Money

The Globalists Are Making Really Big Moves Which Would Fundamentally Change How Our Society Operates

July 10, 2023July 10, 2023 by Michael

While everybody else is distracted, the globalists are making absolutely enormous moves. Previously, I have written about the UN’s new worldwide system for cracking down on “misinformation” and about their desire to implement a global system of digital identification that is tied to our bank accounts. I realize that these things sound really wild, but they aren’t being done in secret. In fact, the globalists are very proud of what they are doing. But only a small percentage of the population is even aware of this insidious agenda that they are pushing through, and so there is very little debate about it.

Ultimately, the globalists want to create a system that would literally give them total control of everything.

Sadly, I am not exaggerating one bit.

For example, the Bank for International Settlements has released a “blueprint” that calls for the creation of a “unified ledger” that would eventually record ownership of all assets on the entire planet. The following is an extended excerpt from that “blueprint” which comes directly from the official website of the BIS…

This chapter presents a blueprint for a future monetary system that harnesses the potential of tokenisation to improve the old and enable the new. The key elements of the blueprint are CBDCs, tokenised deposits and other tokenised claims on financial and real assets. The blueprint envisages these elements being brought together in a new type of financial market infrastructure (FMI) – a “unified ledger“.⁴ The full benefits of tokenisation could be harnessed in a unified ledger due to the settlement finality that comes from central bank money residing in the same venue as other claims. Leveraging trust in the central bank, a shared venue of this kind has great potential to enhance the monetary and financial system.

A unified ledger transforms the way that intermediaries interact to serve end users. Through programmability and the platform’s ability to bundle transactions (“composability”), a unified ledger allows sequences of financial transactions to be automated and seamlessly integrated. This reduces the need for manual interventions and reconciliations that arise from the traditional separation of messaging, clearing and settlement, thereby eliminating delays and uncertainty. The ledger also supports simultaneous and instantaneous settlement, reducing settlement times and credit risks. Settlement in central bank money ensures the singleness of money and payment finality.

Moreover, by having “everything in one place”, a unified ledger provides a setting in which a broader array of contingent actions can be automatically executed to overcome information and incentive problems. In this way, tokenisation could expand the universe of possible contracting outcomes. The unified ledger thus opens the way for entirely new types of economic arrangement that are impossible today due to incentive and informational frictions. The eventual transformation of the financial system will be limited only by the imagination and ingenuity of developers that build on the system, much as the ecosystem of smartphone apps has far exceeded the expectations of the platform builders themselves.

So who would be in control of this “unified ledger”?

Needless to say, it would be the globalists.

And as Mike Adams has pointed out, this would mean that “your ownership of assets can be revoked or altered at any time”…

This new plan describes an orwellian, globalist-run “unified ledger” that records the ownership of all assets (checking accounts, real estate, bonds, stocks, etc.) on a centralized exchange run by globalists. All assets will be “tokenized,” a process that the BIS describes as, “recording claims on financial or real assets that exist on a traditional ledger on a programmable platform.”

This unified ledger will feature “programmable” entries, meaning that your ownership of assets can be revoked or altered at any time, according to the social engineering desires of the globalists.

Ownership of all assets on the entire planet would be determined by their “unified ledger”, and so if you are a really bad boy or girl they could go in and simply transfer ownership of everything that is yours to someone else.

With just a few clicks, you would “own nothing” and would become a total outcast.

Of course this is just one element of the globalist agenda.

They also want to give the UN unprecedented emergency powers at the “Summit of the Future” in September 2024…

The powerful United Nations is now seeking to increase its influence worldwide by seizing global “emergency” powers, and President Joe Biden supports their proposal.

Interestingly, the U.N. proposal would begin September 2024, a mere two months before a highly anticipated general election in the U.S.

The global organization will host a “Summit of the Future” where associated nations will adopt a so-called “Pact for the Future.”

The Pact for the Future includes a provision which will create an “emergency platform” for the United Nations whenever a major “global shock” is deemed to have occurred.

So if there is another global pandemic, a world war, an economic collapse or some other sort of worldwide emergency, the United Nations would suddenly be telling everyone what to do…

The emergency platform would provide the international body with power over all nations in times of distress.

Such power, according to the U.N., is needed to “[e]nsure that all participating actors make commitments that can contribute meaningfully to the response and that they are held to account for delivery on those commitments.”

According to the U.N.’s policy proposal, the secretary-general could extend the emergency platform, if need be, despite its duration being set for a “finite period.” Such a decision would be made without the consent of any member nations.

Do you really want the UN to have that sort of power?

Unfortunately, Joe Biden and his minions fully support this proposal.

Biden has a long history of doing whatever the globalists want, and so this is probably why they are trying to rush this through before the next U.S. presidential election.

At this point, Biden is a shell of his former self. He has degenerated into a crazy old man that regularly shouts obscenities at random staff members…

President Joe Biden, behind closed doors, has a temper that sees him yelling at staff and shouting obscenities, a new report on Monday revealed.

In fact, his temper is so bad that some staff try to avoid meting alone with him or bring along a colleague to help defuse the situation, Axios reported.

With such a weak leader in the White House, the globalists see an opportunity to advance their agenda like never before.

And if they get their way, our entire society will be completely turned upside down.

