Is This One Of The Wars Of The Apocalypse?

When I was first told that Israel was at war, I did not believe it.  Even though I had warned my readers over and over again that a major war could erupt in the region at any moment, I literally thought that someone was trying to share some “fake news” with me.  But of course it wasn’t fake news at all.  Israel’s government has invoked Article 40 Aleph and has formally declared war on Hamas.  This is the first time in 50 years that Israel has formally declared war, and the death toll is rising with each passing hour

The rapidly intensifying war between Israel and Palestinian militants roared through a second day Sunday, with the Israeli Security Cabinet formally declaring war and the death toll closing in on 1,000 — a figure that may include some Americans.

More than 600 Israelis have been killed since Hamas militants began their assault Saturday on almost two dozen Israeli towns and army bases, ZAKA, a volunteer group that handles human remains after terror attacks, told Israeli media. ZAKA said 250 bodies were found at a music festival near the Gaza border.

I did not think that Hamas was on the verge of launching such an attack.

I am constantly digging into countless news sources all over the world, and I had not come across even a hint that such a thing was about to happen.

But now the entire world is in an uproar.

Israel and Hamas are at war, and it appears that the IDF will conduct a full-blown invasion of the Gaza Strip.

If that happens, Hezbollah could become a party to the conflict.  They have already fired a bunch of rockets into Israel, and officials are warning that more direct action could be taken if Israel does not stand down.

And the Wall Street Journal is reporting that Iran actually helped Hamas plan their assault on Israel

The Wall Street Journal reported Sunday that Iranian security officials helped Hamas plan the surprise attack and approved it at a meeting in Beirut last Monday, according to senior members of Hamas and Hezbollah. The Journal reported that officers in Iran’s Islamic Revolutionary Guard Corps had worked with Hamas since August to devise the sophisticated air, land and sea assault.

If Israel and Iran start lobbing missiles at one another, this war could get really big.

So let us hope that does not happen.

Ominously, the Pentagon has already announced that U.S. forces are being moved into a position to intervene if things get out of hand….

U.S. Defense Secretary Lloyd Austin announced Sunday that he has ordered American military ships, including an aircraft carrier and additional aircraft, to move closer to the eastern Mediterranean in response to Hamas’ unprecedented, multi-front attack on Israel. Several U.S. citizens were among those killed in the attacks, a National Security Council spokesperson confirmed Sunday after Austin’s announcement.

“Today, in response to this Hamas attack on Israel, and following detailed discussions with President Biden, I have directed several steps to strengthen Department of Defense posture in the region to bolster regional deterrence efforts,” Austin said in a news release.

When things between Israel and Hamas have flared up in the past, the fighting has only lasted a few days.

But this is totally different.

In Israel, this attack is being compared to 9/11 and Pearl Harbor.  Hundreds of civilians were ruthlessly gunned down, and large numbers of hostages were taken

Horrifying footage showed women being marched into vehicles, bloodied and bruised, often with their hands bound behind their backs. Earlier pictures showed Israeli pensioners taken into the Gaza Strip on golf carts and families forced into trucks.

Some of the hostages, including the completely naked body of one woman, were paraded through the streets like trophies

The naked body of a woman was paraded through the streets in the back of a pick-up truck on Saturday as Hamas fighters sat on her unmoving form.

A celebrating crowd surrounded the armed men in combat fatigues, who shouted “Allah Akbar” from the open back of the truck.

Some in the crowd, which included youngsters, spat on the woman’s body before the truck sped away on a day of unprecedented massacres of Israeli civilians.

During the initial assault, Hamas terrorists descended upon a music festival where large numbers of people were dancing.

At least 260 innocent civilians were gunned down at that music festival, and we are being told that the terrorists “even shot the legs off hostages to prevent them from escaping”

The terrorists gunned down as many revelers as possible and on Sunday night horrifying photos emerged of bodies piled up in a tent at the festival.

Authorities believe 260 people were massacred at the event at which between 3-4,000 people have been in attendance.

Many of those kidnapped by Hamas terrorists include women both young and old. The terrorists even shot the legs off hostages to prevent them from escaping.

These terrorists are sick.

There is no place in a civilized society for anything like this.

But you know what?

All over the world, large numbers of people are actually celebrating these attacks.

Shockingly, even in the United States and Canada crowds of lunatics have been filmed shouting for joy.

According to U.S. Secretary of State Antony Blinken, one of the hostages that was captured is “an elderly Holocaust survivor in a wheelchair”, and four Americans have been confirmed dead so far…

Secretary of State Antony Blinken said Sunday that among the 100 people kidnapped from Israel by Hamas terrorists was an elderly Holocaust survivor in a wheelchair.

Four Americans have also reportedly been killed in the massacre that began Saturday morning, according to CNN.

The Israeli people are not going to be satisfied with blowing up a few dozen targets in Gaza.

At this point, the Israeli people want Hamas to be totally destroyed, and only a full-blown invasion will be able to accomplish that.

So is this one of the wars of the apocalypse?

At this stage, we just don’t know.

Let’s wait and see what happens next.

If Hezbollah, Iran and the United States all get involved in the conflict, then it will definitely have the potential to be the sort of Middle East war that I have been warning my readers about for many years.

In the event that a full-blown regional war does erupt, the price of gasoline will go absolutely nuts.

In fact, the price of oil has already jumped by about four percent

Oil prices jumped 4% as the Israel-Hamas conflict extended into its third day following a surprise attack on Israel by Palestinian militants Hamas.

Global benchmark Brent traded 4.53% higher at $88.41 a barrel Monday, while the U.S. West Texas Intermediate futures rose 4.69% to $88.67 per barrel.

Let me share one more thing before I end this article.

