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Stocks Post WORST April Start Since The Great Depression
Stocks Post WORST April Start Since The Great Depression
The S&P 500 closed down more than 2.4% Monday and the broad market index posted its worst April start since 1929. This slide in the markets caused the worst start since the Great Depression, sparking fears we are on the same path.
The Dow Jones industrial average fell 1.9 percent (or 458 points) as China’s retaliatory tariffs against United States agricultural goods stoked fears of a global trade war. Dow stocks with large international markets now exposed to global tariffs such as Boeing and 3M, led the decliners.
Many market analysts have predicted we will live through another Great Depression,and Peter Schiff says this next one will be far worse than one our ancestors lived through. “The bad news is, we are going to live through another Great Depression and it’s going to be very different. This will be in many ways, much much worse, than what people had to endure during the Great Depression,” Schiff says. “This is going to be a dollar crisis.”
“The Fed thinks they create economic growth…by [saying] ‘let’s jack up the stock market and then the economy’s going to grow and people are going to go out and spend more money.,’” says Schiff. “It’s actually doing damage. If you create a bunch of phony wealth, and people end up spending money that they otherwise would have saved, you are undermining economic growth.”
And Schiff, who accurately predicted the 2008 recession, has now predicted the dollar crisis. The dollar is now in a downward spiral thanks to China’s petro-Yuan.
Bespoke Investments Co-Founder Justin Walters, who also noted the historic nature of the close, said in an email that equity fears aren’t likely to abate until earnings arrive. “Based on recent market action, the bears clearly have control right now,” Walters wrote. “The path of least resistance is lower until something comes along to reverse that trend.”
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Peter Schiff: There’s A BIG Problem With The Economy, ‘Americans Are BROKE’
Peter Schiff: There’s A BIG Problem With The Economy, ‘Americans Are BROKE’
Financial analyst Peter Schiff says there’s a big problem with the economy even though the mainstream media is reporting that rising interest rates are a good thing. The problem, however, is that Americans are broke, and those interest rates could have a major impact on some of our wallets.
“The bad news is, we are going to live through another Great Depression and it’s going to be very different. This will be in many ways, much much worse, than what people had to endure during the Great Depression,” Schiff says. “This is going to be a dollar crisis.”
“When you are talking about the magnitude of the debt we have, that extra money [raising interest rates] is big. That’s going to be a big drain on the economy to the extent that we have to pay higher interest to international creditors…a lot of this phony GDP is coming from consumption, while the average American who is consuming is deeply in debt and they are going to impacted dramatically in the increase in the cost of servicing that debt…given how much debt we have, and how much debt is going to be marketed the massive increase in supply will argue for interest rates that are higher.” –Peter Schiff
Retail sales “unexpectedly” fell again in February even though most media outlets are touting a booming economy that can support raising the interest rates. It was the third straight monthly drop and the first time the US economy has seen three straight months of declining retail sales since 2012.
Sales fell 0.1% in February even though analysts had expected an uptick of 0.3%.According to CNBC,households cut back on purchases of motor vehicles and other big-ticket items, pointing to a slowdown in economic growth in the first quarter. But Peter Schiff won’t sugarcoat this one for us: Americans are broke.
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Facebook Can STILL TRACK YOU Even If You Delete Your Account
Facebook Can STILL TRACK YOU Even If You Delete Your Account
Facebook’s latest scandals involving Cambridge Analytica and Barack Obama’s campaign team allowed to break the user rules is prompting many to ponder whether deleting their Facebook account is the right move. But Facebook can still track you even if you delete your account.
By connecting your Facebook profile to a third-party app, you’re typically also granting that app permission to access your data. You can check which apps your Facebook account is sharing data with by clicking here.
That includes your name, profile picture, cover photo, gender, networks, username and user ID. These apps can also access your friends list and any other public data. Once the outside parties have access to your data, they can then use it to track different types of activity.
