A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster
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It’s Just The Beginning: Martial Law Declared In Paris; Borders Sealed; Weapons Caches Found In Camps
It’s Just The Beginning: Martial Law Declared In Paris; Borders Sealed; Weapons Caches Found In Camps
A Friday night in Paris, France turned into a bloody rampage when at least two Muslim men armed with assault rifles left 160 dead and scores wounded. Some reports also indicate that suicide bombers were to blame for multiple explosions heard by witnesses.
A de facto state of Martial Law now exists in France, with mandatory curfews and the country’s borders sealed for the first time since the 1962 Algerian war. Paris authorities also announced a closure of all schools and universities in the French capital. Armored vehicles have been deployed around the city.
This is likely only the beginning for a wave of terror that could sweep the region in coming months and years. With hundreds of thousands of unidentified, fighting-age men having entered European borders in the last six months, the zones’ citizens from Germany to Hungary are, quite literally, up in arms.
In October we reported that Europeans were scrambling for guns amid the Islamic immigrant invasion and that Austrians were so desperate for personal protection that long guns across the entire country sold out within weeks.
In early November officials reportedly found a weapons cache at a Swedish migrant center, suggesting that citizens panicking to get firearms was completely justified.
Just hours before the Parisian massacre Hungarian Prime Minister Viktor Orban blasted European Union member states, claiming that there is a “master plan” for a political takeover of the continent:
The migrant invasion to Europe from the Middle East and Africa may be part of a left-wing plot to pack the continent with sympathetic voters, Hungarian Prime Minister Viktor Orban has told Swiss magazine dieWeltwoche
…click on the above link to read the rest of the article…
The Unhackable iPhone Has Been Compromised: ‘Intelligence Agencies Can Intercept Calls, Messages, and Access Data’
The Unhackable iPhone Has Been Compromised: ‘Intelligence Agencies Can Intercept Calls, Messages, and Access Data’
Iphone maker Apple, Inc. claimed last month that their latest iteration of the wildly popular handheld device was unhackable. According to HackRead, the company is so convinced of its security successes that they issued a statement saying that data stored on a phone secured with a front screen passcode was impossible to access – even by highly talented intelligence agencies:
The CIA and the FBI are always looking for backdoors in Apple devices, in fact, the agency spent years trying to hack iPhone and iPads according to documents released by NSA’s Edward Snowden.
Now, with the new upgraded operating systems, Apple has termed it “impossible” to access any data from Apple devices. Though, the company can still access data from older phones.
…
According to the Apple’s response to the court, 90 percent of the devices has ios 8 installed and with the type of encryption already there in the phone, it’s nearly impossible to access the data without the passcode, which is only known to the original owner. Even Apple itself cannot find the code.
But as we already know from recent hacks of Department of Defense computers, essential domestic grid infrastructure computers, and even NASA’s in-orbit spacecraft, in the digital age nothing is ever really secure.
Within hours of Apple releasing their latest iOS 9 update a cyber security firm known as Zerodium issued a challenge to the hacker community and offered up a $1 million bounty for any team that could bypass Apple’s latest security features. For weeks it appeared that Apple was right. Scores of hackers around the world burned the midnight oil trying to hack the iphone before Zerodium’s bounty expired.
But just few hours before the challenge came to end, one team submitted their exploits and vulnerabilities and Zerodium has confirmed that the Apple’s iOS 9 has been compromised.
…click on the above link to read the rest of the article…
Experts Fear a Stealth Crash Has Already Begun: “Risk is Flashing Red”
Experts Fear a Stealth Crash Has Already Begun: “Risk is Flashing Red”
It is more clear than ever that the Federal Reserve’s quantitative easing program will eventually bring destruction to the planet.
The world doubled down on risk after the 2008 crisis with nearly unlimited liquidity, and now debt is threatening to drown the global financial market. Cheap credit is about to saddle down those who got themselves overextended. Many private borrowers and states alike face default, bankruptcy and/or a failure to pay their obligations. Mathematically, the problem is just waiting to explode.
It is just a matter of when the music stops. But has it already?
Some are suggesting that things are already so bad that a crash has already set in, but without the headlines and fanfare.