Instead of canceling his plans after the attack against Israel happened, Joe Biden decided to go ahead and host a picnic at the White House that included music from a live band

“In the late afternoon and early evening, a live band could be heard coming from the area near the Rose Garden,” the pool reporter wrote. “Your pooler asked why a band was playing. From the White House: The President and First Lady are hosting a BBQ for White House Executive Residence Staff and their families.”

Conservatives gathered on X, the platform formerly known as Twitter, to express their disapproval over the event.

“While Hamas holds Americans hostage, Joe Biden is enjoying a picnic with a live band,” Republican Missouri Sen. Josh Hawley tweeted.

“Given recent events, and certainly with the news of many Americans being held hostage in Gaza, I think I would have cancelled the White House BBQ with the live band,” Former Virginia Congressman Scott Taylor wrote.

No matter what happens in our world, Joe Biden always seems to find a way to respond in a way that is completely and utterly inappropriate.

We are literally teetering on the brink of World War III, and we have got the worst leader in the entire history of our country sitting in the Oval Office.

Biden has made disastrous decision after disastrous decision during his tenure, and now he has to figure out what to do about a Middle East war that is going to be very brutal and very bloody.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

We Are Witnessing One Of The Greatest Financial Market Crashes In History Right Now

History is starting to repeat itself.  In 2008, bond prices crashed before stock prices did.  Here in 2023, bond prices are crashing again.  In fact, we are currently witnessing one of the greatest financial crashes in U.S. history at this moment.  Of course most Americans have absolutely no idea that this is happening.  Most Americans don’t know anything about the bond crash that is causing a tremendous amount of fear in the financial community right now, and that is because the big news networks aren’t talking about it too much.  But it is serious.  Since the peak of the market, 10 year bonds are down 46 percent and 30 year bonds are down 53 percent

Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.

Bonds maturing in 10 years or more have slumped 46% since peaking in March 2020, according to data compiled by Bloomberg. That’s just shy of the 49% plunge in US stocks in the aftermath of the dot-com bust at the turn of the century. The rout in 30-year bonds has been even worse, tumbling 53%, nearing the 57% slump in equities during the depths of the financial crisis.

We haven’t seen anything like this in many years.

As bond yields go up, bond prices go down.

And the last time the yield on 10 year bonds rose to this level was “just before the 2008 financial crisis”

At the center of the storm is the 10-year Treasury yield, one of the most influential numbers in finance. The yield, which represents borrowing costs for issuers of bonds, has climbed steadily in recent weeks and reached 4.8% on Tuesday, a level last seen just before the 2008 financial crisis.

We are witnessing the exact same pattern that we witnessed in 2008 and during other financial panics.

Bonds crash first, and then stocks crash later.

I have warned over and over again that high interest rates were going to have an absolutely devastating impact on our system, and now it is staring to happen.

Our banks are going to be in so much trouble.  They were already sitting on hundreds of billons of dollars in unrealized losses, and the spike in bond yields in recent weeks has pushed that number even higher.

Meanwhile, mortgage rates continue to soar

Freddie Mac’s latest Primary Mortgage Market Survey released Thursday shows the average rate for the benchmark 30-year fixed-rate mortgage jumped to 7.49%, up from 7.31% last week and from 6.66% a year ago.

The rate for a 15-year mortgage also climbed, averaging 6.78% after coming in last week at 6.72%. One year ago, the rate on a 15-year fixed note averaged 5.9%.

These high rates are absolutely paralyzing the housing market.

Millions of potential buyers have been forced to the sidelines, because high rates have made housing “unaffordable” in 99 percent of all U.S. counties

Housing prices are growing more unaffordable even with the astronomical rise in mortgage rates, putting ownership out of reach for millions of Americans.

That’s according to a new report published by real estate data provider ATTOM, which examined 572 U.S. counties and determined that median home prices in 99% of those areas are out of reach for the average income earner, who makes about $71,214 annually.

“The latest trend continues a two-year pattern of homeownership getting more and more difficult for average U.S. wage earners,” the report said.

The home prices that we are seeing today are absolutely insane.

Recently, a 565 square foot house in West Hollywood “sold for a whopping $1.1 million”

A miniature home in Los Angeles’ West Hollywood neighborhood recently sold for a whopping $1.1 million despite only offering 565 square feet inside.

The 1924 Craftsman-bungalow – settled on a 2.240 square foot lot – is tucked away behind a row of hedges and located just across the street from a fire station.

I couldn’t imagine paying that much for a glorified closet.

But apparently someone out there had money to burn.

Of course most homes are not selling at this point.

In fact, sales of existing homes have fallen by about a third over the past year.

So something has got to give.

Either the Federal Reserve has got to dramatically reduce interest rates or home prices have got to fall.

And the Federal Reserve is not planning to reduce interest rates any time soon.

Unfortunately, Fed officials keep talking about the possibility of raising them even higher.

So a lot more pain is coming, and the American people are getting restless.

If you can believe it, a recent Rasmussen survey discovered that more than half of all U.S. adults believe that we will experience “another Great Depression” within the next few years…

Despite claims by President Joe Biden about the strength of America’s economy, most Americans still think we’re headed toward another Great Depression.

The latest Rasmussen Reports national telephone and online survey finds that 52% of American Adults believe it is likely that, over the next few years, the United States will enter a 1930s-like depression, including 21% who say a major depression is Very Likely. Thirty-six percent (36%) don’t think another Great Depression is likely over the next few years, including 11% who say it’s Not At All Likely. Another 11% are not sure.

Even though they may not understand the specifics, most Americans can feel that something has gone horribly wrong.

But things didn’t have to turn out this way.

You see, the truth is that we didn’t learn our lessons from the last financial crisis.

Instead of fixing the system, we created bubbles that were even bigger.

