Record-high temperatures in the Pacific Northwest and other parts of the West Coast along with prolonged drought in those areas and the Upper Midwest are stressing crops and livestock and raising concerns about irrigation supplies as conditions persist.

The US Drought Monitor as of July 13 showed 100% of all states west of the Rocky Mountains and most of the Upper Midwest region in some level of drought. California, Oregon, Arizona, Idaho, Utah and North Dakota were nearly 100% severe drought or worse (with extreme and exceptional the most severe). Washington, Montana, South Dakota, Minnesota, New Mexico, most of Wyoming and western Colorado all were in moderate or worse drought.

2020 was a bad year, but at this time last year only about 20 percent of the West was experiencing “severe drought”.

Today, that number is up to 80 percent…

Nearly 80% of the West, including North and South Dakota, is in severe drought. That percentage is even more staggering when compared to the 20% of the region that fell into the severe drought range this time last year.

Let that number sink in for a moment.

This is a historic disaster of epic proportions, and it is starting to have a dramatic impact on agricultural production.

For example, the amount of spring wheat is projected to be 41 percent below the level that we witnessed in 2020…

The USDA’s initial spring wheat other than durum production forecast for 2021 was 344,575,000 bus, down 41% from 2020 and the lowest since 205,460,000 bus in 1988. Average yield was forecast at 30.7 bus an acre, down 37% from 2020 and the lowest since 2002. Although 2021 spring wheat planted area was down 5.5% from 2020, harvested area was down 7%, suggesting a larger number of abandoned acres.

Other crops are being hit even harder.

According to Bloomberg, the U.S. oat crop will be the smallest that we have seen since records began in 1866.

That isn’t a typo, and I didn’t mean to say “1966”.

For thousands upon thousands of U.S. farmers, 2021 is going to be an absolutely disastrous year with very little production at all.  At one farm in Minnesota, the owner is estimating that he “will not be able to harvest hardly anything” from the 2,500 acres of corn that he planted…

At Schiefelbein Farms, the hayfield should be knee-high by this time of year. Instead, it’s sparse and barely ankle-high.

Schiefelbein estimates they have about 75% less hay this year. Out of their 2,500 acres of corn, they will not be able to harvest hardly anything.

So what are we going to do if there is not enough food to go around?

You might want to start thinking about that.

Up in Canada, farmers are saying that the unprecedented “heat dome” that we just witnessed literally “cooked” a lot of the fruit while it was still on the branches…

Fruit growers in the province of British Columbia (BC) said the heatwave reportedly “cooked” fruits while still on the branch. BC Fruit Growers Association (BCFGA) President and orchardist Pinder Dhaliwal told the Canadian Broadcasting Corporation: “It seems like somebody took a blowtorch to [the fruit] and just singed it.” He described the cherries affected by the heatwave: They became brown in color, with burnt leaves and dry stems.

According to Dhaliwal, 50 to 70 percent of cherry crops were damaged in the heatwave. He added that apples, apricots and other stone fruits also reported damage – albeit to a lesser degree. “The overall financial impact is going to be great on the farmers,” Dhaliwal said.

But the corporate media is telling us that everything is going to be just wonderful, and so we should probably just stick our heads in the sand and ignore this sort of thing.

Personally, I don’t understand why the federal government is not taking action.  As global weather patterns go completely nuts, other national governments are starting to step up to the plate.  For example, just check out what has been happening in Dubai…

As mother nature hasn’t helped till now, Dubai has come up with its very own way to create rain as it grapples with a 50C heatwave.

The city in the United Arab Emirates (UAE) has come up with drone technology that “shocks” clouds into producing rain.

It is part of multi-million efforts to tackle the blistering weather and bring up the meagre average of just four inches of rainfall a year in the Middle Eastern country.

We have similar technology.

So why aren’t we using it?

Somebody needs to ask the Biden administration that question.

As it stands, we are heading into a real nightmare.  Food prices have already been getting very painful, and a billionaire that is in the food business just told Fox Business that he is expecting “10% to 14% food inflation by October”…

Businessman John Catsimatidis expects 10% to 14% food inflation by October.

Catsimatidis — the owner and CEO of Manhattan-based grocery chain Gristedes Foods — told Fox Business that Americans can expect higher prices for basic expenses in the coming months.

“We’re both in the food business, and we’re in the oil business. Food prices are getting higher, and we expect even more increases by October,” he said. “We’re seeing anywhere from 10% to 14% by October 1. It’s a real number.”

I think that he is right on the money, but this is just the beginning.  There will be much more pain in 2022 and beyond.

Food prices are never going to be lower than they are right now, and so if you can afford to stock up I would strongly recommend doing so.

Scientists are assuring us that we are in a multi-year “megadrought”, and they are telling us that there is no end in sight at this point.

This is an absolutely huge story, and unfortunately we are still only in the very early chapters.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Apocalyptic Drought In The Western U.S. Is Causing Widespread Crop Failures On A Massive Scale appeared first on The Economic Collapse.

On Monday, an absolutely massive “derecho” roared through the Midwest.  According to USA Today, the storm had winds of up to 112 miles per hour…

The storm had winds of up to 112 mph near Cedar Rapids, Iowa – as powerful as an inland hurricane – as it tore from eastern Nebraska across Iowa and parts of Wisconsin, Indiana and Illinois, including Chicago and its suburbs.

Most hurricanes don’t have winds that high once they finally reach shore, and I have personally never experienced wind speeds of such magnitude.

Needless to say, this very unusual storm caused immense devastation.  According to Iowa Governor Kim Reynolds, approximately 10 million acres of crops were destroyed in Iowa alone…

Early estimates say the derecho flattened at least one-third of Iowa’s crops – about 10 million acres, according to Iowa Gov. Kim Reynolds. In addition, tens of millions of bushels of grain that were stored at co-ops and on farms were damaged or destroyed as bins blew away.

