Violence Erupts In America’s Heartland As Milwaukee Becomes The Latest U.S. City To Burn

 Milwaukee Riot

Michael Snyder

The city of Milwaukee, Wisconsin exploded in violence last night as the wave of chaos and civil unrest that is sweeping across America continues to intensify.  At this point, many of our largest cities have become powder kegs of anger and frustration, and a full-blown riot can be set off with a single bullet.  In this case, an armed suspect was shot and killed by Milwaukee police as he attempted to evade the police, and his death almost instantly set off pandemonium in the heart of the city.  [clickToTweet tweet=”America is being ripped apart, how much more violence is coming? #alllivesmatter #wakeupamerica” quote=”America is being ripped apart, how much more violence is coming? #alllivesmatter #wakeupamerica and Obama’s policies have created this mess”]  Decades of social decay and economic decline have fundamentally transformed many of our greatest cities, and tensions that have been simmering for a very long time are now being brought to a boil.  Sadly, it seems quite likely that we will see even more rage, hatred and divisiveness in the months ahead.

The sudden eruption of violence that we witnessed in Milwaukee last night was absolutely stunning.  Within just hours after the shooting of the armed suspect, fires were burning all over the city

Protesters clashed with officers in the hours after a Milwaukee police officer shot and killed an armed suspect during a foot chase. After an hours-long confrontation with officers, police reported that a gas station was set on fire. Police said firefighters initially could not get close to the blaze because of gunshots.

Later, fires were started at a bank branch, a beauty supply company and an auto parts store as scores of people gathered near the crime scene on the city’s north side, a grim Mayor Tom Barrett said at a news conference Saturday night. He said the unrest was driven by a social media frenzy urging people to gather in the area.

Of course police were one of the primary targets of the violence.  It is being reported that at least one squad car was set ablaze, and another had a brick thrown through a window.

One prominent Milwaukee city official is blaming racial injustice for the violence.  The following comes from CNN

City Alderman Khalif Rainey said the area has been a “powder keg” for potential violence throughout the summer.

“What happened tonight may not have been right and I am not justifying that but no one can deny the fact that there are problems, racial problems in Milwaukee, Wisconsin, that need to be rectified,” Rainey said. “This community of Milwaukee, Wisconsin, has become the worst place to live for African Americans in the entire country.”

Rainey said Saturday’s violence was a byproduct of inequities, injustice, unemployment and under-education.

“Something has to be done to address these issues,” he said. “The black people of Milwaukee are tired, they are tired of living under this oppression, this is their life.”

Without a doubt, the suffering that is going on in our inner cities is intense.  Our economic infrastructure has been gutted by decades of bad trade deals, and evidence of severe social and moral decay is all around us.

But no matter how bad things are, there is never any excuse for committing random acts of violence.  In addition to setting businesses on fire, it is being reported that rioters were trying to drag people out of their vehicles in order to beat them up.

How in the world does that solve anything?

Meanwhile, police all over the nation continue to be targets of violence.  In a previous article, I told my readers that the number of police officers that have been shot and killed this year has risen by 78 percent compared to last year.

Well, over the past few days some more officers have been added to the list.  For example, the following is an excerpt from a CNN report about an officer that was just shot and killed in south Georgia…

A police officer was shot dead while responding to a call of a suspicious person in south Georgia, authorities said.

The shooting occurred Saturday night after the officer, Tim Smith, got the call in a residential area in Eastman, special agent Scott Whitley of the Georgia Bureau of Investigations said.

While on patrol, Smith encountered the subject and exited his car. That’s when he was fatally shot, Whitley said.

And this is from a Fox News report about an officer that was shot and killed in New Mexico…

Two Ohio fugitives wanted for a murder have been arrested after authorities say one of them fatally shot a New Mexico police officer.

Dona Ana County Sheriff’s spokeswoman Kelly Jameson said Saturday that 38-year-old Jesse Hanes is suspected of gunning down Hatch Police Officer Jose Chavez during a traffic stop Friday.

In addition, there was another very disturbing incident that just happened a few days ago in Arkansas.  When a suspect started shooting at police officers, one was killed, one was wounded, and a police dog named Kina that got hit and ran away was just found on Saturday

Police spokeswoman Kristin Faulkenberry told reporters the dog, named Kina, “was up and walking” when searchers found the animal Friday morning near where the shooting unfolded near Hackett, about 115 miles west of Little Rock.

The dog was shot and ran into a wooded area Wednesday when a man identified as Billy Monroe Jones opened fire on officers, killing Sebastian County Deputy Bill Cooper and wounding Hackett Police Chief Darrell Spells.

Earlier today I talked to a friend of mine that works as a police officer, and he admitted that he and his wife do think about all of this violence that is being directed at the police.  I suppose that it would be exceedingly difficult not to.  Those that are serving their communities in this way are going to have a very tough time moving forward.  At this point every single law enforcement officer in the entire nation is a potential target, and they are just going to have to find a way to deal with this new reality.

America is more divided than I have ever seen in my entire lifetime.  Instead of learning how to love one another, hatred is growing by the day.

More chaos is coming, more violence is coming, and more of our cities will burn.

Things didn’t have to turn out this way, but thanks to decades of incredibly foolish decisions we will now reap what we have sown.

Source: Economics Collapse Blog

The Economic Collapse In Venezuela Is So Bad That People Are Slaughtering And Eating Zoo Animals

Black-Stallion-Public-Domain-460x307
Michael Snyder | Economic Collapse Blog

If you were hungry enough, would you kill and eat zoo animals?  To most of us such a notion sounds absolutely insane, but this is actually happening in Venezuela right now.  This is a country where people are standing in lines for up to 12 hours hoping that there will be food to buy that day, and where rioting and looting have become commonplace.  So even though the U.S. economy is in dreadful shape at this moment, we should be thankful for what we have, because at least we are not experiencing a full-blown economic collapse yet like Venezuela currently is.

Black stallions can be some of the most beautiful horses on the entire planet, but things are so desperate down in Venezuela this summer that everything looks like food to some people at this point.  What happened at the Caricuao Zoo on Sunday is so horrible that I actually debated whether or not to share it with you.  Desperate people do desperate things, and when people get hungry enough they will do things such as this

Venezuela’s worsening food shortages had tragic consequences for a rare show horse last weekend, when a group of intruders broke into the zoo, pulled the black stallion from its cage, then slaughtered it for meat.

Prosecutors say the crime occurred in the small hours of Sunday morning at Caracas’ Caricuao Zoo, when “several people” sneaked into the state-run park under the cover of darkness and busted into the stallion’s pen. The horse, the only one of its kind in the zoo, was then led to a more secluded area and butchered on the spot. Only its head and ribs were left behind in a gruesome pile for zookeepers to find after sunrise.

Unfortunately, this precious animal was not even the first victim at that particular zoo.

A few weeks ago, pigs and sheep were the targets

Sadly, this horse wasn’t the first zoo animal to suffer the effects of Venezuela’s crippling food shortages. Some Vietnamese pigs and sheep were reportedly stolen from the same zoo earlier this month.

Dozens of other zoo animals are slowing starving to death because there is no food available to give to them.  In fact, it is being reported that at least 50 animals have died from lack of food at one zoo alone

At least 50 animals have died in the last six months at the Caricuao zoo in Caracas, Venezuela, due to widespread food shortages that are affecting both man and beast in the socialist nation.

Marlene Sifontes, a union leader for employees of state parks agency Inparques which oversees zoos, told Reuters that the zoo lost Vietnamese pigs, tapirs, rabbits and birds after the animals went weeks without eating. Others animals at the zoo are in danger of severe malnutrition. Lions and tigers, which should be on a carnivorous diet, are being fed mango and pumpkin just to get something in their empty stomachs, while an elephant is being fed tropical fruit instead of its usual diet of hay, the union leader said. According to one report, the big cats are being fed slaughtered thoroughbred racehorses from a nearby race track.

If what you have just read hurts your heart, let us not forget that it is not just the animals that are suffering.  There are millions of precious people down there that are living on the very edge of starvation as you read this article.

Earlier this year, one mayor came forward and admitted to the world that some people are so hungry that they are actually hunting “cats, dogs and pigeons” for food…

Ramón Muchacho, Mayor of Chacao in Caracas, said the streets of the capital of Venezuela are filled with people killing animals for food.

Through Twitter, Muchacho reported that in Venezuela, it is a “painful reality” that people “hunt cats, dogs and pigeons” to ease their hunger. People are also reportedly gathering vegetables from the ground and trash to eat as well.

The crisis in Venezuela is worsening everyday due in part to shortages reaching 70 percent […] six Venezuelan military officials were arrested for stealing goats to ease their hunger, as there was no food at the Fort Manaure military base.

With each passing week, the situation in Venezuela keeps on getting worse.

And even though the United States has made many of the exact same mistakes that Venezuela has made, most of us just assume that what is happening down there could never happen up here.

After all, we have “the greatest economy in the world” and we are “the wealthiest nation on the entire planet”, right?

Well, actually our economic infrastructure has been systematically gutted by free trade deals and we consume far more wealth than we produce.  We have artificially pumped up our standard of living by adding more than 1.1 trillion dollars a year to the national debt since Barack Obama has been in the White House, and one recent poll discovered that 62 percent of all Americans have less than $1,000 saved up.

