The Epic Drought In The Western United States Is Starting To Become Apocalyptic

When scientists start using phrases such as “the worst drought” and “as bad as you can imagine” to describe what is going on in the western half of the country, you know that things are bad.  Thanks to an epic drought that never seems to end, we are witnessing the beginning of a water crisis that most people never even dreamed was possible in this day and age.  The state of California is getting ready to ban people from watering their lawns and washing their cars, but if this drought persists we will eventually see far more extreme water conservation measures than that.  And the fact that nearly half of all of the produce in America comes out of the state of California means that ultimately this drought is going to deeply affect all of us.  Food prices have already been rising at an alarming rate, and the longer this drought goes on the higher they will go.
Let us hope and pray that this drought is permanently broken at some point, because otherwise we could very well be entering an era of extreme water rationing, gigantic dust storms and crippling food prices.
The following are 20 signs that the epic drought in the western half of the United States is starting to become apocalyptic…
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The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

panic crashThe head of the BIS has just warned that another great financial crisis may be coming.
Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization.  He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in that role until 2017.
Very few people realize that the BIS is at the very core of our centrally-planned global financial system.  So when Jaime Caruana speaks, people should listen.  And the fact that he recently warned that the global financial system is currently “more fragile” in many ways than it was just prior to the collapse of Lehman Brothers should set off all sorts of alarm bells.  [Read more...]

The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates

As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.  Gazprom is now asking their large customers to start paying in currencies other than the dollar But this is not just a story about Russia any longer.  As you will read about below, China and South Korea have just signed a major agreement to facilitate trade with one another using their own national currencies, and even prominent French officials are now talking about the need to use the dollar less and the euro more.  John Williams of shadowstats.com recently said that things have never “been more negative” for the U.S. dollar, and he was right on the mark.  The power of the almighty dollar has allowed all of us living in the United States to enjoy an extremely high standard of living for decades, but as that power now fades it is going to have profound implications for the U.S. economy.  [Read more...]

18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014

A lot of people that I talk to these days want to know “when things are going to start happening”.
Well, there are certainly some perilous times on the horizon, but all you have to do is open up your eyes and look to see the global economic crisis unfolding.  As you will see below, even central bankers are issuing frightening warnings about “dangerous new asset bubbles” and even the World Bank is declaring that “now is the time to prepare” for the next crisis.
Most Americans tend to only care about what is happening in the United States, but the truth is that serious economic trouble is erupting in South America, all across Europe and in Asian powerhouses such as China and Japan.
And the endless conflicts in the Middle East could erupt into a major regional war at just about any time.  We live in a world that is becoming increasingly unstable, and people need to understand that the period of relative stability that we are enjoying right now is extremely vulnerable and will not last long. 
The following are 18 signs that the global economic crisis is accelerating as we enter the last half of 2014… [Read more...]

Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated

How in the world does the government expect us to trust the economic numbers that they give us anymore? 
For a long time, many have suspected that they were being manipulated, but we don’t have to sit around and wonder if official economic statistics are being manipulated.
The truth is that even those that work inside the Federal Reserve admit they are being manipulated.
As you will see below we now have stone cold proof that this is indeed the case.

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Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

Have you noticed that prices are going up rapidly?  If so, you are certainly not alone.  But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be.  Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine.  But of course the way that the inflation rate is calculated has been changed more than 20 times since the 1970s, and at this point it bears so little relation to reality that it is essentially meaningless.  Anyone that has to regularly pay for food, water, gas, electricity or anything else knows that inflation is too high.  In fact, if inflation was calculated the same way that it was back in 1980, the inflation rate would be close to 10 percent right now. [Read more...]

The Death Of The Rust Belt

Their names are familiar to all of us: Cleveland, Flint, Youngstown, Saginaw, Gary, Toledo, Reading, Akron, Flint and Buffalo were all once booming manufacturing cities that were absolutely packed with thriving middle class families.
But now most of the manufacturing jobs are gone and all of those cities are just shadows of their former selves.
We have a permanent epidemic of unemployment in this country.  Back in the 1980s, over 20 percent of the jobs in the U.S. were manufacturing jobs.  Today, only about 9 percent of the jobs in the U.S. are manufacturing jobs.
The Rust Belt is nearly dead.  [Read more...]

The United States Of Debt: Total US Debt Hits New Record High Of Nearly 60 Trillion Dollars!

