the next paycheck arrives.

This financial strain has led many to prioritize immediate survival over long-term financial planning, with a significant portion of American consumers adopting short-term, reactive strategies to manage their financial obligations.

It’s not just groceries and gas — essential bills are creeping up, too. The study shows that 78% of consumers have seen at least one essential bill increase in the past year. Electricity (56%), insurance (52%) and gas (51%) have all gotten pricier, leaving consumers with even less breathing room. Renters are especially feeling the squeeze, with nearly half (49%) reporting rent hikes.

The middle class is being absolutely eviscerated, and now mass layoffs are being conducted all over the nation.

Earlier today, we got yet another example. We are being told that UPS has decided to eliminate approximately 20,000 jobs…

UPS is offering voluntary buyouts to its full-time US drivers following its decision to slash 20,000 jobs and close 73 facilities.

The Atlanta-based company will be providing its laid off employees with various benefits, including pensions and healthcare.

The layoffs are part of UPS’s network configuration plan, which also confirms the upcoming closures of over 90 more facilities in the future.

If the economy is in good shape, why are so many large businesses laying off thousands upon thousands of workers right now?

It doesn’t take a genius to see what is happening.

The U.S. economy has been crumbling for years, and now it appears that our problems are poised to go to an entirely new level.

Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com. He has also written nine other books that are available on Amazon.com including “Chaos”, “End Times”, “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. When you purchase any of Michael’s books you help to support the work that he is doing. You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter. Michael has published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

We Need To Talk About Why The Dollar Is Dying And How The Employment Numbers Are Being Manipulated

July 3, 2025July 3, 2025 by Michael

Why can’t we just be objective about the economic numbers? When Joe Biden was in the White House, many Republicans (including Donald Trump) used the word “fake” to describe the economic numbers that the federal government was putting out. And as I documented extensively throughout the Biden administration, the rosy economic numbers that we were getting from the federal government certainly diverged greatly from reality. But now that Biden is out of the White House, we are suddenly supposed to believe that the federal economic numbers that are being calculated by the exact same people as before are somehow legit? Come on. If the government was giving us “fake” economic numbers six months ago, they are still giving us “fake” economic numbers today. As I will discuss below, the same absurd “adjustments” that were being made during the Biden administration are still being made now.

Just yesterday, I wrote about how non-government numbers are showing that the labor market in the U.S. is dramatically shifting.

But then the BLS released their employment report for last month, and we are being told to just forget what all of the other numbers are telling us…

Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and likely took a July interest rate cut off the table.

Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor Statistics reported Thursday.

The people that are running around proclaiming that this is “great news” don’t even understand what they are talking about.

First of all, we need to create approximately 150,000 jobs a month just to keep up with population growth.

So even if this report was accurate, which it is not, it would indicate that we are simply treading water.

That is not exactly something to celebrate.

Secondly, it is important to understand that the “147,000 new jobs” figure was only arrived at after a number of assumptions and adjustments were applied to the raw data.

I asked Google AI to tell me about how government economic numbers are manipulated, and this is what I was told…

1. Seasonal Adjustment:

This adjustment removes the effects of recurring seasonal events, like weather patterns or holidays, from economic data.
For example, the BLS uses the X-12-ARIMA method (and now X-13ARIMA-SEATS) to seasonally adjust many of its series.
This allows for a clearer picture of underlying trends and makes it easier to compare data across different months.
Seasonal adjustments are applied to various reports, including the Consumer Price Index (CPI) and the Current Employment Statistics (CES).

2. Birth/Death Adjustments:

These adjustments account for the fact that BLS surveys primarily include businesses already in operation, and may miss new businesses (births) or businesses that have closed (deaths).
The BLS uses historical data from the Quarterly Census of Employment and Wages (QCEW) to estimate the impact of these births and deaths on employment and other economic measures.
For example, the CES uses birth/death adjustments to better reflect the total number of jobs in the economy.

3. Population Control Adjustments:

The BLS household survey uses population controls as benchmarks for its estimates. These controls are based on population estimates derived from the decennial census and are updated annually.
These adjustments are made to reflect changes in the population since the last census, including births, deaths, and net international migration.
For example, the January estimates for the household survey include these annual population control adjustments.

4. Quality Adjustments:

These adjustments are made to account for changes in the quality of goods and services, particularly in the CPI and PPI.
For example, if a new car has improved safety features, the price of the new car might be higher, but it’s also of higher quality. The BLS uses techniques like hedonic quality adjustments to isolate the price change due to the quality improvement and remove it from the price index.
This ensures that the CPI and PPI are measuring “pure” price change and not changes due to quality differences.

I am particularly critical of the birth/death adjustments.

Each month, the BLS simply estimates the number of jobs that are being created by new businesses and adds that to the total.

Many have pointed out that the number that they come up with out of thin air is often way too high.

That is just one of the reasons why it has become so difficult to get a negative number.

Conditions have to be really, really bad in order for the BLS to report that the U.S. is actually losing jobs.

In fact, the last time we had a negative number was in 2020 during the early days of the COVID pandemic.

It is a rigged game, and even the Washington Post is openly admitting that government statisticians are starting “to rely more on statistical estimates than hard data”…

U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that help the Federal Reserve assess the economy’s health and guide interest rate decisions.

The problems have led staff at certain agencies to rely more on statistical estimates than hard data, potentially fueling volatility in benchmarks, particularly for inflation readings from the Labor Department. Falling response rates to government surveys, coupled with pandemic-driven seasonal quirks and long-standing budget strains, have made it harder to collect and analyze reliable data — including for an employment report due Thursday. Agencies have also shed staff through early retirements, deferred resignations and normal attrition.

And the chief economist at Moody’s Analytics is warning that the numbers that we are being given by our own government are becoming increasingly shaky…

Mark Zandi, chief economist at Moody’s Analytics, said the quality of U.S. economic data is becoming increasingly shaky just as the country faces major shifts from trade, immigration and other policy changes — a time when better investment in data is needed.