Many popular apps such as Instagram, Spotify, Airbnb, and Tinder can be connected to your Facebook account. Just weeks ago, for example, MoviePass CEO Mitch Lowebragged that the company stores “an enormous amount of information” about users, and even tracks where they go after the movie has ended. MoviePass is also among the many apps that can be connected to your Facebook. And that’s just the beginning.
According to The Daily Mail, taking Facebook quizzes from third-party services, or doing image generators (such as the ever-popular “What Would Your Baby Look Like”, or “What Would You Look Like As The Opposite Sex”), also often gives outside firms access to your data. While these are usually preceded by a pop-up asking permission to access certain parts of your profile, many users have taken to clicking through without thoroughly reading what they’ve just agreed to. Some users are now expressing their horror upon realizing they’ve granted permission to hundreds of third-party apps. Other apps that have experienced viral popularity over the last few years, such as Facetune and Meitu, can access your Facebook data as well.
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What Do They Know That We Don’t? DC Officials Flock To Doomsday Camps
What Do They Know That We Don’t? DC Officials Flock To Doomsday Camps
Washington D.C. government officials are flocking to doomsday camps around the country. Which of course begs the question: what do they know that we do not?
According to the Washington Examiner, a building network of backwoods doomsday camps around the country are pulling in members from affluent areas and even Washington national security officials as the threats grow from nuclear war, an EMP (electromagnetic pulse), or virus attack. Dubbed Fortitude Ranch, the outposts promise protection and a year’s supply of food for those unable to build their own bunker with preparations for a SHTF scenario. What’s more, until a crisis strikes, the doomsday camps are being used for prepper training and vacations.
One of Fortitude Ranch’s members from the Baltimore area said that he and others joined after “waking up” to the potential of a national crisis from an attack, financial meltdown, or political violence. “For most of us, something rattled our cages and woke us up,” he said.
“We’re seeing members from all the three letter agencies,” said Fortitude creator Drew Miller, a retired Air Force colonel, and intelligence officer, in a reference to the Central Intelligence Agency, Defense Intelligence Agency, Federal Bureau of Investigation and more. Miller called an attack or even a weather-related electromagnetic pulse shutdown of the electric grid “inevitable,” and a driving force in his project.
Prepping has offered many a sense a freedom none of us have anymore. No longer needing the government for anything, preppers can survive most scenarios that will leave many others begging for their slavery again and in return, for the government to give them abject poverty in exchange.
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Facebook ‘Hid Webpages’ And Bragged About Ability To Influence Elections
Facebook ‘Hid Webpages’ And Bragged About Ability To Influence Elections
While many leftists in the United States are still screeching about “election meddling” by Russia, they may want to take a long look at Facebook. The social media giant actually hid webpages and bragged about its ability to influence elections.
According to The Intercept, when Mark Zuckerberg was asked if Facebook had influenced the outcome of the 2016 presidential election, the founder, and CEO dismissed the notion that the site even had such power as “crazy.” It was a disingenuous remark. Facebook’s website had, in fact, an entire section devoted to touting the “success stories” of political campaigns that used the social network to influence electoral outcomes. That page, however, is now gone, even as the 2018 congressional primaries get underway.
On the heels of a public reckoning with Facebook’s unparalleled ability to distribute information, obvious censorship, and global anxiety over election meddling, bragging about the company’s ability to run highly effective influence campaigns (propaganda campaigns) probably doesn’t look very good for Facebook.
The social media giant’s “success stories” page is a monument to the company’s dominance of online advertising. It provided users with examples from almost every imaginable industry of how the use of the social network gave certain players an advantage. “Case studies like these inspire and motivate us,” the page crows. Current examples include CoverGirl (“promoting a beauty brand makeover with video ads on Facebook and Instagram”) and Tropicana (“Facebook video ads elevate fruit juice brand awareness”). Not so controversial…anymore. Because Facebook hid the part where they influenced elections.