And it rocked Marshalltown, Iowa, where an EF-3 tornado destroyed the town’s business district just two years ago. With winds of 99 mph, Monday’s storm damaged some businesses that had recently recovered, even damaging the scaffolding being used to repair the historic courthouse dome.

I can’t remember a storm ever causing this much damage in the middle of the summer.

If about 10 million acres were flattened just in Iowa, how many more acres did this storm destroy in Nebraska, Wisconsin, Indiana and Illinois?

Sadly, this one storm is going to completely financially ruin some farmers.  For example, Iowa farmer Tim Bardole is facing losses that could potentially exceed one million dollars…

Corn that used to stand upright on Bardole’s farm is now laying on its side. Some stalks snapped off, others ripped out of the ground at the roots.

Bardole estimated he’ll be out $200 an acre, which is $500,000 total.

Worst-case scenario, that could go up to $500 per acre. That would equate to $1.25 million.

How would you feel if you lost a million dollars because of one storm?

Further south, many farmers along the southern Mississippi Delta have already had their growing seasons wiped out by historic flooding for the second year in a row…

The southern Mississippi Delta is home to some of the most fertile farmland in the United States.

But not a single crop of soybeans, cotton, corn, or rice has been planted at many farms in the region — one of the poorest in the country.

This wasn’t supposed to happen.

The flooding of 2019 was a complete and utter nightmare, and this was the year when the recovery was supposed to begin.  But instead, “hundreds of thousands of acres” are currently entirely buried by water…

For the second year in a row, widespread flooding has left hundreds of thousands of acres of farmland underwater, ruining entire harvests. And now, with their fields submerged, farmers are bracing for another year of no income.

Meanwhile, countless other farmers are having their growing seasons ruined by a crippling drought.

I know that many of you are reading this article and are thinking that what I am saying sounds contradictory.

After all, how can there be severe flooding and severe drought at the same time?

I know that this sounds very strange, but it is actually happening.  We are witnessing severe flooding right along the Mississippi River, and at the same time historic drought conditions are creating massive problems across much of the western half of the nation.

In fact, we are being told that drought conditions in some areas have already become the worst “in almost a decade”…

Drought conditions throughout the country are reaching their worst levels in almost a decade.

This summer, drought has hit large portions of the United States, especially slamming key pasture and ranges for ranchers. But crops are also seeing downward trends in quality thanks to the hot, dry weather.

Things are particularly bad in the Southwest, and this is making life very difficult for many ranchers…

The worst-hit section of the country, with the highest levels of drought, are in cattle country: West Texas, New Mexico, Oklahoma, Colorado, and Kansas. That’s led to really damaged, dry topsoil and grazing land, which could force ranchers to invest in other feeding options for livestock. Only 36 percent of the country’s pasture and range land is rated good or excellent; 30 percent is rated poor or very poor, reports FarmFutures.

If you look at the latest U.S. Drought Monitor map, you will see that the drought is the worst in the areas where the original “Dust Bowl” developed back in the 1930s.  Those that follow my work regularly know that I have been warning about a return of “the Dust Bowl” for many years, and now it is starting to happen.

2020 seems to be a year when the bad news never ends.  First we were hit by the worst public health crisis in 100 years, then the U.S. economy collapsed, then massive riots erupted in our major cities, and now farms are being absolutely devastated all across the United States.

All throughout 2019 I warned that a “perfect storm” was coming, and what we have experienced so far is just the leading edge of that storm.

So I would encourage you to use the relative tranquility of the month of August to get prepared for what is ahead, because the month of September is almost here, and the presidential election is right around the corner.

***It is finally here! Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.com.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  By purchasing the book you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Millions Of Acres Of Crops In The Central U.S. Have Been Destroyed By A Series Of Historic Natural Disasters appeared first on The Economic Collapse.

At one time, South Dakota farmers Chris and Amber Dykshorn looked toward the future with great optimism.  But mounting debts and several years of disastrous weather changed all that, and in June their community was shocked when Chris took his own life…

Amber Dykshorn stood at her kitchen window and watched the storm come in.

It was a very dark Saturday night in the middle of the summer in the middle of a year that is on track to be the wettest in more than a century. The wind blew over the farm, the rain came down and she heard the ominous pings on her roof – pea-sized hail, striking the still-fragile stalks of the only corn her husband, Chris Dykshorn, was able to plant before he took his own life in June.

Chris had lost all hope.

The couple was absolutely drowning in debt, and they desperately needed a good year just to keep the farm going.

But then the rain just kept on coming, and now Amber has to deal with three young kids and $300,000 in farm debt all by herself…

Did their crop insurance cover hail damage? She had no idea. That was something Chris would have taken care of, if he were here. Instead she was alone, with nearly $300,000 in farm debt, three kids ages 5 to 13 and a host of grief-fueled questions. Why hadn’t she been able to save him? What would happen to them now?

Sadly, the Dykshorns are not an isolated case.

All across the Midwest, farms are going under at a staggering rate.  According to the vice president of the National Farmers Union, the state of Wisconsin is “losing two farms a day” at this point…

“You look at the weather, you look at the crops you can’t get off the field, you look at the bills you can’t pay,” Patty Edelburg, vice president of the National Farmers Union, told Yahoo Finance. “Bankruptcies are up. Wisconsin is attributed as the No. 1 bankruptcy in the nation right now, when it comes to dairy farmers. That number is up, I think, 24% from last year already. We’re losing two farms a day.”

If you can believe it, the state of Wisconsin “lost almost 1,200 dairy farms” between 2016 and 2018.

Overall, the number of dairy farms in the state has fallen by 49 percent during the last 15 years.

Just think about that.

Half of all the dairy farms in our most important dairy producing state are completely gone.

And instead of tapering off, this “farm apocalypse” just continues to pick up speed.  Sadly, the bankers are contributing to this crisis in a major way by denying loans to many of these troubled farmers…

“Farming is such a stressful occupation by itself,” Edelburg said. “When you start adding financial stress on top of it, it’s just going to add more stress. Farmers can’t pay their bills, they have no extra money, they have people honing down their neck looking to pay bills. They’re going to banks and they can’t get loans. They’re literally being denied loans.”

