If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try to counter my arguments by pointing out the growing dominance of Amazon. And I certainly can’t deny that online shopping is on the rise, but it still accounts for less than 10 percent of total U.S. retail sales. No, something bigger is happening in our economy, and it isn’t receiving nearly enough attention from the mainstream media. (Read More...)
Is Saudi Arabia Heading For War With Iran?
Is a major war in the Middle East looming on the horizon? Most of us living in the western world simply do not realize how much Saudi Arabia and Iran truly hate one another. Saudi Arabia is the global center for Sunni Islam, and Iran is the global center for Shia Islam, and the two major sects of Islam have a history of bad blood that literally goes back for over a thousand years. The Saudis and the Iranians are already engaged in “proxy wars” in Syria and in Yemen, and now a missile that was fired at Riyadh’s international airport threatens to turn the conflict between the two regional powers into a hot war. (Read More...)
The Federal Reserve Has Just Given Financial Markets The Greatest Sell Signal In Modern American History
Why have stock prices risen so dramatically since the last financial crisis? There are certainly many factors involved, but the primary one is the fact that the Federal Reserve has been creating trillions of dollars out of thin air and has been injecting all of that hot money into the financial markets. But now the Federal Reserve is starting to reverse course, and this has got to be the greatest sell signal for financial markets in modern American history. Without the artificial support of the Federal Reserve and other global central banks, there is no possible way that the massively inflated asset prices that we are witnessing right now can continue. (Read More...)
Mass Shooting At Texas Church Shows Why Every Church In America Needs To Have Armed Security
The mass shooting at the First Baptist Church in Sutherland Springs, Texas on Sunday morning is already being called the deadliest church shooting in modern U.S. history, and we need to be in prayer for the victims and for their families. At about 11:30 AM, a heavily armed man entered the sanctuary and began shooting. At this point it is being reported that “at least 27 people have been killed” and at least another 30 have been injured. Tragically, reports indicate that several small children are among those that were murdered. (Read More...)
How High Can It Go? Bitcoin Shocks The World By Crossing The $7000 Mark Less Than 1 Month After It Sold For $5000
Less than a month ago, Bitcoin was selling for less than $5000, but now it has smashed through the $7000 mark with seemingly no end in sight. At this point Bitcoin has a total market cap of more than 100 billion dollars, and some analysts are suggesting that it could eventually go as high as a trillion dollars. Cryptocurrencies overall are up an astounding 640 percent so far in 2017, and personally I regret not investing when Bitcoin was still in the very early stages. I always thought that governments would eventually crack down and regulate cryptocurrencies out of existence, and that still may happen someday, but it hasn’t happened yet. (Read More...)
78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt
Are you living paycheck to paycheck? Is so, you are just like most other hard working Americans. As you will see below, 78 percent of full-time workers in the United States say that they are living paycheck to paycheck. That is the highest figure ever recorded, and it is yet more evidence that the middle class is under an increasing amount of stress. The cost of living is rising at a much faster pace than our paychecks are, and more families are falling out of the middle class with each passing month. Unfortunately, this is something that the mainstream media really doesn’t want to talk about these days. Instead, they just keep having us focus on the soaring financial markets which are being grossly artificially inflated by global central banks. (Read More...)
On November 4th The Antifa Insurgency Against Donald Trump And His Supporters Will Begin
Are we about to see chaos in the streets in major cities all over America? Antifa and other radical leftist groups are promising that a series of protests will begin on November 4th that will never end until “the Trump/Pence regime” is “removed from power”. And as you will see below, Antifa has openly and publicly embraced violence and the Department of Homeland Security says that they have engaged in domestic terrorism. Hopefully these “protests” will fizzle out after a few weeks, because political organizations that believe in “the necessary use of violence” have no place in our society. (Read More...)
37 Percent Rate Increase In 2018??? Obamacare Is Imploding And It Must Be Repealed Now!
Are you ready to pay 37 percent more for health insurance in 2018? Obamacare is imploding faster than most of us imagined, and these rate increases are absolutely killing hard working middle class families all across the country. I wrote about the steady erosion of the middle class yesterday, and health insurance is one of the main reasons why the cost of living is increasing at a much faster rate than our paychecks are. It greatly frustrates me that we have given the Republicans control of the White House, the Senate and the House of Representatives and Obamacare still has not been repealed. The truth is that should have happened on day one of the Trump presidency. (Read More...)