This stealth crash is evidenced by conditions so bad they precipitate a chain reaction of further financial destruction. According to the London Guardian things are simply too far gone: “the debt levels are too high, productivity growth too weak and financial risks too threatening.”
Via the London Guardian:
The 1st of October came and went without financial armageddon. Veteran forecaster Martin Armstrong, who accurately predicted the 1987 crash, used the same model to suggest that 1 October would be a major turning point for global markets. Some investors even put bets on it. But the passing of the predicted global crash is only good news to a point. Many indicators in global finance are pointing downwards – and some even think the crash has begun. Let’s assemble the evidence.
…click on the above link to read the rest of the article…
Does This ‘Elite’ Magazine Cover Predict A Major Global Event For November?
Does This ‘Elite’ Magazine Cover Predict A Major Global Event For November?
Last week highly acclaimed cyclical analyst Bo Polny warned of an imminent failure in stocks that could lead to a complete meltdown in world markets in November. As Michael Snyder recently noted, Polny has accurately predicted market movementsover the last three months, suggesting that his current cycle theory may be worth considering:
In recent months he has correctly predicted that U.S. stocks would begin to drop in July, that there would be a huge plunge in August and that that the month of September would be rather uneventful. Now he is saying that he expects “November to be a complete meltdown on the U.S. and world markets”. Just because he has been right in the past does not guarantee that he will be correct this time around, but lots of people (like me) are starting to pay attention.
Though the Fall of 2015 was forecast to be rocky for the global economy and financial markets, we have yet to see the full-on collapse that many expected. This has, in many cases, left the impression that the U.S. economy remains on solid footing. But those who follow economic news and recent financial reports from some of the world’s leading companies know different.
We may not be seeing an overt collapse of the system as we know it, but behind the scenes it is clear that we are experiencing an implosion and loss of confidence. This is apparent by the massive flight of capital from some of the world’s leading investors into safe haven assets like gold and silver. Moreover, wealthy individuals around the world are expediting their efforts to prepare for the eventuality of collapse by stockpiling food and acquiring stylish emergency shelters.
…click on the above link to read the rest of the article…
Analyst Warns Of Turbulence: ‘Geopolitical Dislocations Could Result In Key Resource Supplies Disappearing’
Analyst Warns Of Turbulence: ‘Geopolitical Dislocations Could Result In Key Resource Supplies Disappearing’
Some of the world’s biggest investors have been taking significant positions in the commodity resource sector as of late, most notably in gold. With geopolitical tension and fear of economic breakdown reaching a near boiling point, it’s not difficult to see why. Instability pervades the entire system, encompassing everything from financial markets to social safety nets. And while it is easy to ignore the seriousness of current events because stock markets remain at record highs and mainstream pundits continue to toe the recovery line, the fact is that an unexpected and seemingly minor event could well send the entire world into a tailspin.
According to analyst John Kaiser, this is exactly what we need to be concerned with. In a candid interview with Future Money Trends Kaiser explains just how political dislocations could result in supply lines to critical commodities like food, copper, zinc and gold being cut – even without a major war – should the United States, Russia and China continue to bump heads.
(Watch at Future Money Trends or Youtube)
Forget about the big, giant macro-economic increases in overall global GDP, but instead let’s look at the turbulence we’re starting to see where China is asserting itself in the South China Sea area… where Putin is eyeing its lost colonies in Europe and Central Asia and thinking maybe we should re-establish the Soviet empire… where we see instability in the middle east.
Then you also realize that a lot of metal comes from China… a lot of metal comes from Russia. And if we end up in a shoving match where, say, the United States pushes back in the South China Sea… and Chinese generals get all up in arms and we end up with an incident… well what happens if China suddenly has sanctions going against it… or something similar, that Russia goes beyond messing in the Ukraine and starts taking out Latvia or Estonia?
…click on the above link to read the rest of the article…
America Waiting to Explode: “If Supply Lines Go Down… Millions of FDA-Approved Drug Addicts Go Psycho”
America Waiting to Explode: “If Supply Lines Go Down… Millions of FDA-Approved Drug Addicts Go Psycho”
How bad can things get?
Preppers know the scenarios – any major crisis from economic breakdown, to civil unrest and riots, an EMP, natural disaster or plain out martial law can bring things to a halt with shocking quickness. And chaos is nearly always the end result.