When you are already drowning in debt and your crops are failing and the banks won’t give you any more money, it can seem like there is no way out.

This is the position that Chris Dykshorn found himself in, and we can get an idea of what his emotional state was like just before he committed suicide from the final texts that he sent to his wife…

“I’m struggling so bad today. I don’t know what to do anymore,” he texted on May 31. “I seriously don’t know how we r gonna make it.”

On June 1: “I just want to sit in the house and cry.”

And then: “What am I supposed to do. I am failing and feel like I’m gonna lose everything I’ve worked for the past how many years.”

As I have stressed over and over, suicide is never the answer.  But when someone loses all hope that there will ever be an opportunity to turn things around, it can be very difficult to keep going.

Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve.  The unelected Fed has been pumping billions upon billions of dollars into the financial markets, and this has resulted in a higher concentration of wealth among the top one percent than ever before.  The following comes from Bloomberg…

The top 1% of American households have enjoyed huge returns in the stock market in the past decade, to the point that they now control more than half of the equity in U.S. public and private companies, according to data from the Federal Reserve. Those fat portfolios have America’s elite gobbling up an ever-bigger piece of the pie.

The very richest had assets of about $35.4 trillion in the second quarter, or just shy of the $36.9 trillion held by the tens of millions of people who make up the 50th percentile to the 90th percentile of Americans — much of the middle and upper-middle classes.

In essence, Wall Street is being showered by “welfare money” from the Federal Reserve, and nobody is holding the Fed accountable.

At the same time, tens of millions of American families are working low paying jobs and are just barely getting by from month to month.  The following comes from Zero Hedge…

For instance, a new report sheds light on 53 million Americans, or about 44% of all US workers, aged 18 to 64, are considered low-wage and low-skilled.

Many of these folks are stuck in the gig economy, making approximately $10.22 per hour, and they bring home less than $20,000 per year, according to a Brookings Institution report.

Today, half of all American workers make less than $33,000 a year.  As the cost of living continues to rise much faster than wages do, hard working Americans are increasingly turning to debt in order to make ends meet, and during the next recession many families will not be able to service those debts.

All over the nation, we are watching a tragedy play out in slow motion.

America’s heartland is being gutted, and the “next recession” hasn’t even officially started yet.  But soon enough it will, and the deep depression that we are already witnessing in many parts of the middle of the country will get a lot worse.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I have written four books that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.

The post For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now appeared first on The Economic Collapse.

When the Chinese announced that they were going to completely stop buying U.S. agricultural products, it sent shockwaves across the middle portion of the country.  According to the executive vice president of the American Farm Bureau, our farmers and ranchers will now be facing “just a really tough, tough time”…

“This is a body blow to farmers and ranchers all across the country,” Dale Moore, executive vice president of the American Farm Bureau, told FOX Business. “That’s one of the things that we are feeling the effects of, and this is on top of a year when mother nature has been a terrible business partner in many parts of the country. It’s just a really tough, tough time for farmers and ranchers in this country.”

Shares of industrial, farming, oil and transportation companies have plummeted, a direct result of the increased tensions between the world’s two largest economies.

Of course President Trump is trying to be upbeat and he is promising that the Chinese will not be able to hurt our farmers, but the truth is that they already have.

Chinese imports of U.S. agricultural products fell by more than half from 2017 to 2018, and now they are going to zero.  The following comes from Fox Business…

Despite Trump’s tweet, American farmers now stand to lose all of what was a $9.1 billion market in 2018, which was down sharply from the $19.5 billion U.S. farmers exported to China in 2017.

Unfortunately for U.S. farmers, they are caught right in the middle of a tug of war between the Chinese government and President Trump, and China specifically went after U.S. farmers in order to hurt Trump politically…

China’s new agricultural ban has an additional benefit to the Chinese of maximizing negative political impact to Trump.

Important presidential election swing states in the Midwest grain belt such as Iowa and Wisconsin were vital to his 2016 election victory. Cutting this particular area of bilateral trade at a time when American farmers are recovering from the after-effects of this year’s floods is a potent way for Beijing to punch back against President Trump’s new tariffs.

If the presidential election was held this November, it would be really difficult for Trump to win in Iowa in Wisconsin.  Of course much can change between now and November 2020, but right now Trump is definitely losing support in the middle of the country.

Speaking of Wisconsin, it just happens to be one of the states that currently has the highest number of farm bankruptcy filings…

Since last June, there have been a staggering 535 Chapter 12 bankruptcy filings, a 13 percent increase. Kansas, Minnesota and Wisconsin had the highest number of filings.

As a result, Congress passed the Family Farmer Relief Act to update the eligibility requirements for Chapter 12 bankruptcy, raising the debt limit from $4.1 million to $10 million — giving more farmers the chance to declare bankruptcy, thereby offering their producers and creditors a better chance to recognize and avoid mass liquidation.

President Trump will try to keep as many farms going as possible with his massive aid packages, but the truth is that even with those aid packages it is inevitable that farm bankruptcies will continue to surge.

In fact, they are already at the highest level that we have seen since the last recession.

What U.S. farmers really need is an end to the trade war and for the Chinese to start buying from them again.

Sadly, that is just not going to happen.  At this point, even Goldman Sachs is admitting that there will not be a trade deal with China before the 2020 presidential election…

Analysts at Goldman Sachs no longer think the U.S. and China will manage to negotiate a trade deal ahead of the 2020 presidential election — which is more than 15 months away.

“We had expected a final round of tariffs targeting remaining Chinese imports at a 10 percent rate,” the analysts, led by chief U.S. economist Jan Hatzius, wrote in a note to clients. “But news since President Trump’s tariff announcement last Thursday indicates that U.S. and Chinese policymakers are taking a harder line, and we no longer expect a trade deal before the 2020 election.”