But don’t worry.  Instead of turning out like Venezuela, the mainstream media insists that the best days for America are right around the corner.

In fact, just today I came across a Business Insider article that insisted that soon our biggest economic problem will be that we won’t be able to find enough workers.

And Barbra Streisand is so thrilled that Hillary Clinton is going to be our next president that she launched into a rousing rendition of “Happy Days Are Here Again” as she kicked off her farewell tour in Los Angeles.  The following account comes from the Drudge Report

So long sad times
Go along bad times
We are rid of you at last
Howdy gay times
Cloudy gray times
You are now a thing of the past
Happy days are here again
The skies above are clear again
So let’s sing a song of cheer again…

Streisand suddenly interrupted the lyric, realizing a Democrat was currently in the White House!

“By the way, I love Obama.”

Altogether shout it now
There’s no one
Who can doubt it now
So let’s tell the world about it now
Happy days are here again

So what is the truth?

Are we going to end up just like Venezuela, or are happy days here once more?

Unfortunately, I have a feeling that we are not going to have to wait too long to find out…

Source: Economics Collapse Blog

Deutsche Bank Profit Plunges 98 Percent As The Outlook For ‘The World’s Riskiest Bank’ Darkens

Crash Arrow Down - Public DomainMichael Snyder | Economics Collapse Blog

The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes.  If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September.  Subsequently, Deutsche Bank stock hit an all-time low.  Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank.  And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that.  Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008.

Today, we got some more bad news from Deutsche Bank.  Compared to the exact same period last year, profits were down 98 percent.  A nearly 100 percent drop in net income spooked a lot of investors, and Deutsche Bank shares got hit hard on Wednesday.  Of course Deutsche Bank shares are already down by more than half over the past 12 months, and the financial sharks can smell blood in the water.

Just like Lehman Brothers in 2008, Deutsche Bank is essentially in panic mode at this point.  They recently announced that they will be closing 188 branches and that 3,000 workers will be losing their jobs.  But this could just be the beginning of the layoffs at the bank.  According to some reports, the bank could cut up to  35,000 jobs by the year 2020, and CEO John Cryan recently admitted that they “may have to accelerate cost-cutting measures“.

What makes all of this even more alarming is that Deutsche Bank is widely considered to be “the most dangerous bank” on the entire planet.  The following comes from a CNN article posted just today entitled “The world’s riskiest bank is in trouble“…

What is going on with Deutsche Bank?

Germany’s biggest lender was dubbed the world’s riskiest bank by the International Monetary Fund last month, just as one of its U.S. businesses failed a Federal Reserve stress test.

Its shares are down 45% this year, and on Wednesday it said second quarter profits were wiped out by a 98% slump in earnings. The stock fell 2.5% in Frankfurt.

The primary reason why Deutsche Bank is “the world’s riskiest bank” is because of the mammoth derivatives portfolio that is possesses.  It currently has 42 trillion euros of exposure to derivatives, which is an amount of money about 13 times the size of the entire German economy.

When Deutsche Bank finally goes down for good, it is going to be “the shot heard around the financial world”, and it will be a disaster many times greater than the collapse of Lehman Brothers in 2008.  Just consider what Jeff Gundlach had to say about the bank earlier this year

“Banks are dying and policymakers don’t know what to do,” Gundlach said. “Watch Deutsche Bank shares go to single digits and people will start to panic… you’ll see someone say, ‘Someone is going to have to do something.’”

As I write this, shares of Deutsche Bank are sitting at just $13.63, and many experts are having a very difficult time finding any reason for optimism.  In fact, Edward Misrahi has stated that the bank is his number one short trade, and Jim Collins says that “it is just impossible” to recommend buying shares of Deutsche Bank even at this depressed level…

As an equity analyst, it is just impossible to recommend shares of a bank that is not growing revenue. So really, Deutsche is an untouchable, and the stock market is trying — to the tune of a 58% decline in DB’s market value in 12 months — to recalibrate Deutsche’s market capitalization to the true value of its assets net of liabilities. That’s a painful journey.

I don’t mean to just pick on Deutsche Bank.  Certainly there are a lot of other major banks around the globe that are also teetering on the brink right now.  Just take a look at Italy.  Basically their entire banking system is in the process of melting down.

But the utter collapse of Italy’s banking system won’t have the same kind of worldwide impact that the collapse of Deutsche Bank will.

Unlike some of his predecessors, CEO John Cryan is being honest about some of the struggles that Deutsche Bank is going through right now, and he admits that they may need to be “more ambitious in our restructuring”.  The following comes from Business Insider

Cryan said in a statement (emphasis ours):

“We have continued to de-risk our balance sheet, to invest in our processes and to modernize our infrastructure. However, if the current weak economic environment persists, we will need to be yet more ambitious in the timing and intensity of our restructuring.”

He said something similar in a note to employees (emphasis again ours):

“Here I would like to speak plainly. If this weak economic environment persists, we will need to be still more ambitious in our restructuring. We will do everything in our power to accelerate the measures we have already planned.”

Yes, I know that the stock market in the United States has been setting all sorts of all-time record highs lately.

But that doesn’t change what is going on in the rest of the world one bit.

The financial crisis that has been gripping Europe, Asia, South America and most of the rest of the planet since the second half of last year is accelerating.

And it is inevitable that the U.S. is going to be experiencing some very real pain in the not too distant future as well.

So even though things may seem a bit quiet this summer in the financial world, the truth is that there is a whole lot going on under the surface.

Deutsche Bank is one glaringly obvious example of this, but there are many others all over the globe.  And not too long from now, the dominoes will begin to fall very rapidly.

Source: Economics Collapse Blog

Michael Moore Explains Why Donald Trump Will Win In November – And It Actually Makes Perfect Sense

Michael Moore - Photo by Nicolas Genin

Michael Snyder | Economic Collapse Blog

Michael Moore is a radical leftist that is trying to destroy everything that America once stood for, but for once he is making sense.  In his recent article entitled “5 Reasons Why Trump Will Win“, he makes a compelling case for why Donald Trump could win the election in November.  I can’t remember the last time I actually agreed with Michael Moore about something, but in this instance I do.  The American people are very angry and very frustrated, and they want someone that is going to shake things up in Washington.  Needless to say, that is not going to be Hillary Clinton.  According to Real Clear Politics, Trump has won five of the last six major national polls, and top Democrats are starting to understand that they could actually lose to the New York billionaire.

As Michael Moore has pointed out, the key to the election may be the upper Midwest.  That is why it may turn out to be very wise that Trump has picked a running mate from the region.  Residents of the upper Midwest have watched NAFTA and other “free trade deals” turn their formerly booming economy into an area now known as “the rust belt”.  Now that there is a major presidential candidate that is openly speaking out against these “free trade deals”, they will finally have a real opportunity to let their voices be heard.  The following is from the Michael Moore article that I mentioned above…

I believe Trump is going to focus much of his attention on the four blue states in the rustbelt of the upper Great Lakes – Michigan, Ohio, Pennsylvania and Wisconsin. Four traditionally Democratic states – but each of them have elected a Republican governor since 2010 (only Pennsylvania has now finally elected a Democrat). In the Michigan primary in March, more Michiganders came out to vote for the Republicans (1.32 million) that the Democrats (1.19 million). Trump is ahead of Hillary in the latest polls in Pennsylvania and tied with her in Ohio. Tied? How can the race be this close after everything Trump has said and done? Well maybe it’s because he’s said (correctly) that the Clintons’ support of NAFTA helped to destroy the industrial states of the Upper Midwest.

Since NAFTA went into effect on January 1, 1994, the United States has lost tens of thousands of manufacturing facilities and millions of good paying jobs.  Once upon a time, the city of Detroit had the highest per capita income in the entire country, but now it is a rotting, decaying, crime-infested disaster zone that the rest of the world makes jokes about.

It was under Bill Clinton that NAFTA was implemented, and Bill and Hillary have long been supportive of NAFTA and other “free trade deals” that have been responsible for systematically dismantling America’s economic infrastructure.  Trump has already made this a major theme of his campaign, and the voters in the rust belt states could potentially make the difference in who wins in November.  Here is some additional analysis from Michael Moore

And this is where the math comes in. In 2012, Mitt Romney lost by 64 electoral votes. Add up the electoral votes cast by Michigan, Ohio, Pennsylvania and Wisconsin. It’s 64. All Trump needs to do to win is to carry, as he’s expected to do, the swath of traditional red states from Idaho to Georgia (states that’ll never vote for Hillary Clinton), and then he just needs these four rust belt states. He doesn’t need Florida. He doesn’t need Colorado or Virginia. Just Michigan, Ohio, Pennsylvania and Wisconsin. And that will put him over the top. This is how it will happen in November.

But there is another factor that Michael Moore has pointed out that I think we should consider as well.  While most American voters take their votes very seriously, there is a small minority that will let some of the most frivolous reasons imaginable decide their votes.