Total DebtWhat would you say if I told you that Americans are nearly 60 TRILLION dollars in debt?  Well, it is true.  When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in debt.  That is an amount of money so large that it is difficult to describe it with words.  For example, if you were alive when Jesus Christ was born and you had spent 80 million dollars every single day since then, you still would not have spent 59.4 trillion dollars by now.  And most of this debt has been accumulated in recent decades.  If you go back 40 years ago, total debt in America was sitting at about 2.2 trillion dollars.
Somehow over the past four decades we have allowed the total amount of debt in the United States to get approximately 27 times larger.  This is utter insanity, and anyone that thinks this is sustainable is completely deluded.
We are living in the greatest debt bubble of all time, and there is no way that this is going to end well.
Just check out the chart…
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12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain

debt infographic

Source: Demonocracy

The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.
As you will see below, the total amount of debt in the world is now more than three times greater than global GDP.  In other words, you could take every single good and service produced on the entire planet this year, next year and the year after that and it still would not be enough to pay off all the debt.
But even that number pales in comparison to the exposure that big global banks have to derivatives contracts.
It is hard to put into words how reckless they have been.  At the low end of the estimates, the total exposure that global banks have to derivatives contracts is 710 trillion dollars.  That is an amount of money that is almost unimaginable.
The truth is that our financial system is little more than a giant pyramid scheme that is based on debt and paper promises. 
The following are 12 numbers about the global financial Ponzi scheme that should be burned into your brain… [Read more...]

Australia Seizes 360M From Dormant Bank Accounts & All 50 U.S. States Are Doing This Too!

The government of Australia has seized a whopping 360 million dollars from bank accounts dormant for only 3 years!
And yes, this kind of thing is going on all over America as well.
Do you have a bank account that you don’t actively use or a safe deposit box that you have not checked on for a while? 
If so, you might want to see if the government has stolen your money.  [Read more...]

Putin Is Doing It – Russia Is Actually Abandoning The Dollar

Putin ammo shortageThe Russians are actually making a move against the petrodollar.  It appears that they are quite serious about their de-dollarization strategy.  The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros.
And Gazprom would have never done this without the full approval of the Russian government, because the Russian government holds a majority stake in Gazprom.  There hasn’t been a word about this from the big mainstream news networks in the United States, but this is HUGE.
What we are witnessing right now is just a turning point, and adds to the “perfect storm” that is starting to brew for the U.S. economy.
What you are about to read is absolutely stunning, and yet you have not heard about it from any major U.S. news source.   But what Gazprom is now doing has the potential to completely shake up the global financial landscape. 

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15 Must Read Quotes From Our Founding Fathers About Economics, Capitalism And Banking

Why have we turned our backs on the principles that this nation was founded upon?  Many of those that founded this nation bled and died so that we could experience “life, liberty and the pursuit of happiness”.  And yet we have tossed their ideals aside as if they were so much rubbish.  Our founders had experienced the tyranny of big government (the monarchy) and the tyranny of the big banks and feudal lords, and they wanted something very different for the citizens of the new republic that they were forming.  They wanted a country where private property was respected and hard work was rewarded. 
They wanted a country where the individual was empowered, and where everyone could own land and start businesses.  They wanted a country where there were severe restrictions on all large collections of power (government, banks and corporations all included).  They wanted a country where freedom and liberty were maximized and where ordinary people had the power to pursue their dreams and build better lives for their families.  And you know what?  While no system is ever perfect, the experiment that our founders originally set up worked beyond their wildest dreams.  But now we are killing it. 
If future generations of Americans get the chance, they will curse us for the chains of debt that we have placed upon their shoulders.
The following are 15 MUST READ quotes from our founding fathers about economics, capitalism, and banking:  [Read more...]

15 Signs The Middle Class Is Dying

One of the things that was great about America in the post-World War II era was that we developed a large, thriving middle class.  Until recent times, it always seemed like there were plenty of good jobs for people that were willing to be responsible and work hard.  That was one of the big reasons why people wanted to come here from all over the world.  They wanted to have a chance to live “the American Dream” too.
But now the American Dream is becoming a mirage for most people.  No matter how hard they try, they just can’t seem to achieve it.
And here are some hard numbers to back that assertion up.  The following are 15 more signs that the middle class is dying…

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The Velocity Of Money In The U.S. Falls To An All-Time Record Low

Velocity Of Money M1When an economy is healthy, there is lots of buying and selling and money tends to move around quite rapidly.  Unfortunately, the U.S. economy is the exact opposite of that right now.  In fact, as I will document below, the velocity of M2 has fallen to an all-time record low.  This is a very powerful indicator that we have entered a deflationary era, and the Federal Reserve has been attempting to combat this by absolutely flooding the financial system with more money.
As you can see from the chart posted below, the velocity of M1 normally declines during a recession.
But a funny thing has happened since the end of the last recession- the velocity of M1 has just kept falling and it is now at a nearly 20 year low… [Read more...]

Has The Next Recession Already Begun For America’s Middle Class?

Has the next major economic downturn already started?
As you will read about below, major retailers had an absolutely dreadful start to 2014 and home sales are declining just as they did back in 2007 before the last financial crisis.  Meanwhile, the U.S. economy continues to lose more good jobs and 20 percent of all U.S. families do not have a single member that is employed at this point.  2014 is turning out to be eerily similar to 2007 in so many ways, but most people are not paying attention. [Read more...]