Now that bonds have crashed, it is just a matter of time before stocks crash too.

And we are headed for an economic meltdown of epic proportions.

The months and years ahead are going to be incredibly challenging.

So I hope that you have been preparing for difficult times, because the nightmare that many of us have been warning about has already begun.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

We Have Reached The Terminal Phase Of The Greatest Debt Spiral In The History Of The Human Race

If you are going to go out, you might as well do it with a bang.  At the beginning of June, our national debt was sitting at $31,467,639,287,894.39.  Today, it has risen to $33,442,148,619,617.43.  That means that we have added almost two trillion dollars to the national debt in just three months.  It is the largest single debt in the entire history of our planet, and it will never be paid off.  Our debt spiral has reached a terminal phase, and all we can do now is prolong the agony.  If we keep taking on more debt at an exponential rate, we may be able to extend our seemingly endless party for a little while longer.  As for the bright future that our children and grandchildren were supposed to have, we destroyed that a long time ago, and so it doesn’t really matter what we do now.

What our politicians are doing to us is truly a crime against humanity.

And I am not just talking about the United States.  All over the world, politicians have been on the greatest debt binge in the history of the human race, and for quite a few years it seemed like they were getting away with it.

But now interest rates are rising and there is great turmoil in the bond markets.  The following comes from CNN

A slump in government bonds around the world has pushed up the cost of some nations’ debt to levels not seen in more than a decade. That’s bad news for governments in the red but also for the wallets of millions of mortgage borrowers, stock investors and businesses.

The sell-off has been fueled by expectations among investors that the world’s major central banks will keep interest rates “higher for longer” to bring inflation down to their targets.

It works like this: Governments looking to raise cash for public services and investments issue bonds. A bond provides a way to borrow money from investors for a set length of time, with the obligation to make regular interest payments.

In recent weeks, bond yields have reached very alarming levels.

If this continues, governments all over the world will soon be facing enormous problems

When official interest rates rise, so do investors’ expectations for returns on bonds, known as yields. This creates an incentive for investors to sell the bonds they currently hold and buy newly issued ones that offer higher interest payments. Selling bonds reduces prices. So, in short, when yields rise, bond prices fall.

And yields have most definitely been rising: The yield on 30-year US government bonds, also known as Treasuries, hit 5% on Tuesday for the first time since 2007. In the United Kingdom, the yield on 30-year bonds also reached 5% this week, the highest level in more than two decades.

Yields on German long-dated bonds are back to levels last seen on the eve of the eurozone debt crisis in 2011. Yields on Italy’s 10-year bonds hit 5% on Wednesday, the highest level since 2012, when that crisis was in full swing.

There is no way out of this mess now.

If we would have acted responsibly all along, we would have gotten a much different outcome.

But at this point our fate is pretty much sealed.

Of course our politicians never intended to change course.  In fact, they continue to spend money like drunken sailors.

As Zero Hedge has aptly noted, the U.S. government recently added 275 billion dollars to the national debt in a single day…

The US added – checks notes – $275 billion in debt in, uh, ONE DAY

Total US debt is now $33.442 trillion, hit $33 trillion just 2 weeks ago, and on pace to rise by $1 trillion in 1 month.

What makes all of this even more frustrating is that they aren’t even spending the money efficiently.

And in many instances, it is being wasted on extremely frivolous things

Federal officials have been criticized after splashing $3.3 billion on swanky new office furniture during the pandemic, when almost all staff worked from home.

The egregious spending habits of the US government included almost $250,000 on solar-powered picnic tables for the CDC, and $120,000 on plush Ethan Allen leather chairs.

We are borrowing and spending money at an exponential pace, and we all know how this is going to end.

It is going to end with the U.S. dollar becoming worth little more than toilet paper.

This is a point that author Robert Kiyosaki made very eloquently during a recent interview

Robert Kiyosaki, renowned author of the phenomenal personal finance book “Rich Dad, Poor Dad,” shared a piece of his mind on how to decentralize from the fiat currency in these scary times of a broken banking system. According to him, the dollar has been losing its purchasing power and not long from now, it would just be worth less than “toilet paper.”

During his appearance on the recent episode “Decentralize.TV” hosted by Mike Adams and Todd Pitner, Kiyosaki pointed out how the lack of financial education in the United States blinds the people and even President Joe Biden’s administration in tackling the current economic downturn. “Just recently they raised the debt ceiling again… and because our schools have no financial education, no idea of credit rating, our debt increased by $1.8 trillion. The United States via Fitch Rating services downgraded the U.S. debt from AAA to AA-plus. We are on a collision course for disaster.”

It is true.

We really are on a “collision course” with disaster, but most Americans don’t realize what is happening.

Most Americans seem to believe that there will never be any serious consequences for all the borrowing and spending that we have been doing.

And that is because most Americans don’t understand basic economics.

When your debt rises much faster than your income does for an extended period of time, it is always going to result in pain.

Every single time.

If you have ever found yourself drowning in debt, you know exactly what I am talking about.

Well, now our entire country is drowning in debt, and our politicians are adding hundreds of billions more to that debt every single month.

This is not going to end well, and that should be obvious to everyone.

For the moment, our politicians are doing their best to keep the debt spiral humming, but the clock is ticking and time is quickly running out…

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Blue Cities Are Being Terrorized By Carjackers, Pirates, Looters, Serial Shoplifters And “Transnational Gangs”

Many of our largest cities simply aren’t safe anymore.  A relentless crime wave is terrorizing citizens from coast to coast, and it has gotten to a point where many people are literally afraid to walk outside of their own homes.  Of course conditions are the worst in blue cities.  In fact, every example that I am going to share with you in this article comes from an area that is being run by liberals.  Our once great cities are being systematically destroyed, and our politicians are unwilling to do what is necessary to turn things around.