Some Americans just want a good story.  Others want to stick it to the establishment.  Yet others just “want to see what will happen” if a certain person gets into the White House.  And it seems quite likely that Donald Trump will win the “curiosity vote”, the “anger vote”, and “the twisted sense of humor vote”.  Everyone pretty much knows what we will get with Hillary Clinton in the White House (and it would be horrible), but there is a great mystery as far as what Donald Trump would do as president.  I happen to agree with Michael Moore that this is a factor that greatly favors Trump

You can take as long as you need in there and no one can make you do anything. You can push the button and vote a straight party line, or you can write in Mickey Mouse and Donald Duck. There are no rules. And because of that, and the anger that so many have toward a broken political system, millions are going to vote for Trump not because they agree with him, not because they like his bigotry or ego, but just because they can. Just because it will upset the apple cart and make mommy and daddy mad. And in the same way like when you’re standing on the edge of Niagara Falls and your mind wonders for a moment what would that feel like to go over that thing, a lot of people are going to love being in the position of puppetmaster and plunking down for Trump just to see what that might look like.

But before you get too excited about a Trump presidency, let us not forget that the electoral map tends to greatly favor Democrats.  All Hillary has to do is to win all of the states that she is expected to win and add one battleground state

Perhaps you enjoy talk of battleground states. Well, there’s a scenario for you, too. First, pick the six “closest” swing states (VA, NH, IA, OH, FL, NC). Got it? Now understand that New Hampshire excepted, Clinton only has to win one of them in order to reach the requisite 270 electoral votes to win.

It remains my contention that the establishment will do whatever they have to do to keep Donald Trump out of the White House.  And now that the general election looks like it will be much closer than anticipated, we may get to see what lengths the establishment is willing to go to in order to get rid of a “problem candidate”.

Hillary Clinton is an utterly evil and extremely corrupt politician, but the establishment absolutely loves her.  She would say and do just about anything to get elected, and the establishment knows that she will do their bidding.

So we shall see what happens between now and November, but personally I don’t see any way that this is going to end well…

Source: Economics Collapse Blog

Baton Rouge, Nice, Dallas, Orlando – A Dark And Distressing Time Has Descended Upon The Civilized World

New York Skyline Lightning - Public DomainMichael Snyder | End of the American Dream

Does it not seem as though events are starting to accelerate significantly?  Since I warned that something “had shifted” and that things had “suddenly become more serious“, we have seen the worst mass shooting in U.S. history in Orlando, we have seen the massacre of five police officers in Dallas, we have seen the horrifying terror rampage in Nice, and now we have seen the brutal murder of three police officers in Baton Rouge.  On Sunday morning, the peace and quiet in Baton Rouge were shattered when “dozens of shots” erupted less than one mile from police headquarters.  By the end of it, 29-year-old Gavin Eugene Long had killed three officers and seriously wounded three others.  It was a crime fueled by pure hatred, and Long specifically waited for his 29th birthday to launch the attack

The shooter who killed three law enforcement officers and wounded three others in Baton Rouge, Louisiana, on Sunday was a Missouri man who launched a deadly rampage on his 29th birthday, police sources said.

Gavin Long, who was born on July 17, 1987, was the man who gunned down officers before he was killed in a gunbattle with other officers responding to the shootings.

Two Baton Rouge police officers — ages 41 and 49 — died, said Police Chief Carl Dabadie. The gunman also killed a 45-year-old sheriff’s deputy and critically wounded a 41-year-old deputy who is “fighting for his life,” said East Baton Rouge Parish Sheriff Sid Gautreaux.

So what motivated Long to commit this horrible crime?

Here is what the Daily Caller found…

A Youtube account operated by Gavin Eugene Long and discovered by The Daily Caller reveals key insight into what might have motivated the 29-year-old black man who killed three Baton Rouge police officers Sunday morning.

Videos on Long’s account show that he was a former Nation of Islam member. He also ranted against “crackers” and made references to Alton Sterling, the black man killed by police in Baton Rouge on July 5.

Did Long actually believe that gunning down innocent police officers would honor the memory of Alton Sterling?

Sadly, it appears that there are a lot of other people out there that feel the exact same way that Long did.  In fact, there were a number of people that were openly celebrating the shooting of police officers in Baton Rouge on Twitter and calling for more cops to be killed.

This country is starting to come apart at the seams, and from now on it is going to be very, very dangerous to be a police officer in America.  Perhaps you may not have heard of this yet, but there was actually another plot to kill police officers in Baton Rouge that was foiled ahead of time

Police in Baton Rouge were on high alert earlier this week after a gang – including boys aged just 12 and 13 – were arrested as they tried to steal handguns as part of a ‘substantial, credible threat’ to harm police officers in Baton Rouge.

Authorities discovered the alleged plot while responding to a burglary at a pawn shop early on June 9.

They arrested one suspect – Antonio Thomas, 17 – at the scene with a handgun and a BB gun.

During questioning, Thomas said that he and three other suspects stole the firearms and ‘were going to get bullets to shoot police,’ authorities said.

And another police officer was shot on Sunday in Milwaukee while he was just sitting in his squad car…

A Milwaukee police officer was shot in a “vicious” attack early Sunday as he sat in his squad car while colleagues investigated a domestic disturbance call, an official said.

The suspected shooter, identified by police as a 20-year-old West Allis man with two felonies on his record, was found dead in a nearby yard, they said.

The incident began as a response to a domestic disturbance call near South 17th Street and West Morgan Avenue at about 2 a.m. During that investigation, someone fired shots into the squad car, striking an officer “multiple” times,” Asst. Police Chief William Jessup said in a morning press conference.

Can you imagine the stress that many police officers and their families are feeling these days?

Could you imagine leaving home each day realizing that there is a huge target painted on your chest and that you might not make it home that night to see your family?

I am sure that a lot of law enforcement officers are having some very serious family discussions these days.  And I am sure that a lot of them are actually considering leaving law enforcement altogether.  All it takes is a single bullet to change your life forever, and right now there are way too many people out there that want to harm anyone in a police uniform.

I think that a recent piece by Scott G. Erickson put it very succinctly…

What feelings must resonate within the patrolman who is responding to a call of domestic violence or simple larceny? Am I the next target? Is this really a routine call for service or is it an ambush?

No longer can the patrolman simply worry about the reported crime itself but rather he or she must approach these events as though they are potentially walking into the next Dallas or Baton Rouge.

And that is no way to function as a police officer. The stress, strain, and uncertainty would be unbearable.

And it isn’t just police officers that need to be concerned about the rising violence.

The Republican National Convention is next week, and it could be a big, fat, juicy target for Islamic terrorists, police haters, or anyone else that is out to make some sort of huge statement.  There are going to be thousands of people protecting the convention, but there are still concerns that something unexpected may happen

The sunny celebration butts uncomfortably against a massive security operation that shows the other side of Cleveland’s big moment. City and U.S. officials are preparing for the worst, aware that tensions over race relations and police use of force, as well as reaction to Trump’s polarizing campaign, could result in violence on the streets.

Clevelanders are also aware of the backdrop for their convention: the mass shooting in Orlando that killed 50 people in June, the sniper attack that killed five Dallas police this month, and the truck assault that killed 84 this week in Nice.

Let us hope and pray for safety in Cleveland, and let us hope and pray that tensions ease in major cities all over the nation.

A dark and distressing time has descended upon the civilized world, and virtually everywhere you look anger and frustration are rising to very dangerous levels.

We were warned that this might be a “summer of chaos”, and so far that has definitely been the case.  Let us hope that things start to cool off before events start to spiral completely out of control.

Source: Economics Collapse Blog

Those That Wanted To Get Prepared Have Already Gotten Prepared By Now

No Excuses Road Sign - Public DomainMichael Snyder | Economic Collapse Blog

Is the time for warning people to prepare for what is ahead coming to an end?  For years, bold men and women all over America have been sounding the alarm and warning people to get prepared physically, financially, mentally, emotionally and spiritually for the great storm that is rapidly approaching.  Personally, I have written more than 2,500 articles on my primary two websites combined, and so nobody can accuse me of not blowing the trumpet.  It has gotten to the point that sometimes I am even tired of listening to myself warn the people.  But now we are shifting into a new phase.

The other day I was reflecting on some of the things that I have been hearing lately.  Sales of emergency food and supplies are way down across the entire industry.  Many organizations and websites that have been instrumental in sounding the alarm for a long time are really struggling right now.  On my websites, traffic has hit a bit of a plateau after experiencing a tremendous surge late last year.  Overall, “prepping” was very hot just a few years ago, and at one time it was estimated that there were approximately three million “preppers” in the United States.  But these days there seems to be a tremendous amount of apathy out there.

As I reflected on all of this, I came to one inescapable conclusion.

Those that wanted to get prepared have already gotten prepared by now, and those that did not want to get prepared are not likely to do so any time soon.

I personally know a lot of people that are very, very prepared and have been for a long time.  Yes, there is still a small minority of people out there that only recently woke up and started prepping, but overall most of the preparation that people wanted to do has already been completed.  And for those that have not done anything to prepare, you could argue with them until the moon turns to cheese and they still won’t take any action.

At this point the die has been cast.  Most of those that felt that they should prepare have already prepared.  Most of those that felt that they should repent have already repented.  Most of those that felt that they should warn America have already sounded the alarm.

So now all that is left is to wait for the shaking to begin.

In looking back at what has transpired over the last several years, I think that it would be appropriate to say something about the failure of the church in America.

You see, if the churches of America were doing their job, all of the “watchmen” out there would not even be needed.  Our voices would simply be lost in a chorus of thousands upon thousands of pastors, teachers, ministers and evangelists boldly warning people about what is coming to this nation.

But instead, there is just deafening silence coming from most of the mainstream churches.