Let me leave you with one more example. A globalist organization called the Arup Group that has close ties to the World Economic Forum is actually proposing a complete and total end to private car ownership…

On construction, cities need to change what types of buildings and infrastructure are built as well as what materials are used. On transport, private car ownership needs to end and the shared vehicles that replace it have to use less materials and be longer lasting. Urban residents will also need to adopt a largely plant-based diet, mostly replace flying with less energy-intensive forms of long-distance transport, change how clothes and textiles are consumed and keep electronics and household appliances for longer.

These people are insane, but they are going to keep pushing the envelope until someone stops them.

If you plan to object to what they are doing, you should take a stand while you still have the freedom to do so.

We are living during one of the most critical times in all of human history, and we need men and women of courage that are willing to speak the truth.

Because lies and deception are seemingly everywhere these days, and darkness is growing all around us at a pace that is absolutely staggering.

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 Blog, End 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.

Do You Remember The Chaos That “Underwater” Properties Caused In 2008 And 2009? Well, It Is Starting To Happen Again…

July 9, 2023 by Michael

We never seem to learn. Over a decade ago, our leaders created the biggest housing bubble of all time, and when it finally burst the entire globe experienced great financial pain. So did they learn from their mistakes and fix the system? No, instead they just created an even bigger housing bubble. Now that housing bubble is beginning to burst, and that is going to have very serious implications for all of us.

One thing that we learned during the Great Recession is that home values really matter.

When home values get low enough, many borrowers simply decide to walk away from their mortgages, and so the fact that U.S. home values have plummeted by 108.4 billion dollars should deeply alarm all of us…

Homeowners are sitting on a negative equity timebomb after losing $108.4 billion on their property values this year, experts say.

The average borrower saw their home equity plummet by $5,400 in the first quarter of 2023 compared to last year – with households in Washington, California and Utah worst affected.

The west coast is being hit particularly hard. For example, home values in Washington state have dropped by an average of more than $74,000 over the past year…

The cooling housing market is stripping more equity from homeowners in Washington than in any other state in the country.

On average over the last year, Washington homeowners lost about $74,300 in equity, a measure of the difference between how much a home is worth and how much the owner owes on the mortgage, according to the real estate data company CoreLogic. That 18% decline marked the largest drop in the country from the first quarter of last year to the first quarter of 2023.

Some homeowners in Washington state that bought their homes at the peak of the market now have mortgages that are underwater.

And according to an expert that was interviewed by the Daily Mail, this is starting to happen in certain areas all over the nation…

Zackary Smigel, founder of Real Estate License Wizard, told DailyMail.com: ‘The decline in property values across the US is posing significant challenges to homeowners – and it’s becoming a bigger issue in the real estate sector.

‘We are indeed witnessing some worrying signs of negative equity, especially in certain regions.’

The good news is that this is not happening everywhere.

So many people have been relocating to Florida that home prices have actually gone up substantially in that state.

If you want to get an idea of what has been happening where you live, you can check out this map.

Moving forward, I think that home prices will not move uniformly.

In major cities and in blue states, I believe that home prices will tend to fall.

In rural areas and in red states, I believe that home prices will be more stable.

Meanwhile, many commercial real estate loans all over the U.S. are already deeply underwater, and we are starting to see delinquency rates rise at a startling pace.

If you doubt this, just check out these numbers which come from Wolf Richter…

After blowing through the pandemic with no more than a squiggle, the delinquency rate of Commercial Mortgage-Backed Securities (CMBS) backed by office properties jumped to 4.5% by loan balance in June, up from 1.6% just six months ago in December 2022, according to Trepp, which tracks and analyses CMBS.

Office mortgages that had been packaged into CMBS went through a horrendous default cycle following the Financial Crisis, with the delinquency rate topping out at over 10% in 2012/2013.

But this current six-month 2.9-percentage-point spike from 1.6% to 4.5% is the fastest six-month spike in Trepp’s data going back to 2000.

We are still in the early chapters of this crisis, but it is definitely eerily similar to what we witnessed in 2008.

Corporate bankruptcies are also surging.

In fact, it is being reported that they were up 93 percent during the first six months of this year compared to the same time period of time in 2022…

In the first six months of 2023, there were 340 corporate bankruptcies, topping every other comparable span in 13 years, according to S&P Global Market Intelligence. This is up 93 percent from the same time a year ago and higher than in 2020, when there was a spike during the early days of the coronavirus pandemic.

When we keep getting numbers like this, I honestly don’t know how anyone can claim that the U.S. economy is moving in the right direction.

There are so many signs of trouble all around us. For example, the number of searches for “pawn shop near me” just soared to an all-time record high…

Cash-strapped Americans are panic-searching “pawn shop near me.” The search trend spiked to a record high at the start of July and is an ominous sign the consumer might be pawning items or selling things that were possibly bought during the Covid boom to raise quick money amid the worst inflation storm in a generation.

Needless to say, people don’t pawn their possessions when they are doing well.

Searches for the phrase “is dumpster diving illegal” also just reached an all-time record high.

All over the nation, people are literally rummaging through dumpsters behind grocery stores because food has become so oppressively expensive.

But don’t worry.

Joe Biden says that everything is going to be okay.

If you have been following my articles on a regular basis, nothing that I have shared in this piece should come as a surprise to you.

It was clear way in advance that the economy was heading into enormous trouble, and the long-term outlook is exceedingly bleak.

But that doesn’t mean that you should crawl into a corner and cry like a baby because things are going to get so bad.

It is when times are the darkest that the greatest courage is needed.

