4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again

Hourglass - Public DomainSo many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes.  Most of the time, a stock market crash doesn’t just come out of nowhere.  Normally there are specific leading indicators that we can look for that will tell us if major trouble is on the horizon.  One of these leading indicators is the junk bond market.  Right now, a closely watched high yield bond ETF known as JNK is sitting at 35.77.  If it falls below 35, that will be a major red flag, and it will be the first time that it has done so since 2009.  As you can see from this chart, JNK started crashing in June and July of 2008 – well before equities started crashing later that year.  A crash in junk bonds almost always precedes a major crash in stocks, and so this is something that I am watching carefully. (Read More...)

Ted Koppel Is Buying Freeze-Dried Food For The Day When A Cyberattack Takes Out The Power Grid

Central Park - Public DomainMost Americans have absolutely no idea how incredibly vulnerable our electrical grid is, but Ted Koppel does.  For many years, Koppel was the level-headed host of Nightline on ABC, but now he is issuing a very chilling warning to America.  For more than a year, he investigated potential threats to our power grid, and he has detailed what he discovered in a new book entitled “Lights Out“.  He is convinced that a massive cyberattack could take down our entire electrical grid for an extended period of time, and he was horrified to learn that the Department of Homeland Security really doesn’t have a plan for how to deal with this kind of a scenario. (Read More...)

We Have Never Seen Global Trade Collapse This Dramatically Outside Of A Major Recession

Globe Interconnected - Public DomainIf you have been watching for the next major global economic downturn, you can now stop waiting, because it has officially arrived.  Never before in history has global trade collapsed this dramatically outside of a major worldwide recession.  And this makes perfect sense – when global economic activity is increasing there is more demand for goods and services around the world, and when global economic activity is decreasing there is less demand for goods and services around the world.  So far this year, global trade is down about 8.4 percent, and over the past 30 days the Baltic Dry Index has been absolutely plummeting.  A month ago it was sitting at a reading of 809, but now it has fallen all the way to 628.  However, it is when you look at the trade numbers for specific countries that the numbers become particularly startling. (Read More...)

Violent Shaking Along The Ring Of Fire Continues A Progression Of Disasters That Began In September

The Ring Of Fire - Photo from WikipediaHave you noticed that seismic activity along the Ring of Fire appears to be dramatically increasing?  According to Volcano Discovery, 39 volcanoes around the world have recently erupted, and 32 of them are associated with the Ring of Fire.  This includes Mt. Popocatepetl which sits only about 50 miles away from Mexico City’s 18 million inhabitants.  If you are not familiar with the Ring of Fire, it is an area roughly shaped like a horseshoe that runs along the outer perimeter of the Pacific Ocean.  Approximately 90 percent of all earthquakes and approximately 75 percent of all volcanic eruptions occur along the Ring of Fire.  Just within the last 24 hours, we have witnessed a 4.4, a 5.4 and a 5.7 earthquake in Alaska, a 6.8 earthquake in Chile and 20 earthquakes in Indonesia of at least magnitude 4.3.  And as you will see below, this violent shaking along the Ring of Fire seems to continue a progression of major disasters that began back during the month of September. (Read More...)

Former Reagan Administration Official Warns That Financial Disaster Is Dead Ahead

Disaster - Public DomainWhy won’t the American people listen to the warnings?  David Stockman was a member of the U.S. House of Representatives from 1977 to 1981, and he served as the Director of the Office of Management and Budget under President Ronald Reagan from 1981 to 1985.  These days, he is running a website called “Contra Corner” which I highly recommend that you check out.  Stockman believes that a global “debt super-cycle” that has been building for decades is now bursting, and he is convinced that the consequences for the U.S. and for the rest of the planet will be absolutely catastrophic.  His findings are very consistent with what I have been writing about on The Economic Collapse Blog, and if Stockman is correct the times ahead of us are going to be exceedingly painful. (Read More...)

21 Facts About The Explosive Growth Of Poverty In America That Will Blow Your Mind

Poverty In America - Public DomainWhat you are about to see is more evidence that the growth of poverty in the United States is wildly out of control.  It turns out that there is a tremendous amount of suffering in “the wealthiest nation on the planet”, and it is getting worse with each passing year.  During this election season, politicians of all stripes are running around telling all of us how great we are, but is that really true?  As you will see below, poverty is reaching unprecedented levels in this country, and the middle class is steadily dying.  There aren’t enough good jobs to go around, dependence on the government has never been greater, and it is our children that are being hit the hardest.  If we have this many people living on the edge of despair now, while times are “good”, what are things going to look like when our economy really starts falling apart?  The following are 21 facts about the explosive growth of poverty in America that will blow your mind… (Read More...)

The UN Plans To Implement Universal Biometric Identification For All Of Humanity By 2030

Head Wireframe Graphics - Public DomainDid you know that the United Nations intends to have biometric identification cards in the hands of every single man, woman and child on the entire planet by the year 2030?  And did you know that a central database in Geneva, Switzerland will be collecting data from many of these cards?  Previously, I have written about the 17 new “Global Goals” that the UN launched at the end of September.  Even after writing several articles about these new Global Goals, I still don’t think that most of my readers really grasp how insidious they actually are.  This new agenda truly is a template for a “New World Order”, and if you dig into the sub-points for these new Global Goals you find some very alarming things. (Read More...)

The U.S. Government Is Spending 400,000 Dollars On A Single Helmet

What - Public DomainWould you pay $400,000 for a single helmet?  Of course you wouldn’t – but that is precisely what the U.S. government is doing.  Just the helmet for the pilot of the new F-35 Lightning II is going to cost taxpayers nearly half a million dollars.  And since we are going to need 2,400 of those helmets, the total bill is going to end up approaching a billion dollars.  But what is a billion dollars between friends, eh? (Read More...)

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