In Philadelphia, a car dealership that was open for less than a week may be forced to close because thieves stole most of the cars on the lot

A car dealership open for less than a week in Philadelphia’s Mayfair section is on the brink of closing for good after thieves made off with several cars on Wednesday.

“If we don’t recover the cars, we probably won’t survive it,” said Nathan Kriegler, the co-owner of City Motors of Philadelphia. “It could be the start and the end all in the same week.”

I have never heard of anything like this before.

In addition to taking seven of the eleven vehicles that the small dealership owns, the thieves were also able to get away with their titles too

They ransacked his office, stole the keys to seven of the 11 cars on the lot, and made off with them. They also broke into an eighth car and tried to hot-wire it but were unsuccessful.

They also made off with the titles of the cars.

Down in Washington D.C., carjacking has become an absolutely massive problem.

In fact, things are so bad that even members of Congress are starting to get carjacked

Rep. Henry Cuellar, D-Texas, was carjacked Monday night about a mile from the Capitol.

His chief of staff confirmed the incident in a statement and said he was not injured.

“As Congressman Cuellar was parking his car this evening, 3 armed assailants approached the Congressman and stole his vehicle. Luckily, he was not harmed and is working with local law enforcement. Thank you to Metro PD and Capitol Police for their swift action and for recovering the Congressman’s vehicle,” the statement said.

His case is fairly typical.

Overall, 75 percent of all carjacking incidents in D.C. involve the use of guns.

And many times those guns are in the hands of young kids.

When one of these young kids decides that it is time to pull the trigger, it isn’t going to matter what you believe.

You could be the most “woke” leftist in the world, but that isn’t going to prevent you from getting killed.

32-year-old Ryan Carson was a very well known “social justice and climate change activist” in New York City, but the young criminal that stabbed him in the chest multiple times didn’t stop to ask what his political beliefs were…

Ryan Carson, a 32-year-old social justice and climate change activist, was brutally stabbed to death in Crown Heights, Brooklyn.

Carson was stabbed multiple times in the chest around 4 a.m. at Lafayette Avenue and Malcolm X Boulevard. He was with his girlfriend at the time, waiting at a bus stop after leaving a wedding, according to CBS New York.

The suspect, who was acting erratically, approached Carson and asked, “What are you looking at?” before launching the fatal attack.

And even though he repeatedly mocked those that were concerned about rising crime in our streets, that didn’t stop left-wing journalist Josh Kruger from getting shot seven times inside his own home

A left-wing Philadelphia journalist who mocked concern over rising crime in Democrat-run cities was shot to death in his home.

Josh Kruger was shot seven times after someone entered his home, shot him at the base of his stairs, and then fled. Kruger ran outside seeking help from his neighbors and collapsed, where police found them after responding to call just before 1:30 a.m. on the 2300 block of Watkins Street.

People like this never want to listen to the warnings.

Now they are dead.

At this point, I have no idea why anyone would want to live in Philadelphia.  It is one of the epicenters of our national drug crisis, and the two nights of rampant looting that we just witnessed made headlines all over the planet…

On the second night of flash mob looting in Philadelphia, the robbers ransacked the liquor store Fine Wine and Good Spirits, attacking its safe and lottery machine, as shown in footage spreading on social media. Reporter of FOX 29 News Philadelphia Steve Keeley, who originally reported on Wednesday night’s thefts, later posted the videos showing the aftermath of some looting that occurred at a sneaker warehouse in the city.

If you live in Philadelphia, New York City, Washington or any other major city on the east coast, I would consider moving while you still can.

Of course the same thing applies to the major cities on the west coast.

In particular, crime is completely and utterly out of control in the Bay Area.

This week, I was horrified to learn that one serial shoplifter actually doused a store clerk in lighter fluid and set him on fire

This is the horrific moment a Bay Area store clerk was set ablaze by a homeless serial shoplifter as he tried to stop him from stealing.

Suraj, who declined to provide his last name for fear of being targeted again, can be seen trying to wrestle Kendall Burton, 38, before being doused in lighter fluid.

The surveillance footage shows Suraj’s head consumed by flames as another store clerk runs to his rescue with a baseball bat.

That is nuts.

But this is the world that we live in now.

Along the shore, those that live on houseboats are yachts are having a major problem with “pirates”

Residents living on houseboats and yachts in the San Francisco Bay resorted to physically fighting off seafaring bandits who are ransacking their ships, former harbor master Brock de Lappe said.

Another woman said she rescued a man whose sailboat drifted into the bay without a motor or any way to get back to shore after one of the “pirates,” which is what the resident call the burglars, cut his boat line during an argument.

“The open shoreline of the (Oakland-Alameda) estuary is littered with sunken wrecks and derelict, end-of-life vessels, and crime has risen to truly intolerable levels,” de Lappe said during a municipal meeting.

Yes, this is actually happening.

And it is being reported that the police “have failed to intervene” so those that are being robbed are being forced to fight off the “pirates” themselves…

The brazen thieves – whose homeless encampments have spilled out of the city – are taking small motor-powered dinghies and using them in smash-and-grab raids on larger vessels and houseboats.

During Wednesday’s San Francisco Bay Conservation and Development Commission’s enforcement meeting community members spoke of having to fight off the pirates themselves as police in the Democrat-run city have failed to intervene.

Sadly, this is just the beginning.

What will you do when thieves finally come to your home?

You might want to start thinking about that, because conditions in this country are going to steadily get worse.

Illegal immigration is fueling the rapid growth of criminal gangs, and these gangs are becoming very aggressive.

And this isn’t just happening near the southern border.