You were born for such a time as this, and you can make a difference even in the midst of all the chaos that is starting to erupt all around us.

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.

Joe Biden And His Warmongering Minions Seem Absolutely Determined To Drag America Into World War III

July 7, 2023 by Michael

When the nukes start falling, nobody will be able to say that they weren’t warned. Thanks to Joe Biden and his warmongering minions, we are steamrolling toward World War III, but most Americans don’t seem to care. Most of us just continue to party our lives away, but meanwhile our leaders seem absolutely determined to drag us into an apocalyptic conflict. The Biden administration is constantly provoking China and constantly escalating the war in Ukraine, and one of these days they could cross a line that will never be able to be uncrossed. They are literally playing with fire, but they won’t be the only ones that get burned if they push things too far.

This week, we learned that the Biden administration has decided to give cluster munitions to Ukraine as part of a new $800 million military assistance package.

If you don’t know what cluster munitions are, here is a pretty good explanation from NBC News…

The dual-purpose improved conventional munitions, or DPICMs, are surface-to-surface warheads that explode and disperse multiple small munitions or bombs over wide areas — bringing more widespread destruction than single rounds. The rounds can be charges that penetrate armored vehicles, or they can shatter or fragment to be more dangerous for people.

Some human rights groups oppose their use because of concerns that unexploded bomblets, or duds, could explode after battle, potentially injuring or killing innocent civilians.

These weapons are considered to be extremely dangerous to civilians, because many of them fail to go off initially and end up getting detonated by civilian activity much later…

As the bomblets fall over a wide area, they can endanger non-combatants.

In addition, somewhere between 10% to 40% of the munitions fail, according to the International Committee of the Red Cross. The unexploded munitions can then be detonated by civilian activity years or even decades later.

The Cluster Munition Coalition, an activist group trying to get the weapons banned everywhere, says potentially deadly cluster submunitions still lie dormant in Laos and Vietnam 50 years after their use.

As you can see, there is a reason why so many countries have banned the use of such weapons.

In fact, at this point more than 120 nations have agreed to ban them…

A convention banning the use of cluster bombs has been joined by more than 120 countries who agreed not to use, produce, transfer or stockpile the weapons and to clear them after they’ve been used.

The United States, Russia and Ukraine are among the countries that have not signed on.

But even though there is such an international consensus, the Biden administration is sending them to Ukraine anyway…

But White House national security adviser Jake Sullivan said the munitions were critical for Ukraine to sustain its military operations against the Russian invaders.

“We will not leave Ukraine defenseless at any point in this conflict, period,” he said.

Why aren’t more people talking about Jake Sullivan?

He is a warmongering nutjob, and Joe Biden does pretty much whatever Jake Sullivan tells him to do.

And so when Jake Sullivan suggests provoking China again, Joe Biden goes along with it.

Zero Hedge is reporting that the U.S. will now start providing Volcano Vehicle-Launched Scatterable Mine Systems to Taiwan…

Taiwan has finalized a new defense deal with the US worth $146 million to acquire Volcano Vehicle-Launched Scatterable Mine Systems, seen as crucial for defense of the self-ruled island in the event of a Chinese military invasion. This comes the same week the State Department announced approval for $440 million more in ammo and logistics deals for Taiwan.

The pending Volcano mine-laying systems deal had first been previewed by the US Defense Security Cooperation Agency in December 2022. It additionally included M977A4 trucks, M87A1 anti-tank mines, as well as M88 and M89 training munitions.

Needless to say, this is yet another move that has greatly angered the Chinese.

And our trade war with China just went to another level.

In response to new restrictions imposed by the U.S., China has just implemented export controls on two absolutely critical raw materials…

A trade war between China and the United States over the future of semiconductors is escalating.

Beijing hit back Monday by playing a trump card: It imposed export controls on two strategic raw materials, gallium and germanium, that are critical to the global chipmaking industry.

“We see this as China’s second, and much bigger, counter measure to the tech war, and likely a response to the potential US tightening of [its] AI chip ban,” said Jefferies analysts. Sanctioning one of America’s biggest memory chipmakers, Micron Technology (MU), in May was the first, they said.

Ever since Joe Biden entered the White House, our relations with China have gone into the dumpster.

And I think that there is a chance that the Chinese could actually choose to invade Taiwan before Joe Biden’s time in the White House is over.

If that happens, it would be a complete and utter catastrophe for the global economy…

A military conflict over Taiwan would set the global economy back decades because of the crippling disruption to the supply chain of crucial semiconductors, according to the head of one of the island’s leading makers of microchips.

Taiwan, a self-ruling democracy about 100 miles off China, makes the world’s most advanced microchips — the brains inside every piece of technology from smartphones and modern cars to artificial intelligence and fighter jets.

We simply cannot afford for such a war to happen, because we must have access to those chips.

Without the chips that Taiwan produces, we would be in a world of hurt…

The island is a microchip fabrication hotbed, producing 60% of the world’s semiconductors — and around 93% of the most advanced ones, according to a 2021 report from the Boston Consulting Group. The U.S., South Korea and China also produce semiconductors, but Taiwan dominates the market, which was worth almost $600 billion last year.

So why don’t we just start building more chips in the United States?

Well, a 40 billion dollar factory is going to be constructed in Arizona, but it is many years away from completion…

The U.S., which produces about 10% of the world’s semiconductor chips and none of the most advanced ones, is also trying to boost domestic manufacturing, offering tax incentives for projects like the $40 billion factory being built in Arizona by the Taiwanese chip giant TSMC.