The sad thing is that many, many church leaders understand very clearly what is coming, but they have purposely chosen not to warn the people.  Some time ago, George Barna conducted a study that looked into why our churches are not addressing the key issues of the day, and what he discovered was absolutely astounding

“‘What we’re finding is that when we ask them about all the key issues of the day, [90 percent of them are] telling us, ‘Yes, the Bible speaks to every one of these issues,” he explained. “Then we ask them: ‘Well, are you teaching your people what the Bible says about those issues?’ and the numbers drop…to less than 10 percent of pastors who say they will speak to it.”

Most churches in America don’t want to talk about the hard things, because they desperately want to make people feel comfortable.  They want to entertain people and make them happy so that they will come back week after week and drop their money into the offering plate.

When it comes to defining success as a church, Barna found that there were five primary factors that were important to the majority of pastors, and none of them had anything to do with repentance and salvation through Jesus Christ…

“There are five factors that the vast majority of pastors turn to,” he outlined. “Attendance, giving, number of programs, number of staff, and square footage.”

Sadly, most Christians in America actually prefer these lukewarm churches, and the Apostle Paul warned that these times were coming nearly 2000 years ago.  The following is what 2 Timothy 4:3-4 says in the Modern English Version

3 For the time will come when people will not endure sound doctrine, but they will gather to themselves teachers in accordance with their own desires, having itching ears, 4 and they will turn their ears away from the truth and turn to myths.

You may not want to hear this, but the majority of churches in America have already gone apostate, and that is the truth.

We are slowly but surely losing an entire generation of Americans, and yet our dead and dying churches just continue to slumber.  I shared the following numbers in a previous article, but they bear repeating.  The following comes directly out of a Pew Research Center report

Millennials – especially the youngest Millennials, who have entered adulthood since the first Landscape Study was conducted – are far less religious than their elders. For example, only 27% of Millennials say they attend religious services on a weekly basis, compared with 51% of adults in the Silent generation. Four-in-ten of the youngest Millennials say they pray every day, compared with six-in-ten Baby Boomers and two-thirds of members of the Silent generation. Only about half of Millennials say they believe in God with absolute certainty, compared with seven-in-ten Americans in the Silent and Baby Boom cohorts. And only about four-in-ten Millennials say religion is very important in their lives, compared with more than half in the older generational cohorts.

Those numbers are absolutely horrifying.  Yes, there are still a few really good churches scattered across the country.  But overall, the church in America is in really sorry shape, and the numbers don’t lie.  Christianity is in rapid decline in the United States, and somebody better wake up and start doing something about it.

Over the years, I can’t tell you how many dead churches that I have sat in.  That is why it is so refreshing when I actually find one where the gospel is preached and where people truly love one another.  I have had the privilege of sharing my message in such a church in recent months, and I wish that there were a lot more of them out there.

Unfortunately, most ministers in America are really busy doing things other than what they should be doing.  For instance, have you ever heard of “clergy response teams”?  If you can believe it, the government has actually recruited ministers to help the population accept martial law when it is declared someday.  The following comes from KSLA News

Could martial law ever become a reality in America?  Some fear any nuclear, biological or chemical attack on U.S. soil might trigger just that.  KSLA News 12 has discovered that the clergy would help the government with potentially their biggest problem: Us.

Can you believe that?

Here is more from the report…

Such clergy response teams would walk a tight-rope during martial law between the demands of the government on the one side, versus the wishes of the public on the other.  “In a lot of cases, these clergy would already be known in the neighborhoods in which they’re helping to diffuse that situation,” assured Sandy Davis.  He serves as the director of the Caddo-Bossier Office of Homeland Security and Emergency Preparedness.

For the clergy team, one of the biggest tools that they will have in helping calm the public down or to obey the law is the bible itself, specifically Romans 13.  Dr. Tuberville elaborated, “because the government’s established by the Lord, you know.  And, that’s what we believe in the Christian faith.  That’s what’s stated in the scripture.”

I don’t know about you, but I found that article to be extremely chilling.

But this is the state of things in America today.  We have a dead church that is stuffed to the gills with dead ministers, and the people are not being told the truth about the great shaking that is coming to America.

And when the great shaking comes, there will be multitudes of these dead churches and ministries that will go under and never rise again.

Meanwhile, God will be raising up a Remnant, and that Remnant is going to shake the world.

So what do you think about all of this?

Please feel free to share your thoughts by posting a comment below…

Source: Economics Collapse Blog

America Has Become A Lawless Nation – Hillary Clinton Magically Cleared By The FBI

Hillary Clinton - Photo by Nathania JohnsonMichael Snyder | Economics Collapse Blog

It is hard to be proud to be an American today after watching FBI director James Comey magically clear Hillary Clinton of all wrongdoing.  Sadly, Comey is likely to go down in history as the man that struck the final death blow to the rule of law in America.  During his address to the media, Comey admitted that Clinton sent or received 110 emails in 52 email chains that contained classified material at the time they were sent.  But of course there were probably many more.  Comey told the press that it was “likely that there are other work-related emails that they did not produce … that are now gone because they deleted all emails they did not return to State, and the lawyers cleaned their devices.”  So basically Clinton turned over to the FBI whatever she felt like turning over, and then she destroyed the rest of the evidence.  As a former lawyer, this infuriates me, but it doesn’t surprise me.

In fact, it doesn’t surprise me at all that Hillary Clinton was allowed to skate.  I expected this all along.  If you search the thousands of articles that I have posted on The Economic Collapse Blog and End Of The American Dream, you will find many articles where I say that Hillary Clinton should be in prison, but not a single one where I ever said that I thought she would be going to prison.

This is how politics in America works today.  People like Bill and Hillary Clinton could openly sacrifice children to Satan on the White House lawn and still probably not get into trouble.  Despite scandal after scandal going all the way back to Arkansas in the 1980s, nothing ever sticks to them, and nothing probably ever will.

In this case, FBI director James Comey essentially had to rewrite federal law in order to clear Clinton.  This is something that Andrew McCarthy explained very well in his article entitled “FBI Rewrites Federal Law to Let Hillary Off the Hook”

There is no way of getting around this: According to Director James Comey (disclosure: a former colleague and longtime friend of mine), Hillary Clinton checked every box required for a felony violation of Section 793(f) of the federal penal code (Title 18): With lawful access to highly classified information she acted with gross negligence in removing and causing it to be removed it from its proper place of custody, and she transmitted it and caused it to be transmitted to others not authorized to have it, in patent violation of her trust. Director Comey even conceded that former Secretary Clinton was “extremely careless” and strongly suggested that her recklessness very likely led to communications (her own and those she corresponded with) being intercepted by foreign intelligence services.

—–

In essence, in order to give Mrs. Clinton a pass, the FBI rewrote the statute, inserting an intent element that Congress did not require. The added intent element, moreover, makes no sense: The point of having a statute that criminalizes gross negligence is to underscore that government officials have a special obligation to safeguard national defense secrets; when they fail to carry out that obligation due to gross negligence, they are guilty of serious wrongdoing. The lack of intent to harm our country is irrelevant. People never intend the bad things that happen due to gross negligence.

The amazing thing is that the FBI handled a highly similar case very, very differently less than a year ago.  Just check out what happened to Naval reservist Bryan Nishimura

U.S. Magistrate Judge Kendall J. Newman immediately sentenced Nishimura to two years of probation, a $7,500 fine, and forfeiture of personal media containing classified materials. Nishimura was further ordered to surrender any currently held security clearance and to never again seek such a clearance.

According to court documents, Nishimura was a Naval reservist deployed in Afghanistan in 2007 and 2008. In his role as a Regional Engineer for the U.S. military in Afghanistan, Nishimura had access to classified briefings and digital records that could only be retained and viewed on authorized government computers. Nishimura, however, caused the materials to be downloaded and stored on his personal, unclassified electronic devices and storage media. He carried such classified materials on his unauthorized media when he traveled off-base in Afghanistan and, ultimately, carried those materials back to the United States at the end of his deployment. In the United States, Nishimura continued to maintain the information on unclassified systems in unauthorized locations, and copied the materials onto at least one additional unauthorized and unclassified system.

Nishimura’s actions came to light in early 2012, when he admitted to Naval personnel that he had handled classified materials inappropriately. Nishimura later admitted that, following his statement to Naval personnel, he destroyed a large quantity of classified materials he had maintained in his home. Despite that, when the Federal Bureau of Investigation searched Nishimura’s home in May 2012, agents recovered numerous classified materials in digital and hard copy forms. The investigation did not reveal evidence that Nishimura intended to distribute classified information to unauthorized personnel.

So what is the difference between Nishimura and Clinton?

Neither of them ever intended to do anything wrong.

So why were they treated so differently?

Needless to say, social media is exploding with outrage over this decision to let Clinton go free.  Many Americans are openly asking why they should continue to play by the rules if politicians like Hillary Clinton are not required to do so.

Unfortunately, this is what America has become.  Our politicians are a reflection of who we are as a society, and as I have stated before Hillary Clinton is going to be the overwhelming favorite if there is an election in November.  At this moment, she has solid leads in all of the “swing states”, and she only really needs to win one of them

Perhaps you enjoy talk of battleground states. Well, there’s a scenario for you, too. First, pick the six “closest” swing states (VA, NH, IA, OH, FL, NC). Got it? Now understand that New Hampshire excepted, Clinton only has to win one of them in order to reach the requisite 270 electoral votes to win. (Optional third step for Republicans only: start shotgunning Pabst Blue Ribbon and don’t stop until November.)