In Oakland County, Michigan the activity of “transnational gangs” is causing a major crisis

Oakland County Sheriff Michael Bouchard called Friday for tighter border security as his office works with multiple agencies to intercept the efforts of “transnational gangs” involved in “high-end burglaries,” prowling across Oakland county and throughout the nation.

The sheriff detailed at a press conference what officials have learned about the burglaries that have ravaged Michigan’s second most populous county, resulting in what Bouchard described as the loss of “hundreds and hundreds of thousands of dollars” worth of merchandise. He did not detail how many arrests have been made or other details authorities have complied in connection with incidents but said “there are specific threads” officials are aware of.

Unfortunately, the Biden administration has no intention of doing anything about our wide open borders.

So more criminals are pouring in through our southern border with each passing day.

The stage is being set for chaos in the streets of America that will be unlike anything we have ever seen before.

But things didn’t have to turn out this way.

If our leaders would have made much different decisions, we could have gotten much different results.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Is China Pre-Positioning Vast Numbers Of Soldiers, Spies and Saboteurs In U.S. Communities For The Coming War?

There has been a dramatic spike in the number of Chinese nationals that are coming across our borders.  The vast majority of them are men, and the vast majority of those men are of military age.  Most of the time, when these men are intercepted by U.S. officials they claim that they have come to apply for asylum in the United States.  Of course they know that their court dates will be set far into the future because our system is being absolutely overwhelmed by asylum seekers right now.  As they wait for their court dates, most of them are released into the United States and are permitted to go wherever they want.  So what this means is that thousands upon thousands of Chinese men of military age have been allowed into this country, and we don’t know where they are or what they are doing.

According to Fox News, the number of Chinese nationals that are being encountered at our borders far exceeds anything that we have ever seen before…

So far in fiscal year 2023, U.S. Customs and Border Protection encountered nearly 40,000 Chinese nationals on both the southern and northern borders, far surpassing the approximately 23,500 and 27,800 encountered in fiscal years 2021 and 2022, respectively.

In July, more than 6,000 crossed the border, just two months after the COVID-19-era rule that allowed for expelling illegal migrants quickly – known as Title 42 – expired.

Obviously these Chinese nationals do not walk to our borders from China.

So how do they get here?

Well, it is being reported that many of them begin their journeys in the nation of Ecuador…

The Chinese migrants typically start their journey in Ecuador, which is visa-free for Chinese citizens, as per The Diplomat. From there, they head to Necoclí, a town in Colombia’s northern coast, which then leads to the Darién Gap, a 66-mile dense jungle reportedly filled with armed guerillas, drug traffickers and deadly biodiversity. Some who undertake the treacherous journey allegedly pay smugglers up to $35,000 for help.

This is a major national security issue, but the Biden administration isn’t doing anything about it.

Needless to say, this is greatly frustrating many Republicans.  In fact, the chair of the Homeland Security Committee in the House of Representatives recently told the Daily Mail that he is concerned that China may be sending these men here for a specific purpose

House Homeland Security Committee Chairman Mark Green, R-Tenn., told DailyMail.com that there has been a ‘massive increase’ of Chinese nationals tied to the People’s Liberation Army (PLA) that have gained access to the U.S. by crossing over the border.

And there have been over 17,800 Chinese nationals released into the U.S. this year alone, he claimed.

Green called the ‘stupidity’ of the Biden administration’s border policies currently in place ‘mind-blowing’ because now Chinese spies could act as ‘saboteurs’ in the same manner Russian military men established residency in Ukraine before the invasion.

I think that Green’s concerns are quite justified.

Just as rumors of a potential war between the U.S. and China are reaching a crescendo, we are seeing Chinese men cross our borders in much larger numbers than we ever have before.

And they appear to be doing it in groups.

Earlier this year, one reporter released video footage that showed “hundreds of military-aged Chinese men in Panama heading toward the U.S. border”

A reporter released new video that appears to show hundreds of military-aged Chinese men in Panama heading toward the U.S. border.

Muckraker.com founder Anthony Rubin said on “Fox & Friends First” Wednesday that every day, multiple times a day, groups of men are lining up and getting on buses to continue their journeys.

There appears to be at least some level of coordination to these efforts.

And once they get here, Chinese nationals often end up in places where they aren’t supposed to be

The Chinese nationals posed as ‘tourists’ wandered onto a missile launch site in New Mexico, as first reported by the Wall Street Journal. In addition, some reportedly staged as scuba divers in order to get close to a Florida rocket launch site, while others claimed to be staying on an Army base in Alaska.

Th operatives have reportedly claimed to be tourists who are ‘lost’ and unable to find their way to a Burger King or McDonalds coincidentally close to a U.S. military base.

These are just the ones that have been caught.

How many other spies have successfully completed their missions without being caught?

Once migrants are released into this country, they can literally go anywhere.

Lately, there has been a tremendous crime wave in Oakland County, Michigan.

That is quite a long way from the southern border.

It turns out that “transnational gangs” from South America are specifically targeting expensive homes in that area, and so far they have been very successful

“Transnational gangs” from South America are committing high-end burglaries on upscale homes in Michigan, according to law enforcement.

Oakland County Sheriff Michael Bouchard is sounding the alarm over a rash of burglaries targeting luxurious homes. Bouchard is warning local residents to secure their houses because illegal immigrants are committing home invasions to steal high-end goods.

The sheriff said the burglars are stealing jewelry, precious metals, high-end watches, expensive purses, electronics, money, and safes. Bouchard said the robberies have totaled more than $1 million.

Of course the Chinese migrants that are coming across our borders are not here to rob homes.

They are here for other reasons.

But my point is that once migrants are released into this country, they could end up literally anywhere.