But this article examines just how far America has fallen into desperation. The closer that the nation spirals towards disintegration, the worse things seem to get.
Between the extremely vulnerable economic system and looming financial crisis, the decline of American values and morality and the utter dependence of Americans upon centralized supply chains, the feds and corporations for everything, the United States population stands all-too-close to disaster. Sam Gerrans at RT says that America is a bomb waiting to explode:
The United States is in decline. While not all major shocks to the system will be devastating, when the right one comes along, the outcome may be dramatic.
We can see how fragile the U.S. is now by considering just four tendencies.
1. Destruction of farms and reliable food source
2. Weak economic system
3. Americans increasingly on mind-altering drugs
4. Morals in decline
According to Gerran’s numbers, less than 5 million people are in a position to feed themselves with the SHTF. With preppers and backyard homesteaders, that number is hopefully much higher, but in any case, it still leaves well over 95% of the population utterly dependent on the grocery store or the government – and the shelves will empty out of literally every store within hours if a real crisis hits.
The average American might have three days of food in their pantry – but that still puts collapse and disorder on a schedule of nearly immediate:
…click on the above link to read the rest of the article…
Highly Respected Economist Warns: “Hyperinflation Is On The Table… It Will Be Completely Uncontrollable”
Highly Respected Economist Warns: “Hyperinflation Is On The Table… It Will Be Completely Uncontrollable”
Thibaut Lepouttre is a highly educated and well respected economist from Belgium. But unlike many of his counterparts who often toe the line of mainstream politicians and financial pundits, he’s not one to sugarcoat the seriousness of the current global economic, financial and monetary environment. According to Lepouttre, while the Federal Reserve has worked feverishly to prevent a widespread destabilization of the system, their machinations will soon be revealed as an abject failure.
Whereas many of his colleagues suggest the possibility of inflation is an unlikely scenario, Lepouttre says that we will see it begin to manifest in the near-term in the form of higher prices for essential resources. In his latest interview he explains why we’re within the prime target dates for inflation to take hold, the snowball effect that will lead to uncontrollable hyperinflation, and how to strategically position assets ahead of this unprecedented monetary event.
There is no doubt that the Federal Reserve has almost run out of options to get the economy going.
Let’s go back to the basics of the economy. It takes a while when money gets printed before it really gets circulated in the system. In normal economic times, it takes like 24 to 36 months before a newly printed $100 bill is really brought into circulation, and you can see the trickle down effects of that.
The problem in the current economic situation is the fact that the velocity of money is much slower than it used to be. Due to the lower velocity of the money, it takes much longer before you feel the trickle down effects. So instead of the 24 to 36 months, it’ll take, I’ll say 60-72 months before we see any of the trickle down effects into the real economy.
…click on the above link to read the rest of the article…
IMF: $3 trillion in “Over-Borrowing Now Threatens To Unleash a Wave of Defaults”
IMF: $3 trillion in “Over-Borrowing Now Threatens To Unleash a Wave of Defaults”
The next great financial crisis may be only a short time away.
As readers know, SHTF has routinely covered the bleak warnings and predictions of market insiders and critics of Wall Street and the Federal Reserve.
Now, there is yet another indication that things are reaching a tipping point, and the system is all-too-vulnerable to collapse. Borrowers in states across the globe are under threat of default, and many would be unable to repay loans with even a modest adjustment in the interest rate.
There is so much debt piled up all over the place, that things are absolutely in danger of coming unglued. The IMF is now hovering over the situation, warning of impending crisis.
According to the London Telegraph:
A poisonous “triad” of global risks is pushing the world to the brink of a new financial crisis, says stark IMF report
Governments and central banks risk tipping the world into a fresh financial crisis, the International Monetary Fund has warned, as it called time on a corporate debt binge in the developing world.
Emerging market companies have “over-borrowed” by $3 trillion in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014, found the IMF’s Global Financial Stability Report.
This dangerous over-leveraging now threatens to unleash a wave of defaults that will imperil an already weak global economy, said stark findings from the IMF’s twice yearly report.
Things are apparently teetering dangerously over the edge, with plenty of room to trigger further chaos in the developing world:
The slightest miscalculation, they said, could collapse into a “failed normalisation” of interest rates and market conditions, wiping 3pc from the world’s economic output over the next two years.
