Depressing Survey Results Show How Extremely Stupid America Has Become

No Thinking - Public DomainTen years ago, a major Hollywood film entitled “Idiocracy” was released, and it was an excellent metaphor for what would happen to America over the course of the next decade.  In the movie, an “average American” wakes up 500 years in the future only to discover that he is the most intelligent person by far in the “dumbed down” society that he suddenly finds himself in.  Sadly, I truly believe that if people of average intellect from the 1950s and 1960s were transported to 2016, they would likely be considered mental giants compared to the rest of us.  We have a country where criminals are being paid $1000 a month not to shoot people, and the highest paid public employee in more than half the states is a football coach.  Hardly anyone takes time to read a book anymore, and yet the average American spends 302 minutes a day watching television.  75 percent of our young adults cannot find Israel on a map of the Middle East, but they sure know how to find smut on the Internet.  It may be hard to believe, but there are more than 4 million adult websites on the Internet today, and they get more traffic than Netflix, Amazon and Twitter combined. (Read More...)

Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis

Boom - Public DomainIf a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening.  As you will see below, corporate defaults are currently at the highest level that we have seen since 2009.  A wave of bankruptcies is sweeping the energy industry, but it isn’t just the energy industry that is in trouble.  In fact, the average credit rating for U.S. corporations is now lower than it was at any point during the last recession.  This is yet another sign that we are in the early chapters of a major league economic crisis.  Yesterday I talked about how 23.2 percent of all Americans in their prime working years do not have a job right now, but today I am going to focus on the employers.  Big corporate giants all over America are in deep, deep financial trouble, and this is going to result in a tremendous wave of layoffs in the coming months. (Read More...)

23 Percent Of Americans In Their Prime Working Years Are Unemployed

Unemployment - Public DomainDid you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working age Americans that do not have a job right now?  I have written about this before, but today I want to focus just on Americans that are in their prime working years.  When you look at only Americans that are from age 25 to age 54, 23.2 percent of them are unemployed right now.  The following analysis and chart come from the Weekly Standard… (Read More...)

More Islamic Terror Coming: ISIS Has Sent 400 Trained Fighters Into Europe To Conduct Terror Attacks

Skull Smiling - Public DomainThe recent attacks in Paris and in Brussels were just the tip of the iceberg of a massive wave of Islamic terror that is soon coming to Europe.  As you will see below, the Associated Press is reporting that ISIS has specially trained “at least 400 attackers” and has already sent them into Europe with specific instructions to conduct terror operations.  So Barack Obama may not think that we have anything to be concerned about, but the facts on the ground tell us a completely different story.  Thanks to Europe’s openness to “war refugees” from Syria, it is very easy for radical jihadists to get into countries such as France, Belgium and Germany.  And once they are on European soil, there are plenty of other disgruntled Islamic refugees that they can recruit to their cause.  Europe stands on the precipice of the greatest terror crisis that it has ever known, and the attacks that are coming next are likely to be far more deadly than anything we have seen so far. (Read More...)

Super Soft On Islamic Terror: Obama Says That ISIS ‘Is Not An Existential Threat To Us’

Obama Makes A StatementIn the wake of the horrible bombings in Brussels, Barack Obama is insisting that there is no need to change our approach in the fight against ISIS.  He believes that Islamic terror is not a fundamental threat to our way of life, and he wants all of us to be convinced that the way that he is handling ISIS right now is just fine.  Well, in this article you are going to learn some very shocking things about Obama and ISIS that are likely to make you very angry.  It turns out that our allies Saudi Arabia and Turkey have been arming, funding and aiding ISIS and other radical jihadist groups such as the al-Nusra Front (al-Qaeda in Syria), and Obama has known about it all along.  The goal was to take down the Assad regime in Syria, and the American people were never supposed to find out the truth. (Read More...)

7 Strange Questions About The Brussels Terror Attacks That The Mainstream Media Is Not Asking

Brussels Airport - video captureThe horrific terror attacks in Brussels, Belgium on March 22, 2016 are going to reverberate in our memories for years to come, and perhaps that was the intention.  Terror attacks are designed to create fear and to get attention, and these attacks have definitely done both.  On Tuesday morning, two huge explosions ripped through Zaventem Airport in Brussels as travelers were getting ready to board their morning flights.  You can view some raw footage of one of the bomb blasts right here.  Just a short while later, another huge explosion was reported at a metro station just yards away from the European Commission headquarters.  At this point, CNN says that at least 30 people have died and about 230 people are wounded as a result of these bombings.  But what was the real motive for these attacks?  The following are 7 strange questions about the Brussels terror attacks that the mainstream media is not asking… (Read More...)

Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People

Helicopters 2 - Public DomainShould central banks create money out of thin air and give it directly to governments and average citizens?  If you can believe it, this is now under serious consideration.  Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before.  But despite these unprecedented measures, the global economy is still deeply struggling.  This is particularly true in Japan, in South America, and in Europe.  In fact, there are 16 countries in Europe that are experiencing deflation right now.  In a desperate attempt to spur economic activity, central banks in Europe and in Japan are playing around with negative interest rates, and so far they seem to only have had a limited effect. (Read More...)

Why Investing In Silver Is Vastly Superior To Investing In Gold Right Now

Silver Coins - Public DomainWhen panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price.  We witnessed this during the last financial crisis, and it is starting to happen again.  Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold and silver when I do interviews.  In fact, just a few days ago I was sitting right next to Jim Rickards during the taping of a television show when this topic came up.  Jim expressed his belief that investing in gold is superior to investing in silver, but I had the exact opposite viewpoint.  In this article, I would like to elaborate on why I believe that silver represents a historic investment opportunity right now. (Read More...)

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