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Preparing For A Financial Apocalypse: Insiders Are Selling “$600 Million Of Stock Per Day In August”
Preparing For A Financial Apocalypse: Insiders Are Selling “$600 Million Of Stock Per Day In August”
In the U.S., corporate insiders have been selling stocks at an average rate of 600 million dollars per day during the month of August. This kind of wild selling indicates that there is a tremendous amount of fear among corporate insiders right now, and such selling would only make sense if a stock market crash is imminent. And without a doubt, we have already seen volatility return to Wall Street in a major way as our trade war with China has dramatically escalated. Many Americans are hoping that things will start to calm down and that our trade conflict with China can be resolved calmly, because if things take a bad turn many analysts are warning that we could soon be facing the worst financial crisis since 2008. Here is one example…
Remember the brutal sell-off last year when stocks suffered their worst December since the Great Depression? Something worse than that could happen in days, a Nomura analyst said.
Macro and quant strategist Masanari Takada turned heads earlier this month with his bold call for a “Lehman-like” plunge. He’s sticking with this prediction as market sentiment shows no signs of improving, leading him to believe a monster sell-off could arrive this week.
With chilling forecasts like that being thrown around on a regular basis these days, it is understandable that corporate insiders would be tempted to get out of the market, and right now they are racing for the exits at a pace that is absolutely breathtaking. The following comes from CNN…
Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research, which tracks stock market liquidity.
…click on the above link to read the rest of the article…
$1,400,000,000,000 Gone In Less Than A Week – Stock Market In Turmoil As The Trade War Dramatically Escalates
$1,400,000,000,000 Gone In Less Than A Week – Stock Market In Turmoil As The Trade War Dramatically Escalates
Our trade war with China has begun to spiral out of control, and as a result global financial markets have been thrown into a state of turmoil. On Monday, the Dow Jones Industrial Average fell 767 points, and that represented the sixth-largest single day stock market decline in all of U.S. history. To put that into perspective, the biggest single day decline during the financial crisis of 2008 was just 777 points. So what we witnessed on Monday was definitely very serious. And the Nasdaq just got absolutely monkey-hammered as well. On a percentage basis, it was down even more than the Dow was, and it has now fallen for six days in a row. We have not seen a losing streak that long for the Nasdaq since President Trump was elected, and some analysts are convinced that even more chaos is on the way.
Overall, 1.4 trillion dollars in stock market wealth has been completely wiped out in less than a week…
It took just four brutal trading days for a $1.4 trillion wipeout in the S&P 500 stock value. From the Federal Reserve’s disappointing comments on the future of interest rates to President Donald Trump’s surprise tariffs to China’s weaponizing of the yuan, the record-long bull market took a big hit in a relatively short time.
European stocks have been getting clobbered as well. In fact, they just experienced their largest two day decline in three years.
After Trump imposed another wave of tariffs on China at the end of last week, we knew that the Chinese would retaliate. But we expected that the retaliation would be at least somewhat proportional.
Instead, they decided to bring down the hammer.
…click on the above link to read the rest of the article…
America Is Not Going To Be A Free And Open Society Any Longer
America Is Not Going To Be A Free And Open Society Any Longer
Whenever a tragic act of violence makes national headlines, the calls to give up more of our freedoms and liberties in exchange for the promise of increased security become deafening. But if we take another step toward becoming an authoritarian society every time something horrible happens, eventually we won’t have any of the basic liberties and freedoms that previous generations of Americans fought so hard to secure for us. Unfortunately, voices like mine are becoming increasingly rare, and the American people seem to want a society that will shelter them from anything that could possibly go wrong. Of course there has never been such a society in all of human history, and we won’t be able to create one either. No governmental system can eliminate the problem of evil, and bad things sometimes happen to good people. And without a doubt, the mass shootings that we witnessed over the weekend were absolutely horrific. In less than 24 hours, 29 American lives were lost between these two mass shootings, and this has greatly shaken the entire nation…
On Sunday, Americans woke up to news of a shooting rampage in an entertainment district in Dayton, Ohio, where a man wearing body armor shot and killed nine people, including his own sister. Hours earlier, a 21-year-old with a rifle entered a Walmart in El Paso and killed 20 people.