Lest any Trump supporters seek solace in poll numbers, recent polls have Trump sliding further behind in all the relevant swing states. According to a Ballotpedia battleground poll released last week, Trump trails by 14% in Florida, 4% in Iowa, 10% in North Carolina, 9% in Ohio, and 7% in Virginia.

Hillary Clinton is a horrible, evil, miserable human being, and right now she is the odds-on favorite to become the next president of the United States.

But ultimately it is the American people that are to blame for blindly supporting corrupt politicians such as Clinton, and if they willingly pick her to be our next president then we will certainly deserve whatever consequences follow.

Source: Economics Collapse Blog

European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies

Stock Exchange Trading Floor - Public DomainRight Side News note: Michael Snyder warns that Brexit is the trigger event that will accelerate the full fledged financial implosion that was already on the horizon. 

Global investors had already lost trillions over the past 12 months, and a full-blown financial implosion was going to happen no matter how the vote turned out, but thanks to British voters the fun and games have arrived early.

Unfortunately, only a very small fraction of the population understands just how bad things are going to get in the months ahead…

Michael Snyder | Economics Collapse Blog

Over the last two trading days, European banks have lost 23 percent of their value.  Let that number sink it for a bit.  In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out.  I warned you that the Brexit vote “could change everything“, and that is precisely what has happened.  Meanwhile, the Dow was down another 260 points on Monday as U.S. markets continue to be shaken as well.  Overall, approximately three trillion dollars of global stock market wealth has been lost over the last two trading days.  That is an all-time record, and any doubt that we have entered a new global financial crisis has now been completely eliminated.

But of course the biggest news on Monday was what happened to European banks.  The Brexit vote has caused financial carnage for those institutions unlike anything that we have ever seen before.  Just check out this chart from Zero Hedge

European Banking Crash - Zero Hedge

I knew that things would be bad if the UK voted to leave the European Union, but I didn’t know that they would be this bad.

Prior to all of this, a whole bunch of “too big to fail” banks all over Europe were already in the process of imploding, and now this chaotic financial environment may push several of them into full-blown collapse mode simultaneously.  Just consider the following commentary from Wolf Richter

Healthy big banks would get over Brexit and the political turmoil it is spawning, particularly non-UK banks. But there are no healthy big banks in Europe. And non-UK banks are crashing just as hard, and some harder. This is about a banking crisis morphing into a financial crisis.

These bank stocks got crushed on Friday. And they got crushed again today. Italian banks have been reduced to penny stocks. Spanish banks are getting closer. Commerzbank, Germany’s second largest bank, and still partially owned by the German government as a consequence of the last bailout, is well on the way.

One institution that I have been warning about for months is German banking giant Deutsche Bank.  On Monday, their stock fell another 5.77 percent to a fresh all-time closing low of 13.87.  I have been convinced that Deutsche Bank is going to zero for a long time, but these days it seems in quite a hurry to get there.

Of course Deutsche Bank is far from alone.  The following are other “too big to fail” European banks that have lost at least one-fifth of their value over the past two trading days…

-Barclays
-Royal Bank of Scotland
-Lloyds Banking Group
-Credit Suisse
-BNP Paribas
-Societe Generale
-UniCredit
-Intesa SanPaolo
-Banca Monte dei Paschi di Siena
-Banco Santander
-CaixaBank

This is what a full-blown financial crisis looks like, and U.S. banks have been getting hit very hard too

The Brexit contagion is spreading as USD liquidity and counterparty risk in the interconnected global financial system has reached US banks with Goldman at 3 year lows and BofA and Citi plunging over 12%. This happens just two days after the Fed released its latest stress test results finding that none of the 33 banks tested would need additional capital in case of a “severe” financial crisis. That conclusion may be tested soon.

Meanwhile, the British pound continues to get absolutely pummeled.  As I write this, the GBP/USD is down to 1.32, and some are now warning that the British pound may hit parity with the U.S. dollar by the end of the year.

One of the reasons why I expect the British pound to continue to tumble is because the global elite have to show the British people that they made the wrong decision, and they need to scare off any other countries that would consider holding similar votes.

So it was no surprise that the elite had two of their major credit rating agencies downgrade the UK on Monday

Two major rating agencies downgraded the United Kingdom’s credit rating on Monday.

S&P Global Ratings lowered the UK to AA from AAA, with a “negative” outlook. And, Fitch cut its rating to AA from AA+, with a negative outlook as well.

And as I mentioned yesterday, Bank of America and Goldman Sachs have already projected that the UK economy is heading into recession.

As much economic and financial pain as possible will be inflicted upon the British people, and meanwhile they will be bombarded by mainstream news stories telling them that they made a stupid decision.

Hopefully the British people will stand strong and will not give in to the pressure.

But of course it isn’t just the British people that will be feeling the pain.  The Brexit vote has sent shockwaves all over the planet, and global investors are losing tremendous amounts of money.  For instance, here in the United States approximately 1.3 trillion dollars of stock market wealth has been wiped out so far…

Brexit isn’t just a European problem after all. The United Kingdom’s decision to quit the European Union is costing U.S. investors a pretty penny.

U.S.-based companies in the broad Russell 3000, including online advertising company Alphabet (GOOGL), software maker Microsoft (MSFT) and global bank JPMorgan Chase (JPM), have suffered a collective loss of $1.3 trillion since Friday’s shocker from the United Kingdom, according to a USA TODAY analysis of data from S&P Global Market Intelligence.

Hopefully tomorrow will be better.  It is very rare for global financial markets to crash for three days in a row, but it could happen.  More likely, however, is that we will see some kind of temporary bounce as long as some really negative event doesn’t hit the news.

But let there be no doubt about what has just happened.  The collapse of Lehman Brothers was the “trigger event” that really accelerated the crisis of 2008, and now it appears as though the Brexit vote will be the “trigger event” that greatly accelerates the crisis of 2016.

Global investors had already lost trillions over the past 12 months, and a full-blown financial implosion was going to happen no matter how the vote turned out, but thanks to British voters the fun and games have arrived early.

Unfortunately, only a very small fraction of the population understands just how bad things are going to get in the months ahead…

Source: Economics Collapse Blog

Southern California Time Bomb: The Ground Surrounding The San Andreas Fault Is ‘Rising And Sinking’

Pacific Plate And The North American PlateMichael Snyder | Economics Collapse Blog

If you reside on the west coast, you are living on borrowed time.  As you will see below, stress has been building up along the San Andreas fault for more than a century, and scientists tell us that southern California is way overdue for a major earthquake.  When that stress is finally released, the U.S. Geological Survey says that we could be looking at hundreds of billions of dollars in damage.  If you follow my work regularly, then you already know that there has been unusual shaking all along the “Ring of Fire” so far in 2016.  But thankfully the west coast of the United States has been spared from a major disaster up to this point.  Unfortunately, scientists assure us that it is only a matter of time before one strikes, and that is why it is so alarming that the ground surrounding the San Andreas fault has been “rising and sinking”.  The following comes from the Los Angeles Times

For the first time, scientists have produced a computer image showing huge sections of California rising and sinking around the San Andreas fault.

The vertical movement is the result of seismic strain that will be ultimately released in a large earthquake.

The California coastline is where two enormous tectonic plates come together.  The Pacific plate and the North American plate are slowly but surely moving against one another, and this creates a tremendous amount of geological stress.  While areas on both sides of the San Andreas fault have been steadily rising and sinking as a result of this stress, there are sections of the fault itself that have remained “locked” for more than 100 years, and other sections that have remained locked for more than 300 years

The region of the San Andreas fault between Monterey County and Imperial County hasn’t moved in a significant way in more than 150 years, and other parts of the fault have been accumulating stress for more than 300 years.

This build up of stress is extremely dangerous, because the more stress that builds up the worse the ultimate release of that stress could turn out to be.

If you look at this map from the U.S. Geological Survey, you can see all of the earthquakes of magnitude 2.5 or greater that have hit California within the past seven days.  As you can see, there has been a whole lot of shaking going on…

California Earthquakes June 2015 - U.S. Geological Survey

And let us not forget that earlier this month a magnitude 5.2 earthquake struck near San Diego, and it was followed by more than 800 aftershocks.

Unfortunately, none of these quakes has relieved the stress along the San Andreas fault.  While the San Andreas fault may be the most famous of the faults in southern California, the truth is that there are many others.  And just last year the U.S. Geological Survey admitted that the probability of a “megaquake” along the west coast involving multiple faults at once was significantly greater than they had previously been projecting

A recent report by the U.S. Geological Survey shows the inevitability of just such a quake, which is predicted to hit within the next couple of decades.

“The new likelihoods are due to the inclusion of possible multi-fault ruptures, where earthquakes are no longer confined to separate, individual faults, but can occasionally rupture multiple faults simultaneously,” lead author of the study and USGS scientist, Ned Field says. “This is a significant advancement in terms of representing a broader range of earthquakes throughout California’s complex fault system.”

But of course the San Andreas fault represents an absolutely massive threat to southern California all by itself.