But building such a complex industry will take time, Wu said. “I would say 10 years,” he added.

If our leaders were smart, they would be trying to find a way to maintain peace.

But instead they just keep antagonizing both Russia and China, and that is just pushing them closer to one another…

China said it wants closer ties with Russia’s military, a sign Moscow still has Beijing’s support after the aborted Wagner mutiny.

Chinese Defense Minister Li Shangfu said in a meeting Monday with Nikolai Yevmenov, commander-in-chief of Russia’s navy, that “with the joint efforts of both sides, the relations between the two militaries will continue to deepen and solidify, constantly make new progress and reach a new level.”

If we end up fighting Russia and China at the same time, it would be a nightmare.

And needless to say, such a conflict would inevitably go nuclear, and a full-blown nuclear war would have the potential to kill billions of people…

So let us pray for peace.

Unfortunately, our leaders don’t seem interested in peace at all.

Joe Biden and his warmongering minions are playing a very dangerous game, and the fate of humanity hangs in the balance.

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.

Millions Of Americans Are Relocating Just Prior To The Great Chaos That Is Coming

July 6, 2023July 6, 2023 by Michael

Summer is moving season for millions of Americans, and many will end up relocating to an entirely different state. In the old days, such long distance moves were often prompted by an employment change or by a desire to be closer to family. But now political and ideological considerations are motivating many Americans to search for greener pastures. Just about all of us can feel that something has gone horribly wrong in this country. All around us our society is literally coming apart at the seams, and it has become exceedingly clear that great chaos is coming. It has been said that birds of a feather tend to flock together, and that is especially true during challenging times. So now we are seeing an exodus of conservatives to red states and an exodus of liberals to blue states. The following comes from an article that was recently posted by PBS entitled “Conservatives move to red states and liberals move to blue as the country grows more polarized”…

Americans are segregating by their politics at a rapid clip, helping fuel the greatest divide between the states in modern history.

One party controls the entire legislature in all but two states. In 28 states, the party in control has a supermajority in at least one legislative chamber — which means the majority party has so many lawmakers that they can override a governor’s veto. Not that that would be necessary in most cases, as only 10 states have governors of different parties than the one that controls the legislature.

This is really happening.

But the article that I just quoted makes it sound like the migration to red and blue states that we are witnessing is roughly equal, and that is not true at all.

For example, hundreds of thousands of people have been leaving the state of California in recent years in search of a better life elsewhere…

More than 500,000 people left California altogether between April 2020 and July 2022.

Many of those ex-Californians have been relocating to Texas.

In fact, approximately 300 Californians moved to the state of Texas on a daily basis in 2021…

About 300 Californians moved to Texas each day in 2021 – a staggering 111,000 people, newly released data shows.

That is double the 63,000 that made the same move in 2012, according to a new report from Storage Café, which examined California-Texas migration patterns over nearly a decade.

And it turns out that lots of companies have been relocating from California to Texas too…

More than 100 companies have moved their headquarters to Texas since 2020, with 40 percent of them coming from California, the study found.

California should be one of the best places to live on the entire planet.

But just like so many other blue states, it has been transformed into a cesspool of crime, drugs, homelessness and violence.

Once upon a time, crime was primarily limited to the bad areas, but that is no longer true.

Let me give you an example. In one of the wealthiest areas of San Francisco, a gang of children “wielding baseball bats” has been ruthlessly assaulting nannies and young mothers in order to steal their phones…

Children wielding baseball bats are reportedly attacking and robbing helpless mothers and nannies in a wealthy San Francisco neighborhood known for its young families.

Noe Valley, which is also known locally as “stroller alley” because of the many families with young children who live there, experienced 11 phone robberies last week, which authorities believe are linked to a gang of youths who have also lately been assaulting women with bats while they pick up their kids from school, according to the Telegraph.

Two women were reportedly assaulted in the neighborhood last week by a youth who allegedly hit one of the women with a baseball bat and the other one in the face.

Of course San Francisco is definitely not alone.

At this point, we are seeing a rising tide of violence all over the nation. Over the Fourth of July weekend, at least 150 Americans were gunned down, and that made headline news all over the country…

A bloody Fourth of July weekend ended with at least 150 people killed in more than 400 shootings that occurred across the country, according to data compiled throughout the weekend.

Homelessness is also a problem that has started to spiral completely out of control in blue states.

Los Angeles has spent millions upon millions of dollars to try to solve their homelessness crisis, but it just keeps getting worse…

Homelessness in Los Angeles skyrocketed over the last year, increasing by 10% in L.A. County and 9% in the city, leaving more than 75,000 people living on the streets of the county in an epic setback for local leaders.

With each passing day, even more Americans end up in the streets of our major cities. For much more on this, please see my previous article entitled “The Number Of Americans Living On The Streets ‘Has Broadly Risen This Year'”.

Lastly, I wanted to briefly discuss our national drug crisis.

More Americans are addicted to legal and/or illegal drugs than ever before.

And overdose deaths just keep setting a new all-time high year after year.

In major cities from coast to coast, addicts stagger around like zombies in the middle of our streets as they enjoy getting high, even though they clearly understand that it may be the last high they ever experience.

