NASA 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
Current 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
In 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
We 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...)
It Is About Time That We Had A President That Was Willing To Go To War With The Mainstream Media
Thursday afternoon’s press conference was perhaps the most memorable moment of Donald Trump’s presidency so far. Trump’s blistering attack on the media was quite a spectacle, but the truth is that it was desperately needed. For decades, the mainstream media has dominated political discourse in this country no matter who has been in control of the White House or Congress. They have become masters of guiding and shaping public opinion, and in recent years they have completely discarded any pretense of being “unbiased” or “objective”. These monolithic media organizations relentlessly push the progressive agenda of their owners (the global elite), and that is why the “news” always seems to be just about the same no matter which network it is coming from. Their monopoly is slowly being broken by the rise of the alternative media, but the truth is that most Americans still rely on just a handful of ultra-powerful media organizations for their news. (Read More...)
11 Deeply Alarming Facts About America’s Crumbling Infrastructure
No matter what your particular political perspective is, if there is one thing that virtually everyone in the United States can agree upon it is the fact that America’s infrastructure is crumbling. Previous generations of Americans conquered an entire continent and erected the greatest system of infrastructure that the world had ever seen, but now thousands upon thousands of those extremely impressive infrastructure projects are decades old and in desperate need of repair or upgrading. The near catastrophic failure of the Oroville Dam is a perfect example of what I am talking about. We should be constructing the next generation of infrastructure projects for our children and our grandchildren, but instead we are in such sorry shape that we can’t even keep up with the maintenance and upkeep on the great infrastructure projects that have been handed down to us. (Read More...)
This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress
When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem. For quite some time I have been writing about the shrinking middle class, and one of the biggest culprits is inflation. Every month, tens of millions of American families struggle to pay the bills, and most of them don’t even understand the economic forces that are putting so much pressure on them. The United States never had a persistent, ongoing problem with inflation until the debt-based Federal Reserve system was introduced in 1913. Since that time, we have had non-stop inflation and the U.S. dollar has lost more than 98 percent of its value. If our paychecks were increasing faster than inflation this wouldn’t be a problem, but in recent years this has definitely not been the case for most Americans. (Read More...)
The Globalists Strike Back With A Major Push Toward A Cashless Society
Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up. In fact, a major push toward a cashless society is being made in the European Union right now. Last May we learned that the 500 euro note is being completely eliminated, and just a few weeks ago the European Commission released a new “Action Plan” which instructs member states to explore “potential upper limits to cash payments”. In the name of “fighting terrorism”, this “Action Plan” discusses the benefits of “prohibitions for cash payments above a specific threshold” and it says that those prohibitions should include “virtual currencies (such as BitCoin) and prepaid instruments (such as pre-paid credit cards) when they are used anonymously.” (Read More...)