In the entire history of the United States, consumers have never been in so much debt. And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming levels. In fact, some of the numbers that are coming in are even worse than we witnessed at any point during the last recession. If things are this bad already, what are they going to look like once the economy really gets bad? Because even though it appears that we are heading into a new recession, according to the Federal Reserve it has not officially begun yet. That means that much worse is yet to come. Just like last time, millions of Americans will likely lose their jobs, and without an income most of those that suddenly find themselves unemployed will not be able to pay their bills. The stage is set for the largest tsunami of consumer debt defaults that this country has ever seen, and that will absolutely devastate major financial institutions all across America. (Read More...)
Apocalypse
Earth’s Ecosystems Are On A Collision Course With Extinction: Insect Populations Have Declined By Up To 98 Percent In Some Areas Of The World
Scientists are calling it “the insect apocalypse”, and it has extremely serious implications for the future of our planet. All over the globe, insect populations are plummeting dramatically. And since insects are at the very foundation of the global food chain, that is really bad news for all of us. In fact, one expert described what is happening to the global insect population as “hyper-alarming”. If we continue down the path that we are currently on, a bleak, apocalyptic future for our planet is all but assured. (Read More...)
There Are Trillions Of Pieces Of Floating Plastic In Our Oceans, And If We Don’t Stop All Marine Life Will Eventually Be Dead
We are filling up our oceans with trillions of extremely small pieces of plastic, and in the process we are literally killing off entire ecosystems. But because it is a very gradual process, most people aren’t really too alarmed by it. Every single minute, the equivalent of an entire garbage truck full of plastic is dumped into our oceans, where it joins all of the plastic that is already there. You see, the plastic that is already in our oceans never goes away. Instead, it just gets turned into smaller and smaller pieces. It is being projected that the total amount of plastic in the oceans of the world will exceed the total weight of all fish fish by the year 2050, and when we get to that point our oceans will probably be permanently beyond the point of recovery. Sea creatures are the very foundation of the global food chain, and once we lose that foundation we will see global famine on a scale that is absolutely unimaginable. (Read More...)
The Pope Says This Christmas Is A ‘Charade’ And That For Some People ‘It May Be Their Last’
Pope 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...)
12 Disasters That Could Bring About The End Of The World As We Know It
Our way of life is far more vulnerable than most people would ever dare to imagine. A single major catastrophe could fundamentally alter all of our lives at any moment. But since most people have not experienced such a catastrophe during their entire lifetimes, most people just assume that there will never be one. This is called “normalcy bias” and it can lull us into a very false sense of complacency. The other day, Michael Hanlon of the Telegraph wrote an article entitled “How will the world end? From ‘demonic’ AI to nuclear war — seven scenarios that could end human race“. Below, I discuss each of those seven scenarios along with five additional ones that I have added. We live in a world that is becoming increasingly unstable, and as a society we have become exceedingly dependent on the technology that we have surrounded ourselves with. If something were to happen which would force us to live like our grandparents and great-grandparents did, most of us would be in a tremendous amount of trouble. And as our technology has advanced, so has the potential that this technology will be used for war and destruction. There is great evil in the heart of man, and the potential to hurt others with that evil has never been greater. And of course there are always other “black swan events” to be concerned about as well. The following are 12 disasters that could bring about the end of the world as we know it… (Read More...)