The Rapture Verdict Seed Vault Get Prepared Now Preppers Blueprint Life strawBeginning Of The End
Gold Buying Guide: Golden Eagle Coins

Recent Posts

The Book Of Mysteries
Legacy Water

Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse

Money Tornado - Public DomainDid you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone?  With interest rates at record lows all over the world in recent years, investors that were starving for a decent return poured hundreds of billions of dollars into high yield debt (also known as junk bonds).  This created a giant bubble, but at first everything seemed to be going fine.  Defaults were very low and most investors were seeing a nice return.  But then the price of oil started crashing and the global economy began to slow down significantly.  Energy company debt makes up somewhere between 15 and 20 percent of the junk bond market, and the credit rating downgrades for that sector are coming fast and furious.  But it isn’t just the energy industry that is seeing a massive wave of defaults, debt restructurings and bankruptcy filings.  Just like with subprime mortgages in 2008, investors are starting to wake up and realize that the paper that they are holding is not worth a whole lot.  So now investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis. (Read More...)

The Pope Says This Christmas Is A ‘Charade’ And That For Some People ‘It May Be Their Last’

Pope Francis - Photo by Jeffrey BrunoPope Francis sure does say a lot of strange things. I don’t think that any other Pope throughout history has ever called Christmas a “charade” or has suggested that for many people this Christmas “may be their last”. What in the world would cause Pope Francis to adopt such an ominous tone? Without a doubt, the leader of the largest religious organization in the entire world would be privy to information that would not be available to ordinary people like you and I. Could it be possible that he is aware of something that is coming that is going to dramatically change life on this planet? What we do know is that our world is becoming increasingly unstable. World War III threatens to erupt in the Middle East at any time, the number of terror attacks around the globe continues to increase, earthquake activity continues to rise, giant cracks are opening up in the ground all over the world, and we are rapidly plunging into a brand new global financial crisis. There is certainly a lot to be concerned about, but what would make the Pope so glum that he would actually call Christmas a “charade”? (Read More...)

The Economic And Financial Problems In Europe Are Only Just Beginning…

Euro Gears - Public DomainRight now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe.  Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking system in Europe is the biggest on the planet by far.  So what happens in Europe really matters, and at this point the European economy is absolutely primed for a meltdown.  European debt levels have never been higher, European banks are absolutely loaded with non-performing loans and high-risk derivatives, and the unemployment rate in the eurozone is currently more than double the unemployment rate in the United States.  In all the euphoria surrounding the “deal” that temporarily kept Greece in the eurozone, I think that people have forgotten that the economic and financial fundamentals in Europe have continued to deteriorate.  Whether Greece ultimately leaves the eurozone or not, a great financial crisis is inevitably coming to Europe.  It is just a matter of time. (Read More...)

Barack Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis

Barack Obama Giving Speech - Photo by Gage SkidmoreBarack Obama says that we shouldn’t be alarmed by what is happening over in Greece.  On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved“.  And apparently Obama is not too concerned about the debt crisis in Puerto Rico either.  In fact, the Obama administration has already completely ruled out any sort of federal bailout for the island.  Barack Obama is assuring us that everything is going to be just fine and that we are not headed for another global financial crisis.  So is he correct?   (Read More...)

18 Statistics That Prove That The Economy Has Not Improved Since Barack Obama Became President

Has the economy improved since Barack Obama became the president of the United States?  Of course not.  Despite what you may be hearing in the mainstream media, the truth is that when you compare the U.S. economy on the day that Barack Obama was inaugurated to the U.S. economy today, there is really no comparison.  The unemployment crisis is worse than it was then, home values have fallen, the cost of health insurance is up, the cost of gas is way up, the number of Americans living in poverty has soared and the size of our national debt has absolutely exploded.  Anyone that believes that things are better than they were when Barack Obama was elected is simply being delusional.  Yes, things have stabilized somewhat and our economy is not in free fall mode at this point.  But don’t be fooled.  This bubble of false hope will be short-lived.  The problems we are seeing develop in Europe will erupt into another full-fledged global financial crisis and economic conditions in the United States will get even worse.  When that happens, what possible ” economic solutions” will Barack Obama have for us?  We never even came close to recovering from the last great financial crisis, and now something potentially even worse is staring us in the face.  This is not a great time to have a total lack of leadership in Washington. (Read More...)