In a country that has become nearly numb to men with guns opening fire in schools, at concerts and in churches, the back-to-back bursts of gun violence in less than 24 hours were enough to leave the public stunned and shaken.
Sadly, these are not isolated incidents. As our society has become less moral, we have seen an escalation of violence all over the country.
…click on the above link to read the rest of the article…
China Is Extremely Angry, And They Now Consider The United States To Be Enemy #1
China Is Extremely Angry, And They Now Consider The United States To Be Enemy #1
Have relations between the United States and China finally reached the point of no return? At this moment, it would be difficult to overstate how angry the Chinese are with the United States. Chinese officials are firmly blaming the United States for the enormous political protests that we have witnessed in Hong Kong in recent weeks, and on Thursday President Trump slapped another round of tariffs on Chinese imports. Sadly, most Americans aren’t even paying much attention to these developments, but over in China everyone is talking about these things. And of course the truth is that they aren’t just talking – the Chinese are absolutely seething with anger toward the U.S., and they aren’t afraid to express it.
Let me give you a perfect example of what I am talking about. One of the most highly respected news anchors in China, Kang Hui, actually used an expletive when referring to the United States during a news broadcast earlier this week. Normally I would never have such language in one of my articles, but this comment made headlines all over the globe, and I think that it is very important for all of us to understand what the Chinese are saying about us. So since this is a news item of critical importance, I have decided not to censor this quote at all. The following comes from the New York Times…
“They stir up more troubles and crave the whole world to be in chaos, acting like a shit-stirring stick,” Mr. Kang said on the usually stolid 7 p.m. national news program on CCTV, China’s state broadcaster. The expletive quickly became one of the most-searched-for phrases on Chinese social media.
…click on the above link to read the rest of the article…
Elizabeth Warren Is Warning That An “Economic Crash” Is Coming
Elizabeth Warren Is Warning That An “Economic Crash” Is Coming
Democratic presidential candidate Elizabeth Warren is sounding the alarm. In an opinion piece that she put out on Monday, she boldly warned that an “economic crash” is coming. Actually, much of her article sounds like it could have come directly from the pages of the Economic Collapse Blog, and her analysis of the current state of the U.S. economy was right on the money. Of course her proposed “solutions” are completely and totally nuts, and we will discuss that later in the article. But it is quite remarkable that a woman that has a really, really good chance of becoming the next president of the United States is saying so many of the exact same things that I have been saying. For example, just consider this paragraph…
When I look at the economy today, I see a lot to worry about again. I see a manufacturing sector in recession. I see a precarious economy that is built on debt — both household debt and corporate debt — and that is vulnerable to shocks. And I see a number of serious shocks on the horizon that could cause our economy’s shaky foundation to crumble.
Everything that she said there is true. The manufacturing sector is definitely slowing down, and without a doubt U.S. households are drowning in debt.
In another paragraph, Warren elaborated on the unprecedented debt problems that U.S. families are currently facing…
A generation of stagnant wages and rising costs for basics like housing, child care, and education have forced American families to take on more debt than ever before. The student debt load has “more than doubled since the financial crisis.” American credit card debt matches its 2008 peak.
…click on the above link to read the rest of the article…
A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes
A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes
Could it be possible that we are on the verge of the next “Lehman Brothers moment”? Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank. In other words, the global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes. For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now. But after what we have witnessed in recent days, many now believe that the end is near for Deutsche Bank. On July 7th, they really shook up investors all over the globe when they laid off 18,000 employees and announced that they would be completely exiting their global equities trading business…
It takes a lot to rattle Wall Street.
