Pity the Nation: War Spending Is Bankrupting America

Pity the Nation: War Spending Is Bankrupting America By John W. Whitehead “Pity the nation whose people are sheep And whose shepherds mislead them Pity the nation whose leaders are liars Whose sages are silenced And whose bigots haunt the airwaves Pity the nation that raises not its voice Except to praise conquerors And acclaim the bully as hero And aims to rule the world By force and by torture… Pity the nation oh pity the people who allow their rights to erode and their freedoms to be washed away…”…

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Practical Prepping for Financial SHTF Scenarios

Practical Prepping for Financial SHTF Scenarios By Stefan Gleason Preppers – the sort of people who build bunkers, stockpile supplies, and bear arms – aim to survive “SHTF” scenarios. When war breaks out, when the power grid goes down, when the banks fail, when the U.S. dollar collapses, when social unrest spreads, when the stuff hits the fan… will you be prepared? Risks are rising. The Bulletin of the Atomic Scientists maintains a “Doomsday Clock.” For 2019, it “sets the Doomsday Clock at two minutes to midnight—the closest it has…

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18 Really Big Numbers That Show That The U.S. Economy Is Starting To Fall Apart Very Rapidly

18 Really Big Numbers That Show That The U.S. Economy Is Starting To Fall Apart Very Rapidly By Michael Snyder Virtually every piece of hard economic data is telling us that the U.S. economy is slowing down dramatically.  Many of the pundits have been warning that we could officially enter recession territory later this year or next year, but these numbers seem to indicate that it could happen a whole lot sooner than that.  But the stock market has been surging over the last two months, and at this point…

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California Nightmare: Over Half Of The People Living In The State Wish They Could Leave

California Nightmare: Over Half Of The People Living In The State Wish They Could Leave By Michael Snyder This just shows what can happen when you let crazy people run a state for several decades.  In the 1960s and 1970s, the possibility of moving to the West Coast was “the California dream” for millions of young Americans, but now “the California dream” has turned into “the California nightmare”. According to a brand new survey, 53 percent of those living in California are considering leaving the state, and there are certainly…

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Housing Market Crash 2.0: The Jury is in for 2018-2019

Housing Market Crash 2.0: The Jury is in for 2018-2019 By David Haggith As happened with the first housing market crash that began in 2007 but didn’t become widely recognized until mid-2008, the present housing crisis began exploding one story at a time last summer, and this blog was perhaps the first to state that summer’s change was the turning point from decades of ascent into a collapse in housing sales and prices. I said the same thing back in 2007, and people didn’t believe me then either. The present…

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Amid Civil Unrest, Internet Shutdowns are Making Zimbabwe’s Economic Crisis Worse

Amid Civil Unrest, Internet Shutdowns are Making Zimbabwe’s Economic Crisis Worse By Kudzai Chimhangwa Following the January 12 declaration of an official fuel price hike in Zimbabwe, civil unrest and political paranoia has rocked the nation. President Emmerson Mnanagagwa announced that fuel prices at $1.30 USD per liter would go up by 150 percent, making Zimbabwe’s fuel among the most expensive in the world. The next day he left for a five-day tour of Russia and Eastern Europe, purportedly in search of investment deals. Chaos and anarchy broke out the…

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A Surprise Announcement Has Just Unleashed Another Wave Of Panic On Wall Street

A Surprise Announcement Has Just Unleashed Another Wave Of Panic On Wall Street By Michael Snyder Well, that sure didn’t take long.  Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized.  In fact, a surprise announcement by Apple has just sparked another wave of panic selling on Wall Street.  In a letter to shareholders, Apple CEO Tim Cook admitted that first quarter revenue is going to be way, way below expectations.  That immediately set off “flash crashes” all…

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44 Numbers From 2018 That Are Almost Too Crazy To Believe

44 Numbers From 2018 That Are Almost Too Crazy To Believe By Michael Snyder Was 2018 everything that you expected it to be?  Every year contains surprises, but 2018 truly turned out to be a year that we will never forget.  Over the past 12 months we witnessed great political shaking, Wall Street experienced the worst downturn that we have seen since 2008, the crust of our planet was rattled by an increasing number of major seismic events, social decay spread like wildfire, and America continued to become even more…

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This Bear Ain’t Playin’ Games with the Bulls

This Bear Ain’t Playin’ Games with the Bulls By David Haggith This ain’t no ballgame. This bear has shown up for blood, not sport. The NASDAQ intraday hit the 20% down mark that is widely regarded as qualifying for a change from a bull market to a bear market. A close at that level would have made it as official as a declaration of a bear market gets. As can be expected, the major index whose stocks played the largest role in forming the bull market of the last decade…

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The Psychological Warfare Behind Economic Collapse

The Psychological Warfare Behind Economic Collapse By Brandon Smith The concept of using the economy as a weapon is not an alien one to most people. Generally, we understand the nature of feudalism and how various groups can be herded onto centralized plantations to be exploited for their labor. Some people see this as a consequence of “capitalism,” and others see it as an extension of socialism/communism. Sadly, many people wrongly assume that one is a solution to the other — meaning they think that crony capitalism is a solution…

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