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The Public Fears An Eruption At Yellowstone: ‘Spate Of Tremors’ Reported
The Public Fears An Eruption At Yellowstone: ‘Spate Of Tremors’ Reported
Laying underneath the tranquil and beautiful geysers, waterfalls, and mountains of Wyoming lies the Yellowstone caldera. The supervolcano has been worrying some for decades, but now experts fear an eruption could happen soon after reporting a “spate of tremors.”
According to WMD, a spate of four mini-tremors in the area following a period of “rest” has raised fears among some that the supervolcano is about to blow. Although the Yellowstone supervolcano hasn’t erupted for 631,000 years, scientists have been diligently working to understand the last eruption so they can more accurately predict when a big one will happen again.
The most recent quake came on March 11 when a small 1.5 tremor took place beneath the surface. The strongest one, a 1.8 magnitude earthquake, came just hours before this, and people are concerned that Yellowstone could be about to blow.
The growing concern among the public is evident, but many scientists still say the activity at the supervolcano is perfectly normal. Tom Skilling, a meteorologist for WGN News, a local news site in Chicago, explains that is it normal for the volcano to have less active weeks. “Minor earthquakes occur in the Yellowstone area 50 or more times per week, but a major eruption is not expected in the foreseeable future.”
Yellowstone is one of the most seismically active areas in the world and there are regular earthquakes detected in and around the supervolcano. This latest spate of tremors follows a period in February where more than 200 small tremors detected were detected over a period of 10 days. According to experts with the US Geological Survey, that swarm began on February 8 in a region roughly eight miles northeast of West Yellowstone, Montana and increased dramatically in the days following.
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Humanity’s WIPEOUT Foreshadowed? World Health Chief: Global Pandemic Imminent
Humanity’s WIPEOUT Foreshadowed? World Health Chief: Global Pandemic Imminent
According to a World Health Organization doctor, a global pandemic is imminent, and no one will be prepared for it when it hits. Dr. Tedros Adhanom, director-general for WHO, has said that the next outbreak that will hit us will be a “terrible” one, causing a large death all over the world.
“Humanity is more vulnerable in the face of epidemics because we are much more connected and we travel around much more quickly than before,” said WHO specialist in infectious diseases Dr. Sylvie Brand. “We know that it is coming, but we have no way of stopping it,” said Brand. According to Dr. Tedros, the flu is extremely dangerous to everyone living on the planet. This fear was also promoted by experts at the World Economic Forum in Davos, Switzerland last month.
The claims came exactly 100 years after the 1918 Spanish flu that claimed 50 million lives and killed three times as many people as World War I. A mutated strain is the most likely contender to wipe out millions because it can join together with other strains to become deadlier.
“This is not some future nightmare scenario. A devastating epidemic could start in any country at any time and kill millions of people because we are still not prepared. The world remains vulnerable. We do not know where and when the next global pandemic will occur, but we know it will take a terrible toll both on human life and on the economy,” said Dr. Tedros.
“Hidden underneath this fear-mongering message of a global pandemic is a far more sinister W.H.O. agenda,” warns Mike Adams, the Health Ranger, publisher of Medicine.news. “The real agenda is a global push for blind, fear-based acceptance of unsafe, unproven vaccines that will be rolled out alongside the next global pandemic,” Adams warns. “Fear circumvents rational thinking, which is why the vaccine-pharma cartels routinely turn to irrational fear propaganda to demand absolute and unquestioning acceptance of risky medical interventions that should always be scrutinized for safety and efficacy.” –Natural News
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Prepare for War: Globalism, Socialism, and Communism vs. Freedom
Prepare for War: Globalism, Socialism, and Communism vs. Freedom
“Peace Sells, But Who’s Buying?” – Megadeath
“SI VIS PACEM PARA BELLVM.” (If you wish peace, prepare for war) PVBLIVS FLAVIVS VEGETIVS RENATVS (aka: “Vegetius”)
“Peace through superior firepower.” – former President Ronald Reagan
***
History: It repeats itself and is consistently ignored before it does so. Ignored are the elements that lead up to the repeated event, although they blossom akin to flowers right before the eyes. One of the problems is doubting it, the “doubting” that the event is happening…is really happening. One of the elements that leads to that doubt is the event transpires almost imperceptibly, with such incremental slowness that it is not recognized as a single event that is happening.