Things have gotten so bad that cocaine has even been discovered inside the White House for the very first time. Authorities are telling us that it is a “mystery” how it got there, but others are pointing out that there is one very obvious suspect in this case…

Our country is disintegrating right in front of our eyes.

And as it falls to pieces, there will be great chaos, and this will especially be true in blue states and in major cities.

If you are going to relocate, I would advise you to do it now.

Things may seem unstable now, but the truth is that they are only going to get crazier from here.

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.

Don’t Look Now, But Utter Chaos Is Being Unleashed All Over The World

July 5, 2023July 5, 2023 by Michael

The relative peace and tranquility that we had been enjoying for several months has been shattered. All of a sudden, chaos is erupting all over the globe. Rioters are setting fires in cities all over France, the IDF just conducted the largest military operation in the West Bank since 2002, and the Russians and the Ukrainians are both accusing one another of wanting to attack the Zaporizhzhia Nuclear Power Plant. If that facility is bombed, it could potentially cause a nuclear disaster far worse than the one that we witnessed at Chernobyl in 1986. Unfortunately, I believe that global instability will be the norm throughout the remainder of 2023 and beyond. Much more civil unrest and war are ahead, and that has very serious implications for every man, woman and child on the entire planet.

Personally, I have been absolutely stunned by the tremendous violence that has been taking place in France. It is being reported that 5,662 vehicles have been set on fire during the rioting so far…

Ministry of the Interior figures taking account of damage to people and property during the now six nights of riots triggered by the shooting death by a police officer of an Algerian heritage teenager in a Paris suburb at a traffic stop reveals there have been 5,662 vehicle fires so far, reports Le Parisien.

The widespread destruction of vehicles, which as images recorded in the areas of unrest in France attest, include not just private cars but also trucks and buses. Trams have also been targeted by vandals. In one widely-reported case, a large truck was stolen by looters to ram down the doors of a mall to gain access to the merchandise inside. There were 1,919 vehicle fires on Thursday night alone.

France has seen a lot of riots in recent years, but nothing quite like this.

At least 1,000 buildings have been torched during these riots, and that includes 254 police stations…

Damage has not by any means been limited to burnt-out cars and buses, however. As the government figures attest, at least 1,000 buildings have been damaged in the riots. This includes attacks on 254 police stations, as well as dozens of town halls, schools, post offices, and private commercial properties targeted for burning or looting.

The rioters have already caused a billion dollars in damage, and this crisis still isn’t over.

But this isn’t the biggest global story right now.

Over the past few days, the Israeli military has been conducting the most extensive military operation that we have witnessed in the West Bank since 2002…

Over 1,000 IDF troops were involved in the campaign, which appeared to be the largest in the West Bank in some 20 years.

Speaking alongside Netanyahu, Defense Minister Yoav Gallant said Jenin “in the past two years had become a factory for terror. In the past two days, this ended.”

“We cut off the weapons manufacturing process, captured thousands of bombs, destroyed dozens of production sites, workshops and explosives labs,” he said.

The IDF is beginning to wrap up this campaign, but Israeli Prime Minister Benjamin Netanyahu is warning that this was “not a one-time thing”…

“At this moment we are completing the mission, and I can say our widescale action in Jenin is not a one-time thing,” Netanyahu said during a visit to the Salem checkpoint, some 10 kilometers (6.2 miles) from Jenin.

“We will continue [to operate] as necessary to root out terrorism. We will not allow Jenin to go back to being a hotbed of terror,” he added.

Tensions in the region have reached a boiling point, and it is just a matter of time before a major war erupts in the Middle East.

But this conflict in the West Bank is not the biggest global story right now either.

To me, the most important global story at the moment is what is going on in Ukraine.

The Russians and the Ukrainians are both warning that an attack on the Zaporizhzhia Nuclear Power Plant is imminent…

Ukrainian President Volodymyr Zelenskyy has claimed that Russia is plotting a potentially dangerous attack on Europe’s largest nuclear power plant, which Russian forces have occupied for more than a year. Russia has accused Ukraine, meanwhile, of plotting to attack the same sprawling Zaporizhzhia Nuclear Power Plant in Enerhodar, southern Ukraine, in the next two days.

It was a nerve-racking night for people across Ukraine amid the crossfire of accusations, but especially in the towns and cities near the Zaporizhzhia plant, including the city of Zaporizhzhia just a few miles away, which Russia never managed to capture.

I hope that there is no truth to any of this.

But where there is smoke, there is often fire.

I think that someone has been plotting something, and if an attack is carried out it could potentially create a disaster that is “not even comparable to Hiroshima or Nagasaki”…

An explosion at the Zaporizhzhia Nuclear Power Plant ‘is not even comparable to Hiroshima or Nagasaki’, a Ukrainian opposition leader has told MailOnline.

Such a blast would be ‘a much more terrifying and massive nuclear accident that, in the conditions of such a war, can lead to unpredictable consequences,’ he said.

The good news is that the entire world is now watching the Zaporizhzhia Nuclear Power Plant very closely due to all of the accusations that are going back and forth.

So it will be much harder for either side to pull something off.

Let us hope that an attack does not happen, because that could set off a chain of events that nobody would be able to control.

For example, if the Russians believed that the Ukrainians attacked the Zaporizhzhia Nuclear Power Plant, they may respond by using tactical nuclear weapons against Ukrainian military targets.

If that happens, the U.S. would likely respond by using tactical nuclear weapons against Russians military targets.