Among multiple worrying trends, he pointed to the combined 95,000 downward revisions, announced last month, to job gains in April and March, an outsize number of revisions that could be at least partly driven by ongoing strains at the Labor Department.

“There’s no smoking gun, yet, but there is smoke,” he said.

Personally, I lost faith in government economic numbers long ago.

As I discussed yesterday, I am convinced that the economic numbers that we are getting from private sources are far more reliable.

And those numbers clearly paint a picture of an economy that is crumbling.

We are a nation that is absolutely drowning in debt. Meanwhile, the housing market is in a depressed state due to high interest rates, employers are conducting mass layoffs all over the nation, our cost of living crisis never seems to end, and the global trade war is causing all sorts of chaos for U.S. businesses.

The rest of the world can see what is happening, and they are losing confidence in our currency.

The value of our currency has now fallen for six consecutive months, and it is being reported that the U.S. dollar is “suffering its worst start to a year in more than five decades”…

The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for some everyday items and a jump in expenses faced by travelers abroad, some analysts told ABC News.

The greenback has fallen more than 10% in value this year relative to a group of foreign currencies that belong to top U.S. trading partners.

Investors have fled U.S. dollars out of fear inflation could devalue the currency, especially as Congress has moved forward with a large spending bill set to worsen a decades-long trend of ballooning U.S. debt, analysts said.

This is something that government statisticians cannot spin.

Our currency is steadily getting weaker, and that means that we are steadily losing purchasing power…

At home, a bigger concern is inflation, and lost purchasing power for U.S. consumers and businesses, who still remain heavily reliant on imports. Until America is able to sustainably produce more goods on its own at higher volumes, purchasing power will decline as it becomes relatively more expensive to import goods from abroad.

In the meantime, analysts say, a more alarming trend may be taking root: Foreigners are no longer buying U.S. financial assets, like stocks and bonds, at the levels that have allowed the U.S. to finance its trade deficit in the first place.

Don’t be fooled.

The U.S. economy is definitely not in good shape.

If it was, the value of the U.S. dollar would not be dropping like a rock.

Something Just Broke: U.S. Employment Tanked In June, 744,308 Job Cuts Have Been Announced So Far This Year, And Retail Layoffs Are Up 255%

July 2, 2025 by Michael

What in the world just happened to the job market? The unexpectedly bad numbers that have just come in have truly been a shock to many of us. Yes, we knew that conditions were getting worse during the early stages of this year. In fact, the Federal Reserve Bank of New York has publicly admitted that the labor market “deteriorated noticeably” during the first quarter of 2025. But now it is becoming clear that our economic slide is threatening to become an economic avalanche.

The U.S. economy needs to add approximately 150,000 jobs a month just to keep up with population growth. Unfortunately, the latest monthly report from ADP shows that the U.S. economy actually lost jobs last month. Private sector employment dropped by 33,000 in June, and that was the very first decline that we have witnessed since 2023…

Private sector hiring shrunk dramatically last month in a worrying sign for the the US economy.

Private payrolls shed 33,000 jobs in June, but analysts had expected them to add 100,000, the latest ADP figures revealed.

The worrying data – the first decrease since 2023 – suggests the US economy could be a lot less resilient than investors have been hoping.

There is no way to spin this to make it look good.

The labor market has gotten much tighter, and large companies all over the nation are trimming their payrolls right now.

In particular, service jobs are being axed at a very alarming rate…

The bulk of job losses came in service roles tied to professional and business services and health and education, according to ADP. Professional/business services notched a decline of 56,000, while health/education saw a net loss of 52,000.

Financial activity roles also contributed to the month’s decline with a drop of 14,000 on balance.

Personally, I believe that the numbers that we get from ADP are far more accurate than the highly manipulated numbers that we get from the federal government.

But I also believe that the most accurate picture of the labor market comes from the monthly report that is released by Challenger, Gray & Christmas. According to the latest report, U.S. employers announced a total of 744,308 job cuts during the first half of this year. The last time that we saw a larger figure was during the early days of the pandemic in 2020…

Layoffs across the U.S. this year have climbed to their highest level since the pandemic slammed the economy in 2020, new labor data shows.

In the first half of 2025, companies announced 744,308 job cuts nationwide, the highest tally since the first six months of 2020, when employers cut nearly 1.6 million jobs in response to COVID-related disruptions, according to outplacement firm Challenger, Gray & Christmas.

In 2020, we could blame the lockdowns for the layoffs.

But this time around, there are no lockdowns.

Retailers are being hit particularly hard. According to Challenger, Gray & Christmas, retail job cuts during the first half of 2025 were 255 percent higher than they were during the first half of 2024…

Retailers have eliminated nearly 80,000 jobs this year, up 255% from the first half of 2024.

“Retailers are one of the hardest hit business sectors by tariffs, inflation and uncertainty,” Andrew Challenger, senior vice president of Challenger, Gray & Christmas, said in a statement. “If consumer spending continues to fall, it could mean more job losses in this industry.”

When I first started using the term “retail apocalypse”, a lot of people thought that I was exaggerating.

Does anyone out there want to tell me that I am exaggerating now?

Day after day, more big names go bankrupt.

In fact, we just learned that Del Monte Foods has filed for Chapter 11 bankruptcy…

Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the US on Tuesday under an agreement with certain key lenders, the company said in a statement.

The company has secured $912.5 million in financing to support itself through the proceedings, it said, adding that it intends to remain open and continue operations throughout the bankruptcy.

The 139-year old company hosts names like canned fruits and vegetables brand Del Monte, College Inn, under which it sells broth and stocks, and tea brands like Joyba.

I had no idea that they were in trouble.

Of course even companies that are thriving are making cutbacks right now.