In this case we are talking about the conversion of our society in the United States to full-blown dictatorship or a complete loss of rights guaranteed under the Constitution…such a loss that eventually leads to a dictatorship or a tyrannical, oppressive government. History shows us, and we ignore it.
The Founding Fathers have been degraded and ridiculed by the new society the media and their Communist masters are creating. Their mortal weaknesses are upheld at every chance in substitution for the enormity of the sacrifices they made to form the basis for our nation’s government. The Constitution of the United States of America took more than 11 years to create.
These Communists would have you believe that the Founding Fathers were a pack of illiterate morons who could not control their own lascivious appetites…who owned slaves and were elitists. These Communists have been infiltrating the United States for a hundred years…destroying the moral fabric of our society by destroying the family. The Communists infiltrated our government and camouflaged themselves with the names “Liberal” or “Progressive,” or some (such as Bernie Sanders) declaring softly, “I’m a Socialist.”
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Peter Schiff: ‘We Will Live Through Another Great Depression Which Will Be MUCH MUCH WORSE’
Peter Schiff: ‘We Will Live Through Another Great Depression Which Will Be MUCH MUCH WORSE’
Financial guru Peter Schiff, who accurately predicted the recession of 2008, says the problems we face now are even bigger. We will live through another Great Depression if Schiff is correct. And one of the main concerns is something very few dare to even mention or show a concern about: the national debt.
Schiff’s podcast from a few days ago highlights a very important problem with not only the economy as we know it but the mainstream media as well. Unable to take their attention off gun control regulations for even a moment to focus on a much bigger concern, the national debt, the mainstream media is effectively trying to hide what’s coming down the pipe. The lack of coverage seems to be spurring a lackadaisical attitude about the almost $21 trillion debt.
Let’s start at the beginning. Schiff begins his podcast talking about a book his father wrote; one of the only books to have been banned by the United States government. Yes, the US government banned a book titled “The Federal Mafia: How It Illegally Imposes And Unlawfully Collects Income Taxes” by Irwin Schiff in the “land of the free.”
“The bad news is, we are going to live through another Great Depression and it’s going to be very different. This will be in many ways, much much worse, than what people had to endure during the Great Depression,” Schiff says. “This is going to be a dollar crisis.”
“These hot inflation numbers that we’ve been getting are going to get a lot hotter…all this inflation that has been in the financial markets, in the stock markets, in the bond market, in the real estate market, everybody loved inflation when it was making you rich…the problem is going to be when it makes you poor.
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Ron Paul: ‘The Fed Is At A Crossroads…Crisis Is Coming’
Ron Paul: ‘The Fed Is At A Crossroads…Crisis Is Coming’
The Fed has created a mountain of problems for everyone in the United States and every single solution that they come up with leads to even more problems. Ron Paul recently discussed what the Fed has done, how it tries to keep things going, and the inevitable economic crisis that is coming.
Ron Paul has been one of the few steadfast proponents of liberty, which is likely why he’s no longer associated with the government at all. In a recent video, Paul discussed the problems the Federal Reserve created and why their solutions will generate an economic crisis of epic proportions.
“They [The Fed] have a lot of power, but their main goal is to do central economic planning which always fails. It’s also a gimmick because they have meetings, they are supposed to have eight a year, and then there’s a big announcement…they come out and they make a statement and the chairman is interviewed, and then, later on, you get the minutes. It’s big fanfare. But I see it as mostly propaganda, just carrying a message. Getting it from the people who really run things, the deep state, and they get it out there. But it does have a lot of effect on the market. I actually believe that there are some people who know how fictitious the Fed really is and how inept it is, but still watch it because they know a lot of other people are going to pay attention…the deep state is not a part of the government, but they have a lot of influence.”
Paul went on to explain that often we are told it’s not right to criticize the Fed. But that will change.