Back in May, the Los Angeles Times quoted the director of the Southern California Earthquake Center as saying that the San Andreas fault is “locked, loaded and ready to roll”…

“The springs on the San Andreas system have been wound very, very tight. And the southern San Andreas fault, in particular, looks like it’s locked, loaded and ready to go,” Jordan said in the opening keynote talk.

Other sections of the San Andreas fault also are far overdue for a big quake. Further southeast of the Cajon Pass, such as in San Bernardino County, the fault has not moved substantially since an earthquake in 1812, and further southeast toward the Salton Sea, it has been relatively quiet since about 1680 to 1690.

Here’s the problem: Scientists have observed that based on the movement of tectonic plates, with the Pacific plate moving northwest of the North American plate, earthquakes should be relieving about 16 feet of accumulated plate movement every 100 years. Yet the San Andreas has not relieved stress that has been building up for more than a century.

A number of years ago, a study conducted by the U.S. Geological Survey found that just a magnitude 7.8 earthquake along the southern San Andreas fault would cause more than 1,800 deaths, 50,000 injuries and 200 billion dollars in damage.

So what would a magnitude 8 or worse quake do?

And even though the U.S. Geological Survey does not believe that parts of California will eventually fall into the ocean, it is very open about the fact that Los Angeles and San Francisco will one day “be adjacent to one another” as the Pacific plate and the North American plate slowly slip past each other…

Will California eventually fall into the ocean?

No. The San Andreas Fault System, which crosses California from the Salton Sea in the south to Cape Mendocino in the north, is the boundary between the Pacific Plate and North American Plate. The Pacific Plate is moving northwest with respect to the North American Plate at approximately 46 millimeters per year (the rate your fingernails grow). The strike-slip earthquakes on the San Andreas Fault are a result of this plate motion. The plates are moving horizontally past one another, so California is not going to fall into the ocean. However, Los Angeles and San Francisco will one day be adjacent to one another!

Meanwhile, while we are talking about southern California, I just had to mention the record-breaking heatwave and the horrific wildfires that are plaguing the region this week.  In fact, two massive wildfires that have been raging out of control threaten to combine “into one super fire”

Two new fires raging in California could soon merge, creating one ‘super fire’, as wild blazes continue to consume thousands of acres and have already force massive evacuations.

Throughout the United States, firefighters are battling blazes of varying degrees in nine states, including California, New Mexico, Arizona, Alaska, Montana, Washington, Utah, Wyoming and Colorado.

The most serious of these fires have been week-old blazes in California, New Mexico and Arizona, where scorching triple-digit temperatures have stoked the flames.

Normally we don’t see wildfires of this size and intensity until the late summer or early fall.

As I constantly remind my readers, last year was the worst year for wildfires in all of U.S. history, and so far this year we are more than a million acres ahead of the pace that was set last year.

We live at a time when our planet is becoming increasingly unstable.  Earthquakes, volcanic eruptions, wildfires, historic droughts and unusual flooding events all seem to be on the rise globally.

So is there a reason why all of this is happening, or are we just going through a time when we are experiencing an astounding string of truly bizarre coincidences?

Please feel free to tell us what you think by posting a comment below…

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*

Source: Economics Collapse Blog

Republican Operatives Launch All-Out Effort To Unbind The Delegates And Deny Trump The Nomination

Donald Trump Cube - Public DomainMichael Snyder |

If you think that Donald Trump already has the Republican nomination locked up, then you don’t understand what is going on behind the scenes.  It has long been my contention that the elite will move heaven and earth in order to keep Trump from ever setting foot in the Oval Office.  One way that they could try to do this is by attempting to deny him the nomination at the Republican convention next month.  Over the past couple of days, the Washington Post, CNN and a whole host of other mainstream news outlets have been reporting on a new “last-ditch effort” that has been launched by Republican operatives to get the Republican convention Rules Committee to unbind all of the delegates and allow them to vote however they want.  As you will see below, they can do this, and if they get enough votes they will do it.

This current effort is different from what we have seen so far during this campaign season, because it is actually being organized by the delegates themselves.  The following comes from the Washington Post

Dozens of Republican convention delegates are hatching a new plan to block Donald Trump at this summer’s party meetings, in what has become the most organized effort so far to stop the businessman from becoming the GOP presidential nominee.

The moves come amid declining poll numbers for Trump and growing concern among Republicans that he is squandering his chance to defeat Democrat Hillary Clinton. Several controversies — including his racial attacks on a federal judge, his renewed call to temporarily ban Muslims from entering the United States and his support for changing the nation’s gun laws — have raised fears among Republicans that Trump is not really a conservative and is too reckless to run a successful race.

This movement is being spearheaded by a delegate from Colorado named Kendal Unruh.  She is actually a key member of the Republican convention Rules Committee, and this is very important for reasons that I will explain below.

For her, it is not about getting some other specific candidate nominated.  Rather, the entire goal is simply to stop Donald Trump

This literally is an ‘Anybody but Trump’ movement,” said Kendal Unruh, a Republican delegate from Colorado who is leading the campaign. “Nobody has any idea who is going to step in and be the nominee, but we’re not worried about that. We’re just doing that job to make sure that he’s not the face of our party.

So what will it take for Unruh and her allies to be successful?

As Fox News explained, there are basically two courses of action…

To prevail, Unruh needs a majority of the 112 members of the convention rules committee, which has two delegates from each state and territory. Then, a majority of the full convention’s 2,472 delegates would have to approve.

There’s a Plan B. If Unruh can win over one-fourth support from the rules committee — just 29 delegates — the full convention must vote on her proposal. So far she’s got around 10 supporters though some prefer delaying the rule’s impact until the 2020 convention, she said.

On Thursday night, Unruh was on a conference call that included at least 30 delegates from 15 different states, and the Washington Post says that regional coordinators for this effort have been recruited “in Arizona, Iowa, Louisiana, Washington and other states.”

One individual that took part in this conference call on Thursday night told CNN that calls are pouring in from people all over the country that want to be part of this movement…

I will tell you, about every two hours people contact me about how to join this effort,” Lonegan said. “This has never been done before, so there’s no textbook on how to do it. So we’re building an organic effort, state by state, to convince members of the Rules Committee to sign onto a rule that unbinds the delegates to vote their moral conscience.”

So could the Republican convention Rules Committee actually do this?

Could they actually unbind all of the delegates and allow them to vote however they wished?

Well, yes they actually could do this.  As Time Magazine has explained, the Republican convention Rules Committee essentially has the power to make up any rules that they want…

It has the power to review and amend all of the rules of the Republican Party, pending ratification by the full convention. If it wanted to, it could insert a rule that says only candidates with blue hair could be the party’s nominee. It’s that powerful. In a contested scenario, the Rules Committee would be ground zero for fights over who and how candidates are nominated on the floor, as well as how the convention itself is conducted.

And thanks to political wrangling by the Cruz campaign, we do know that the rules committee is dominated by delegates that are loyal to Cruz

The convention rules committee is made up of one man and one woman from each of the 50 states, U.S. territories, and the District of Columbia. Dominated by party insiders and loyalists to Texas Sen. Ted Cruz—who aggressively worked state conventions to secure slots on the committee—it remains to be seen what the committee’s appetite would be for such a dramatic break from the existing rules.

If I was Donald Trump, I would be taking this very, very seriously.

But at this point he seems to be brushing it off

“I have tremendous support and get the biggest crowds by far and any such move would not only be totally illegal but also a rebuke of the millions of people who feel so strongly about what I am saying,” Trump said in a statement. “People that I defeated soundly in the primaries will do anything to get a second shot — but there is no mechanism for it to happen.”

Right at this moment we still have about a month left before the convention.

So that gives those involved in the anti-Trump movement quite a bit of time to rally their forces.

The rule change that would unbind all of the delegates and free them up to “vote their consciences” has already been drafted.  Here is the text of the proposed rule change…

Preserving Delegates’ Ability to Vote Their Individual Conscience

The secretary of the national convention shall receive and faithfully announce and record each delegate’s vote in accordance with these rules. If any such delegate notifies the secretary of his or her intent to cast a vote of conscience, whether personal or religious, each such delegate shall be unbound and unconstrained by these rules on any given vote, including the first ballot for the selection of the Republican nominee for President of the United States, without the risk of challenge, sanction, or retribution by the Republican National Committee. Allowable personal reasons shall include the public disclosure of one or more grievous acts of personal conduct by a nominee candidate, including but not limited to, criminally actionable acts, acts of moral turpitude or extreme prejudice, and/or notorious public statements of support for positions that clearly oppose or contradict the policies embodied in the Republican Party’s platform as established at the national convention.

In my new book, I warn about the great political shaking that is coming to this nation, and if this rule change is even attempted at the Republican convention it would create seismic shifts in the U.S. political landscape.

Of course there is still one huge question that I have not even addressed in this article yet.

If Trump has the nomination taken away from him, who would the Republican nominee be?

Some are convinced that it would be Paul Ryan, but I believe that it would be somebody else.

Mitt Romney has certainly not hidden his disdain for Donald Trump, and right now he is quietly waiting in the wings.  If the anti-Trump forces get their way, I believe that he would be the man that ultimately walks away with the prize.