On Wednesday, Microsoft confirmed that it will be laying off approximately 9,000 more workers…

Microsoft is kicking off its fiscal year by laying off thousands of employees in the largest round of layoffs since 2023, the company confirmed Wednesday.

In an ongoing effort to streamline its workforce, Microsoft said as much as 4%, or roughly 9,000, of the company’s employees could be affected by Wednesday’s layoffs.

This latest round of layoffs comes in the aftermath of a round of layoffs in May and a round of layoffs in June…

Wednesday’s move follows two waves of layoffs in May and June, which saw Microsoft fire more than 6,000 employees, almost 2,300 of whom were based in Washington.

During May’s round of layoffs, Microsoft emphasized that it wanted to flatten management layers. But data from Washington state showed only about 17% of the cuts in Redmond were designated as managers.

Why is Microsoft doing this?

They are supposed to be one of our most successful companies.

Speaking of successful tech companies, it is being reported that Amazon will be conducting “brutal workforce cuts”…

Amazon’s CEO has announced brutal workforce cuts as the company increases its use of Artificial Intelligence.

Amazon boss Andy Jassy said he plans to reduce the company’s corporate workforce over the next few years as AI will make certain roles redundant.

Jassy told employees in a note seen by the Wall Street Journal that AI was a once-in-a-lifetime technological advancement and it has already transformed how Amazon operates.

If our largest and most valuable companies are ruthlessly slashing workers, what does this say about our economy as a whole?

Other corporate giants such as Google, UnitedHealthcare and Nissan are reducing workforce levels by offering buyouts to their employees…

In the private sector, Google, UnitedHealthcare and Nissan, among others, have offered buyouts to U.S. workers this year.

Buyouts can sound tempting. A five-figure severance package might be the most money a worker has ever seen in one paycheck. But it’s also the last paycheck your employer will give you.

“It’s like lottery winners. Some people think the money lasts longer than it does,” said Donna Walton, wealth strategist at TD Wealth.

A couple of years ago, corporate America was engaged in a hiring frenzy.

But now the environment has completely changed.

We all need to brace ourselves for what is ahead, because it appears that things will get even more challenging during the months to come.

Walmart Workers Are Suddenly “Vanishing”, And You Will Be Stunned To Learn The Reason Why This Is Happening

July 1, 2025July 1, 2025 by Michael

Why are thousands of Walmart workers suddenly “vanishing” all over the nation? And why are vast numbers of agricultural workers suddenly no longer showing up for work? What I am about to share with you is extremely alarming. During the “open border years”, our economy became extremely dependent on very cheap migrant labor. Now that the border has been secured and mass deportations are occurring, major employers throughout the country are experiencing a case of severe whiplash.

The open border policies of Joe Biden caused a tremendous amount of chaos from coast to coast. Violent criminals came pouring in, and we definitely need to get those violent criminals out. For example, Homeland Security Secretary Kristi Noem just revealed that a cannibal that was being deported literally started “to eat himself” on the plane ride out of the United States…

Homeland Security Secretary Kristi Noem made the eyebrow-raising revelation during an appearance alongside Trump while visiting a makeshift immigrant detention facility in the Florida Everglades that has been dubbed “Alligator Alcatraz” by Sunshine State officials and the president’s supporters.

“They said that they had detained a cannibal and put him on a plane to take him home, and while they had him in his seat, he started to eat himself, and they had to get him off and get him medical attention,” Noem said.

The revelation came as Noem detailed the Trump administration’s efforts to find and deport millions of migrants who have been living and working in the country, often with official work authorizations, over the last few years.

Keeping people like that from entering the country illegally is a matter of national security.

So we should be thankful that the federal government is finally taking action.

But the mass deportations are also causing enormous problems for major U.S. employers.

Walmart is the largest private employer in the United States, and they are “losing coworkers overnight” due to a recent U.S. Supreme Court decision…

Walmart employees are saying they’re losing coworkers overnight.

The retailer, America’s largest private employer, is complying with a sweeping Supreme Court decision that allowed the Trump administration to revoke work protections for half a million migrant employees.

Walmart staffers are saying the company is responding with quick staffing cuts in stores. They’re worried there aren’t enough workers.

So many Walmart workers are suddenly vanishing that it is creating a tremendous amount of strain on the workers that remain…

One Reddit user claimed their location lost 10 employees with work visas. Another reported 40 departures at a 400-person store, forcing older workers and managers to stretch themselves thin just to keep shelves stocked.

“Most of our older floor associates are constantly asking for help,” one employee wrote. “It’s not really ideal.”

Farms all over the nation are also being hit really hard by the mass deportations.

Fear of being rounded up has caused vast numbers of migrants to go into hiding, and as a result 70 percent of farm workers have stopped reporting to work in some areas of the country…

Immigration enforcement operations on farms have left crops rotting and farm operations disrupted in major agricultural states including California, Texas, and Pennsylvania.

Farm owners and industry representatives report that up to 70 percent of workers stopped reporting to work following Immigration and Customs Enforcement (ICE) actions, resulting in significant crop losses and financial strain.

If healthy crops are allowed to rot, that won’t be good for any of us, because it will mean higher prices at the grocery store.

This crisis is particularly severe in Southern California…

In the vast agricultural lands north of Los Angeles, stretching from Ventura County into the state’s central valley, two farmers, two field supervisors and four immigrant farmworkers told Reuters this month that the ICE raids have led a majority of workers to stop showing up.

That means crops are not being picked and fruit and vegetables are rotting at peak harvest time, they said.

One Mexican farm supervisor, who asked not to be named, was overseeing a field being prepared for planting strawberries last week. Usually he would have 300 workers, he said. On this day he had just 80. Another supervisor at a different farm said he usually has 80 workers in a field, but today just 17.

We should have never allowed ourselves to become so dependent on cheap migrant labor.