…click on the above link to read the rest of the article…
World War 3? Pakistan Vows REVENGE On India After Attack
World War 3? Pakistan Vows REVENGE On India After Attack
As the world quietly goes about their business, Pakistan has vowed to get revenge on India after an attack. The tensions between the two nations are quickly spiraling out of control leading many to wonder if World War 3 will break out in the area soon.
According to the Express UK, the devastating attack from India along the contested border known as the Line of Control (LoC) as tensions between the two South Asian nations flare, a retired soldier has claimed. The LoC splits the region of Kashmir, with Pakistan owning one side and India, the other. The region of Kashmir has beencontested by both countries for decades causing high levels of tensions between the neighboring states.
Fayaz Ahmad, a politician from the Kashmir region of India, stated that announcements were made over some loudspeakers on the Pakistan side of Balakote that have declared acts of “retaliation” will take place. “They said that India has killed many of our soldiers, we will take revenge for it after we bury our dead today. People are advised to take safety precautions,” said Ahmad.
Another resident in the region, Naseer Ahmad, spoke of “bombs exploding” and bullets being fired in the midst of heavy shelling. “All one could hear was the sound of bullets hitting tin or bombs exploding. The firing continued from morning till evening. We could see smoke from the hills around us. We are stressed. We don’t know what will happen when it will stop,” said the resident.
On Sunday New Delhi said that Pakistan had been “punished” for its “misadventure”, according to Brigadier Y.S Ahlawat of the Indian Army. “In a befitting reply, the Indian Army has retaliated accurately with heavy fire on the Pakistani posts which were involved in ceasefire violations,” Ahlawat said.
…click on the above link to read the rest of the article…
Money Manager: ‘The Chaos Coming To The Markets Is Here’
Money Manager: ‘The Chaos Coming To The Markets Is Here’
Money manager Michael Pento says that profound chaos surrounding the economy is coming. The insolvency is becoming clear, and soon, we will no longer be able to sweep the problem under the rug.
Sitting down with USA Watchdog’s Greg Hunter, Pento discussed the chaos people predicting in the markets and says that it’s already here. Pento is the author of the book titled The Coming Bond Market Collapse, as well as a financial expert and he says the media is lying when they say the economy is doing well.
“There are so many things that can go wrong with rising interest rates. First of all, you have to understand that the permabulls that you hear on CNBC will tell you there is nothing wrong with rising interest rates. It is a symbol of growth. If you look at industrial production and retail sales for January, they were negative. So, rising rates are occurring, not because of growth, they are caused by insolvency concerns. That is the key metric here, and they are credit risks and insolvency concerns.”
“For the first time in 40 years, you are going to have bond prices and equity prices in free-fall. That happened in the 1970’s, but it’s going to be worse because in the 1970’s, you didn’t have an insolvency concern. . . The chaos coming to markets is here. It’s not going away, and it’s not going to be brushed under the rug. It’s not going to stay on the sidelines for another few years. The years from 2007 to 2017 were the years central banks were buying everything. There was no volatility, and stocks just went up. Those days have ended, and the volatility is only going to become much more profound.”
Hunter then asks Pento to explain who is insolvent. The answer isn’t calming in the least.
…click on the above link to read the rest of the article…
China: Testing Ground for U.S. Surveillance
China: Testing Ground for U.S. Surveillance
There is little doubt for most of us that the recent shootings in Florida were not merely a “spontaneous, random event,” precipitated by one individual. At the very least, if Cruz (the alleged shooter) was a “lone wolf,” then the Deep State and those who back it in the Congress are going to exploit it. They will not allow such a crisis to go to waste. Now a new “crusade” is forming by the Statists for gun control.
They know: once they control the guns, the gulags can follow.
Indeed, the Democrats have just announced they will submit “reforms” totaling more than 100 pages on gun control. It has been announced that all 49 Democrats of the Senate will be in lock step with this one. Is McCain counted among that number? Taking the guns away from the citizens is just one part of the equation. The other part (equally as sinister) is the ubiquitous state of surveillance that is being emplaced throughout the United States.