At this stage, so many immigrants have poured into her state that even ultra-liberal New York Governor Kathy Hochul is calling for a dramatic increase in border security

New York Governor Kathy Hochul (D) has turned into an immigration hawk after the Biden administration has overwhelmed her state–and specifically New York City–with an unceasing flood of thousands upon thousands of migrants. Appearing on the CBS News program Face the Nation on Sunday, Hochul called for limits on migration at the border and for a “doubling or quadrupling” of Border Patrol agents.

Hochul cast blame on Republicans and Speaker of the House Kevin McCarthy (R-CA), rather than Joe Biden, ignoring that it is Biden’s policies that have instigated the massive amount of illegal immigration since he took office in 2021.

So will the Biden administration finally do something to address this crisis?

Probably not.

So more Chinese men of military age will arrive with each passing day.

And when a war with the United States finally erupts, they will be ready to carry out their assigned tasks.

Only a very foolish nation would allow the enemy to pre-position tens of thousands of soldiers, spies and saboteurs, but that is precisely what we are doing.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

2 Very Ominous Events That Are Going To Happen This Week

You only practice for something if you think that there is a decent chance that it will actually happen.  This week, two “tests” will be conducted that sound rather ominous.  The first of these “tests” will happen in Russia on Tuesday.  Vladimir Putin has ordered the very first “nationwide nuclear attack exercise” in the entire history of his country, and that is making headlines all over the globe

Russia will stage its first nationwide nuclear attack exercise across 11 time zones in preparation for potential nuclear war.

It is scheduled to take place on October 3 and will see Vladimir Putin’s regime present the West as a nuclear aggressor.

If Vladimir Putin was entirely convinced that there is zero chance that a nuclear war will happen, he would not have ordered these drills.

Obviously he believes that there is at least a remote possibility that the conflict in Ukraine could spark a nuclear war.

It is being reported that this exercise will assume “that martial law has been introduced in Russia” and that a nuclear attack by the western powers would destroy “up to 70% of Russian housing”

The one-day nuclear attack exercise, which has only ever been done region by region, will include preparation for the destruction of up to 70% of Russian housing stock and life support facilities.

It will assume the scenario that martial law has been introduced in Russia and that is has gone through full mobilisation.

But that doesn’t mean that most of the Russian population would die during such an attack.

Russia has more than 16,000 nuclear shelters, and some of them can hold vast numbers of people.

Here in the United States, we have one.  It is in the Seattle area, and at the time it was built it could hold about 200 people…

In November 1962, only a month after the Cuban Missile Crisis, excavation of a shelter in Seattle began.

It was expected to be the first of several fallout shelters across the U.S., but ended up being the only one built in the country.

The May 15, 1962, Seattle Times identified the structure as “the nation’s first fallout shelter to be built into a freeway.”

And of course the U.S. is not likely to hold a “nationwide nuclear attack exercise” any time soon, because our leaders have fooled themselves into thinking that the Russians would never dare fire their missiles at us.

But just last week thousands of Russians were involved in extensive nuclear combat drills

The combat drills took place in the Sverdlovsk region on Thursday and saw 3,000 Tagil Rocket Division soldiers being trained on the “highest degrees of combat readiness”, according to RadarOnline.com.

Video footage of the nuclear missile division’s combat drills was shown on the Russian defense ministry TV channel, Zvezda.

The clip shows thousands of soldiers training and Yars thermonuclear intercontinental ballistic missiles, feared throughout the world because of their massive 6,835-mile range.

If both sides continue to escalate matters in Ukraine, this is where things are eventually heading, and the Russians realize this.

Unfortunately, our leaders in the western world just don’t seem to get it.

If push comes to shove, the Russians will use their nuclear weapons.

In fact, many prominent voices inside Russia are already encouraging Vladimir Putin to go in that direction.  Here is just one example

The rhetoric was raised by loyalist MP and army commander Lt-Gen Andrei Gurulev who demanded Putin be ready to use nuclear weapons.

‘Our strategic capability is our [nuclear triad],’ he said.

‘This is what is designed for the landmass of the United States of America. This is specifically for them.

‘And they know very well that after that there will be no United States of America. We 100% inflict an unacceptable defeat on the USA. They know that.’

If our leaders had any sense, they would be looking for a peaceful way out of this mess while it is still possible.

Because Ukraine is not going to defeat Russia, and the Russians are not going to back down.

Last week, it was being reported that Putin has decided to bring in another 130,000 conscripts

Russian President Vladimir Putin is calling up 130,000 conscripts for military service this fall, increasing the age limit of conscripts from 27 to 30, according to a document posted on the Russian government website on Friday.

Russia’s lower house of parliament voted last July to raise the age for conscripts, and that legislation will take effect on January 1, 2024. Putin said earlier this month that he is bracing for a long war with Ukraine as Russia’s armed forces press on with their “special military operation” in Ukraine, now in its 20th month.

We are rapidly approaching a point of no return with Russia, and so we should sit down and talk while we still can.

The second ominous event that I wanted to discuss is the “Nationwide Emergency Alert Test” that will happen just one day after the Russians conduct their “”nationwide nuclear attack exercise”.  On Wednesday afternoon, televisions, radios and phones all over the entire country will suddenly come alive at 2:20 PM eastern time

Get ready to not freak out. On Wednesday, Oct. 4 at 2:20 p.m. EDT, every TV, radio and cellphone in the United States should blare out the distinctive, jarring electronic warning tone of an emergency alert.

It’s a test – only a test.

Officially, the trial is called the Nationwide Emergency Alert Test. You know it’s a test and not an actual emergency because it’s accompanied by an explanation of the test.

Even if your phone is set to silent mode, you will still hear a very loud alarm

The alerts include a series of loud alarms meant to attract attention. These will go off even if devices are set to silent mode. The test will last for about one minute on radio and television, and cellphones should receive the alert within a half-hour of the test starting.