This means that things will continue to go from bad to worse for U.S. farmers, and this will take a major toll on the U.S. economy as a whole.

We have entered the time of “the perfect storm”, and things are definitely not going to get any easier in the months ahead.

I wish that I had better news for you, but I don’t.  Global events are starting to greatly accelerate, and so many of the things that we have been warned about are starting to happen right in front of our eyes.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post “Worst Year Ever”: The Chinese Ban On U.S. Agricultural Products Will Be A Death Blow For Countless U.S. Farms appeared first on The Economic Collapse.

The other day, Illinois farmer James McCune gathered a large number of his fellow corn farmers for a “Prevent Plant Party”, and the mainstream media showed up to cover it.  The following is from CNBC’s coverage of the event…

James McCune, a farmer from Mineral, Illinois, was unable to plant 85% of his intended corn acres and wanted to commiserate with his fellow farmers by hosting the “Prevent Plant Party” at The Happy Spot. He invited them to swap stories while tucking in to fried chicken and a keg of beer in Deer Grove, a village of about 50 people located 120 miles west of Chicago.

“Everybody’s so down in the dumps,” McCune said.

In addition, McCune told Fox Business that this year is “a disaster like I’ve never seen before”, and he said that some of his neighbors got even less corn planted than he did…

“It’s a disaster like I’ve never seen before,” McCune told FOX Business. “My neighbors didn’t get 90 percent of their corn planted.”

After non-stop rain plagued the region this spring – when corn farmers typically get seed in the ground – most have decided time is now too short and are choosing not to plant.

As bad as things are in Illinois right now, the truth is that some neighboring states are in even worse shape.

According to the latest Department of Agriculture report, 73 percent of the cornfields in Illinois have been planted, but in Indiana that figure is sitting at just 67 percent and in Ohio only 50 percent of the fields have been planted.

50 percent.

That is an unmitigated disaster, because the time for planting corn has now passed.

Needless to say, the farmers that were not able to plant crops have been absolutely flooding their insurance companies with claims.  Just check out this quote…

“We get pockets of claims every year,” said Luke Sandrock of the Cornerstone Agency insurance company. “We have 1-2 percent of our clients (who typically file). This year, it’s over 90 percent, and so we’ve just never dealt with it on this size of a scale before.”

But it is imperative to remember that even if farmers were able to get their fields planted, that does not mean that everything is going to be okay.

In fact, corn farmers all over the Midwest are deeply distressed by what is emerging from the ground.  In his entire farming career, James McCune has never seen anything like this…

A smartphone could fit in the space between James McCune’s index finger and thumb as the Illinois farmer describes the height of crops stunted by incessant rain and unseasonably cool weather.

“Corn’s not supposed to be this tall” in mid-June, McCune, who can trace his family’s farm roots as far back as 1857, said. “It’s supposed to be this tall,” as he gestures just below his waist.

And farmer Rob Sharkey used the word “ugly” to describe the condition of the corn on his farm…

“We planted some stuff that was not pretty,” said corn farmer Rob Sharkey. “But I didn’t have a choice. We did not get conditions that were right for planting, so we went when we could. It’s ugly.”

We’ll see what happens, but right now we are facing an unprecedented nightmare in the heartland of America.

It is exceedingly difficult to grow corn in soil that is absolutely saturated with water.  Some farmers are saying that it is literally going to take “years” to recover from this disaster, and many will never be able to go back to farming again because they have been financially ruined.

Of course there are many farmers that are doing their very best to soldier on, but it is tough.  Illinois farmer Mike Thacker was able to get 60 percent of his fields planted, but at this point he is not happy with a single field…

Mike Thacker, a farmer in Walnut, Illinois, planted about 1,600 acres of corn, or 60% of what he planned. He is reluctant to plant more because yields typically decline the later a crop is planted.

Thacker said corn that has started emerging from the ground is shorter than normal. He was not happy with even one field.

“It makes you feel terrible,” Thacker said at the party.

But like I said earlier, if the weather is ideal between now and harvest time, 2019 will just be a terrible year.

However, a major heat wave this summer would be absolutely catastrophic, and if there is an early frost it “will turn this world upside down”…

Farmers think more cuts are likely as the late-planted crop could face damage from hot summer weather and an autumn frost.

“An early frost will turn this world upside down,” Rock Katschnig, a farmer from Prophetstown, Illinois, said at the party.

So much of the corn that has been planted is way, way behind schedule, and so many Midwest farmers will push things for as long as possible when we get to harvest time.

But an early snap of cold weather could ruin those plans.

In any event, in the short-term U.S. consumers are going to be facing significantly higher prices at the grocery store.  Beyond that, we could potentially be facing the sorts of scenarios that most people don’t like to think about.

For the moment, more rain continues to hammer the middle of the country.  In fact, there was more flash flooding in the Midwest on Saturday…

The combination of two different frontal boundaries caused severe weather and flash flooding in parts of the Plains and Midwest on Saturday. There were over 130 reports of severe weather, including 17 reported tornadoes and numerous reports of straight-line winds of 70 to 80 mph across parts of Texas and Oklahoma.

Sadly, even more “heavy rain” is on the way, and some areas could see over 4 inches of precipitation early in the week…

Heavy rain is expected through Tuesday from Texas to Pennsylvania, with locally over 4 inches of rain expected and flash flooding in spots — especially parts of hard-hit Oklahoma and Arkansas.

I have been repeatedly writing about this crisis for the last couple of months, and now the mainstream media is finally starting to grasp the true gravity of this disaster.

In all of U.S. history we have never witnessed anything like this ever before.  We have seen endless rain and catastrophic flooding month after month so far in 2019, and the middle of the country is still getting pummeled at this moment.