And then it would be just a matter of time before we get to a full-blown nuclear war.

Already, one prominent Russian leader is warning that the U.S. and the EU “will be responsible for the consequences” if the Zaporizhzhia Nuclear Power Plant is destroyed…

“The goal is monstrous: to use a nuclear terrorist attack to accuse Russia and force the collective West to get directly involved in the Ukrainian conflict,” Leonid Slutsky, chairman of the Russian State Duma’s International Affairs Committee, wrote on his Telegram channel.

Slutsky said tensions are growing around the Zaporizhzhia plant, as they are also “in European capitals.” And in a thinly veiled warning, added, “Brussels and Washington have every chance of being among the sponsors of nuclear terrorists and will be responsible for the consequences of blowing up” the plant.

This is incredibly serious.

But most Americans have absolutely no idea that any of this is going on.

Speaking of the United States, there have been 10 mass shootings in our nation over the past two days…

So far, there have been at least 10 mass shootings on July 4 and 5, according to GVA. Much of the information about each shooting is preliminary, and the details – about the number or nature of the injuries, for example – could change as police investigate.

Mass shootings have become so common that each one barely makes a blip in the news before the next one happens.

And it is just a matter of time before the rioting that we are witnessing in France erupts here too.

We are a nation that is in a very advanced state of decline, and most Americans are completely and utterly unprepared for what is coming.

The chaos that is currently being unleashed all over the world is just a small preview of the great storm that is ahead.

So I would encourage you to get things in order while you still can, because the pace of global change has accelerated to a speed that is absolutely breathtaking.

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.

More Than 105 Million Working Age Americans Do Not Have A Job Right Now

July 4, 2023July 4, 2023 by Michael

Our long slide toward economic oblivion continues, and survey after survey has shown that most Americans are deeply unsatisfied with the current state of the U.S. economy. Inflation is out of control, most Americans are getting poorer due to the rapidly rising cost of living, the housing bubble has started to burst, and the commercial real estate market is a giant mess. But employment is supposed to be our bright spot. The Biden administration continues to tell us that the unemployment rate is less than 4 percent and that there are lot of jobs available for those that want them. But is this really true?

To answer that question, it is imperative to understand that our government places unemployed persons into one of two categories…

Jobless people are classified into one of two categories by the Bureau of Labor Statistics (BLS)—either unemployed or not in the labor force. To be classified as unemployed in the month they are surveyed, people must be actively looking for work. If they are not actively looking, they are classified as not in the labor force.

Over time, the definition of “officially unemployed” has gotten more restrictive, and today only 6.097 million working age Americans are considered to be in that category.

Meanwhile, a staggering 99.800 million working age Americans are considered to be “not in the labor force”.

When you add both categories together, you get a total of 105.897 million working age Americans that do not have a job right now.

Let me try to put that into perspective.

During the Great Recession of 2008 and 2009, that number never even got up to 90 million.

So that means that the number of working age Americans that are not employed at this moment far surpasses anything that we witnessed during the Great Recession.

Please do not believe the garbage that the federal government is trying to sell you.

Unemployment is not low. In fact, John Williams estimates that the real rate of unemployment in this country is somewhere around 25 percent.

If you are out of work at this moment, please realize that you are not alone.

In April, 37-year-old North Carolina resident Al Brown lost his job, and now his family is really struggling…

Al Brown and his fiancée faced a tough call in May when reviewing their weekly budget: What’s a higher priority, more food or dish soap?

Based in Concord, North Carolina, Brown was the main breadwinner for his fiancée and their two children. Then in April, he was let go from his job as a global director of business development at software company Cascade.

He’s since quit his gym membership and sold miscellaneous items around his home, including a computer and yard furniture, to make ends meet. His 13-year-old son quit the basketball team. While losing the family’s source of income has taken a financial toll, it’s also resulted in a mental one.

Since he was laid off, Brown has submitted more than 600 job applications, but that has produced only a few interviews and no job offers…

Brown, 37, now spends his days scouring the internet for jobs or reaching out to potential connections. After filing over 600 applications, only a handful have produced interviews, he says.

If jobs are easy to get, why hasn’t Al Brown been able to find one?

Can anyone out there explain that to me?

Perhaps I am just a little slow, because what the Biden administration is telling us about the economy does not seem to correspond with reality at all.

54-year-old Nina McCollum has applied for “hundreds of jobs” since losing her position in March, and she is still jobless as well…

Nina McCollum, 54, was laid off from her writing gig at jobs site Glassdoor back in March. She hasn’t found a new role since, despite applying to hundreds of jobs.

She’s been living off her savings, selling her blood plasma and frequenting food pantries just to get by — all while taking care of a teenage son. Her domestic partner helps out, but he can’t make up for her lost income.

Why can’t these people find work?

What is wrong with them?

Of course the truth is that there is nothing wrong with what they are doing. They are diligently searching for jobs, but the reality of the matter is that the employment market has gotten very tight.

Meanwhile, the cost of living just continues to rise, and that has resulted in a “collapse of household savings”…

In February, the U.S. personal savings rate was estimated to be around 4.6 percent—much below the decades-long average of about 8.9 percent, according to the Bureau of Economic Analysis. But what does this mean?

Some economists think that the collapse of household savings could lead to a spending slowdown and trigger a recession.

The Biden administration may never admit that we have entered a major economic downturn, but that is precisely what we are witnessing.