The test system will broadcast a message reading, “THIS IS A TEST of the National Wireless Emergency Alert System. No action is needed.” A translated message will be delivered for those whose language is set to Spanish.

So does this mean that something really bad will happen on Wednesday?

Probably not.

They are telling us that it is just a test, and hopefully that is all it is.

But they are obviously practicing because they believe that there is a reason to do so.

We live at a time when one bad thing is going to happen after another.

This summer, Hawaii was devastated by wildfires, a massive tropical storm hit California, and Hurricane Idalia caused an enormous amount of damage in Florida.

Even if a major disaster does not occur this week, the truth is that it is just a matter of time before we get hammered with more major disasters.

But some disasters are avoidable.  Hopefully our leaders will pull us back from the brink of nuclear war with Russia, because that really would mean the end of our society as we know it today.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Homes Are “Unaffordable” In 99 Percent Of U.S. Counties

If you are looking to buy a home right now, I feel so sorry for you.  The other day when I wrote that “life in America has never been more unaffordable than it is right now”, some people thought that I was exaggerating.  But the truth is that I was not exaggerating one bit.  The cost of living has risen to extremely painful levels, and this is particularly true when it comes to housing.  Since 2019, the median price of a home in the United States has risen by more than $100,000.  And thanks to the Federal Reserve, we are now facing dramatically higher interest rates.  As a result, housing has become extraordinarily unaffordable.  In fact, a new report that was just released determined that homes are currently “unaffordable” in 99 percent of U.S. counties

The typical American cannot afford to buy a home in a growing number of communities across the nation, according to common lending standards.

That’s the main takeaway from a new report from real estate data provider ATTOM. Researchers examined the median home prices last year for roughly 575 U.S. counties and found that home prices in 99% of those areas are beyond the reach of the average income earner, who makes $71,214 a year, according to ATTOM.

In the entire history of our country, we have never seen anything like this before.

A combination of insanely high home prices and suffocatingly high mortgage rates have literally frozen the housing market.

Until something changes, millions of potential buyers and millions of potential sellers will remain sidelined

Housing experts point to couple trends driving up housing costs. Mortgage rates have topped 7%, adding hundreds of dollars per month to a potential house payment. At the same time, homeowners who locked in at lower mortgage rates during the pandemic have opted not to sell out of fear of having to buy another property at today’s elevated rates, depleting the supply of homes for sale.

“The only people who are selling right now are people who really need to move because of a life event — divorce, marriage, new baby, new job, etc.,” Daryl Fairweather, chief economist of Redfin, told CBS MoneyWatch.

Considering everything that I just shared with you, it should be no surprise that pending home sales in August were 18.7 percent lower than they were a year ago…

Pending home sales plunged in the U.S. last month as high mortgage rates deterred more would-be buyers and sellers from making deals.

The National Association of Realtors’ Pending Home Sales Index tumbled 7.1% to 71.8 in August, a much greater decline than the 0.8% drop analysts polled by Refinitiv expected.

Year over year, pending transactions are down 18.7%, the NAR’s data shows.

According to one analyst, a potential buyer would need an income of more than $125,000 a year in order to qualify for a mortgage on an average U.S. home right now…

The steep drop in pending sales in August, on the heels of reports of slower existing and new home sales at the end of the summer, suggests that the market is cooling, said Lisa Sturtevant, chief economist at Bright Multiple Listing Service.

Overall, she said, total home sales this year could be below 4.2 million; that would be the lowest level since 2010.

With mortgage rates near and above 7% for all of August, purchasers’ buying power was crushed, and for many the math for buying a home just did not work.

“At a mortgage rate of 7%, a homebuyer would need an income of over $125,000 to qualify for a loan to purchase a $400,000 home,” said Sturtevant.

So the vast majority of us are just going to have to wait until the market shifts.

Of course housing is not the only thing that has become ridiculously expensive.

According to CNN, the price of a box of Girl Scout cookies is going up to six dollars this year…

Girl Scout cookies are getting more expensive. In some places, at least.

At least one New York State chapter, the Girl Scouts Heart of the Hudson, told troop parents and other members of the community in an email this week that all cookies will be sold for $6 per box this coming cookie season — which takes place from about January to April annually nationwide – up from $5 last year.

“In order to combat rising production and material costs, GSHH will be increasing the price of all cookie packages to $6.00,” the chapter’s interim CEO wrote, adding “we expect our neighboring councils to announce similar increases in the coming weeks and months.”

I remember the days when it was common for people to buy dozens of boxes every year.

But now if you want to do that you will need to sell an organ.

Our standard of living is being steadily eroded, and meanwhile economic conditions continue to slow down all over the country.

Earlier today, I was saddened to learn that Epic Games is laying off workers

Epic Games, the maker of Fortnite, said on Thursday that it will lay off 16% of its staff, around 830 employees, as it attempts to reverse what CEO Tim Sweeney called “unrealistic” spending.

In a letter to employees Thursday, Sweeney said the video game company had been “spending way more money than we earn, investing in the next evolution of Epic.”

“I had long been optimistic that we could power through this transition without layoffs, but in retrospect I see that this was unrealistic,” Sweeney said in the letter, which the company shared publicly.

If even Epic Games is struggling now, what does that say about the overall state of our economy?

I am so concerned about where things are headed in the months ahead.

A major economic downturn is looming, the most chaotic presidential election in our history will happen next year, and we are already witnessing widespread rioting and looting all over the nation.

In fact, looters in Philadelphia just made headlines for a second consecutive night

Looting has rocked Philadelphia for a second night in a row as brazen thieves ransacked a liquor store.