Nobody knows exactly what the weather will look like during the critical summer months, but I have a feeling that the end result of this crisis will be far worse than any of the “experts” were anticipating.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post “It’s A Disaster Like I’ve Never Seen Before”: 2019 Could Be The Worst Year EVER For U.S. Corn Farmers appeared first on The Economic Collapse.

Prior to seeing the headline to this article, how much U.S. farmland would you have guessed that foreigners now own?

Personally, I had no idea that foreigners now own nearly 30 million acres.  The following comes from NPR…

American soil.

Those are two words that are commonly used to stir up patriotic feelings. They are also words that can’t be be taken for granted, because today nearly 30 million acres of U.S. farmland are held by foreign investors. That number has doubled in the past two decades, which is raising alarm bells in farming communities.

How did we allow this to happen?

And actually laws regarding land ownership vary greatly from state to state.  Some states have placed strict restrictions on foreign land ownership, while in other states it is “a free-for-all”…

“Texas is kind of a free-for-all, so they don’t have a limit on how much land can be owned,” say’s Ohio Farm Bureau’s Ty Higgins, “You look at Iowa and they restrict it — no land in Iowa is owned by a foreign entity.”

Ohio, like Texas, also has no restrictions, and nearly half a million acres of prime farmland are held by foreign-owned entities. In the northwestern corner of the state, below Toledo, companies from the Netherlands alone have purchased 64,000 acres for wind farms.

But even in states where there are restrictions, foreign entities can get around that by simply buying large corporations that own land.

For example, when the Chinese purchased Smithfield Foods in 2013 they instantly gained control over 146,000 acres of prime farmland.  The following comes from Wikipedia…

Smithfield Foods, Inc., is a meat-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world.^[4] In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to grow Smithfield’s pigs.^[5] Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, and the United Kingdom.^[6] Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion.^[2] Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world’s largest, processing 32,000 pigs a day.^[7]

Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion, more than its market value.^[8][9] It was the largest Chinese acquisition of an American company to date.^[10] The acquisition of Smithfield’s 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland.^[a]

Of course this hasn’t happened by accident.

The communist Chinese government has actually made the purchase of foreign agricultural assets a top national priority in recent years, and this has been reflected in a series of key documents…

The strategy is reflected in encouragements to invest abroad by various documents and articles issued by Chinese leaders. For example, a series of annual “Number one documents” from China’s communist party authorities stating rural policy have contained increasingly specific strategies for investment. A general exhortation to invest in agriculture overseas, issued in 2007, was followed by an initial surge in overseas farming ventures. In 2010, authorities called for supportive policies to encourage investment abroad.

The 2014 document included a more specific mandate to create large grain-trading conglomerates, designed to give Chinese companies greater control over oilseed and grain imports. That was the same year COFCO acquired Nidera and Noble Agri, making COFCO one of the largest trading companies in the world based on value of assets. The 2015 document specifically called for policies to support facilities, equipment, and inputs for agricultural production in foreign countries. The 2017 document broadened the encouragement to include all types of agricultural conglomerates. The 2018 document repeated the general endorsement of overseas investment and instructions to create multinational grain-trading and agricultural conglomerates.

In the end, how much Chinese ownership of our farmland would we be comfortable with?

If they owned 20 percent of our farmland, would we be okay with that?

Well, what if that figure surged to 30 or 40 percent?

Would that still be okay?

We need to start asking these sorts of questions, because foreigners are buying up more of our farmland with each passing day, and this is a very real national security threat.

And after this absolutely disastrous year, thousands more U.S. farmers will be forced out of business and it is anticipated that more U.S. farmland will be up for sale than ever before.

I extensively discussed the problems that farmers in the middle of the country are currently having yesterday, and today I would like to share with you a portion of an email that a friend in Missouri just sent me…

I work for a farmer in West-Central Missouri who raises corn, soybeans, and cattle and to say it’s been a challenging Spring would be the understatement of the year!!! We managed to get some corn planted in April but it started to rain and rain and rain and we still have more corn to plant. My boss doesn’t like to plant corn after May 15 and here it is May 27 and we still are not done planting corn. With each late day that passes by the yield goes down so what do you do??? Do we start planting soybeans if or when it dries up even though the price of soybeans is at a record low or do we plant corn that has risen in price but will have a reduced yield??? From April 28 through today (May 27) we have had 10 inches of rain. One day we had 4.5 inches with roads and basements flooded. Last week we had rain 4 out of those 7 days!!! It’s raining again today as I write this!!! We need warm, sunshine, dry, windy days and we get mostly cool, cloudy, rainy days. Next Thursdays low is supposed to be 57!!! If the weather pattern doesn’t change I don’t see how we can ever get the soybeans planted and we have 1,300 acres to plant. There are large farmers in my area that don’t have anything planted.

This truly is a “perfect storm” for U.S. farmers, and many believe that what we have witnessed so far is just the beginning.

Farm bankruptcies are already at the highest level that we have seen since the last recession, and do we really want foreigners gobbling up even more of our farmland from farmers that are incredibly desperate to sell?

Our founders never intended for America to be for sale to the highest bidder, and hopefully more states will start passing laws that will make sure that U.S. farms stay in the hands of U.S. farmers.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners appeared first on The Economic Collapse.

You can view the latest USDA crop progress report right here.  According to that report, corn and soybean production is way behind expectations.

Last year, 78 percent of all corn acreage had been planted by now.  This year, that number is sitting at just 49 percent.

And the percentage of corn that has emerged from the ground is at a paltry 19 percent compared to 47 percent at this time last year.

We see similar numbers when we look at soybeans.

Last year, 53 percent of all soybean acreage had been planted by now.  This year, that number has fallen to 19 percent.

And the percentage of soybeans that have emerged from the ground is just 5 percent compared to 24 percent at this time last year.

In other words, we are going to have a whole lot less corn and soybeans this year.

Farmers in the middle of the country desperately need conditions to dry out for an extended period of time, but so far that has not happened.