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*

Source: Economics Collapse Blog

15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See

U.S. Economy - Public DomainMichael Snyder | Economics Collapse Blog

You are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time.  And it is vital that we focus on the facts, because all over the Internet you are going to find lots and lots of people that have opinions about what is going on with the economy.  And of course the mainstream media is always trying to spin things to make Barack Obama and Hillary Clinton look good, because those that work in the mainstream media are far more liberal than the American population as a whole.

It is true that I also have my own opinions, but as an attorney I learned that opinions are not any good unless you have facts to back them up.  So please allow me a few moments to share with you evidence that clearly demonstrates that we have already entered a major economic slowdown.  The following are 15 facts about the imploding U.S. economy that the mainstream media doesn’t want you to see…

1. Industrial production has now declined for nine months in a row.  We have never seen this happen outside of a recession in all of U.S. history.

2. U.S. commercial bankruptcies have risen on a year over year basis for seven months in a row and are now up 51 percent since September.

3. The delinquency rate on commercial and industrial loans has been rising since January 2015.

4. Total business sales in the United States have been steadily dropping since the middle of 2014.  No, I did not say 2015.  Total business sales have been in decline for nearly two years now, and we just found out that they dropped again

Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!

5. U.S. factory orders have been dropping for 18 months in a row.

6. The Cass Shipping Index has been falling on a year over year basis for 14 consecutive months.

7. U.S. coal production has dropped to the lowest level in 35 years.

8. Goldman Sachs has its own internal tracker of the U.S. economy, and it has fallen to the lowest level since the last recession.

9. JPMorgan’s “recession indicators” have risen to the highest level that we have seen since the last recession.

10. Federal tax receipts and state tax receipts usually both start to fall as we enter a new recession, and that is precisely what is taking place right now.

11. The Federal Reserve’s Labor Market Conditions Index has been falling for five months in a row.

12. The employment numbers that the government released for last month were the worst that we have seen in six years.

13. According to Challenger, Gray & Christmas, layoff announcements at major firms are running 24 percent higher this year than they were at this time last year.

14. Online job postings on the business networking site LinkedIn have been declining steadily since February after 73 months in a row of growth.

15. The number of temporary workers in the United States peaked and started falling precipitously before the recession of 2001 even started.  The exact same thing happened just prior to the beginning of the 2008 recession.  So would it surprise you to learn that the number of temporary workers in the United States peaked in December and has fallen dramatically since then?

Earlier today, we learned that two of our biggest corporations will be laying off even more workers.  Bank of America, which is holding more of our money than any other bank in the country, has announced that it is going to be cutting about 8,000 more workers

Bank of America is expected to reduce staffing in its consumer banking division by as many as 8,000 more jobs.

The nation’s largest retail bank by deposits has already reduced the staffing in its consumer division from more than 100,000 in 2009 to about 68,400 as of the end of the first quarter of 2016, said Thong Nguyen, Bank of America’s president of retail banking and co-head of consumer banking at the Morgan Stanley Financials Conference Tuesday.

And Wal-Mart has announced that it is going to be eliminating “back-office accounting jobs” at approximately 500 locations

Walmart is going to cut some back-office accounting jobs at about 500 stores in a bid to become more efficient.

The job cuts will occur mostly at stores mostly in the West and involve accounting and invoicing workers, says spokesman Kory Lundberg. Instead, bookkeeping functions will be switched to Walmart’s home office in Bentonville, Ark. Cash at the stores will be counted by machine.

Day after day we are hearing about more layoffs like this.  So why would this be happening if the U.S. economy truly was in “recovery mode”?

Even with how manipulated the GDP numbers are these days, Barack Obama is on course to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent.  The truth is that our economy has been stuck in the mud ever since the end of the last recession, and now a major new downturn has clearly already begun.

And you want to know who else realizes this?

Foreign investors do.

Last month, foreign investors dumped U.S. debt at the fastest pace ever recorded

Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of April, according to U.S. Treasury Department data on Wednesday, as investors priced in a few more rate increases by the Federal Reserve this year.

Foreigners sold $74.6 billion in U.S. Treasury debt in the month, after purchases of $23.6 billion in March. April’s outflow was the largest since the U.S. Treasury Department started recording Treasury debt transactions in January 1978.

There is no debate any longer – the next economic crisis is already here.  This is so abundantly obvious at this point that even George Soros has been feverishly dumping stocks and buying gold.

We can argue about whether the U.S. economy started turning down in late 2015, early 2015 or late 2014, and it is good to have those debates.

But at the end of the day, what is far more important is what is ahead.  Fortunately, our downturn has been fairly gradual so far, and let us hope that it stays that way for as long as possible.

In much of the rest of the world, things are already in full-blown panic mode.  For instance, Venezuela was once the wealthiest nation in South America, but now people are literally hunting cats and dogs for food.

Absent a major “black swan event” of some sort, we won’t see that happening in the United States for at least a while yet, but without a doubt we are steamrolling toward a major economic depression.

Unfortunately for all of us, there isn’t anything that any of our politicians are going to be able to do to stop it.

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*

Source: Economics Collapse Blog

George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?

George Soros - Photo by Niccolo Caranti

Michael Snyder

Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”?  If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money.  But if a major financial crisis is imminent, he stands to make obscene returns.  So does George Soros know something that the rest of us do not?  Could it be possible that he has spent too much time reading websites such as The Economic Collapse Blog?  What are we to make of all of this?

The recent trading moves that Soros has made are so big and so bearish that they have even gotten the attention of the Wall Street Journal

Worried about the outlook for the global economy and concerned that large market shifts may be at hand, the billionaire hedge-fund founder and philanthropist recently directed a series of big, bearish investments, according to people close to the matter.

Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil.

Hmmm – it sounds suspiciously like George Soros and Michael Snyder are on the exact same page as far as what is about to happen to the global economy.

You know that it is very late in the game when that starts happening…

One thing that George Soros is particularly concerned about that I haven’t been talking a lot about yet is the upcoming Brexit vote.  If the United Kingdom leaves the EU (and hopefully they will), the short-term consequences for the European economy could potentially be absolutely catastrophic

Mr. Soros also argues that there remains a good chance the European Union will collapse under the weight of the migration crisis, continuing challenges in Greece and a potential exit by the United Kingdom from the EU.

If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable,” he said.

The Brexit vote will be held two weeks from today on June 23rd, and we shall be watching to see what happens.

But Soros is not just concerned about a potential Brexit.  The economic slowdown in China also has him very worried, and so he has directed his firm to make extremely bearish wagers.

According to the Wall Street Journal, the last time Soros made these kinds of bearish moves was back in 2007, and it resulted in more than a billion dollars of gains for his company.

Of course Soros is not alone in his bearish outlook.  In fact, Goldman Sachs has just warned that “there may be significant risk to the downside for the market”

Goldman Sachs is getting nervous about stocks.

In a note to clients, equity strategist Christian Mueller-Glissmann outlined the firm’s fears that there may be significant risk to the downside for the market.

Ultimately, George Soros and Goldman Sachs are looking at the same economic data that I share with my readers on a daily basis.

As I have been documenting for months, almost every single economic indicator that you can possibly think of says that we are heading into a recession.

For instance, just today I was sent a piece by Mike Shedlock that showed that federal and state tax receipts are really slowing down just like they did just prior to the last two recessions…

US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.

The last two times the survey plunged this much, the US was already in recession.

Is it different this time?

Tax Receipts - Mish Shedlock

And online job postings on LinkedIn have now been falling precipitously since February after 73 months in a row of growth

After 73 consecutive months of year-over-year growth, online jobs postings have been in decline since February. May was by far the worst month since January 2009, down 285k from April and down 552k from a year ago.

Last week, the government issued the worst jobs report in nearly six years, and the energy industry continues to bleed good paying middle class jobs at a staggering rate.  The following comes from oilprice.com

That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 people laid off in the oil and gas industry worldwide.

Texas is one place feeling the pain. Around 99,000 direct and indirect jobs in the Lone Star state have been eliminated since prices collapsed two years ago, or about one third of the entire industry. In April alone there were about 6,300 people in oil and gas and supporting services that were handed pink slips. Employment in Texas’ oil sector is close to levels not seen since the aftermath of the financial crisis in 2009. “We’re still losing big chunks of jobs with each passing month,” Karr Ingham, an Amarillo-based economist, told The Houston Chronicle.

At this point it is so obvious that we have entered a new economic downturn that I don’t know how anyone can possibly deny it any longer.

Unfortunately, the reality of what is happening has not sunk in with the general population yet.

Just like 2008, people are feverishly racking up huge credit card balances even though we stand on the precipice of a major financial crisis…

American taxpayers are quick to criticize the federal government for its ever-increasing national debt, but a new study released Wednesday found taxpayers are also saddled with debt, and are likely to end 2016 with a record high $1 trillion in outstanding balances.

Wallethub, a site that recommends credit cards based on consumers’ needs, said that will be the highest amount of credit card debt on record, surpassing even the years during and before the Great Recession. The site said the record high was in 2008, when people owed $984.2 billion on their credit cards.

Will we ever learn?

This has got to be one of the worst possible times to be going into credit card debt.

Sadly, the “dumb money” will continue to act dumb and the “smart money” (such as George Soros) will continue to quietly position themselves to take advantage of the crisis that is already starting to unfold.

We can’t change what is happening to the economy, but we do have control over the choices that we make.

So I urge you to please make your choices wisely.

