Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015

Tech Bubble 2.0Do you remember how much stocks went down when the first dot-com bubble burst?  Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015.  On Friday, the tech-heavy Nasdaq dropped to its lowest level in more than 15 months, and it has now fallen more than 16 percent from the peak of the market.  But of course some of the biggest names have fallen much more than that.  Netflix is down 37 percent, Yahoo is down 39 percent, LinkedIn is down 60 percent, and Twitter is down more than 70 percent.  If you go back through my previous articles, you will find that I specifically warned about Twitter again and again.  Irrational financial bubbles like this always burst eventually, and many investors that got in at the very top are now losing extraordinary amounts of money. (Read More...)

22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning

Skyline Globe Clock Gears - Public DomainAs bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse.  Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations, corporate profit margins are plunging, global trade is slowing down dramatically, and several major European banks are in the process of completely imploding.  I am about to share some numbers with you that are truly eye-popping.  Each one by itself would be reason for concern, but when you put all of the pieces together it creates a picture that is hard to deny.  The global economy is in crisis, and this is going to have very serious implications for the financial markets moving forward.  U.S. stocks just had their worst January in seven years, and if I am right much worse is still yet to come this year.  The following are 22 signs that the global economic turmoil that we have seen so far in 2016 is just the beginning… (Read More...)

Los Angeles Police Urge Residents ‘To Protect Themselves’ As Violent Crime Skyrockets

Crime Headlights - Public DomainAll over America, rates of violent crime are absolutely soaring.  As you will see below, violent crime overall shot up by 20 percent in Los Angeles last year, and the police are telling people that “they need to be able to protect themselves” because the police may not be able to get there in time when they call.  Thanks to deep budget cuts, police departments across the nation are already severely undermanned, and our major cities are now seeing crime rates increase at a pace that we have not seen in ages.  In a previous article, I encouraged my readers to focus on the five basics of preparation – food, water, shelter, energy and self-defense.  Of those five, it is often self-defense that is the most neglected.  When bad people break into your house in the middle of the night intending to do bad things, what are you going to do?  Many of us have not had to think about that for a long time, but now conditions are rapidly changing in America. (Read More...)

Why Is Obama Flooding Small Towns In The Most Conservative Parts Of America With Refugees?

Refugees Welcome - Public DomainWhy are small towns in conservative states being specifically targeted for refugee resettlement?  Of course the Obama administration will never publicly admit that this is happening, but it doesn’t take a genius to figure out what is going on.  Just look at the uproar that refugee resettlement is now causing in small communities in Idaho, Montana, North Dakota and Kansas.  The Obama administration has deemed large cities such as Washington D.C. to be “too expensive” for the refugees, and so large numbers of them are being dispersed throughout smaller communities all over the nation.  If you drop a few hundred refugees into a major city of several million people, it isn’t going to make much of a difference.  But if you drop a few hundred refugees into a small town that has only a few thousand people living there, you can start to fundamentally alter the character of the whole area.  Could it be possible that this is yet another way that Barack Obama is attempting to “fundamentally transform” America? (Read More...)

The Federal Reserve Just Made Another Huge Mistake

The Great Seal Of The United States - A Symbol Of Your Enslavement - Photo by IpankoninAs stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in than anyone else.  When the Federal Reserve pushed interest rates all the way to the floor and injected lots of hot money into the financial markets during their quantitative easing programs, this pushed stock prices to wildly artificial levels.  The only way that it would have been possible to keep stock prices at those wildly artificial levels would have been to keep interest rates ultra-low and to keep recklessly creating lots of new money.  But now the Federal Reserve has ended quantitative easing and has embarked on a program of very slowly raising interest rates.  This is going to have very severe consequences for the markets, but Janet Yellen doesn’t seem to care. (Read More...)

Americans Really, Really Hate The Government

Anger - Public DomainIf there is one thing that Americans can agree on these days, it is the fact that most of us don’t like the government.  CBS News has just released an article entitled “Americans hate the U.S. government more than ever“, and an average of recent surveys calculated by Real Clear Politics found that 63 percent of all Americans believe the country is heading in the wrong direction and only 28 percent of all Americans believe that the country is heading in the right direction.  In just a few days the first real ballots of the 2016 election will be cast in Iowa, and up to this point the big story of this cycle has been the rise of “outsider” candidates that many of the pundits had assumed would never have a legitimate chance.  Donald Trump, Ted Cruz and Bernie Sanders have all been beneficiaries of the overwhelming disgust that the American people feel regarding what has been going on in Washington. (Read More...)

Economic Activity Is Slowing Down Much Faster Than The Experts Anticipated

Locomotive - Public DomainWe have not seen global economic activity fall off this rapidly since the great recession of 2008.  Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index just hit another brand new all-time record low.  If the “real economy” consists of people making, selling and shipping stuff, then it is in incredibly bad shape.  Here in the United States, the dismal economic numbers continue to stun all of the experts.  For example, on Monday we learned that the Texas general business activity index just hit a six year low… (Read More...)

Just A Coincidence That A Historic Blizzard Named ‘Jonas’ Hit D.C. On The Anniversary Of Roe v Wade?

Jonas - Photo from WikipediaOn January 22nd, one of the worst east coast blizzards in history slammed into Washington D.C. like a freight train.  More than three feet of snow was dumped on some areas, hundreds of thousands of people were left without power, and coastal cities all long the eastern seaboard experienced flooding to a degree not seen since Hurricane Sandy.  Tens of millions of people live in communities that were completely paralyzed by this storm, and it is being projected that the total amount of economic damage done will ultimately be in the billions of dollars.  January 22nd also happens to be the anniversary of the U.S. Supreme Court decision that legalized abortion in all 50 states.  Since that Supreme Court decision, more than 58 million babies have been murdered in abortion clinics in America.  Could it be possible that it is more than just a “coincidence” that both of these events happened on January 22nd? (Read More...)

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