The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

chinese-money-public-domainThe pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China.  Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world history.  At this point the total value of all outstanding loans in China has hit a grand total of more than 28 trillion dollars.  That is essentially equivalent to the commercial banking systems of the United States and Japan combined.  While it is true that government debt is under control in China, corporate debt is now 171 percent of GDP, and it is only a matter of time before that debt bubble horribly bursts.  The situation in China has already grown so dire that the Bank for International Settlements is sounding the alarm… (Read More...)

Arch That Was A Gateway To The Temple Of Baal Is Going Up In New York’s City Hall Park On Monday

new-york-city-september-19-2016If you tried to put up a large cross in a public park in New York City there would be lawsuits flying all over the place, but apparently an ancient pagan arch that served as a gateway to the Temple of Baal is no problem at all.  On Monday, September 19th, a reconstructed version of Palmyra’s Arch Of Triumph (also known as the Monumental Arch) will be erected in New York City.  Specifically, it will be located in City Hall Park in Manhattan.  The organization behind this project is known as the Institute for Digital Archaeology, and they have confirmed the location and the date on their official website… (Read More...)

Creepy Clowns Are Terrorizing Children, Parents And Schools All Over America

creepy-clown-posted-by-karen-mann-hicks-on-facebookAn epidemic of creepy clown sightings is sweeping America, and authorities don’t know who or what is behind it.  In some instances, clowns with horrific expressions painted on their faces have been spotted standing on the side of the road, lurking near the edge of the woods or just roaming about town staring at random people.  But in other instances there have been reports of clowns actually attempting to lure children with gifts, and there have even been some reports of children running away from creepy clowns that were chasing after them.  While doing research for this article, I came across recent creepy clown sightings from South Carolina, North Carolina, Ohio, Florida, Wisconsin, California, Alabama, Georgia and West Virginia.  This is truly a nationwide phenomenon, and many believe that it will get even worse as Halloween approaches. (Read More...)

More Jobs Shipped Out Of The Country: Ford Moves All Small Car Production To Mexico

ford-assembly-line-photo-by-gilly-berlinWhat is going to happen when America finally doesn’t have any manufacturing jobs left at all?  On Wednesday, we learned that Ford Motor Company is shifting all small car production to Mexico.  Of course the primary goal for this move is to save a little bit of money.  This hits me personally, because my grandfather once worked for Ford.  He was loyal to Ford all his life, and he always criticized other members of the family when they bought a vehicle that was not American-made.  When I was young I didn’t understand why making vehicles in America is so important, but I sure do now.  By shipping jobs overseas, we are destroying jobs, we are destroying small businesses and we are destroying our tax base.  If we want to be a wealthy nation, we have got to make things here, and hopefully we can get the American people to start to understand this. (Read More...)

Desperately Poor Teens In America’s Impoverished Inner Cities Are Trading Sex For Food

sad-girl-public-domainWhen people get hungry enough, they will do just about anything for some food.  According to brand new research that was just released this week from Feeding America and the Urban Institute, there are millions of teenagers in America that live in “food insecure” households, and researchers were stunned to learn what some of these teens are willing to do to feed themselves.  Some resort to shoplifting, others deal drugs, and there were a surprising number of participants in the study that actually admitted to trading sex for food.  It wouldn’t be a shock to hear that these kinds of things are going on in an economically-depressed nation such as Venezuela, but this is the United States of America.  We are supposed to be the wealthiest nation on the entire planet.  Sadly, even while the stock market has been soaring in recent years, poverty in America has been on the rise.  For those on the low end of the economic scale, things have gone from bad to worse since the end of the last recession, and millions of children are deeply suffering as a result. (Read More...)

Clinton Collapse: Is Hillary Clinton Going To Drop Out Of The Race For The White House?

Hillary Clinton's CollapseWhat was once unthinkable has now become a very real possibility.  We have all seen the video which shows Hillary Clinton fainting and collapsing into the arms of Secret Service agents as she waited to get into her van following an abrupt exit from a ceremony commemorating the 15th anniversary of the 9/11 terrorist attacks.  What has been obvious to many of us for quite a while is now being talked about on every political talk show in America.  Not too long ago, you were called a “conspiracy theorist” if you dared to question Clinton’s health, but today it is the central issue of the presidential campaign.  With less than two months to go until election day, all of a sudden we are facing some unprecedented scenarios.  Last month, I openly pondered if Clinton’s rapidly declining health would allow her to make it to election day, and today it is being reported that Democratic operatives are scrambling to figure out who would replace her if she does decide to drop out.  This has already been the craziest election season in modern times, and I have a feeling that it is about to get even crazier. (Read More...)

Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes

HomelessJust like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate.  According to the Department of Housing and Urban Development, more than half a million people are homeless in America right now, but that figure is increasing by the day.  And it isn’t just adults that we are talking about.  It has been reported that that the number of homeless children in this country has risen by 60 percent since the last recession, and Poverty USA says that a total of 1.6 million children slept either in a homeless shelter or in some other form of emergency housing at some point last year.  Yes, the stock market may have been experiencing a temporary boom for the last couple of years, but for those on the low end of the economic scale things have just continued to deteriorate. (Read More...)

Major Problems Announced At One Of The Largest Too Big To Fail Banks In The United States

Wells FargoDo you remember when our politicians promised to do something about the “too big to fail” banks?  Well, they didn’t, and now the chickens are coming home to roost.  On Thursday, it was announced that one of those “too big to fail” banks, Wells Fargo, has been slapped with 185 million dollars in penalties.  It turns out that for years their employees had been opening millions of bank and credit card accounts for customers without even telling them.  The goal was to meet sales goals, and customers were hit by surprise fees that they never intended to pay.  Some employees actually created false email addresses and false PIN numbers to sign customers up for accounts.  It was fraud on a scale that is hard to imagine, and now Wells Fargo finds itself embroiled in a major crisis. (Read More...)

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