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

The amount of corn produced in the United States this year is going to be way below expectations.  The Department of Agriculture just slashed its harvest estimates quite dramatically in its June report, but some farmers in the Midwest believe that those reduced projections are still way too optimistic.  As I have previously detailed, millions upon millions of acres will go unplanted this year, but that is only part of the story.  Much of the corn that has actually been planted is coming up very slowly due to the exceedingly poor conditions, and corn farmers all over the Midwest are reporting that their plants look absolutely terrible.  If we get picture perfect weather between now and harvest time, this will simply be a terrible year.  But if severe heat and/or an early frost hits the Midwest, this could very easily be the worst year that we have ever seen for corn farmers in the United States. (Read More...)

Morgan Stanley’s Business Conditions Index Just Suffered The Biggest One Month Decline In History

We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year.  Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan Stanley’s Business Conditions Index has fallen dramatically.  In fact, according to CNBC the sudden drop in the index was “the largest one-month decline on record”… (Read More...)

‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?

According to a shocking new report from the Commonwealth Fund, the suicide rate in the United States is the highest that it has ever been before.  Sadly, the same thing can be said about the death rates from drug overdoses and alcohol.  All three death rates are at an all-time record high, and yet our society is still fairly stable at the moment.  So if we are seeing this many “deaths of despair” right now, what in the world are things going to look like when our society really begins to start crumbling?  Today, Americans have literally thousands of different ways to entertain themselves, and yet we have never been unhappier.  One out of every six Americans is taking psychiatric drugs, we are currently dealing with “the worst drug crisis in American history”, and people are killing themselves in record numbers.  Nobody likes to be told that they are a failure, but it certainly appears that our nation has been on an extremely self-destructive path for a very long time. (Read More...)

Unprecedented U.S. Weather Chaos Continues: 120F In The West, More Record-Setting Flooding In The East

Global weather patterns are dramatically shifting, and week after week we keep seeing things happen that we have never seen before.  As far as our weather is concerned, this is definitely the strangest year in modern American history, and many believe that what we have witnessed so far is just the beginning.  Up until just recently, the endless rain, catastrophic flooding and horrific tornado outbreaks in the middle of the country have been dominating weather headlines.  But now the west coast is getting into the act.  This week, new record high temperatures have been established in city after city, and this includes San Francisco(Read More...)

700 Quakes Hit A Key California Seismic Zone, And Tar Is Literally Bubbling Up Through The Streets Of Los Angeles

Scientists are quite “concerned” about the huge earthquake swarm that has been shaking southern California in recent weeks, and right at this moment bubbling tar is literally coming up through the streets in one section of Los Angeles.  None of this means that a major seismic event is imminent, but it is certainly not a good sign either.  We have been tracking quite a bit of unusual shaking along the Ring of Fire in recent months, and scientists assure us that it is just a matter of time before “the Big One” hits southern California.  And if you follow my work on a regular basis, then you already know that I am extremely concerned about the potential for major seismic activity along the west coast.  So when I came across a San Diego Union-Tribune article entitled “Southern California earthquake swarm takes an unexpected turn, and that’s reason to worry”, it definitely got my attention.  According to that article, there have been “more than 700 earthquakes” in the Fontana seismic zone over the past few weeks… (Read More...)

“The Skid Is Everywhere”, And We Just Received More Confirmation That The Worst Is Yet To Come

All over America, large portions of our major cities are being transformed into stomach-churning cesspools of squalor.  Thousands of tens cities are popping up from coast to coast as the homeless population explodes, even the New York Times admits that we are facing “the worst drug crisis in American history”, there were more than 28,000 official complaints about human feces in the streets of San Francisco last year alone, and millions of rats are currently overrunning the city of Los Angeles.  And yet the authorities continue to insist that the economy is in good shape and that everything is going to be just fine. (Read More...)

Trump Just Poked The Dragon In The Eye, And U.S.-China Relations Just Took An Ominous Turn For The Worse

After what President Trump just did, the odds of the U.S. and China being able to reach a trade agreement this year officially just went from slim to none.  For China, there is no issue more sensitive than the status of Taiwan.  For the Chinese, it is unthinkable for anyone to even suggest that Taiwan is not a part of China, and the Chinese are prepared to defend their “one China” policy to the death if necessary.  On the other hand, most Americans are entirely clueless about Taiwan.  In fact, if you gave them a blank map of the world the vast majority of Americans wouldn’t even be able to find Taiwan thanks to our exceedingly poor system of public education.  So for most Americans, a news story about how President Trump plans to sell 2 billion dollars worth of arms to Taiwan is completely and utterly meaningless.  But for the Chinese, such news is a deep national insult(Read More...)

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