Are you prepared to go without turkey this Thanksgiving? Yes, it might actually get that bad. So far, the worst outbreak of bird flu in U.S. history has claimed the lives of more than 20 million turkeys and chickens, and the pandemic continues to rage wildly out of control. Once one bird becomes infected, this particular strain of the virus is so virulent that it can virtually wipe out an entire flock in just a matter of days. At this point, scientists think that this virus is being spread by wild birds, but they have no idea how it is getting inside barns and other enclosed facilities so easily. Considering how important turkey, chicken and eggs are to our food supply, it is quite alarming that scientists don’t really understand what is going on. If this bird flu outbreak is not brought under control, how many birds will eventually die? Right now, it is already in the tens of millions. Could the total eventually reach into the hundreds of millions? (Read More...)
Ultra-Secrecy Surrounds Barack Obama’s New Global Economic Treaty
Barack Obama is secretly negotiating a global economic treaty which would destroy thousands of American businesses and millions of good paying American jobs. In other words, it would be the final nail in the coffin for America’s economic infrastructure. Obama knows that if the American people actually knew what was in this treaty that they would be screaming mad, so the negotiations are being done in secret. The only people that are allowed to look at the treaty are members of Congress, and even they are being banned from saying anything to the public. American workers are about to be brutally stabbed in the back, and thanks to all of this secrecy and paranoia they won’t even see it coming. (Read More...)
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, recently confessed that he has a sense that the 35 year bull market in bonds is “ending” and he admitted that he is feeling “great unrest”. Nobel Prize–winning economist Robert Shiller has added a new chapter to his bestselling book in which he argues that bond prices are “irrationally high”. The global bond bubble has ballooned to more than 76 trillion dollars, and interest rates have never been lower in modern history. In fact, 25 percent of all government bonds in Europe actually have a negative rate of return at this point. There is literally nowhere for the bond market to go except for the other direction, and when this bull market turns into a bear it will create chaos and financial devastation all over the planet. (Read More...)
96 Percent Of Americans Expect More Civil Unrest In U.S. Cities This Summer
Are you ready for rioting, looting and mindless violence in major U.S. cities all summer long? According to a brand new Wall Street Journal/NBC News poll, 96 percent of all Americans believe that there will be more civil unrest in America this summer. That leaves only 4 percent of people that believe that everything will be just fine. In this day and age, it is virtually impossible to get 96 percent of Americans to agree on anything. So the fact that just about everyone agrees that we are going to see more civil unrest should really tell you something. The anger that has been building under the surface for so many years in this country has finally started to erupt. If you have been following my website for a while, you know that this is something that I have been warning about for a very long time. Many people may have thought that I was exaggerating when I talked about the civil unrest that was coming to American cities. But I was not exaggerating at all. In fact, if anything I was downplaying it. In the years to come, we are going to see things happen in our cities that are going to absolutely shock the world. (Read More...)
Major U.S. Retailers Are Closing More Than 6,000 Stores
If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way. And since I started The Economic Collapse Blog at the end of 2009, I have never seen as many indications that we are headed into another major economic downturn as I do right now. If retailers are closing this many stores already, what are our malls and shopping centers going to look like a few years from now? (Read More...)
It’s Official: Police Were Ordered To Stand Down And Let The Baltimore Riots Rage Out Of Control
We now have official confirmation that the rioting in Baltimore on Monday was purposely allowed to spiral out of control. Up until now, there had been some unconfirmed reports that police in Baltimore had been ordered to “stand down” during the riots, but nobody had been willing to come forward and go on the record. Now that has all changed. Michael Lewis is the Sheriff of Wicomico County, Maryland and what he has to say is absolutely jaw dropping. When he saw what was happening in Baltimore, he gathered up some of his fellow officers and drove down to the city to help. But when he got there, he says that all of the police were being ordered not to take any action and to let the rioters destroy property. Lewis made this astounding claim during a discussion on a Baltimore radio station… (Read More...)
16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here
If U.S. economic growth falls any lower, we are officially going to be in recession territory. On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015. That was much lower than all of the “experts” were projecting. And of course there are all sorts of questions whether the GDP numbers the government feeds us are legitimate anyway. According to John Williams of shadowstats.com, if honest numbers were used they would show that U.S. GDP growth has been continuously negative since 2005. But even if we consider the number that the government has given us to be the “real” number, it still shows that the U.S. economy has stalled out. It is almost as if we have hit a “turning point”, and there are many out there (including myself) that believe that the next major economic downturn is dead ahead. As you will see in this article, a whole bunch of things are happening right now that we would expect to see if a recession was beginning. The following are 16 signs that the economy has stalled out and the next economic downturn is here… (Read More...)
12 Unanswered Questions About The Baltimore Riots That They Don’t Want Us To Ask
Why did the Baltimore riots seem like they were perfectly staged to be a television event? Images of police vehicles burning made for great television all over the planet, but why were there abandoned police vehicles sitting right in the middle of the riot zones without any police officers around them in the first place? Why was the decision made ahead of time to set a curfew for Tuesday night and not for Monday night? And why are Baltimore police officers claiming that they were ordered to “stand down” and not intervene as dozens of shops, businesses and homes went up in flames? Yes, the anger over the death of Freddie Gray is very real. Police brutality has been a major problem in Baltimore and much of the rest of the nation for many years. But could it be possible that the anger that the people of Baltimore are feeling is being channeled and manipulated for other purposes? The following are 12 unanswered questions about the Baltimore riots that they don’t want us to ask… (Read More...)