In fact, last week the heartland was hit by yet another string of devastating storms.  The following comes from CNN…

Ten people are dead and a 4 year-old boy remains missing after more than a week of severe weather across the central US that put tens of millions of people at risk.

The deadly spring storm system ravaged several states, unleashing more than 170 reported tornadoes, fierce winds, drenching rain, flash flooding and hail.

One of the tornadoes that was spawned absolutely devastated the capital city of Missouri.  It was reportedly a mile wide, and it stayed on the ground for almost 20 miles…

A clearer picture emerged Friday of the size and scope of the powerful tornadoes that tore across Missouri on Wednesday night, leaving a trail of destruction in their paths. The state’s capital, Jefferson City, was among the hardest-hit places, struck overnight by a tornado with a peak wind speed of 160 mph that has been given preliminary rating of EF3.

The monstrous nighttime tornado that struck Jefferson City, a city with a population of about 42,000, was almost a mile wide and was on the ground for nearly 20 miles, toppling homes, ripping roofs off homes and business below.

What we are witnessing is definitely not “normal”, and I have had a number of readers write to me about this recently.  The other day one of my readers in Montana sent me a photograph of a freak May snowstorm that had just hit his area, and another one of my readers in Missouri explained that his boss is freaking out because they haven’t been able to get soybeans in the ground.  All over the country people want answers, and they are frustrated with the lack of information that they are getting from the mainstream media.

Unfortunately, the truth is that things are going to get worse.  Global weather patterns are dramatically shifting, and there is nothing that the authorities will be able to do to stop it from happening.

And it isn’t just in the United States where we are seeing widespread crop failures.  I would encourage you to check out my previous article entitled “Floods And Drought Devastate Crops All Over The Planet – Could A Global Food Crisis Be Coming?”  In that article I discussed the fact that Australia will actually be importing lots of wheat this year, but normally it is one of the largest exporters of wheat in the entire world.  As crops fail all over the globe, there will be a scramble for food, and the wealthy western nations have more money than anyone else.

Over in Asia, the biggest problem right now is African Swine Flu.  Earlier today, I came across a CNBC article which stated that “up to 200 million Chinese pigs” may have already been lost to this nightmarish disease…

A trade fight with the U.S. isn’t the only war China is fighting. African swine flu has decimated the pig population in China and sent pork prices soaring. As many as up to 200 million Chinese pigs have reportedly been lost due to the disease.

Now, Wall Street analysts are scrambling to assess the fallout from the fast spreading illness and how to invest around it.

The entire U.S. pork industry does not even produce 200 million pigs in an entire year.

So another way of looking at this is that the equivalent of what the entire U.S. pork industry produces in an entire year has just been wiped out.

And now African Swine Flu has spread to other countries such as Vietnam and Cambodia, and so this pandemic could soon become a true global cataclysm.

We have never seen so many massive threats hit the global food supply simultaneously, and if this article deeply alarms you that is a good thing.

A perfect storm is rapidly developing, and many expect global events to start accelerating dramatically.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post Crop Catastrophe In The Midwest – Latest USDA Crop Progress Report Indicates That A Nightmare Scenario Is Upon Us appeared first on The Economic Collapse.

Nobody can possibly claim that what we are witnessing is “normal”.  According to the the National Oceanic and Atmospheric Administration, the last year has been the “wettest 12-month period in recorded history” for the lower 48 states…

The continental United States just recorded its wettest 12-month period in recorded history, while also moving one step closer to being drought-free, according to the National Oceanic and Atmospheric Administration (NOAA).

Needless to say, all of this wet weather has caused a tremendous amount of flooding, and at this point this is the longest-lasting Mississippi River flood since 1927…

Mississippi River flooding has been ongoing for three months or longer in some locations, making it the longest-lasting flood there since the Great Flood of 1927, the worst flood in modern history on the lower Mississippi River.

Take Vicksburg, Mississippi, for example.

The Mississippi River went above flood stage there on Feb. 17, and has remained in flood ever since. The National Weather Service said this is the longest continuous stretch above flood stage since 1927 at Vicksburg.

And since there is no end in sight for the flooding, all of the old records may end up being broken by a very wide margin.

Very weird weather is happening out west too.  In fact, several feet of snow just fell in the mountains of California…

Parts of California still resemble a scene out of winter, with a series of storms bringing several feet of snow to mountain areas, ahead of a “significant” severe weather threat across the nation’s midsection.

The National Weather Service said that a series of Pacific storms are bringing heavy rain, mountain snow, and gusty winds across the West. A winter storm warning was issued Wednesday night that will run through Friday morning for the southern Sierra Nevada.

In every year there are moments of bad weather.  But that isn’t what we are talking about.  In 2019, it is as if we are being hit with a sledgehammer day after day after day.

Of course this has been absolutely disastrous for agricultural production.  At this point, U.S. farmers have planted less than half the corn that they were expected to plant by now.  For much more on this, please see my previous article entitled “Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66%”.

We like to think that we are not vulnerable to the vagaries of the weather thanks to all of our advanced technology, but that is not true at all.

And over the weekend, things got even worse.

Starting on Friday and Saturday, a string of immensely powerful storms devastated communities all over the Midwest…

A plethora of tornado reports began rolling in Friday in Nebraska and Kansas. On Saturday, almost a dozen were reported in Texas and Oklahoma. In Texas, the National Weather Service Abilene/San Angelo concluded that an EF2 tornado with winds of up to 135 mph damage homes in San Angelo.

Dru Lewis was hunkered down with his family as the storm battered his home.

“There was a suction … from under the door, I could feel it,” he said. “Then all the windows just exploded. It was just chaos from there until the storm died down.”

Then on Sunday, more huge storms produced literally dozens of tornadoes across the region…

Severe thunderstorms continued to rumble across parts of the U.S. Sunday, damaging buildings in Louisiana after spawning more than three dozen reports of tornadoes across five states.