…click on the above link to read the rest of the article…
Congress Declares Martial Law as Dollar Rapidly Collapsing: “Living in Last Days of This Republic.”
Congress Declares Martial Law as Dollar Rapidly Collapsing: “Living in Last Days of This Republic.”
The debt ceiling issue is returning to the forefront in American politics, again threatening a government shutdown.
Last time, the shutdown resulting in sequester for many agencies that suspended work for many government employees; a great deal of political theater dominated the news cycle; but ultimately, things returned to a basic normalcy.
This time may be different, as a number of critical factors face Americans in 2015. Last week, Congress passed “procedural martial law” to address stop-gap spending as it faces the debt ceiling crisis again.
Meanwhile, this quietly announced martial law forced a vote on bills the same day, preventing members from even reading the legislation they are voting on, to avert an October 1 government shutdown. The move, which was done just a few weeks prior, shows how desperate things have become. The Hill reported:
For the second time in a month, the House on Tuesday invoked “martial law” to allow more expeditious consideration of a stopgap spending bill to avoid a government shutdown on Oct. 1.
The use of martial law refers to bypassing the typical procedure that requires the House to wait a day after the Rules Committee produces a rule establishing floor debate parameters before voting.
[…]
House GOP leaders invoked martial law earlier this month to fast-track a spending bill. But they ultimately never had to use it after the Senate opted to go first with the spending bill.
Crisis is averted – for now.
But the dollar is now an unwanted export commodity. As the U.S. rattles sabers with Russia in its proxy wars, the basis for American power overseas is rapidly collapsing.
…click on the above link to read the rest of the article…
America to Collapse As Dollar Dies: “You Cannot Stop What Is Coming… 25 to 50 Million Dead in 90 Days”
America to Collapse As Dollar Dies: “You Cannot Stop What Is Coming… 25 to 50 Million Dead in 90 Days”
A collapse is coming… but not as quickly as many are expecting.
There are many people high up in the power structure who not only see an end to the dollar coming soon, but an economic collapse that could trigger the death of tens of millions of Americans – rendered vulnerable by the lack of services and the stopping of checks, and harmed by the resulting looting, starvation and violence that is likely to occur.
According to an anonymous source who claims to have high level insider sources, everything from the power grid to the grocery store, to the government assistance checks that huge portions of the country depend upon will simply not be there. The result is pure chaos, tragedy and destruction.
That source is “V, the Guerrilla Economist,” who spoke to USA Watchdog’s Greg Hunter after the dire prospect of collapse:
China and others are positioning their currencies to rise with the demise of the petrodollar, which is based around U.S. military hegemony around the world – an empire of illusion that cannot last, and is under threat by the trend of foreign affairs. A global basket of currencies is expected to replace the dollar, but in the meantime, the dollar may become worthless, and people who have no plans or preparations may starve.
“V” claims that an economic crash will not come this year. Instead, it will come in the next two years to 30 months, in the wake of the end of the reign of the dollar. America may become a tragic repeat of the Weimar Republic, as other superpowers (namely, the BRICS nations) fill the void of the once-mighty United States.
…click on the above link to read the rest of the article…
The Shocking Reality: This Chart Shows Just How Bad Unemployment Is Today Compared to The Great Depression
The Shocking Reality: This Chart Shows Just How Bad Unemployment Is Today Compared to The Great Depression
(Desperate Americans stand in soup kitchen lines and look for work. Circa 1929)
While the Obama administration and their mainstream surrogates maintain that the economy is growing at a booming pace, the reality of the situation is starkly different.
According to a report from the Bureau of Labor Statistics some 94.6 million Americans (age 16 and over) are either not working or have made no effort to find a job. With a population of 320 million, that means nearly one in three people in the United States are currently out of work.
The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words they were neither employed nor had made specific efforts to find work in the prior four weeks.
The number of individuals out of the work force last month — due to discouragement, retirement or otherwise — represented a substantial 579,000 person increase over the most recent record, hit in August, of 94,031,000 people out of the workforce.
Curiously, the official unemployment rate remained unchanged at 5.1%, suggesting that some 95% of people actually have jobs.
