The Economic Collapse

Now we are going to find out who was bluffing and who was not bluffing.  Israeli troops have gone into Gaza, and we are being told that this is a war that could last for months.  Of course it could easily last a lot longer than that.  If the stated goal is to eliminate Hamas, that certainly won’t be easy.  Israeli Prime Minister Benjamin Netanyahu is calling this a second war of independence, and he just told the world that “Never Again is now”… (Read More...)

Most people don’t seem to realize that one of the most important moments that any of us have ever witnessed is about to happen.  When the Israeli invasion of Gaza officially commences, nothing will ever be the same from that point forward.  The entire Middle East will erupt in flames and the global economy will go completely haywire.  But Israel doesn’t have a choice in this matter.  If our babies were killed, our women were raped and our grandmothers were kidnapped, we would be going to war with Hamas too.  Unfortunately, much of the Islamic world is uniting behind Hamas, and so Israel could soon find itself literally fighting a war of national survival. (Read More...)

It is becoming clear that the U.S. is going to be heavily involved in the war in the Middle East, and it is becoming clear that this is going to mean a direct confrontation with Iran.  Are you ready for that?  Are any of us really ready for such an apocalyptic scenario?  Hamas and Hezbollah wouldn’t be anything without funding and arms from Iran.  So Iran is the “big dog” that is ultimately responsible for all of the terrorism.  On the other side, the U.S. is the “big dog” that funds and supports Israel.  In the end, it was probably inevitable that the two “big dogs” would tangle eventually. (Read More...)

It is happening again.  All over America, borrowers are getting behind on their payments.  In particular, subprime borrowers are having a very difficult time paying the bills.  Does that ring a bell?  That should, because the last time we witnessed anything like this was during the last financial crisis.  When things start to go bad, those at the bottom of the economic food chain feel it first, and that is why the numbers that have been coming out lately are so alarming. (Read More...)

It is becoming clear that Israel is going to have to battle enemies on multiple fronts, and that means that this war is going to look a whole lot different than a lot of people thought that it would.  If the fighting could have been confined to just Israel and Hamas, there still would have been a lot of death and destruction, but everyone knows that Hamas is no match for the IDF.  But if Hezbollah, Syria, Iran and the Palestinians in the West Bank all jump into the conflict, all of a sudden this becomes a war of national survival for Israel, and in such a scenario it is much more likely that weapons of mass destruction will be used.  So it should deeply alarm all of us that fighting has now erupted on multiple fronts. (Read More...)

I know that there is a lot going on in the world right now, but I just had to write about what is happening to our banks.  High interest rates and chaos in the real estate industry are combining to put an enormous amount of pressure on our largest financial institutions.  As a result, banks are getting very tight with their money, they are closing down hundreds of branches, and they are laying off thousands of workers.  We are in the early stages of the worst financial crisis since 2008 and 2009, and I fully expect conditions to get even worse in the months ahead. (Read More...)

All of the signs are telling us that a war between Israel and Hezbollah is imminent.  And once it begins, the U.S. and Iran will inevitably get sucked into the conflict as well.  We are literally talking about an apocalyptic scenario, and that is going to have enormous implications for all of us.  Hezbollah has an arsenal of 130,000 missiles that it can launch at Israeli cities, Iran possesses even greater firepower than Hezbollah does, and the Israelis have quite a few surprises up their sleeves.  I will just leave it at that for now.  As this war evolves, the entire world will be shocked by the death and destruction that we witness. (Read More...)

We are witnessing an old-fashioned standoff in the Middle East right now.  The IDF was supposed to have sent thousands of troops storming into Gaza by now, but threats from Hezbollah and Iran have caused Israeli officials to pause.  Do the Israelis really want to fight an extremely bloody two front war?  Iran has actually brought up the possibility of “pre-emptive action”, but that would inevitably spark a military response from the United States.  Do the Iranians really want to fight the U.S. military?  There are some that are hoping that this standoff will ultimately allow cooler heads to prevail, but I see it as the calm before the storm. (Read More...)