Shocking footage out of the City of Brotherly Love showed Fine Wine And Good Spirits smashed apart in the latest flash rob mob crime.

The brutes made off with the safe and raided the lottery machine on a night when liquor stores were shut down by the authorities.

For a long time, I have been encouraging my readers to consider relocating if they live in any of our major cities.

But now thanks to a combination of ridiculously high home prices and the highest mortgage rates we have seen in ages, most Americans simply cannot afford to move.

Unfortunately, most people will be forced to remain where they are as the events of the next few years shake this nation to the core.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

10 Numbers Which Prove That The U.S. Economy Has Hit A Major Pivot Point

During the summer, many of the experts repeatedly assured us that the U.S. economy would be able to avoid a recession, but now reality is setting in.  Credit conditions continue to tighten, home sales are falling, credit card losses are exploding, stores are closing all over the country, and the number of bankruptcies is rising to very alarming levels.  Meanwhile, the cost of living continues to become more and more suffocating.  If you have a gut feeling that very hard times are on the horizon, you are definitely not alone.  As you will see below, a staggering 71 percent of all Americans currently believe that America is on the wrong track, and our economy is one of the biggest reasons why they feel this way.  The following are 10 numbers which prove that the U.S. economy has hit a major pivot point…

#1 Consumer confidence was down more than expected this month…

The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.

The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 103 in September from 108.7 in August. Analysts were expecting a smaller decrease, to a reading of 105.

#2 The Conference Board’s index that measures future expectations has actually dropped below a level that historically signals “a recession within a year”

Most troubling was the decline in the index measuring future expectations, which tumbled to 73.7 in September from 83.3 in August. Readings below 80 for future expectations historically signal a recession within a year.

#3 With mortgage rates at suffocating levels, sales of new homes in the U.S. fell 8.7 percent last month

New home sales dropped in August from the month before, as mortgage rates topped 7% and rose to the highest levels in more than 20 years.

Sales of newly constructed homes fell 8.7% in August to a seasonally adjusted annual rate of 675,000 from a revised rate of 739,000 in July, according to a joint report from the US Department of Housing and Urban Development and the Census Bureau.

#4 A record high percentage of U.S. consumers are indicating that credit conditions are getting tighter

American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York Federal Reserve survey released Monday.

Respondents indicating that the ability to get loans, credit cards and mortgages is harder now than it was a year ago rose to nearly 60%, the highest level in a data series that goes back to June 2013. The results were part of the New York Fed’s Survey of Consumer Expectations for August.

#5 Credit card losses are increasing at the fastest pace in 30 years

Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs.

Credit card losses bottomed in September 2021, and while initial increases were likely reversals from stimulus, they have been rapidly rising since the first quarter of 2022. Since that time, it’s an increasing rate of losses only seen in recent history during the recession of 2008.

It is far from over, the firm predicts.

#6 At this point, things are getting so bad that even the Federal Reserve is laying off about 300 workers

At a time when mainstream economists and FOMC policymakers are betting the farm on a “soft landing” for the US economy, an unexpectedly hard signal was just issued by none other than the Fed itself: for the first time in over a decade, the US central bank announced it would cut about 300 people from its payroll this year, a rare reduction in headcount for an organization that has grown steadily since 2010 – after all, it takes if not a village (with its own police force), then certainly thousands of workers to come up with catastrophically wrong economic forecasts and to keep the money printer primed and ready to pump out a few trillion at a moment’s notice.The nu

#7 The number of bankruptcy cases in the United States has increased on a year over year basis for 13 months in a row

Data released Tuesday showed that Americans filed more than 39,000 bankruptcy cases in Aug. 2023, an 18 percent increase from the same time last year.

The data released by Unusual Whales details how, along with personal bankruptcy filings, there were more than 41,600 new bankruptcy cases recorded in August, including for businesses. This marks the thirteenth consecutive month that bankruptcy filings have shown a year-over-year increase under the Biden administration’s embarrassing and dangerous economic policies.

#8 Goldman Sachs is warning that America’s strategic oil reserve has hit a 40 year low

America’s emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington’s ability to shield consumers from the fallout of Saudi Arabia’s aggressive supply cuts, according to Goldman Sachs.

“At this point, US energy policy has fewer bullets left. It has less levers left in its policy toolkit,” Daan Struyven, head of oil research at Goldman Sachs, told CNN in a phone interview.

That’s one reason Goldman Sachs expects oil prices to stay high, averaging $100 a barrel this time next year. Triple-digit oil would boost already-high prices at the pump, worsening inflation and potentially influencing the 2024 race for the White House.

#9 It is being projected that the price of oil could eventually reach 150 dollars a barrel.  Needless to say, such a development would radically change our economic outlook…

That’s Doug Lawler, chief executive of Continental Resources, the shale-drilling giant controlled by billionaire Harold Hamm, telling Bloomberg News on Monday that crude prices are set to remain elevated and could press to the $120- to $150-a-barrel range without new production.

#10 A new NBC News poll has found that 71 percent of Americans believe that the country is on the wrong track…

The 71% of Americans in our latest NBC News poll saying the country is headed in the wrong direction is the eighth time in the last nine NBC News surveys dating back to Oct. 2021 when the wrong track has been above 70%.

And the one exception was in Sept. 2022, when it was 68%.

We have never before seen this level of sustained pessimism in the 30-year-plus history of the poll.

For more than a year, there has been speculation about when the next wave of our economic crisis would arrive.

Well, it appears that it is here.

The months ahead promise to be very challenging, and the long-term outlook is even worse.

2024 is certainly shaping up to be quite a year.

Economic conditions will be deteriorating just as we head into the most tumultuous election season that we have ever witnessed.

Stay safe out there, because things will soon start getting really crazy in this country.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of my articles.  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 Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  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, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.