Now we are facing significant labor shortages throughout our agricultural supply chains…

“We do not have enough workforce in the United States to do manual work, to do those jobs that other people are not qualified to do and do not want to do it,” Alexandra Sossa, CEO of Farmworker and Landscaper Advocacy Project, told Newsweek. “For example, we are running into a problem where we do not have enough farm workers to grow the food we eat every day.

“Now we do not have enough workers to go to the meatpacking processing industries and factories to produce, to pack the food that we are eating.”

Ultimately, U.S. citizens are going to have to start taking over the jobs that are being vacated.

And there should be plenty of workers available, because economic conditions have been deteriorating and the labor market has been very weak lately…

The frozen labor market adds another layer of concern for consumer spending. Private sector wage growth continues slowing as unemployment duration rises and job seekers give up. This creates a feedback loop: weaker labor market conditions reduce workers’ bargaining power, which slows wage growth and ultimately constrains spending.

One way or another, we are just going to have to adjust.

Because we can’t ever go back to the days when our borders were completely wide open.

The violence that happens on the other side of our southern border is absolutely horrifying, and we definitely don’t want to see similar violence in communities all over America…

Sinaloa Cartel gunmen killed close to two dozen rivals, hanging four from a bridge, dismembering some, stuffing them in bags, and stacking the rest inside a van. The gory crime scenes sparked terror as two main factions, the Chapitos and Mayiza factions of the Sinaloa Cartel, continue to wage a fierce turf war that killed hundreds and rages on, for almost a year, despite the many assurances by Mexico’s government about cracking down on cartel violence. The Sinaloa Cartel is designated as a Foreign Terrorist Organization by the U.S. Department of State.

Some of the most violent areas on the entire planet are located in northern Mexico.

It is the duty of the federal government to protect us from that violence.

Unfortunately, disrupting the economy has been a side effect of securing the border.

Hopefully U.S. citizens will be willing to step up and fill the gaps that have been created in our supply chains.

If that doesn’t happen, we could experience some big problems in the months ahead.

This Is The Worst Year For The U.S. Dollar Since The Oil Crisis Of 1973

June 30, 2025 by Michael

The U.S. dollar just keeps getting weaker and weaker, and that is a major problem because our current standard of living depends on having a strong dollar. When the U.S. dollar is strong relative to other national currencies, our paychecks stretch farther and we can buy more stuff. Conversely, when the U.S. dollar is weak relative to other national currencies we can’t buy as much stuff and our standard of living goes down. So the fact that the U.S. dollar is “having its worst start to the year since 1973” should deeply alarm all of us…

The US dollar — once a pillar of American economic strength — is having its worst start to the year since 1973.

President Trump’s whipsawing trade and economic policies have prompted investors to sell what is still the world’s dominant currency.

So far in 2025, the dollar index — which tracks the greenback against major currencies like the euro and pound — has dropped more than 10 percent.

That marks the sharpest first-half fall since the collapse of the gold-backed Bretton Woods system more than 50 years ago sent the dollar down 15 percent.

Were you alive in 1973?

If so, you probably remember that it was a horrible year.

The Vietnam War was raging, tax rates were sky high, crime rates were rising, the U.S. economy was in really rough shape, and Arab nations hit us with a crippling oil embargo.

Unfortunately, we are facing a similar scenario today. We are involved in wars in the Middle East and Ukraine, the federal government is drowning in debt even though tax rates are still way too high, there has been rioting in the streets of Los Angeles and other major cities, economic conditions just continue to get worse, and a global trade war has erupted.

The rest of the world is losing confidence in us and in our currency, and the dollar index fell once again on Monday…

The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, fell 0.15% to 97.05, on track for its sixth straight month of losses. It is set to mark its worst half-year since the 1970s.

The fact that the dollar index has now fallen for six consecutive months is a major national crisis.

Why aren’t more people talking about this?

The silver lining of having a weaker dollar is that it is supposed to make our products more competitive to the rest of the world and reduce our trade imbalances. But instead, the U.S. current account deficit exploded to a brand new record high during the first quarter of 2025…

The U.S. current account deficit widened to a record high in the first quarter as businesses front-loaded imports to avoid President Donald Trump’s hefty tariffs on imported goods.

The Commerce Department’s Bureau of Economic Analysis said on Tuesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, jumped $138.2 billion, or 44.3%, to an all-time high of $450.2 billion. Data for the fourth quarter was revised to show the gap at $312.0 billion instead of $303.9 billion as previously reported.

Meanwhile, our economy as a whole actually contracted at a 0.5% annualized rate during the first quarter of this year…

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration’s aggressive tariffs on imported goods.

Gross domestic product decreased at a downwardly revised 0.5% annualized rate last quarter, the Commerce Department’s Bureau of Economic Analysis (BEA) said in its third estimate of GDP on Thursday. It was previously reported to have dropped at a 0.2% pace.

One of the big reasons why our economic performance has been so dismal is because the U.S. housing market is having “its worst year in decades”…

Meredith Whitney thinks the housing market is set for “its worst year in decades.”

The CEO of investment research firm Meredith Whitney Advisory Group and senior advisor at Boston Consulting Group told Yahoo Finance that 2023 and 2024 were both bad years, but it’s now looking even worse with about 4 million sales of existing homes expected.

Whitney thinks the actual number may be significantly below that figure. “That poses a real problem for the general economy,” she said.

The Federal Reserve needs to reduce interest rates immediately.

But Fed Chair Jerome Powell seems to think that everything is just fine.

I can certainly understand why President Trump is so frustrated with him.

On top of everything else, now that the student loan payment pause is over we are facing a student loan delinquency crisis of unprecedented magnitude…

Another significant development for consumer spending power is the return of student loan delinquencies. After a 43-month payment pause, nearly one in four student loan borrowers (23.7%) were behind on their student loans in the first quarter of 2025.