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*

Source: Economics Collapse Blog

Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened

Temporary Jobs Help ServicesMichael Snyder

What you are about to see is major confirmation that a new economic downturn has already begun.  Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out.  But when you really start digging into those numbers, you quickly find that things are even worse than most analysts are suggesting.

In particular, the number of temporary jobs in the United States has started to decline significantly after peaking last December.  Why this is so important is because the number of temporary jobs started to decline precipitously right before the last two recessions as well.

You see, when economic conditions start to change, temporary workers are often affected before anyone else is.  Temporary workers are easier to hire than other types of workers, and they are also easier to fire.

In this chart, you can see that the number of temporary workers peaked and started to decline rapidly before we even got to the recession of 2001.  And you will notice that the number of temporary workers also peaked and started to decline rapidly before we even got to the recession of 2008.  This shows why the temporary workforce is considered to be a “leading indicator” for the U.S. economy as a whole.  When the number of temporary workers peaks and then starts to fall steadily, that is a major red flag.  And that is why it is so incredibly alarming that the number of temporary workers peaked in December 2015 and has fallen quite a bit since then…

Temporary Help Services

In May, the U.S. economy lost another 21,000 temporary jobs, and overall we have lost almost 64,000 since December.

If a new economic downturn had already started, this is precisely what we would expect to see.  The following is some commentary from Wolf Richter

Staffing agencies are cutting back because companies no longer need that many workers. Total business sales in the US have been declining since mid-2014. Productivity has been crummy and getting worse. Earnings are down for the fourth quarter in a row. Companies see that demand for their products is faltering, so the expense-cutting has started. The first to go are the hapless temporary workers.

Another indicator which is pointing to big trouble for American workers is the Fed Labor Market Conditions Index.  Just check out this chart from Zero Hedge, which shows that this index has now been falling on a month over month basis for five months in a row.  Not since the last recession have we seen that happen…

Fed Labor Market Conditions MoM

Of course I have been warning about this new economic downturn since the middle of last year.  U.S. factory orders have now been falling for 18 months in a row, job cut announcements at major companies are running 24 percent higher up to this point in 2016 than they were during the same time period in 2015, and just recently Microsoft said that they were going to be cutting 1,850 jobs as the market for smartphones continues to slow down.

As I have been warning for months, the exact same patterns that we witnessed just prior to the last major economic crisis are playing out once again right in front of our eyes.

Perhaps you have blind faith in Barack Obama, the Federal Reserve and our other “leaders”, and perhaps you are convinced that everything will turn out okay somehow, but there are others that are doing what they can to get prepared in advance.

It may surprise you to learn that George Soros is one of them.

According to recent media reports, George Soros has been selling off investments like crazy and has poured tremendous amounts of money into gold and gold stocks

Maybe the best argument in favor of gold is that American legendary investor and billionaire George Soros has recently sold 37% of his stock and bought a lot more gold and gold stocks.

George Soros, who once called gold ‘the ultimate bubble,’ has resumed buying the precious metal after a three-year hiatus. On Monday, the billionaire investor disclosed that in the first quarter he bought 1.05 million shares in SPDR Gold Trust, the world’s biggest gold exchanged-traded fund, valued at about $123.5 million,” Fortune and Reuters reported Tuesday.

George Soros didn’t make his fortune by being a dummy.

Obviously he can see that something big is coming, and so he is making the moves that he feels are appropriate.

If you are waiting for some type of big announcement from the government that a recession has started, you are likely going to be waiting for quite a while.

How it usually works is that we are not told that we are in a recession until one has already been happening for an extended period of time.

For instance, back in mid-2008 Federal Reserve Chairman Ben Bernanke insisted that the U.S. economy was not heading into a recession even though we found out later that we were already in one at the moment Bernanke made that now infamous statement.

On my website, I have been documenting all of the red flags that are screaming that a new recession is here for months.

You can be like Ben Bernanke in 2008 and stick your head in the sand and pretend that nothing is happening, or you can honestly assess the situation at hand and adjust your strategies accordingly like George Soros is doing.

Of course I am not a fan of George Soros at all.  The shady things that he has done to promote the radical left around the globe are well documented.  But they don’t call people like him “the smart money” for no reason.

Down in Venezuela, the economic collapse has already gotten so bad that people are hunting dogs and cats for food.  For most of the rest of the world, things are not nearly that bad, and they won’t be that bad for a while yet.  But without a doubt, the global economy is moving in a very negative direction, and the pace of change is accelerating.

Those that are wise have already been getting prepared, and those that are convinced that everything is going to be just fine somehow have not been getting prepared.

In the end, most people end up believing exactly what they want to believe, and we are not too far away from the time when those choices are going to have very severe consequences.

Source: Economics Collapse Blog

40 Volcanoes Are Erupting Right Now As The Crust Of The Earth Becomes Increasingly Unstable

Volcano Erupting 2 - Public Domain Michael Snyder Have you noticed that our planet has begun to shake, rattle and roll?  Over the past few days we have seen major volcanic eruptions in Costa Rica and Indonesia, and according to Volcano Discovery 40 volcanoes around the planet are erupting right now as you read this article. Meanwhile, earthquakes continue to shake the globe with alarming regularity.  Just last week, Ecuador was hit by a magnitude 6.7 earthquake and a magnitude 6.8 earthquake in rapid succession.  Overall, there have been more than 3,000 earthquakes of magnitude 1.5 or greater within the past month globally.  So yes, I write constantly about the rapidly accelerating deterioration of our financial system, but the coming “collapse” is not just about money.  I am convinced that we are entering a “perfect storm” in which a confluence of factors will absolutely cripple society and bring about changes that most of us would not even dare to imagine right now. Let’s talk about the volcanic eruptions that we have seen in recent days.  The eruption down in Costa Rica took authorities completely by surprise, and a thick layer of dust and ash is coating vehicles and buildings 30 miles away in the capital city of San Jose

A volcano has erupted in central Costa Rica, belching smoke and ash up to 3,000m (9,840ft) into the air. Hundreds of people have gone to hospital, complaining of breathing difficulties and skin problems. Some schools were shut and some flights into the country cancelled or diverted. People in the capital San Jose, about 45km (30 miles) west of the Turrialba volcano, said layers of ash had coated buildings and cars and there was a fierce smell of sulphur.
Leading up to this eruption, there were “swarms of small earthquakes” in the vicinity of the volcano, but scientists assured the public that these earthquake swarms were “not signs of an imminent eruption.” Keep that in mind, because later in the article I am going to show you something. But first let us talk about the other major eruption that is happening right now.  Down in Indonesia, Mount Sinabung has violently erupted, and this is causing all sorts of chaos
The death toll from a volcanic eruption in western Indonesia has climbed to six, an official said Sunday, with fears more could have been trapped by the hot ash. Three people also remain in a critical condition after Mount Sinabung, a highly-active volcano on Sumatra island, unleashed a series of fresh eruptions on Saturday afternoon, disaster agency spokesman Sutopo Purwo Nugroho said. “Nine people were struck by the hot clouds. Six died, and three others remain critical with burns,” he said, adding the injured had been taken to hospital.
According to one report, “torrents of lava” are pouring out of the volcano, and this is just one example of how volcanoes that were once considered to be “inactive” are coming to life all over the world.  In fact, prior to 2010 Mount Sinabung had been dormant for about 400 years. Meanwhile, there is “unprecedented” activity at Iceland’s very dangerous Baroabunga volcano.  This one is not erupting quite yet, but we definitely want to keep an eye on it, because a major eruption there would have serious implications for Europe. To finish this article, I would like to provide an update to a piece that I posted last week on End of the American Dream.  Just prior to the eruption of the Turrialba volcano in Costa Rica, there were significant earthquake swarms in the vicinity of the volcano.  Well, the exact same thing is happening at three major volcanoes in the United States right now. I would like to share three images with you that come from Google Earth via the Pacific Northwest Seismic Network.  This first image shows the earthquake activity that has taken place in the area around Mt. St. Helens in recent days.  Over the past month there have been 95 earthquakes in the region, and most of them have been centered right along the core of the volcano… Mt. St. Helens Today This next image shows what has been happening at Mt. Rainier.  Those that follow my work closely already know that I consider it to be the most dangerous mountain in America and that I believe that a major eruption of the volcano is coming in the not too distant future.  There have been 36 earthquakes at Mt. Rainier over the past month, and once again most of them have occurred right along the core of the volcano… Mt. Rainier Today Mt. Hood is also a very dangerous volcano.  There have been 126 earthquakes in the vicinity of Mt. Hood in recent days, and in this image you can see that the earthquakes have been centered very tightly on a spot on the south face of the mountain.  This is alarming because it was also the south side of Mt. St. Helens that violently erupted back in 1980… Mt. Hood Today When there are major volcanic eruptions or major earthquakes in other parts of the globe, many Americans don’t seem to care too much because they don’t think that this rise in global seismic activity is any sort of a threat to them personally. But the truth is that the entire west coast of the United States lies along the Ring of Fire, and virtually every other section of the Ring of Fire is roaring to life these days. At some point, there will be historic earthquakes on the west coast. At some point, there will be historic volcanic eruptions on the west coast. Scientists assure us that these things are inevitable. So let us certainly hope for the best, but putting our heads in the sand and pretending that these dangers do not exist is not going to help matters one bit. Get prepared while you still can, because at some point time will run out. *About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*
Source: Economics Collapse Blog]]>