Russia’s New ‘Nuclear Torpedo’ Can Create Giant Tsunamis And Wipe Out Entire Coastal Cities

Nuclear Explosion - Public DomainWhile the eyes of the world are on ISIS, Russia is creating weapons unlike anything the world has ever seen before.  Plans for a giant self-propelled nuclear torpedo that can create a giant tsunami more than 1,000 feet tall were recently “leaked by mistake” by the Russian media.  Apparently the warheads on these torpedos are designed to create so much radiation “that everything living will be killed” – including those that try to survive the attack by hiding in underground shelters.  These “robotic mini-submarines” would have a range of up to 10,000 kilometers and would be able to evade all existing U.S. detection systems.  To say that such a weapon would be a “game changer” would be a massive understatement. (Read More...)

Widespread Terrorism Is Just Part Of The Perfect Storm That Is Now Descending On The Western World

Perfect Storm - Public DomainWords cannot adequately describe the utter horror that was unleashed on the streets of Paris, France on Friday.  CNN is calling it “the worst violence witnessed in France since World War II“, and even though it happened a couple of days ago now, many of us are still having a really tough time processing what took place.  Somehow, a small group of less than 10 radical Islamists was able to unleash a coordinated wave of attacks that killed at least 129 people and injured at least 350.  All of this comes less than a year after the Charlie Hebdo massacre in Paris, and many in the western world are now starting to understand that something has fundamentally changed.  Even though France has a highly advanced anti-terrorism infrastructure, and even though it also has some of the strictest anti-gun laws in Europe, none of that did anything to prevent these attacks.  Despite all of our advanced technology, the openness of our society makes us highly vulnerable to Islamic terror.  And as more waves of refugees from the Middle East are absorbed by both Europe and the United States, it is inevitable that there will be more attacks like this. (Read More...)

The Bitter, Crushing Poverty Of Appalachia Is A Preview Of What Is Coming To The Rest Of The Country

Appalachia - Photo from the Appalachian Regional CommissionWhat do you say to people that have completely lost all hope that things will ever get any better?  The mountains of Appalachia stretch all the way from southern New York to northern Mississippi, and nestled within those mountains are dozens upon dozens of little towns that are so impoverished that they look like they have been through a war.  Thanks to Barack Obama’s relentless assault on the coal industry and the ongoing collapse of our industrial infrastructure, Appalachia has lost millions of good paying jobs over the past several decades.  Today, more than 40 percent of the population is living in poverty in some areas of eastern Kentucky, and addiction to “hillbilly heroin” (Oxycontin) is absolutely out of control throughout the region.  Yes, poverty is on the rise all over America, but it has especially been cruel to those that make the mountains of Appalachia their home. (Read More...)

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...)

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