The scale of this change is unprecedented. According to the Quarterly Report on Household Debt and Credit published by the New York Fed, more than 2.2 million newly delinquent borrowers have seen their credit plunge by over 100 points, while more than 1 million have experienced drops of at least 150 points.

This isn’t just about student loans – it’s about access to consumer credit going forward. An estimated 2.4 million delinquent borrowers previously had credit scores above 620, meaning they qualified for mortgages, auto loans and credit cards before these delinquencies hit their reports. Many no longer do.

We have got a real mess on our hands.

Nobody can deny this.

Looking ahead, there is a tremendous amount of trouble looming on the horizon.

In fact, CNN just published an article that warns that “economic hell” could be coming this summer.

According to that article, one of the reasons why “economic hell” could be approaching is because the pause on “reciprocal tariffs” on most of our trading partners ends on July 9th…

The first is July 9, which marks the end of President Donald Trump’s 90-day pause on what he termed as “reciprocal” tariffs on dozens of America’s trading partners. Unless those countries reach trade deals with the US, they could potentially face much higher tariffs.

That is a really big deal.

If tariffs suddenly go far higher on literally thousands upon thousands of imported products, that is going to cause an immense amount of economic pain.

And the war between Israel and Iran could potentially erupt again at any time. If that were to happen, the Iranians would likely close the Strait of Hormuz, and that would make the oil embargo of 1973 look like a Sunday picnic.

The first half of 2025 has been crazy, but I am even more concerned about the second half of 2025.

I believe that it is going to be filled with all sorts of unpleasant surprises, and that won’t be good for any of us.

A Grand Ayatollah In Iran Just Issued A Fatwa That Designates Donald Trump As An “Enemy Of God”, And That Normally Results In Execution

June 29, 2025June 29, 2025 by Michael

One of the most important Shiite clerics in the entire world, Grand Ayatollah Makarem Shirazi of the Iranian holy city of Qom, has just issued a fatwa which officially declares Donald Trump to be an “enemy of God”. In Iran, those that are designated to be “enemies of God” under Islamic law are normally executed. According to an Iranian news source, the reason why Grand Ayatollah Makarem Shirazi has issued this fatwa is because Trump threatened Iran’s Supreme Leader Ayatollah Khamenei and other top Iranian leaders…

Grand Ayatollah Makarem Shirazi has issued a fatwa in which he declares anyone who threatens Leader, and Shia Marja to be the Enemy of God, who has to be fought against according to Islamic teachings.

To those of us living in the western world, labeling someone as an “enemy of God” may not seem like a very big deal.

But in Shia Islam, it is a technical theological term that has very grave implications.

Do you remember the fatwa that was issued against Salman Rushdie?

After that fatwa was issued, Rushdie had to live in hiding for years, but eventually an attacker caught up with him anyway.

Now President Trump is facing a similar threat. Grand Ayatollah Makarem Shirazi is calling on “all Muslims around the world” to work together to make “the criminal American president” pay for what he has done…

After threats were made by the criminal American president and the leaders of the child-killing Zionist regime against the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, and the senior Shiite clerics known as Marja, a group of believers submitted a request to His Eminence Grand Ayatollah Makarem Shirazi regarding the duties of Muslims in response to such threats. Grand Ayatollah Makarem response to the question put forward by his followers is as follows:

“Any person or regime that threatens the Leader or Marja (May God forbid) is considered an enemy of God,” Grand Ayatollah Makarem said in his Fatwa, which is a response to the question to him.

The senior Iranian Shia Marja added that “any cooperation or support for that enemy by Muslims or Islamic states is haram or forbidden. It is necessary for all Muslims around the world to make these enemies regret their words and mistakes.”

He also said that if a Muslim who abides by his Muslim duty suffer hardship or loss in their campaign, they will be rewarded a fighter in the way of God, God willing.”

Now that this fatwa has been formally issued, Donald Trump, Benjamin Netanyahu and other high ranking Israeli officials are officially considered to be “Mohareb” from this point forward…

I asked Google AI for more information about the term “Mohareb”, and this is what I was told…

In Iran, Mohareb (or Moharebeh) is a term used to describe someone who wages war against God, the state, or who is an enemy of God. It is typically used in the context of Sharia law to refer to individuals who take up arms against the government. The charge is often associated with the death penalty, particularly when applied to those who allegedly use weapons to threaten public security.

Did you catch that last sentence?

Those that are designated as “Mohareb” in Iran are usually executed.

And there are vast numbers of lunatics inside Iran that would be more than willing to carry out such a sentence.

In fact, on Saturday thousands of Iranians that had poured into the streets for a funeral procession were burning U.S. flags and chanting “death to America”…

Thousands of enraged Iranians burned the US flag and chanted “death to America” and “Israel” Saturday as the Islamic Republic buried the head of its armed forces and other top commanders who were killed during the 12-day war.

The caskets of about 60 corpses, including Islamic Revolutionary Guard Corp’s chief Generals Hossein Salami and Amir Ali Hajizadeh, were marched through the streets of downtown Tehran for the first public funerals since President Trump helped broker a June 23 cease-fire between the two Middle Eastern countries.

“Death to America” and “Death to Israel,” the crowds screamed as flags of both countries were set ablaze.

It certainly doesn’t sound like they think this is over.

In fact, many are entirely convinced that it is just a matter of time before Iranian sleeper cells inside the U.S. start taking action.

Could this be one of the reasons why large barricades are being put up around the White House and the U.S. Treasury?…

Overnight, construction crews in Washington, D.C. have been observed erecting large anti-scale barricades around the White House and the U.S. Treasury. This unusual activity has sparked widespread speculation among social media users about potential major announcements or events. The Secret Service has not provided an official reason for these enhanced security measures, leading to a mix of concern and curiosity.

Considering everything that just happened in the Middle East, and considering the fact that July 4th is coming up this week, law enforcement authorities from coast to coast are on a high state of alert…

Since the announcement of the US airstrikes in Iran last Saturday, major states, such as California and New York, have been on high alert for threats.

