Is Something Strange Happening Inside The Earth?

Volcano Lava Landscape - Public DomainWhy are “giant fountains of lava” suddenly pouring out of some of the most dangerous volcanoes on the entire planet, and why are so many long dormant volcanoes suddenly roaring back to life?  The spectacular eruption of Mt. Etna in Italy is making headlines all over the world, but it is far from alone.  According to Volcano Discovery, 35 major volcanoes either are erupting right now or have just recently erupted, and dozens of others are stirring.  So what is causing this upsurge in volcanic activity?  Is something strange happening inside the Earth? (Read More...)

March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue

Global Debt Super Cycle - Public DomainFor more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history.  Never before have we seen such a level of debt saturation all over the planet, and pretty much everyone understands that this is going to end very, very badly at some point.  The only real question is when it will happen.  Many believe that the current global debt super cycle began when the Federal Reserve was established in 1913.  Central banks are designed to create debt, and since 1913 the U.S. national debt has gotten more than 6800 times larger.  But of course it is not just the United States that is in this sort of predicament.  At this point more than 99 percent of the population of the entire planet lives in a nation that has a debt-creating central bank, and as a result the whole world is drowning in debt. (Read More...)

Retail Apocalypse Gains Momentum As David Stockman Warns ‘Everything Will Grind To A Halt’ After March 15th

Retail Apocalypse 2017 - Public DomainJ.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and Family Christian is closing all of their 240 stores. In recent months the stock market has been absolutely soaring, and so most people have simply assumed that the “real economy” must be doing well. But that is not the case at all. In fact, the retail apocalypse that I have been documenting for quite some time appears to be gaining momentum. (Read More...)

How Angry Will You Be If The Republicans In Congress Do Not Repeal Obamacare?

Obamacare Report Card - FacebookTop Republicans are now publicly saying that Obamacare will never be fully repealed. In fact, many Republicans in Congress are already using the term “repair” instead of “repeal” to describe what is going to happen to Barack Obama’s signature healthcare law. Without a doubt, the Republicans in Congress are eventually going to do something, but strategists in both parties are now suggesting that most of the key elements of Obamacare are going to remain once everything is all said and done. It will be put into a more “conservative” package, but it will still be Obamacare. (Read More...)

Why Is NASA Using The Discovery Of 7 New Earth-Sized Planets To Promote The Idea That Alien Life May Exist?

TRAPPIST-1f - Photo by NASANASA told us in advance that there would be a huge announcement on Wednesday, and it certainly was not a disappointment.  NASA’s declaration that 7 new Earth-sized planets had been discovered approximately 40 light years away from our sun made headlines all over the globe, and the Internet immediately started buzzing with lots of discussions about the possibility that these newly discovered worlds may have life on them.  This isn’t the kind of thing that I normally write about on The Economic Collapse Blog, but some of the things that were being said by the scientists involved in this discovery seemed quite odd.  It is one thing to say that some new planets have been found, but it is another thing entirely to start speculating about life on those planets.  With each new discovery that is made, why does it always seem like NASA is trying to promote the idea that alien life may exist somewhere out there?  Could it be possible that they are trying to mentally prepare us for something? (Read More...)

Virtually Everyone Agrees That Current Stock Market Valuations Are Not Sustainable And That A Great Crash Is Coming

Stock Market Collapse Toilet Paper - Public DomainCurrent stock market valuations are not sustainable.  If there is one thing that I want you to remember from this article, it is that cold, hard fact.  In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes.  What goes up must eventually come down, and the stock market bubble of today will be no exception.  In fact, virtually everyone in the financial community acknowledges that stock prices are irrationally high right now.  Some are suggesting that there is still time to jump in and make money before the crash comes, while others are recommending a much more cautious approach.  But what almost everyone agrees on is the fact that stocks cannot go up like this forever. (Read More...)

The Russian Love Affair With Donald Trump Sours As The U.S. And Russia Move Toward War

NATO Seasparrow surface missile is launched from the aircraft carrier USS George H.W. Bush - Publc DomainIn recent months Donald Trump has been severely criticized by both Democrats and Republicans for not being sufficiently “anti-Russia”, but the truth is that the Trump administration has not been working hard enough to repair a relationship that is now souring very rapidly.  When Donald Trump won the election in November, the Russians celebrated tremendously, because they greatly preferred Trump over Hillary Clinton.  But just because Trump was victorious does not mean that our relationship with Russia will automatically improve.  Trump and Russian President Vladimir Putin both have huge egos, and it is quite easy to imagine a scenario in which things between them go very, very badly. (Read More...)

Why Melania Trump Leading The Public In The Lord’s Prayer At A Rally In Florida Was A Historic Event

Melania Trump Prayer At Florida Rally - YouTube ScreenshotWe just witnessed Melania Trump’s finest moment as First Lady so far.  After a week in which her husband declared war on the mainstream media, Melania absolutely electrified a huge crowd at a rally in Melbourne, Florida by reciting the Lord’s Prayer.  What Donald Trump had to share afterwards was remarkable as well, but that night will always be remembered for what Melania did.  After beginning with the phrase “let us pray”, Melania stunned the entire world by slowly but carefully leading the crowd in the Lord’s Prayer, and it is being reported that the assembled throng responded to her prayer with “thunderous applause“. (Read More...)