1 Through 30 – The Coming U.S. Financial Crisis By The Numbers

The United States is drowning in a sea of red ink from coast to coast and most Americans have absolutely no idea what is about to happen.  Hopefully you have started to prepare for the coming U.S. financial crisis.  If not, hopefully this article will be a wake up call for you.  Right now, governments all over Europe are on the verge of financial implosion.  Most Americans aren’t paying much attention to that, but they should be, because what is happening to Greece and Italy right now will eventually be happening here.  Just recently, the U.S. national debt passed the 15 trillion dollar mark.  State and local government debt is also at record levels.  Tens of millions of American families are in debt up to their eyeballs, and millions more Americans fell into poverty last year.  Meanwhile, the “too big to fail” banks just keep getting larger and the Federal Reserve continues to inflate the debt bubble.  At some point this debt bubble is going to burst, and when it does it is going to unleash financial hell all over America. (Read More...)

How Can The American People Ever Trust Congress Again After Learning Of The Rampant Insider Trading That Has Been Going On?

Will the shocking insider trading revelations that have come to light in recent days finally be enough to motivate the American people to start throwing all of the con men and charlatans out of Congress?  On Sunday, 60 Minutes opened up a huge can of worms when it did a feature story on insider trading by members of Congress.  Up until now, the vast majority of Americans had no idea that insider trading was actually legal for members of Congress.  In fact, as will be documented later on in this article, members of Congress have been using secrets that they have learned during the course of their duties to make huge amounts of money in the stock market.  If you can believe it, during the financial crisis of 2008 some members of Congress were making huge stock moves that would only pay off if the stock market crashed really hard at a time when they should have been focusing on creating legislation that would help the U.S. financial system survive.  Why haven’t we heard more about this scandal from the mainstream media?  It is hard not to feel sick after learning how low some of our “leaders” have stooped to enrich themselves.  Now that the American people are learning the truth, how can they ever trust Congress again? (Read More...)

They Want A “United States Of Europe” But They Are Going To Need A Massive Financial Crisis In Order To Get It

Are we about to see a huge push for a “United States of Europe”?  As the sovereign debt crisis in Europe continues to spiral out of control, suddenly this term is popping up in the New York Times and in major newspapers all over Europe.  So is this by accident?  Surely not.  The truth is that there is an overwhelming consensus among the political and financial elite of Europe that a “United States of Europe” is what would be best for the eurozone.  However, they are likely going to need a massive financial crisis in order to reach their goal.  Right now, the citizens of the countries that make up the eurozone are overwhelmingly against deeper European integration.  Without experiencing a massive amount of financial pain, they are unlikely to change their minds any time soon.  So who is going to win in the end?  Unfortunately, the clock is ticking because Greece is on the verge of defaulting on their debts and several other countries are not that far behind.  If Europe does not decide on a course of action soon, the euro is going to collapse and financial institutions all over Europe are going to come crashing down. (Read More...)

The Looting Of America: The Federal Reserve Made $16 Trillion In Secret Loans To Their Bankster Friends And The Media Is Ignoring The Eye-Popping Corruption That Has Been Uncovered

A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it.  It turns out that the Federal Reserve made $16.1 trillion in secret loans to their bankster friends during the financial crisis.  You can read a copy of the GAO investigation for yourself right here.  These loans only went to the “too big to fail” banks and to foreign financial institutions.  Not a penny of these loans went to small banks or to ordinary Americans.  Not only did the banksters get trillions in nearly interest-free loans, but the Fed actually paid them over 600 million dollars to help run the emergency lending program.  The GAO investigation revealed some absolutely stunning conflicts of interest, and yet the mainstream media does not even seem interested.  Solid evidence of the looting of America has been put right in front of us, and yet hardly anyone wants to talk about it. (Read More...)