Earlier this week, Homeland Security announced it had arrested 11 Iranian nationals who were illegally in the country, including an alleged sniper.

The 11 men were arrested across the country, including from California, Colorado, Maryland, New York, and Texas.

Why haven’t we heard more about this?

It is certainly not normal for an “Iranian sniper” to be arrested.

Was he part of a team that was planning something really big?

As I warned last week, we are a nation that is absolutely teeming with soft targets. We are far more vulnerable than most people realize, and on major holidays such as July 4th there are large gatherings of people all over the country.

During a recent interview with Greg Hunter, Steve Quayle also warned that our enemies could choose to use “asymmetrical warfare” against us…

Everyone should learn the term ‘asymmetrical warfare.’ This is what you see when you are talking terrorism, refineries blowing up and wildfires being started at a much higher pace than ever before.

If a radical Shiite terrorist dies during a terror attack, that is considered to be a good thing.

In fact, many radical Shiite lunatics are quite eager to get to “paradise” because that will mean having endless pleasure with heavenly virgins.

Yes, this is what they actually believe. Dan Burmawi recently posted about this on Twitter, and I have included his entire post below because it does such a great job of detailing how these terrorists view the afterlife…

A single intercourse with one of the virgins of paradise will last seventy thousand years.

Islam’s obsession with virgins in paradise isn’t just a minor detail, it’s a central, driving force in its theology of rewards.

The Islamic afterlife isn’t about communion with God, spiritual enlightenment, or divine wisdom, it’s a carnal, male-centered fantasy of unlimited sexual gratification.

Islamic texts describe these women as perpetual virgins, untouched, and designed solely for the pleasure of men.

“Indeed, We have produced the women of Paradise in a [new] creation. And made them virgins, devoted [to their husbands] and of equal age.” (Quran 56:35-37)

“Fair ones reserved in pavilions. Untouched before by any man or jinn.” (Quran 55:72-74)

Hadith collections affirm that after every act of intercourse, these “virgins” miraculously return to a state of virginity so the process can be repeated endlessly.

These heavenly beings are not just virgins, they are physically exaggerated to fulfill male fantasies:

Large, round breasts:“Indeed, for the pious there is a triumph… full-breasted companions of equal age.” (Quran 78:31-33)

The Arabic term kawa‘ib in 78:33 literally means “firm, swelling breasts.”

Big, lustrous eyes:“They will have maidens with intensely white skin and large black eyes, as if they were hidden pearls.” (Quran 52:20)

Glowing, hairless, smooth skin:“If one of the women of paradise were to appear to the people of the earth, she would fill the space between heaven and earth with light and fragrance.” (Tirmidhi, 2538)

Muhammad explicitly stated that men in paradise will have endless sexual stamina, never experiencing fatigue.

The virgins, in turn, never get tired, never say no, and are always ready for intercourse.

The Prophet was asked, “O Messenger of Allah, do we have sexual intercourse in Paradise?” He replied: “Yes, by the One in Whose Hand is my soul, a man will have sexual intercourse with a hundred virgins in one morning.” (Ibn Majah, 4337)

Another hadith states that men will be given the strength of 100 men in sexual performance. (Tirmidhi, 2536)

According to Al-Suyuti, a famous Islamic scholar:

“The believer will be given such and such strength in paradise for intercourse… A single intercourse with one of the virgins of paradise will last seventy thousand years.” (Al-Suyuti, Al-Haba’ik fi Akhbar al-Mala’ik)

These “virgins” don’t need to poop, pee, or sweat, they exist for one purpose: eternal male pleasure.

“They will neither urinate, defecate, nor suffer from phlegm or mucus. Their sweat will be musk.” (Muslim, 2834)

“They will be hairless except for their eyebrows and eyelashes.” (Tirmidhi, 2536)

A believer doesn’t get just one virgin, he gets dozens, or even hundreds.

“A martyr will have 72 virgins.” (Tirmidhi, 1663)

“The lowest rank of a person in paradise will have 80,000 servants and 72 wives.” (Ibn Majah, 4337)

While men are promised an endless supply of sex slaves, the fate of women in Islam’s paradise is nonexistent or humiliating.

Women in Islamic eschatology exist only for men’s pleasure, nothing else.

While other religions speak of enlightenment, unity with God, or transcendent joy, Islam offers a pornographic fantasy land where men indulge in endless sex, alcohol, and servitude.

What kind of God rewards faithfulness with an eternal orgy?

What kind of religion reduces the afterlife to a hypersexualized playground?

This is not spiritual. This is not divine. This is the theology of a man who designed an afterlife to justify his own sexual obsessions.

And yet, Muslims claim Islam is the most moral and pure religion.

Islam’s paradise is nothing more than a cosmic brothel.

How can you reason with people that actually believe this stuff?

You can’t.

Personally, I am entirely convinced that Islamic terrorists will commit some absolutely horrifying acts of violence on U.S. soil.

But if they do release bioweapons or set off a dirty bomb, we may not ever know who did it.

They may simply unleash death and destruction without taking any responsibility at all.

We have made a very dangerous enemy, and they will remember the events of this month for a very, very long time.

11 Signs That The Entire Country Is Facing Enormous Economic Challenges Right Now

June 25, 2025June 25, 2025 by Michael

While everyone has been preoccupied with the war in the Middle East and the anti-ICE protests going on around the nation, economic conditions in the U.S. have continued to deteriorate. The housing market is in abysmal shape, consumer spending is down and layoffs are way up. Meanwhile, fear of our seemingly endless cost of living crisis is preventing the Federal Reserve from cutting interest rates, and we shouldn’t expect any additional “economic stimulus” from our politicians in Washington any time soon because the federal government is already facing an unprecedented debt crisis. In other words, our economy is a giant mess and the cavalry isn’t going to come riding along to save us.