Several homes and businesses were damaged and power lines and trees were down throughout Evangeline Parish, Louisiana, after severe thunderstorms and possible tornadoes moved through the area early Sunday morning. The town of Ville Platte, about 76 miles northwest of Baton Rouge, was especially hard hit.

Unfortunately, there is still more to come.  In fact, an entirely new weather system will hit the middle of the country on Monday…

On Monday, a new system will develop off the High Plains and slide east into the Southern Plains. The dry line will interact with an increasingly moist and unstable air mass that will develop across parts of Texas, Oklahoma and Kansas.

Unfortunately, that means very favorable conditions for violent severe weather in parts of this region.

We are being told that the storms on Monday could affect nearly 50 million people.

For a long time I have been warning that global weather patterns are dramatically changing, but at first a lot of people wanted to argue that it wasn’t true.

Well, these days the number of people that want to claim that I am wrong has gone way down.

Of course throughout all of human history weather patterns have always been changing, and so change isn’t something that is new.

But the changes that we are witnessing in our time appear to be taking an apocalyptic turn, and nobody is exactly sure what is going to happen next…

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post What Is Causing Extremely Bizarre Weather Patterns To Hammer The Middle Of The U.S. Over And Over Again? appeared first on The Economic Collapse.

According to the Department of Agriculture, over the past five years an average of 66 percent of all corn fields were already planted by now…

U.S. farmers seeded 30% of the U.S. 2019 corn crop by Sunday, the government said, lagging the five-year average of 66%. The soybean crop was 9% planted, behind the five-year average of 29%.

Soybean farmers have more time to recover, but they are facing a unique problem of their own which we will talk about later in the article.

But first, let’s take a look at the corn planting numbers from some of our most important corn producing states.  I think that you will agree that these numbers are almost too crazy to believe…

Iowa: 48 percent planted – 5 year average 76 percent

Minnesota: 21 percent planted – 5 year average 65 percent

North Dakota: 11 percent planted – 5 year average 43 percent

South Dakota: 4 percent planted – 5 year average 54 percent

Yes, you read those numbers correctly.

Can you imagine what this is going to do to food prices?

Many farmers are extremely eager to plant crops, but the wet conditions have made it impossible.  The following comes from ABC 7 Chicago…

McNeill grows corn and soybeans on more than 500 acres in Grayslake. But much of his farmland is underwater right now, and all of it is too wet to plant. Rain is a farmer’s friend in the summer but in the spring too much rain keeps farmers from planting.

The unusually wet spring has affected farmers throughout the Midwest, but Illinois has been especially hard hit. Experts say with the soil so wet, heavy and cold, it takes the air out and washes nutrients away, making it difficult if not impossible for seeds to take root.

Right now, soil moisture levels in the state of Illinois “are in the 90th to 99th percentile statewide”.  In other words, the entire state is completely and utterly drenched.

As a result, very few Illinois farmers have been able to get corn or soybeans in the ground at this point…

According to the U.S. Department of Agriculture’s crop progress reports, about 11% of Illinois corn has been planted and about 4% of soybeans. Last year at this time, 88% of corn and 56% of soybeans were in the ground.

I would use the word “catastrophe” to describe what Illinois farmers are facing, but the truth is that what they are going through is far beyond that.

Normally, if corn farmers have a problem getting corn in the ground then they just switch to soybeans instead.  But thanks to the trade war, soybean exports have plummeted dramatically, and the price of soybeans is the lowest that it has been in a decade.

As a result there is very little profit, if any, in growing soybeans this year…

Farmers in many parts of the corn belt have suffered from a wet and cooler spring, which has prevented them from planting corn. Typically when it becomes too late to plant corn, farmers will instead plant soybeans, which can grow later into the fall before harvest is required. Yet now, planting soybeans with the overabundance already in bins and scant hope for sales to one of the biggest buyers in China, could raise the risk of a financial disaster.

And if the wet conditions persist, many soybean farms are not going to be able to plant crops at all this year.

Sadly, global weather patterns are continuing to go haywire, and much more rain is coming to the middle of the country starting on Friday…

Any hopes of getting corn and soybean planting back on track in the U.S. may be washed away starting Friday as a pair of storms threaten to deliver a “one-two punch” of soaking rain and tornadoes across the Great Plains and Midwest through next week.

As much as 3 to 5 inches (8 to 13 centimeters) of rain will soak soils from South Dakota and Minnesota south to Texas, Oklahoma and Arkansas, according to the U.S. Weather Prediction Center in College Park, Maryland.

We have never had a year quite like this before, and U.S. food production is going to be substantially below expectations.  I very much encourage everyone to get prepared for much higher food prices and a tremendous amount of uncertainty in the months ahead.

Even though I have been regularly documenting the nightmarish agricultural conditions in the middle of the country, the numbers in this article are much worse than I thought they would be at this point in 2019.

This is truly a major national crisis, and it is just getting started.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66% appeared first on The Economic Collapse.

And it is important to keep in mind that there is often not much of a difference between “the Chinese government” and “Chinese corporations”.  In 2011, 43 percent of all profits in China were produced by companies that the Chinese government had a controlling interest in.  Americans are accustomed to thinking of “government” and “business” as being separate things, but in China they are often one and the same.  Even when there is a separation in ownership, the reality is that no major Chinese corporation is going to go against the authority and guidance of the Chinese government.  The relationship between government and business in China is much different than it is in the United States.

Over the past several years, Chinese companies have become increasingly aggressive.  Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States.  Now that Chinese company controls more movie ticket sales than anyone else in the world.  At the time, that was the largest acquisition of a U.S. firm by a Chinese company, but now the Smithfield Foods deal has greatly surpassed that.

But China is not just relying on acquisitions to expand its economic power.  The truth is that “economic beachheads” are being established all over America.  For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama.  I am sure that many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.

And guess where else Chinese companies are putting down roots?

Detroit.

Yes, the poster child for the deindustrialization of America is being invaded by the Chinese.  The following comes from a recent CNBC article…

Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

If you recently purchased an “American-made vehicle”, there is a really good chance that it has Chinese parts in it.