China is the “testing ground.” If it works in China, the Statists are convinced it will also work in the United States in the future…when they intend to unveil it. We have already seen drastic measures being taken with bills that include biometric passports with more difficulty for American citizens to leave than for anyone to enter. That is because citizens are subjects, and we pay the monstrous taxes…the highest of any country in the world…to keep us impoverished, keep us on the treadmill, keep the system going…the infallible system, that of the existing social, political, and economic order.
Popular Science writer Rob Verger just released an article on 2/8/18 entitled Chinese Cops are Using Facial-Recognition Sunglasses: Here’s How that Tech Works, that bears reading.
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False Flag Potential in the Middle East: Iran, Syria, and Israel
False Flag Potential in the Middle East: Iran, Syria, and Israel
Their End Goal for We the People: “I am the State…the State is all!”
(“Quarlo” from “The Outer Limits,” episode “Soldier”)
History does repeat itself; if not identically, then in identical circumstances and events in different nations. History also does not just “happen,” as there are powerful forces at work in every nation. False flags have been used throughout human history: politicians and oligarchs initiate them to follow a hidden agenda. Too often the masses become the “True Believer” of Eric Hoffer. Worked up into a patriotic frenzy, they charge into the fray…little understanding that the great war or the great crusade is orchestrated by smiling bankers and nabobs, securely “in the rear with the gear,” sending men out to die to attain their secret objectives.
In this vein, consider that the Military Industrial Complex (MIC) is not limited to American White Anglo-Saxon Protestants of the United States, but a “conglomerate” of independent nations with the ability to wage war, sustain it, and sell arms. Each independent nation has their own “MIC” but they freely exchange goods and services (what we call arms and “negotiated” conflicts). They march to their own beat but allow themselves to be “guided” by the politicians, the oligarchs (who may or may not actively own industries in the MIC), and the bankers.
The lessons learned by history with the Rothschilds banking family as an example shows how one group of bankers can leverage both sides in a war between two different nations and profit no matter what the outcome. Make no mistake: this has not changed, and if anything, it has become even more “specialized” with private contractors waging wars on behalf of governments…the business of war, sanctioned with the (un)holy “blessing” of a nation-state (or an “actor” or “partner” as they’re now ludicrously termed).
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Solar Storm Will Strike Earth Tonight, ‘Weak Power Grid Fluctuations’ Possible
Solar Storm Will Strike Earth Tonight, ‘Weak Power Grid Fluctuations’ Possible
The NOAA Space Weather Prediction Center forecasts an aurora could light up the sky above areas in the United State including Michigan and Maine. A solar storm, which occurred Monday, is expected to strike Earth tonight.
On Monday, the sun spit out a slew of charged particles in a moderate solar flare. These particles are now making their way towards Earth. The planet’s magnetic field will block most of the particles, but some will make it into Earth’s atmosphere. The particles collect at the north and south poles and interact with atmospheric gases to create the aurora borealis or the Northern Lights. And some say this show could be quite spectacular.
Solar flares have been known to cause power grid failures, but it looks like we’ll only get the light show this time. Although a grid failure is possible, it is unlikely.
According to Seeker, the forecast calls for a high probability of a G-1 or “minor” storm, which could strengthen to a G-2 or “moderate” storm depending on how the stream of particles hit the Earth. Geomagnetic storms are ranked on a scale, with G at the bottom, R in the middle, and S as the most severe. Forecasts now say the particles will give our planet a glancing blow.
Although this storm has been categorized as “G-1,” which means it is minor, it could still cause some havoc down on Earth. Solar flares and particle ejections are associated with sunspots — dark areas on the sun’s surface — that host intense magnetic activity. As the magnetic fields in a sunspot cross, NASA stated, this can cause a sudden energy explosion, also known as a solar flare. This sends radiation out into space, and that radiation can be hurled toward the Earth.
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