If you find yourself deeply struggling in this difficult economic environment, you are definitely not alone. The following are 11 signs that the entire country is facing enormous economic challenges right now…

#1 Sales of new homes in the United States absolutely tanked last month…

Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally adjusted, annualized basis, according to the U.S. Census.

That sales total was 6.3% lower than May 2024 and well below both the six-month average of 671,000 and the one-year average of 676,000. It also lags the pre-pandemic average in 2019 of 685,000 units sold.

Wall Street analysts were expecting May new home sales of 695,000, according to estimates from Dow Jones.

#2 According to the latest numbers that we have been given, home prices in the U.S. have fallen for two months in a row…

After US home pries declined in March (the latest data) for the first time in over two years, this morning’s Case-Shiller Home Price Index data was expected to show another drop in the cost of buying a home.

And the consensus was right but way off in magnitude as prices in April tumbled 0.31% MoM (-0.02% exp) – the biggest MoM drop since Dec 2022…

#3 Last month, existing home sales in the U.S. were the worst that we have seen during the month of May since 2009.

#4 Retail sales fell even more than expected last month…

Consumer spending pulled back sharply in May, weighed down by declining gas sales and looming unease over where the economy is headed, the Commerce Department reported Tuesday.

Retail sales declined 0.9%, even more than the 0.6% drop expected from the Dow Jones consensus, according to numbers adjusted for seasonality but not inflation. The decline followed a 0.1% loss in April and came at a time of unease over tariffs and geopolitical tensions.

#5 The Federal Reserve Bank of New York is warning that the labor market “deteriorated noticeably” during the first quarter of this year…

Economic research from the Federal Reserve Bank of New York indicated the labor market “deteriorated noticeably” in the first quarter of 2025, with those just entering the workforce taking the hardest hits.

The Labor Department reported that employers added 139,000 jobs in May while unemployment held steady at 4.2%. The unemployment rate for all college grads was 2.7%, but the rate for those between the ages of 22 and 27 years old jumped to 5.8%, according to the New York Federal Reserve. That’s the highest reading since 2021.

#6 According to Challenger, Gray & Christmas, U.S. employers announced 47 percent more job cuts in May 2025 than they did in May 2024…

Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to the Department of Government Efficiency (DOGE) remaining the leading reason for job cuts this year, according to a new report.

Global outplacement Challenger, Gray & Christmas on Thursday released a report that said there were 93,816 job cuts announced by U.S. employers in May. That amounts to an increase of 47% from 63,816 announced last May, while last month’s figure was down 12% from 105,441 cuts in April.

#7 For the first five months of this year, U.S. employers announced 80 percent more job cuts than they did during the first five months of last year…

That brings the total number of job cuts announced this year to 696,309 — an increase of 80% from the 385,859 jobs cut in the first five months of 2024. This year’s total is just 65,049 job cuts away from matching the 2024 annual total.

“Tariffs, funding cuts, consumer spending, and overall economic pessimism are putting intense pressure on companies’ workforces. Companies are spending less, slowing hiring, and sending layoff notices,” said Andrew Challenger, senior vice president of Challenger, Gray & Christmas.

#8 Factories in California are permanently shutting down at a staggering pace…

All within a week, California lost Amy’s Kitchen’s San Jose plant (331 jobs), Anheuser-Busch’s Oakland warehouse complex (142 jobs), and several smaller plants, all for unsustainable prices and operational disruption.

Amy’s Kitchen, for example, was losing $1 million monthly, consumed by inflation, labor shortages, and supply chain problems. Anheuser-Busch’s exodus, conversely, left workers in suspense as the plant changed hands without a guarantee of employment.

It is not bad luck, evidence of a business environment where even legendary companies can’t survive the relentless fiscal squeeze.

#9 More than 3 percent of Paramount’s entire workforce will be hitting the bricks…

Paramount Global is trimming its U.S. workforce by 3.5% in a move to cut costs.

The company’s plans to cut jobs were announced Tuesday by its three co-CEOs in a company-wide memo viewed by FOX Business.

Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins said in the message that Paramount was “taking the hard, but necessary steps to further streamline our organization this week.”

#10 Microsoft is cutting jobs in its gaming division for the fourth time in 18 months…

Microsoft is planning another round of cuts at Xbox as part of the tech giant’s ongoing reorganization.

Xbox managers are expecting substantial job cuts across the entire group as soon as next week, people familiar with the matter told Bloomberg. This marks the fourth time Microsoft downsized its gaming division in the past 18 months, the outlet reported. Several video game studios at the company’s Xbox division were shuttered in 2024, too.

#11 At this point, things are so bad that even Google is reducing headcount…

Google on Tuesday offered buyouts to employees across several of its divisions, including those within its knowledge and information and central engineering units as well as marketing, research and communications teams, CNBC has learned.

Knowledge and information, or K&I, is the unit that houses Google’s search, ads and commerce divisions. The buyouts Tuesday are the company’s latest effort to reduce headcount, which Google has continued to do in waves since laying off 12,000 employees in 2023.

CNBC could not confirm how many employees were impacted by the latest round of buyouts. The Information reported earlier that the company offered buyouts to employees in the search and ads unit.

Our ongoing economic decline is just one element of the “perfect storm” that we are now experiencing.

Everywhere around us, chaos is erupting.

Unfortunately, I believe that conditions will become even more chaotic in the months ahead.

If you currently have a job that you value, I would hold on to it as tightly as you can.

We all remember what happened in 2008 and 2009, and now it appears that another very serious downturn has arrived.

Where Is The Missing Uranium? – This Is A Question That The Entire World Should Be Asking

June 24, 2025June 24, 2025 by Michael

Nobody seems to know what happened to Iran’s enormous stockpile of enriched uranium. Until we learn the fate of that uranium, I think that it is premature for anyone to be declaring victory. Of course now that the ceasefire appears to be holding, everyone is declaring victory. Israel is declaring victory, Iran is declaring victory, and President Trump is declaring victory. But what is the truth?