But Deutsche Bank managed to. The beleaguered German giant announced on July 7 that it is laying off 18,000 employees—roughly one-fifth of its global workforce—and pursuing a vast restructuring plan that most notably includes shutting down its global equities trading business.
Though Deutsche’s Bloody Sunday seemed to come out of the blue, it’s actually the culmination of a years-long—some would say decades-long—descent into unprofitability and scandal for the bank, which in the early 1990s set out to make itself into a universal banking powerhouse to rival the behemoths of Wall Street.
These moves may delay Deutsche Bank’s inexorable march into oblivion, but not by much.
…click on the above link to read the rest of the article…
“Due To A Poor Harvest Season, We Are Experiencing Shortages On Many Of Our Canned Vegetable Items”
“Due To A Poor Harvest Season, We Are Experiencing Shortages On Many Of Our Canned Vegetable Items”
I know that this headline is alarming, but it is actually a direct quote from a notice that was recently posted in a Kroger supermarket. And as you will see below, similar notices are being posted in the canned vegetable sections of Wal-Mart stores nationwide. I would encourage you to examine the evidence in this article very carefully and to come to your own conclusions about what is happening. At this moment, social media is buzzing with reports of shortages of canned vegetables all around the country. But so far, the mainstream media is being eerily quiet about all of this. Is there a reason why they aren’t saying anything? For months, I have been reporting on the extremely bizarre weather patterns that are causing crop failures all over the planet. But I certainly did not expect that we would already begin to see product shortages on the shelves of major U.S. supermarkets this summer. What I am about to share with you is shocking, but the truth needs to get out. For those that share my articles on your own websites, I know that all of the images in this article are going to be an inconvenience, but it is imperative that you include them when you republish this article because they tell a story. All of the images are taken directly from Facebook, and they prove that we are now facing a nationwide shortage of canned vegetables.
So let’s get started.
This first image was posted on Facebook by Scott L. Biddle, and it shows a “product shortage” notice that was posted in the canned vegetable section of a Wal-Mart in Tennessee…
…click on the above link to read the rest of the article…
Shocking Before And After Photos Reveal The Truth About The Widespread Crop Failures The U.S. Is Facing In 2019
Shocking Before And After Photos Reveal The Truth About The Widespread Crop Failures The U.S. Is Facing In 2019
Torrential rains have been hammering the heartland of America for months, and at this point vast stretches of farmland in the middle of the country are nothing but mud. As a result of the endless rain and unprecedented flooding that we have witnessed, millions of acres of farmland will have nothing planted on them at all in 2019, and that is a major national crisis. But most farmers were able to get seeds planted in the deplorable conditions, and now they are desperately hoping that something will actually grow. Unfortunately, on farm after farm what is coming out of the ground looks absolutely terrible. Even if we get ideal weather conditions for the rest of the summer, there is no way that many of these fields will be ready before the first hard frost arrives. As you will see below, the truth is that we are potentially facing the most widespread crop failures in all of U.S. history.
This is the biggest news story in America so far this year, and the mainstream media is finally starting to understand the gravity of what we are facing. Just consider the following quote from a recent Quartz article…
The stories across the Midwest are wrenching. Scrolling through the #NoPlant19 hashtag turns up dozens of posts about farmers staring out at soggy fields or farm equipment foundering in deep mud. It’s likely many will see their harvests devastated this year, and global grain prices could spike.
But of course a picture is worth a thousand words, and so let me share a before and after photo that a farming couple in Indiana named Kyle and Tori Kline recently shared on Facebook…
…click on the above link to read the rest of the article…
President Trump: Please Find A Way To Stop World War 3 From Erupting In The Middle East
President Trump: Please Find A Way To Stop World War 3 From Erupting In The Middle East
The moment that I heard that a U.S. Navy high altitude drone had been blown out of the sky by Iran, I realized that a very important threshold had just been crossed. We now find ourselves on the brink of World War 3, and one wrong move could unleash death and destruction on a scale that most of us don’t even want to think about. We have reached one of the most critical junctures in modern American history, and the key decisions will be made by just one man. When Donald Trump initially ran for president, he promised to stop the endless wars in the Middle East, but now we are potentially facing the biggest one of them all. More than 80 million people live in Iran, they have a highly sophisticated military, and they have been preparing for a military confrontation with the west for a very long time.
