Economic Chaos Erupts! – Global Manufacturing Plunges, The Trade War Expands And The Nasdaq Enters Correction Territory

The global economic slowdown is really starting to accelerate.  Just within the past few days, we have gotten more really awful global manufacturing numbers, the trade war has expanded to more nations, and the Nasdaq has officially entered correction territory.  We have not witnessed this sort of global economic environment since the Great Recession, and if the economic chaos continues to escalate it won’t take too much to spark a brand new financial crisis.  Of course the global financial system is far more vulnerable than it was back in 2008, and so if we stay on the path that we are currently on we could be facing a nightmare scenario very rapidly. (Read More...)

All Of The Economic Momentum Is Moving In Just One Direction Now

Earlier today, I was greeted by this jarring headline when I visited the Drudge Report: “BONDS FLASH RECESSION WARNING”.  These days, it seems like the “R word” is being thrown around constantly, but at this time last year everyone was celebrating how well the economy was doing.  Unfortunately, we have witnessed a dramatic shift in recent months, and we just got some more really bad economic numbers.  Thanks to those bad numbers and an increasing amount of anxiety about the trade war, the Dow Jones Industrial Average fell another 237 points on Monday.  That means that we are on pace to potentially see the Dow fall for a sixth week in a row, and that is something that hasn’t happened since the last recession. (Read More...)

American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners

All across America, U.S. farmland is being gobbled up by foreign interests.  So when we refer to “the heartland of America”, the truth is that vast stretches of that “heartland” is now owned by foreigners, and most Americans have no idea that this is happening.  These days, a lot of people are warning about the “globalization” of the world economy, but in reality our own soil is rapidly being “globalized”.  When farms are locally owned, the revenue that those farms take in tends to stay in local communities.  But with foreign-owned farms there is no guarantee that will happen.  And while there is plenty of food to go around this is not a major concern, but what happens when a food crisis erupts and these foreign-owned farms just keep sending their produce out of the country?  There are some very serious national security concerns here, and they really aren’t being addressed.  Instead, the amount of farmland owned by foreigners just continues to increase with each passing year. (Read More...)

Crop Catastrophe In The Midwest – Latest USDA Crop Progress Report Indicates That A Nightmare Scenario Is Upon Us

The last 12 months have been the wettest in all of U.S. history, and this has created absolutely horrific conditions for U.S. farmers.  Thanks to endless rain and historic flooding that has stretched on for months, many farmers have not been able to plant crops at all, and a lot of the crops that have actually been planted are deeply struggling.  What this means is that U.S. agricultural production is going to be way, way down this year.  The numbers that I am about to share with you are deeply alarming, and they should serve as a wake up call for all of us.  The food that each one of us eats every day is produced by our farmers, and right now our farmers are truly facing a nightmare scenario. (Read More...)

U.S. Stocks Have Now Fallen For 5 Weeks In A Row – That Is The Worst Stock Market Streak In Almost 8 Years

We haven’t seen stock prices slide like this in a long time, and if this keeps up we could soon be looking at an avalanche.  Our rapidly escalating trade war with China and more bad U.S. economic numbers pushed stocks down once again this week, and at this point the Dow Industrial Average has now fallen for five weeks in a row.  We haven’t seen a losing streak this long since June 2011, and it is yet another indication that we have reached a major turning point.  Some positive comments about China from President Trump on Friday helped to lift stocks a little, but it wasn’t enough to put stocks into the green for the week.  Of course the S&P 500 and the Nasdaq are both working on losing streaks as well.  According to CNBC, both of them have now declined for three weeks in a row… (Read More...)

Stocks And Bonds Are Both Sending The Exact Same Message As Wall Street Braces For A Very Uncertain Future

Slowly but surely, Wall Street is starting to understand that the good times are over.  For months, most investors were absolutely convinced that the U.S. and China would be able to work out a trade deal because the alternative would simply be too painful for both sides.  But now trade talks are completely dead, and Wall Street is starting to come to grips with the reality that we really are facing a very long trade war.  Unless there is a major miracle, this trade war with China is likely to last until the presidential election in 2020, and if Trump wins it could go a lot longer than that.  And of course this comes at a time when the U.S. economy is already slowing down dramatically.  The economic optimism of the last couple of years is being replaced by a deep sense of gloom, and we are starting to see this reflected in the behavior of the markets. (Read More...)

The Pentagon Asks Trump To Send Thousands Of U.S. Troops To The Middle East As Tensions With Iran Continue To Rise

The more steps that we take toward a war with Iran, the more likely it becomes that somebody will do something really stupid that will actually trigger one.  By cutting off Iran’s oil exports, we are threatening to completely wreck their economy, and at this point they feel backed into a corner.  And the Iranians have already watched the U.S. invade two countries that they share a border with (Afghanistan and Iraq), and so it is understandable that they are a bit paranoid that it could happen to them too.  President Trump keeps saying that he doesn’t want a war with Iran, but the Iranians do not believe a single word any U.S. politician says.  Instead, they watch what we actually do very, very closely, and the fact that the Pentagon wants to deploy thousands of new troops to the Middle East is definitely going to freak them out.  The following comes from Fox News… (Read More...)

Which Major West Coast City Is Being Overwhelmed By Rats, Drugs, Crime, Piles Of Garbage And Hordes Of Homeless People?

Can you name the major west coast city that has become a rotting, decaying hellhole and is being completely overwhelmed by rats, drugs, crime, piles of garbage and hordes of homeless people?  Of course San Francisco, Portland, Seattle, “all of them” and “any of them” would all be correct answers, but in this article we are going to talk about Los Angeles.  Once upon a time, millions of young Americans flocked to “sunny L.A.” in order to experience “the California Dream”, but these days Los Angeles seems to be on the cutting edge of many of our most critical societal problems.  L.A. has been known for Hollywood, the porn industry and world class traffic congestion, but now it is also becoming famous for “rat-infested piles of rotting garbage”… (Read More...)

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