The fate of Iran’s stockpile of enriched uranium is of utmost importance. If that stockpile remains intact, it will be a major victory for the Iranians. But if it has been destroyed, it will be a major victory for the United States and Israel.

Unfortunately, the truth is that what happened to that stockpile is currently unclear…

Still unknown is what will happen to Iran’s enriched uranium, the key ingredient for making a nuclear bomb that Iran says it removed from its nuclear sites before the United States attacked.

“Significant nuclear materials remain unaccounted for,” said Kelsey Davenport, the Arms Control Association’s director for nonproliferation policy.

Vice-President J.D. Vance has publicly stated that he thinks that Iran’s stockpile of enriched uranium was buried by the U.S. airstrikes, and he is dismissing concerns that the stockpile could have been moved prior to those airstrikes…

“The goal was to bury the uranium, and I do think the uranium is buried,” Vance said. Of the US, he said the goal of the bombing “was to eliminate the enrichment and eliminate their ability to convert that enriched fuel into a nuclear weapon. We don’t want that 60%-enriched uranium to become 90% enriched uranium. That’s the real concern”.

But Vance insisted it was not a concern that Iran could have moved it and claimed the bombing represented “mission success” because he said Iran no longer had the capacity to turn the stockpile into weapons-grade uranium. “And that was really the goal here,” he said.

But there are some experts that believe that Iran was able to move at least some of the enriched uranium before the airstrikes took place.

Former UN nuclear weapons inspector David Albright is one of those experts…

The former UN nuclear weapons inspector David Albright told CNN on Monday there are centrifuges that are “unaccounted for” that must still be dealt with to consider the US mission successful.

“I think that part of the mission has been accomplished,” he said. “Stocks of enriched uranium are one of them. I wish those stocks were buried, but our understanding is that some of them were taken away by Iran, and we don’t know where they are.”

Albright added that the question of the remaining, unaccounted-for centrifuges meant that “this problem isn’t over yet, but it is a manageable problem. Partly because turning that enriched uranium into weapons-grade uranium is not going to be a slow – a fast process”.

And there appears to be evidence that backs up the claim that the Iranians were moving enriched uranium.

A series of satellite images shows 16 trucks lined up outside the underground facility at Fordow just days before that facility was bombed…

There are reports Iran may have moved the stockpile, as well as some equipment, days before the attack to a secret location, a claim repeated by Israeli officials to The New York Times.

Satellite images from before the US’ strike showed a line of 16 trucks outside the Fordow nuclear plant, which is built inside a mountain and is considered impervious to most missile attacks, prompting Israel to ask the US to deploy its B-2 ‘Spirit’ bombers and the GBU-37 ‘bunker busters’ bombs early Sunday.

Of course the enriched uranium is just one part of the equation.

We also need to know if Iran’s underground centrifuges were destroyed by the U.S. airstrikes.

The Trump administration is claiming that they were, but an intelligence assessment that was leaked to CNN claims that they were not…

The US military strikes on three of Iran’s nuclear facilities last weekend did not destroy the core components of the country’s nuclear program and likely only set it back by months, according to an early US intelligence assessment that was described by four people briefed on it.

The assessment, which has not been previously reported, was produced by the Defense Intelligence Agency, the Pentagon’s intelligence arm. It is based on a battle damage assessment conducted by US Central Command in the aftermath of the US strikes, one of the sources said.

Why is there such disagreement between the intelligence assessment and what we are being told publicly?

According to this assessment, Iran’s nuclear program has been set back “maybe a few months”…

Two of the people familiar with the assessment said Iran’s stockpile of enriched uranium was not destroyed. One of the people said the centrifuges are largely “intact.”

“So the (DIA) assessment is that the US set them back maybe a few months, tops,” this person added.

The White House acknowledged the existence of the assessment but said they disagreed with it.

On top of everything else, we are also being told that Iran’s “secret nuclear facilities” were not hit by any airstrikes and “remain operational”…

US officials believe Iran also maintains secret nuclear facilities that were not targeted in the strike and remain operational, according to two sources familiar with the matter.

If this assessment is anywhere even close to accurate, we have a major problem on our hands.

The lunatics that run Iran have now been given all the motivation that they need to produce nuclear weapons.

After everything that has just happened, they know that they will not be able to defeat the U.S. and Israel using conventional weapons.

So it would be a shock if they didn’t rush to build nukes.

The entire purpose of negotiations was to get Iran to give up their nuclear program.

Well, that is definitely not going to happen now.

Alarmingly, a top Iranian official has already declared that Iran’s nuclear program is not going to be stopped…

On Tuesday the head of Iran’s nuclear energy program vowed that the country will continue its nuclear program uninterrupted, despite the Trump-ordered weekend heavy bombings of three key nuclear and uranium enrichment sites.

AEOI (Atomic Energy Organization of Iran) head Mohammad Eslami said on state television that “plans for restarting [the facilities] have been prepared in advance” and that measures ensuring continued production are in place.

“Despite the evil conspiracies of its enemies,” the AEOI said in the statement, “this organization will not allow the path of development of this national industry to be stopped.”

On the other side, Israeli Prime Minister Benjamin Netanyahu is pledging that Iran will be attacked again if they attempt to fully restore their nuclear program…

“If someone, if someone in Iran tries to restore that program, we will act with the same determination, the same power, to cut off any such attempt,” says Netanyahu.

“I repeat – Iran will not have a nuclear weapon.”

It appears that this story is far from over.

And that is not a good thing for any of us.

The negotiations with Iran were supposed to result in some sort of a resolution.

They didn’t.

This war was supposed to result in some sort of a resolution.

That didn’t happen either.

So what comes next?

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