It’s Only April, And U.S. Retailers Have Already Closed More Stores Than They Did ALL Of Last Year

If the U.S. economy is in good shape, why have retailers already shuttered more stores than they did in all of 2018?  Not only that, we are also on pace to absolutely shatter the all-time record for store closures in a single year by more than 50 percent.  Yes, Internet commerce is growing, but the Internet has been around for several decades now.  It isn’t as if this threat just suddenly materialized.  As Internet commerce continues to slowly expand, we would expect to see a steady drip of brick and mortar stores close, but instead what we are witnessing is an avalanche.  If the U.S. economy really was “booming”, this wouldn’t be happening.  But if the U.S. economy was heading into a recession, this is precisely what we would expect to see. (Read More...)

San Francisco, Los Angeles And Seattle: 3 Formerly Beautiful West Coast Cities Have Literally Been Transformed Into Hellholes

Once upon a time, San Francisco, Los Angeles and Seattle were three of the most beautiful cities on the entire planet.  I know that this is hard to imagine today, but there was a time when millions of people eagerly moved out to the west coast for a better quality of life.  Sadly, the reverse is true today.  Millions of people are moving away from our major cities on the west coast because of the hellholes that they have become.  A former Seattle police officer that was recently interviewed by a reporter from KOMO News  was very honest about the fact that he would never want to raise a family in Seattle because of the hellhole that it has become.  Every night he saw the worst of Seattle firsthand, and he finally felt forced to quit because city officials would not allow him to effectively do his job.  An explosion of homelessness in our major west coast cities has fueled a wave of crime, drugs and human degradation unlike anything we have seen before, and in many cases our law enforcement officials have their hands tied and are literally being prevented from cleaning up the streets. (Read More...)

We Have Seen This Happen Before The Last 3 Recessions – And Now It Is The Worst It Has Ever Been

Since the last financial crisis, we have witnessed the greatest corporate debt binge in U.S. history.  Corporate debt has more than doubled since then, and it is now sitting at a grand total of more than 9 trillion dollars.  Of course there have been other colossal corporate debt binges throughout our history, and they all ended badly.  In fact, the ratio of corporate debt to U.S. GDP rose above 40 percent prior to each of the last three recessions, but this time around we have found a way to top that.  According to Forbes, the ratio of nonfinancial corporate debt to U.S. GDP is now nearly 50 percent… (Read More...)

Foreshock For Something Bigger? A Magnitude 4.6 Earthquake Just Struck A Fault Line Off The Coast Of Northern California

An unusually large earthquake just hit the west coast.  According to the USGS, a magnitude 4.6 earthquake that was centered directly on a fault line happened approximately 221 kilometers west of Ferndale, California on Friday.  Fortunately it was far enough away from shore that no major damage was caused.  But if this was just a foreshock for a larger event that is still to come, then there is definitely reason to be concerned.  Scientists tell us that California is way overdue for the “Big One”, and as you will see below, when it finally arrives it could potentially be the worst cataclysm in American history up to this point. (Read More...)

The Weakening Of Earth’s Magnetic Field Has Greatly Accelerated, And That Could Have Apocalyptic Implications For All Of Us

Earth’s magnetic field is getting significantly weaker, the magnetic north pole is shifting at an accelerating pace, and scientists readily admit that a sudden pole shift could potentially cause “trillions of dollars” in damage.  Today, most of us take the protection provided by Earth’s magnetic field completely for granted.  It is essentially a colossal force field which surrounds our planet and makes life possible.  And even with such protection, a giant solar storm could still potentially hit our planet and completely fry our power grid.  But as our magnetic field continues to get weaker and weaker, even much smaller solar storms will have the potential to be cataclysmic.  And once the magnetic field gets weak enough, we will be facing much bigger problems.  As you will see below, if enough solar radiation starts reaching our planet none of us will survive. (Read More...)

Hundreds Of Millions Of Pigs Feared Dead From Swine Fever – Price Of Pork Has Risen 38 Percent In The Last 4 Weeks

A plague of epic proportions is ripping through the global pig population, and CNBC is warning that this unprecedented outbreak of African swine fever “could lead to significant shortages” of pork in the global marketplace.  As you will see below, the price of pork has already risen 38 percent over the last 4 weeks, and it appears inevitable that it will go a lot higher as this crisis continues to intensify.  When the first case of African swine fever was reported in China last August, nobody was really too concerned at the time.  But since then it has been spreading like wildfire, and the most recent estimates of the spread of the disease that we are getting from the experts are absolutely terrifying. (Read More...)

Uh Oh: The Number Of Job Openings In The U.S. Dropped By More Than Half A Million In Just One Month

According to the Labor Department, the number of job openings in the United States just plunged by the largest amount we have seen in nearly four years.  The latest JOLTS report shows that the number of job openings has declined by 538,000, and that is a really big number for just a single month.  But we shouldn’t be surprised by this at all, because it is perfectly consistent with all of the other dismal economic numbers that have been coming in recently.  An economic slowdown is here, and many believe that it is just getting started. (Read More...)

ANOTHER “Bomb Cyclone” Will Bring More Flooding To Parts Of The Midwest That Were Hit By A “1,000 Year Flood” Last Month

Less than a month after a “bomb cyclone” caused a “1,000 year flood” in the middle portion of the country, another “bomb cyclone” of similar strength is going to bring even more flooding to the High Plains and Upper Midwest.  According to meteorologists, it is being projected that this new “bomb cyclone” will be “similar in intensity and in snowfall” to the last one, and the latest forecast is calling for “more than 30 inches in some areas”.  The floods that we witnessed last month absolutely devastated communities throughout the region, and now it is going to happen again.  The middle part of our nation has literally never seen anything like this happen ever before, and this is easily the worst natural disaster to hit the United States since Hurricane Katrina. (Read More...)

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