But as we’ve repeatedly pointed out, that number has been completely skewed over the last two decades as it fails to account for people who have stopped looking for work (because there are no actual jobs available).
According to John Williams of Shadow Stats, if we were to calculate unemployment using the same metrics as we did during the 1930’s, or even the 1980’s, we’d already be in Great Depression territory. Williams, who utilizes a reporting methodology that accounts for “long-term discouraged workers who were defined out of official existence in 1994,” notes that the real unemployment rate is rapidly approaching 25%.
Now compare the above chart to similar measurements from the 1930’s and you’ll see just how bad things really are:
(via Casey Research)
…click on the above link to read the rest of the article…
Should Texas Secede? Texans May Have Ballot Question to “Reassert Its Status As Independent Nation”
Should Texas Secede? Texans May Have Ballot Question to “Reassert Its Status As Independent Nation”
The question of secession on a ballot it is a one. Secession might make a powerful statement to voice defiance government tyranny, but it could also set off sparks.
Now, it appears that the biggest and most independent-minded state in the union might test that question. What happens after that is anyone’s guess.
Regardless, the possibility shows the pulse of the nation:
Texans May Have Secession Question on Republican Primary Ballot
by Joshua Krause at the Daily Sheeple
Aside from voting for whatever politician happens to be the flavor of the month, the Republican voters of Texas may have an additional question to answer for when Super Tuesday arrives next year. If the Texas Nationalist Movement has its way, then the Republican primary ballot may have to ask voters to decide whether or not they think “the state of Texas should reassert its status as an independent nation” and secede from the United States
Much to the chagrin of the Republican party, the Texas independence group is currently gathering signatures for a petition that would place their non-binding question on the ballot. According to the Texas Secretary of State, they will need at least 66,894 signatures, though the organization is shooting for 75,000.
Historically, the Republican Party would have the final say on what goes on their ballot, and they’ve tried to distance themselves from the Texas Nationalist Movement in the past. If the petition succeeds, it would be the first time that an outside group has their referendum placed on the Republican ballot. The group’s president hopes that the vote will get state legislators to take the issue seriously. “Texas and Washington, D.C. are on very different paths, and the people of Texas obviously recognize that…The Texas Nationalist Movement message has been one not of reaction to grievance but one of a future we can build as an independent nation.”
…click on the above link to read the rest of the article…
“Everyone Preparing for the Wrong Outcome”: Schiff Says QE4 is Coming, Not a Rate Hike!
“Everyone Preparing for the Wrong Outcome”: Schiff Says QE4 is Coming, Not a Rate Hike!
The printing presses are firing up all over again… err, at least the digital ledgers are, anyway.
Financial expert and infamous goldbug Peter Schiff was interviewed by Fox Business from the floor of the U.S. Stock Exchange.
Schiff warned viewers that “everyone is preparing for the wrong outcome with the U.S. economy.”
That outcome? The financial world has been waiting with feverish anticipation for “the big day” when the Federal Reserve finally raises interest rates – a quiet move big enough to shift economic tectonic plates.
But contrary to conventional wisdom about when the Federal Reserve will raise interest rates, and thus turn the page on a new era of the economy, Schiff says they can’t and won’t raise rates anytime soon – though they should have several years ago.
It didn’t happen months ago when many expected it. It won’t happen now in September, and likely not for a long time.
Why?
Because the Federal Reserve can’t raise rates without collapsing the bubble economy.
“I was saying they weren’t going to raise rates. Not because they shouldn’t, but because they can’t, because they will prick this bubble economy that they worked so hard to inflate,” Peter Schiff told Fox Business.
Instead of letting certain markets fail as they should have, they were propped up by the Fed. And these zombie banks and businesses have been sucking life out of the real economy – at great expense to average people.
“The economy has never been good. We’ve really been in a recession, I think, for the entirety of the recovery. I think the policies that the Federal Reserve has used to prop up the stock market and the real estate market have hurt the real economy. That’s why things are actually getting worse. But on Wall Street, yeah, things look good. But if the Fed takes away those monetary supports, we’re going to be in a bear market. We’re going to be in a deeper recession. We’re going to resume the financial crisis that was interrupted by this monetary policy.”
…click on the above link to read the rest of the article…
