Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale. In impoverished urban centers all over the nation, it is not uncommon to find entire malls that have now been completely abandoned. It has been estimated that there is about a billion square feet of retail space sitting empty in this country, and this crisis is only going to get worse as the retail apocalypse accelerates. (Read More...)
A New Madrid Earthquake Is Coming And America Will Be Shaken Like Never Before
Most Americans expect the next great earthquake in the United States to come on the west coast. But what if it strikes right down the middle of the country instead? The New Madrid fault zone is six times larger than the San Andreas fault zone in California and it covers portions of Illinois, Indiana, Ohio, Missouri, Arkansas, Kentucky, Tennessee and Mississippi. Back in 1811 and 1812, a series of absolutely devastating earthquakes along the New Madrid fault zone opened very deep fissures in the ground, caused the Mississippi River to run backwards in some places, and were reportedly felt as far away as Washington D.C. and Boston. They were the strongest earthquakes ever recorded east of the Rocky Mountains, and scientists tell us that it is only a matter of time before we experience similar quakes. In fact, the U.S. Geological Survey has admitted that the New Madrid fault zone has the “potential for larger and more powerful quakes than previously thought“, and the number of significant earthquakes in the middle part of the country has more than quintupled in recent years. Someday, perhaps without any warning, an absolutely massive earthquake will strike the New Madrid fault. Thousands of Americans will die, tens of thousands of structures will be completely destroyed, and millions of people will find themselves homeless. (Read More...)
Parts Of California Are Actually Falling Into The Ocean
Why would anyone want to live in the state of California at this point? Not only do you have to deal with unbearable traffic, insane politicians and unchecked illegal immigration, but now the weather itself seems to be going crazy. A very strong El Nino has been sending destructive storm after destructive storm barreling into the west coast, and this is causing tremendous flooding, dangerous landslides and unprecedented erosion in coastal communities all over the state. As I mentioned the other day, a state of emergency has just been declared in the coastal city of Pacifica due to the incredible amount of erosion that is happening there. Now, incredible footage has been released that actually shows the coastline crumbling. Small parts of California really are falling into the ocean, and meteorologists are warning that the worst may be yet to come. (Read More...)
Flooding Damage From Jonas Will Cost Billions And Is Being Described As ‘Worse Than Hurricane Sandy’
The economic damage done by winter storm Jonas looks like it is going to be much higher than many had originally anticipated. As you will see below, Moody’s Analytics is projecting that up to 3 billion dollars of damage has been done, and USA Today is reporting that the flooding along the New Jersey and Delaware coasts was “worse than Hurricane Sandy in 2012”. So all of those that are mocking Jonas as “just a snowstorm” don’t really understand what they are talking about. Large numbers of homes, businesses and vehicles were destroyed – especially right along the coast. This was a major disaster, and it is going to take months of work for many of the affected areas to fully recover. (Read More...)
The Beast System Arises: The Largest Bank In Norway Calls For The Elimination Of Cash
The biggest bank in Norway is calling for the complete and total elimination of cash. Many local bank branches in Norway already don’t deal in cash, but that is not good enough for DNB. They want a blanket ban on the use of cash, and they are selling this as a way to crack down on criminals and money launderers. But in the end, the truth is that they want to be able to force everyone in society to use the banks and it would enable them to collect fees on almost every transaction. It is an agenda that is being driven by greed, but it could also open the door for great tyranny. Unfortunately, we are not just seeing aggressive movement toward a cashless society in Norway. It is also happening in Sweden, in Denmark and in many other nations all around the globe. The Beast system is rising, and yet very few people out there even seem alarmed by this. (Read More...)
Snowpocalypse 2016: Desperate Hoarding Of Basic Supplies Leaves Store Shelves Empty
If this is how crazy people are going to become when a big snowstorm arrives, what do you think they are going to do when a real disaster strikes? Washington D.C. is about to be hit by one of the worst blizzards that it has ever experienced this weekend, and people are already beginning to panic. It is being projected that there could be up to 30 inches of snow in some areas, and wind gusts of up to 60 miles an hour will cut visibility to almost nothing and will make travel next to impossible. Along the east coast, more than 50 million people could be affected by this storm, and many of them don’t have a lot of food and supplies on hand. So we have been seeing things like bread, milk and batteries fly off of store shelves all throughout the region, and at this point many stores are already completely wiped out. (Read More...)
A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse
The Italian financial meltdown that we have been waiting for has finally arrived. For quite a long time I have been warning my readers to watch Italy, and now people are starting to understand why. Italian banking stocks continued their collapse for a fifth consecutive day on Wednesday, and nervous Italians are beginning to quietly pull large amounts of money out of the banks. In particular, Monte dei Paschi is a complete and utter basket case at this point. A staggering one-third of their loans are “non-performing”, and the stock price has fallen a staggering 57 percent since 2016 began. Monte dei Paschi is going to need a major bailout, and the same thing could be said about almost all of the largest Italian banks. But where is the money going to come from? (Read More...)
62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet
Did you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a shocking report that was just put out by Oxfam, and they show that income inequality continues to grow at a very rapid pace all over the world. As you will see below, the total wealth of the poorest half of the global population has plunged by 41 percent since 2010 while the wealth of the elite has continued to surge upward. The debt-based financial system that now has the entire planet in its grip funnels wealth to the very top, and the global elite are more than happy to hoard as much of it as they possibly can. (Read More...)