When the media asked President Trump about a possible military response to the drone being shot down, Trump responded by telling the assembled reporters “you’ll soon find out”. The following comes from a USA Today article entitled “A US attack could be imminent after Iranians shoot down drone over international waters”…
Hours after Iran announced that it shot down a U.S. drone, President Trump told journalists at the White House, “You’ll soon find out” if the U.S. is planning a strike on Iran in retaliation.
“They’re going to find out they made a very big mistake,”Trump added, in comments that came as he met with Canadian Prime Minister Justin Trudeau.
Needless to say, those words have led many to speculate that military action against Iran could come very quickly.
In addition, it is being reported that military officials gathered at the White House on Thursday to discuss various military options…
…click on the above link to read the rest of the article…
Evidence That The U.S. Economy Could Be Plunging Into A Very Deep Recession Is Rapidly Mounting
Evidence That The U.S. Economy Could Be Plunging Into A Very Deep Recession Is Rapidly Mounting
Not since 2008 have we seen so much bad economic data come rolling in all at the same time. Even without a war with Iran, which by the way is looking increasingly likely with each passing day, it definitely appears that the U.S. economy is steamrolling toward recession territory. The employment numbers for last month were abysmal, global trade has collapsed to the lowest level that we have seen since the last recession, and manufacturing numbers just keep getting worse and worse. In fact, the New York Fed’s Empire State manufacturing index just suffered the worst one month decline in history…
The New York Fed’s Empire State business conditions index took a sharp turn for the worse in June, falling into negative territory for the first time in more than two years.
The Empire State manufacturing index plummeted 26.4 points to negative 8.6 in June, the New York Fed said Monday. That’s a record decline. Economists had expected a reading of positive 10, according to a survey by Econoday.
Not even during the last recession did we witness a plunge of that magnitude.
And other measures of U.S. manufacturing activity are also “sinking steadily”…
And it’s not the only indicator showing a turn for the worse: Others, including the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey, have also been sinking steadily.
When you step back and look at the big picture, it becomes quite clear what is happening.
At this point, it is simply not possible for anyone to credibly claim that the U.S. economy is still in good shape. All of the numbers are pointing in the same direction, and Morgan Stanley’s chief US equity strategist Michael Wilson made this point exceedingly well on Monday…
Decelerations and disappointments are mounting:
…click on the above link to read the rest of the article…
‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?
‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?
According to a shocking new report from the Commonwealth Fund, the suicide rate in the United States is the highest that it has ever been before. Sadly, the same thing can be said about the death rates from drug overdoses and alcohol. All three death rates are at an all-time record high, and yet our society is still fairly stable at the moment. So if we are seeing this many “deaths of despair” right now, what in the world are things going to look like when our society really begins to start crumbling? Today, Americans have literally thousands of different ways to entertain themselves, and yet we have never been unhappier. One out of every six Americans is taking psychiatric drugs, we are currently dealing with “the worst drug crisis in American history”, and people are killing themselves in record numbers. Nobody likes to be told that they are a failure, but it certainly appears that our nation has been on an extremely self-destructive path for a very long time.
Even though “deaths of despair” have reached record levels, the researchers at the Commonwealth Fund found that there are major regional differences. The following comes from NBC News…
Rates of deaths from suicides, drug overdoses and alcohol have reached an all-time high in the United States, but some states have been hit far harder than others, according to a report released Wednesday by the Commonwealth Fund.