In fact, the Institute for Supply Management’s manufacturing purchasing managers index has now been below 50 for eight months in a row…

The U.S. manufacturing sector fell deeper into recession territory in May, extending a multimonth slump as experts warn that the economy faces “clear challenges.”

The Institute for Supply Management (ISM) said in a report Monday that its manufacturing purchasing managers index dropped to 46.0 last month, the lowest reading since May 2020 and the eighth consecutive sub-50 reading.

Any readings below 50 represent recession, with all key sub-components in contraction, including the employment index, suggesting layoff pressures are building.

It’s really happening.

Other than for a brief period during the pandemic, we have not seen economic turmoil of this magnitude since 2008 and 2009.

Unfortunately, we are still only in the very early chapters of this crisis.

The economic outlook for the remainder of 2023 is very bleak, the outlook for 2024 is even worse, and the long-term outlook is nightmarish.

But you have to give our leaders credit for propping things up for as long as they did. By flooding the system with money, they were able to delay our moment of reckoning for a long time.

Of course their gimmicks were also making our long-term problems even worse, and now our long-term problems have become our short-term problems.

There is so much pain ahead of us, and our country is not prepared to handle it.

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.

Now They Are Actually Working On A Plan To Block Out The Sun

June 29, 2023June 28, 2023 by Michael

What are they thinking? Without enough sunlight, life on this planet would not be able to survive for long. So when global leaders start talking about blocking out the sun or “re-engineering the atmosphere”, we should all get really, really nervous. Plants need sunlight in order go grow. So less sunlight would mean less food for all of us. And considering the fact that we are already in the early stages of a horrifying global food crisis, growing enough food should be a very high priority. Unfortunately, the globalists see things very differently. They are apparently willing to implement extremely risky measures in a desperate attempt to get temperatures back into a range that they consider to be “normal”. The following comes from a Bloomberg article entitled “EU Looks Into Blocking Out the Sun as Climate Efforts Falter”…

The European Union will join an international effort to assess whether large-scale interventions such as deflecting the sun’s rays or changing the Earth’s weather patterns are viable options for fighting climate change.
The bloc will announce a framework Wednesday for assessing the security implications of a rapidly warming planet, such as the potential for scarce water or food to trigger conflict and migration, according to a draft document seen by Bloomberg. Part of that assessment includes studying the potential dangers of re-engineering the atmosphere.

This is madness.

Blocking out the sun isn’t going to solve anything.

In fact, it would have the potential to create far bigger problems than we are facing now.

But the globalists are desperate. Even though they have been imposing unthinkable mandates on their populations, carbon emissions just aren’t going down fast enough to meet their goals. For example, the Dutch government is actually forcing thousands of farmers to turn over their farms…

The Dutch government is planning to purchase and then close down up to 3,000 farms in an effort to comply with a European Union environmental mandate to slash emissions, according to reports.

Farmers in the Netherlands will be offered “well over” the worth of their farm in an effort to take up the offer voluntarily, The Telegraph reported. The country is attempting to reduce its nitrogen pollution and will make the purchases if not enough farmers accept buyouts.

“There is no better offer coming,” Christianne van der Wal, nitrogen minister, told the Dutch parliament on Friday.

Shutting down thousands of farms in the midst of the worst global food crisis in modern history is literally an insane thing to do.

But they are doing it anyway.

And the government of Canada is considering similar measures. Canada is supposed to reduce carbon emissions from fertilizer by 30 percent by 2030, and so the government is looking at ways to impose draconian production reductions on farmers…

Production losses could be significant, according to an analysis commissioned by Fertilizer Canada. Canada could lose over 160 million metric tons of canola, corn and spring wheat between 2023 and 2030 due to the plan, according to the report. That’s nearly double Canada’s expected grain production this season.

Agriculture emissions have soared in recent decades as farmers apply more fertilizer to increase output. Emissions from crop soils rose 87 per cent to about 7.6 metric tons of carbon dioxide over three decades through 2020, according to the latest data from Environment and Climate Change Canada .

I can’t even begin to describe how stupid this is.

We need more food, not less.

Here in the United States, the USDA has made fighting climate change their number one priority. The following comes from Doug Casey…

The US Department of Agriculture has about 100,000 employees. It’s one of the many US government departments that should be abolished. If any of those 100,000 employees actually know anything about agriculture or farming—most of them don’t—they should go out and do it, as opposed to making the lives of farmers miserable.

Interestingly, the #1 mission of the USDA, stated on its website, is to combat climate change. Not to improve food production.

The USDA, the EPA, and many others create regulations on everything and anything that farmers do today. I’d point out that according to USDA rules, a “farm” is any piece of land that produces over or can produce over $1000 worth of product. That’s an unbelievably low amount. A garden in your backyard can be deemed a farm if it suits the authorities.

I feel so sorry for our farmers.

They shouldn’t have to put up with this.

Sadly, the zealotry of the climate change cult seems to get more extreme with each passing year.

In New York City, officials are actually planning to crack down on restaurants that use pizza ovens that are powered by coal and wood…

Historic Big Apple pizza joints could be forced to dish out mounds of dough under a proposed city edict targeting pollutant-spewing coal-and-wood-fired ovens, The Post has learned.

The New York City Department of Environmental Protection has drafted new rules that would order eateries using the decades-old baking method to slice carbon emissions by up to 75%.

If you have had pizzas that are cooked over real flames, you know how incredibly delicious they can be.

