“Thanos did nothing wrong” has become one of the most common mantras on the Internet in recent days, and it just sparked one of the biggest events in Reddit history, but most people still don’t understand what all of the commotion is about. So let me try to break it down very simply. In the most recent Avengers movie, the story centers around a super-villain named Thanos that intends to wipe out half of all life in the universe. He does not want to do this just to be evil, but rather his plan is to get population growth under control so that those that remain will be able to enjoy happy, sustainable lives. If that sounds uncomfortably close to something that you have heard before, that is because it is. Population control is a major theme on the radical left, and many of them truly believe that humanity’s population must be greatly reduced “to stop global warming” and “to save the planet”. In the film, Thanos truly believes that he is doing the right thing, but since he is the villain everyone in the audience is theoretically supposed to be rooting for him to be defeated. But instead of being universally hated, Thanos has become the big breakout star from this movie. Large numbers of people are insisting that “Thanos did nothing wrong” and are embracing his population control philosophy. (Read More...)
Poll Asks Americans To Name The Greatest President In Their Lifetimes – Barack Obama Wins With 31 Percent
It is exceedingly difficult to be optimistic about the future of our nation when you see poll numbers like this. The Pew Research Center recently conducted a survey in which they asked Americans to name the president that has “done the best job in your lifetime”. You would think that Ronald Reagan would be the winner by a very wide margin, but he wasn’t. Instead, Barack Obama was the winner with 31 percent of the vote. Reagan came in second with 21 percent, Bill Clinton was third with 13 percent, and Donald Trump was fourth with just 10 percent. When you add the Obama and Clinton numbers together, you come up with a grand total of 44 percent of all Americans that believe that either Barack Obama or Bill Clinton was the best president during their lifetimes, and that is absolutely frightening. It essentially means that nearly half of the entire U.S. population has gone mad, and with numbers such as those it is very difficult to imagine how we are ever going to restore our Constitutional Republic. (Read More...)
An Absolutely Epic Escalation Of The Trade War Has Us On The Precipice Of A Cataclysmic Global Economic Crisis
If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning. For the past several decades, China and other low cost exporters have been flooding our shores with hundreds of billions of dollars worth of cheap goods. This is the only reason why you can go to Wal-Mart and buy a shirt for three bucks. But since we buy far more stuff from the rest of the world than they buy from us, we ultimately have to go back to those other nations and beg them to lend our money back to us so that we can pay our bills. This sick, twisted co-dependent relationship has enabled Americans to live a debt-fueled standard of living that is far beyond what we deserve, and now our rapidly escalating trade war with China is going to bring the party to a crashing halt. On Tuesday, the Trump administration released a list of $200,000,000,000 worth of Chinese exports that will be hit with 10 percent tariffs. Those tariffs are in addition to the 25 percent tariffs that had previously been announced on 50 billion dollars worth of Chinese exports. These new tariffs are scheduled to go into effect on August 30th, and the Chinese have already pledged to retaliate. (Read More...)
U.S. Consumers On An Unprecedented Debt Binge As Credit Card Debt Soars To An All-Time Record High
Americans are on an absolutely spectacular debt binge. Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped out and are relying on borrowed money to make it from month to month? On Monday, the Federal Reserve announced that total consumer credit in the United States increased by a whopping 24.6 billion dollars in May, which was far greater than the 12.4 billion dollar gain that economists were anticipating. Total U.S. consumer credit has now hit a grand total of 3.9 trillion dollars, but it is the “revolving credit” numbers that are getting the most attention. Revolving credit alone shot up by 9.8 billion dollars in May, and that was one of the largest monthly increases ever recorded. At this point, total “revolving credit” has reached a brand new all-time record high of 1.39 trillion dollars, and credit card debt accounts for nearly all of that figure. (Read More...)
Mass Exodus From The Church: The Percentage Of Young Adults With No Religious Affiliation Has Nearly QUADRUPLED Since 1986
We are witnessing a religious shift that is unprecedented in size and scope in American history. With each passing year, the percentage of Americans that claim no religious affiliation is growing, and this trend is especially pronounced among our young people. If things continue to steadily move in this direction, that is going to have enormous implications for the future of our society. The United States was founded by people that were extremely committed to their faith, and now we are rapidly becoming a nation where people are choosing no religion at all. We live at a time when there is a mass exodus from Christian churches, and while it is true that some smaller faiths are growing, the reality of the matter is that most of the people that are leaving are remaining unaffiliated. According to PRRI, if you go back to 1991 only 6 percent of all Americans were “unaffiliated”, but today that number has shot up to 25 percent… (Read More...)
Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun
Nothing is going to be the same after this. On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs. If it stopped there, this trade war between the United States and China would not be catastrophic for the global economy. But it isn’t going to stop there. Donald Trump is already talking about hitting China with an additional 500 billion dollars in tariffs, which would essentially cover pretty much everything that China exports to the U.S. in a typical year. The Chinese have accused Trump of starting “the biggest trade war in economic history”, and they are pledging to fight for as long as it takes. As I discussed yesterday, the only way that one side is going to “win” this trade war is if the other side completely backs down, and that simply is not going to happen. So there is going to be economic pain, and that pain is likely to intensify for as long as this trade war persists. U.S. businesses that will be affected by foreign tariffs are already cutting back production and laying off workers, and CNN is reporting that 1,300 products have suddenly become more expensive for U.S. consumers. There will be nowhere that anyone can hide from this trade war, and it will ultimately affect every single man, woman and child in the entire country. (Read More...)
The U.S. Trade War With China Officially Goes To The Next Level As Financial Markets Around The World Continue To Implode
Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods becomes official, and these tariffs are going to fundamentally alter the economic relationship between the two largest economies on the entire planet. Over the past several decades, U.S. consumers have loved gobbling up super-cheap goods from China, and the Chinese have used many of the dollars that they have been accumulating to fund our exploding national debt. This symbiotic relationship has been bad for the United States in a lot of ways, and something had to be done, but in the short-term this trade war is going to be enormously painful. Sadly, most Americans are completely oblivious to what is happening. The following comes from Bloomberg… (Read More...)
We Are Witnessing Unusual Stock Market Behavior That Is Unlike Anything That We Have Seen Since 2008
We have not seen Wall Street this jumpy since just before the great financial crisis of 2008. As I have explained so many times before, when the waters are calm and there is low volatility, markets tend to go up. And when the waters are choppy and volatility starts to spike, markets tend to go down. That is why the behavior that we have been witnessing from investors during the first two quarters of 2018 is so alarming. A high level of market turnover is often a sign of big trouble ahead, and according to Bloomberg our financial markets “are churning at the fastest rate since 2008″… (Read More...)