As far as drug overdose deaths are concerned, researchers discovered that the states with the highest death rates were all in northern Appalachia…
…click on the above link to read the rest of the article…
U.S. Farms Are Facing Their Worst Crisis In A Generation – And Now Here Comes Another Monster Storm
U.S. Farms Are Facing Their Worst Crisis In A Generation – And Now Here Comes Another Monster Storm
The combination of the wettest planting season in U.S. history, a catastrophic trade war with China and economic conditions that are brutal for small farms has produced a “perfect storm” for U.S. farmers. Farm bankruptcies have already risen to the highest level in 7 years, but many expect that they will soon surge to all-time record highs. Due to the incredibly wet weather, millions upon millions of acres of prime U.S. farmland will not be planted with crops at all this year. And millions of acres that do get planted will yield a lot less than usual because of the wretched conditions. Meanwhile, the U.S. will export far less corn and soybeans than usual this year due to our trade conflicts with China and Mexico. With much less international demand, U.S. farmers are going to have an increasingly difficult time trying to make a profit on anything they are able to grow. In the end, thousands of farmers will not be able to recover from this crisis and will be forced out of the industry for good.
According to USA Today, “a near biblical parade of misfortune” has created “the worst farm crisis since the 1980s”…
American farmers already plagued by a near biblical parade of misfortune that includes years of low prices and a trade war with China are now grappling with record Midwest rain that will likely prevent a large portion of this year’s crop from even getting planted.
The troubles have created the worst farm crisis since the 1980s, when oversupplies and a U.S. grain embargo against the Soviet Union forced thousands of farmers into bankruptcy, experts say.
So we can definitely say that this is the worst farm crisis in a generation, but the truth is that this crisis is far from over.
…click on the above link to read the rest of the article…
American Soil Is Being Globalized: Nearly 30 Million Acres Of U.S. Farmland Is Now Owned By Foreigners
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.
Prior to seeing the headline to this article, how much U.S. farmland would you have guessed that foreigners now own?
Personally, I had no idea that foreigners now own nearly 30 million acres. The following comes from NPR…
American soil.
Those are two words that are commonly used to stir up patriotic feelings. They are also words that can’t be be taken for granted, because today nearly 30 million acres of U.S. farmland are held by foreign investors. That number has doubled in the past two decades, which is raising alarm bells in farming communities.
How did we allow this to happen?
And actually laws regarding land ownership vary greatly from state to state. Some states have placed strict restrictions on foreign land ownership, while in other states it is “a free-for-all”…
…click on the above link to read the rest of the article…
Crop Catastrophe In The Midwest – Latest USDA Crop Progress Report Indicates That A Nightmare Scenario Is Upon Us
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.
You can view the latest USDA crop progress report right here. According to that report, corn and soybean production is way behind expectations.
Last year, 78 percent of all corn acreage had been planted by now. This year, that number is sitting at just 49 percent.
And the percentage of corn that has emerged from the ground is at a paltry 19 percent compared to 47 percent at this time last year.
We see similar numbers when we look at soybeans.
Last year, 53 percent of all soybean acreage had been planted by now. This year, that number has fallen to 19 percent.
And the percentage of soybeans that have emerged from the ground is just 5 percent compared to 24 percent at this time last year.
In other words, we are going to have a whole lot less corn and soybeans this year.
Farmers in the middle of the country desperately need conditions to dry out for an extended period of time, but so far that has not happened.
…click on the above link to read the rest of the article…
The Pentagon Asks Trump To Send Thousands Of U.S. Troops To The Middle East As Tensions With Iran Continue To Rise
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…
The Pentagon is slated to request several thousand more U.S. troops be deployed to the Middle East amid escalating tensions with Iran, a senior U.S. defense official told Fox News on Wednesday.
No decision has been made, and it was not clear if the White House would give its blessing. The deployment could also include Patriot missile batteries and naval ships.
The more military assets that we send to the Middle East, the more anxiety Iranian leaders are going to feel, and the more likely it will become that the Iranians will decide that they must make a move before it is too late.
…click on the above link to read the rest of the article…