But if authorities in New York City have their way, New Yorkers will soon be deprived of such pleasure.

We live in a world that is literally going insane.

We aren’t going to make enough food for everyone in the world this year, and the outlook for future years is even worse.

Our leaders know that global famine is coming, but they seem absolutely determined to make it even worse.

During this upcoming holiday, take some time to enjoy our sun while you still can.

If the globalists have their way, it won’t be too long before the sun is much dimmer and much less sunlight is reaching our planet.

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.

A Colossal “Heat Dome” Is Literally Baking Much Of The Country, And This Could Cause Widespread Crop Failures

June 27, 2023June 27, 2023 by Michael

If you live in the Southwest, you don’t need me to tell you that it is hot. A massive “heat dome” has been sitting over the region for quite some time, and it doesn’t appear that it will be moving much for at least several more days. There have been many areas where the heat index has already been up around 120 degrees. In Rio Grande Village, the actual temperature was 119 degrees on Friday, and forecasters were warning that the same reading would be reached again on Tuesday. This extreme heat has already caused several deaths, and it could potentially cause widespread crop failures.

If you live in an area that is being affected by this heat dome, please don’t take any unnecessary risks.

According to a professor of atmospheric science at Iowa State University, the extreme heat that is being produced can make it “feel like an oven” when you are outside…

A heat dome occurs when a persistent region of high pressure traps heat over an area, according to William Gallus, professor of atmospheric science at Iowa State University.

“The heat dome can stretch over several states and linger for days to weeks, leaving the people, crops and animals below to suffer through stagnant, hot air that can feel like an oven,” Gallus said in an article in The Conversation.

Unfortunately, it is going to be some time before cooler temperatures come along, and it is being reported that extreme heat will soon “expand north into the Plains and east into the Southeast”…

Tens of millions of Americans across the south and central U.S. – many of them in Texas – have endured a brutal heat wave over the past couple of weeks as temperatures soared to record levels, including some above 110 degrees.

Forecasters expect the intense heat to continue in Texas for much of this week in and expand north into the Plains and east into the Southeast. Meteorologist Scot Pilie warned on Twitter that more temperature records could topple, leading to dangerous heat index values.

Needless to say, all of this heat is not good for crops.

According to Newsweek, crops in Texas are basically cannibalizing themselves in a desperate attempt to survive…

Crops in Texas are essentially “cannibalizing” themselves to survive during the state’s severe heat wave, according to one farmer.

“They are drying up a lot faster than they should, causing it to lodge and fall over. The plant is basically cannibalizing itself and eating itself up trying to survive,” farmer James Faske told KRIS-TV in Corpus Christi.

This is really bad news, but if crops elsewhere were doing great we would be fine.

Of course that is not the case at all.

Further north, drought conditions continue to spread throughout the Midwest…

Nearly 60% of the Midwest, which includes Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Missouri, Ohio and Wisconsin, is under moderate drought, according to the U.S. Drought Monitor, which is run jointly by the federal government and the National Drought Mitigation Center at the University of Nebraska-Lincoln. Nearly 93% of the region is abnormally dry, with around 16% of it suffering severe drought.

In the Great Plains states of Kansas and Nebraska, the situation is far worse. A quarter of Nebraska and 38% of Kansas are under extreme drought. More than a tenth of Nebraska and 8% of Kansas are in exceptional drought — the monitor’s most severe stage.

As I have detailed in previous articles, corn and soy farmers are being absolutely devastated by the persistent drought conditions.

At this point, some parts of Illinois “have received only around 5% of normal rainfall this month”…

Parts of Illinois have received only around 5% of normal rainfall this month, he added. Several places in the state should have 10 more inches of precipitation than they’ve gotten since April. Cities in the Chicago area are having their driest periods since 1936. Major rivers in the state, such as the Illinois and Kankakee, are at record lows for this time of year.

So what is going to happen if plenty of rain does not come in the weeks ahead?

Illinois is one of our most important farming states. It normally produces massive amounts of corn and soy.

But now conditions are so bad that giant dust storms are being produced. For example, an absolutely gigantic dust storm that happened on May 1st resulted in an 84 vehicle pileup…

Illinois’ farming practices have come into sharper focus since May 1, when a massive cloud of soil, blown from nearby fields by winds topping 40 mph, blanketed a busy stretch of Interstate 55 south of Springfield. The resulting 84-vehicle pileup killed eight people and injured at least three-dozen others.

Some called what happened that morning a “perfect storm,” unprecedented in its size, its staying power and the carnage it caused.

For a long time I tried to explain to my readers that Dust Bowl conditions would be returning to the middle of the country.

Now we are here.

Last week, I wrote about the fact that 64 percent of our corn and 57 percent of our soy is currently being grown in areas that are experiencing drought.

It will be interesting to see how those numbers change when the next U.S. Drought Monitor update comes out on Thursday.

Even before this “heat dome” arrived, U.S. corn was in horrible condition.

In fact, the last time U.S. corn was in such bad shape was in 1992.

That is more than 30 years ago.

And now this “heat dome” threatens to take this crisis to an entirely new level.

Sadly, all of this is happening in the context of the worst global food crisis in modern history.

Severe famines have already erupted in some areas of the globe, and global food supplies are only going to get tighter in the years ahead.

If you do not know how to grow a garden, I would encourage you to learn, because we are now entering unprecedented territory.

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.

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