In fact, it is becoming harder and harder to get auto parts that are actually made in America by American companies.  A lot of those companies are dying off.  One example of this is a battery maker that had received $132 million from the federal government that was recently gobbled up by a huge Chinese corporation…

Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States. “We simply don’t know how many there are,” said David Andrea, an official with the Original Equipment Suppliers Association, a trade organization for auto parts makers.

In one of the more prominent deals, the Wanxiang Group bought most of the assets of the battery maker A123 Systems, which filed for bankruptcy last year despite receiving $132 million of $249 million in federal grants to build two factories in Michigan.

Congressional Republicans criticized the deal, saying A123’s technology could support military applications in China. Still, the buyout was approved this year by the Committee on Foreign Investment in the United States, a federal government panel.

China seems particularly interested in acquiring energy resources in the United States.  For example, did you know that China is actually mining for coal in the mountains of Tennessee?

Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee.  At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.  The following is from a Wall Street Journal article back in March…

The Tennessee Conservative Union began airing an ad Tuesday that says lawmakers have failed to protect the state’s scenic mountains and are allowing the “Chinese to destroy our mountains and take our coal…the same folks who hold our debt.”

But when it comes to our energy resources, China has been most interested in our oil and natural gas.  It is a complete and total mystery why the federal government would allow China to buy up our precious domestic sources of energy, but it is happening.  The following is a list of some of the oil and natural gas deals that China has been involved in during the last few years that was compiled by the Wall Street Journal…

Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.

Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.

Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.

Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.

Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.

Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.

Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.

Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.

How could we be so stupid?

Sadly, as our politicians endlessly bicker China just continues to aggressively push ahead.

And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries.  According to Bloomberg, right now China is actually building a city larger than Manhattan just outside of the capital of Belarus…

China is building an entire city in the forests near the Belarusian capital Minsk to create a manufacturing springboard between the European Union and Russia.

Belarusian President Aleksandr Lukashenko allotted an area 40 percent larger than Manhattan around Minsk’s international airport for the $5 billion development, which will include enough housing to accommodate 155,000 people, according to Chinese and Belarusian officials.

And this is actually already happening on a much smaller scale in this country.  For example, as I have written about previously, a Chinese company known as “Sino-Michigan Properties LLC” has purchased 200 acres of land near the little town of Milan, Michigan.  Their stated goal is to construct a “China City” that has artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.

In other cases, large chunks of real estate in the middle of major U.S. cities are being gobbled up by Chinese “investors”.  Just check out what a Fortune article from a while back says has been happening in Toledo, Ohio…

In March 2011, Chinese investors paid $2.15 million cash for a restaurant complex on the Maumee River in Toledo, Ohio. Soon they put down another $3.8 million on 69 acres of newly decontaminated land in the city’s Marina District, promising to invest $200 million in a new residential-commercial development. That September, another Chinese firm spent $3 million for an aging hotel across a nearby bridge with a view of the minor league ballpark.

Are you starting to get the picture?

China is on the rise and America is in decline.  If you doubt this, just read the following list of facts which comes from one of my previous articles entitled “40 Ways That China Is Beating America“…

#1 As I mentioned above, when you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.

#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us.  That was the largest trade deficit that one nation has had with another nation in the history of the world.

#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.

#4 China now has the largest new car market in the entire world.

#5 China has more foreign currency reserves than anyone else on the planet.

#6 China is the number one gold producer in the world.

#7 China is also the number one gold importer in the world.

#8 The uniforms for the U.S. Olympic team were made in China.

#9 85 percent of all artificial Christmas trees are made in China.

#10 The new World Trade Center tower is going to include glass that has been imported from China.

#11 The new Martin Luther King memorial on the National Mall was made in China.

#12 One of the reasons it is so hard to export stuff to China is because of their tariffs.  According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.

#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

#18 China now produces more than twice as many automobiles as the United States does.

#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.

#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government.  The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.

#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.

#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.

#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.

#25 China now consumes more energy than the United States does.

#26 China is now the leading manufacturer of goods in the entire world.

#27 China uses more cement than the rest of the world combined.

#28 China is now the number one producer of wind and solar power on the entire globe.

#29 There are more pigs in China than in the next 43 pork producing nations combined.

#30 Today, China produces nearly twice as much beer as the United States does.

#31 Right now, China is producing more than three times as much coal as the United States does.

#33 China now produces 11 times as much steel as the United States does.

#34 China produces more than 90 percent of the global supply of rare earth elements.

#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.

#37 15 years ago, China was 14th in the world in published scientific research articles.  But now, China is expected to pass the United States and become number one very shortly.

#38 China now awards more doctoral degrees in engineering each year than the United States does.

#39 The average household debt load in the United States is 136% of average household income.  In China, the average household debt load is 17% of average household income.

#40 The Chinese have begun to buy up huge amounts of U.S. real estate.  In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.

And what we have seen so far may just be the tip of the iceberg as far as Chinese “investment” in U.S. real estate is concerned.  The following is a brief excerpt from a Bloomberg article that was posted just last week…

China is studying the possibility of investing a portion of its $3.4 trillion in foreign-exchange reserves in U.S. real estate, said two people with direct knowledge of the situation.

The State Administration of Foreign Exchange began the study after seeing signs of a recovery in the U.S. property market, said the people, who asked not to be identified as they weren’t authorized to speak publicly about the matter. China may acquire properties, invest in real estate funds or buy stakes in property companies, they said. The safety of the investments will be the top priority, said the people, who didn’t elaborate on a timetable or other details.

So what can we do about all of this?

Unfortunately, not a whole lot.  Both major political parties seem to be fully convinced that merging our economy with the economy of communist China is a great idea.  I would not expect major changes in our policies regarding China any time soon.

For now, I will just leave you with one piece of advice…

Learn to speak Chinese.  You might need it someday.

The post Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities appeared first on The Economic Collapse.