There Is An Increasing Amount Of Buzz That China Could Invoke The Rare Earth “Nuclear Option” In The Trade War

If China wants to cause a massive amount of pain for the U.S. economy in this trade war, they certainly have the firepower to do so.  Today, China accounts for more than 80 percent of the world’s rare earth element production, and approximately 80 percent of the rare earth elements that are used by U.S. companies are imported from China.  The U.S. does have one facility that mines rare earth elements in California, but everything that is mined there has to be shipped to China for processing.  So at this point we do not have the ability to supply our own rare earth element needs, and that gives the Chinese a tremendous amount of leverage. (Read More...)

Trade Talks Are Dead, And So U.S. Consumers Should Brace For A Long, Bitter, Painful Trade War With China

There is not going to be a trade deal between the United States and China any time soon, and that is going to mean a tremendous amount of pain for the U.S. economy.  For months, hope that the U.S. and China would soon reach a trade deal helped to elevate global financial markets, but now that hope has disappeared.  In order for a trade deal to happen, the two sides have to talk, and at this point no negotiations are scheduled.  And unless one side or the other decides that they are willing to move dramatically from their current positions, there really isn’t any reason to talk.  In fact, the Chinese government is openly saying that it is in “no rush” to negotiate with the United States… (Read More...)

2019: It Is Going To Be Much Worse Than You Think…

The beginning of a new year is supposed to be all about hope, right?  And I would certainly like to tell you that 2019 is going to be America’s best year ever and that everybody is going to receive a double portion of blessing, prosperity and happiness, but that simply would not be true.  Unfortunately, the truth is that the elements for a “perfect storm” are rapidly coming together and 2019 is going to be an exceedingly challenging year.  Of course 2018 wasn’t exactly a wonderful year either.  I really like how Dave Barry made this point in his most recent article(Read More...)

Why Preppers Should Be THRILLED That The Stock Market Has Hit An All-Time High

NASDAQ stock market displays at Times Square - Photo by bfishadow on FlickrI am a prepper and I LOVE the fact that the stock market is at an all-time high.  In fact, I hope that it keeps going up for as long as possible.  Why?  Because it gives me more time to prepare for the inevitable collapse that is coming.  As I will discuss extensively below, anyone with half a brain should be able to see that a great financial disaster is coming to this nation.  If you still doubt this after reading this article, please go check out The Economic Collapse Blog where I have posted nearly 1000 articles that break this down in excruciating detail.  Unfortunately, a lot of preppers out there are being really, really stupid right now.  Over the past six months, I have noticed a tremendous amount of apathy among the prepper community.  A lot of preppers were doing really well for a while, but now a lot of them have apparently decided that we are no longer in imminent danger of an economic collapse and that instead of preparing it is time to party.  This is a critical mistake.  We should be thankful that this stock market bubble has given us a few more months to prepare.  Sadly, so many people out there are wasting this precious opportunity. (Read More...)

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