According to the scientific data, nearly all humans have a certain degree of psychic awareness. And some of us become acutely aware of it. The term, Remote Viewing, was coined by the US Department of Defense when they began training people in this field. It is the art of viewing an unknown target at any distance within the mind’s eye and retrieving accurate data. To refine this data, Remote Viewers work together as a team and look for redundant data.
Remote Viewing teams such as, the Future Forecasting Group, work with a double-blind protocol. This means that they do not know where or what the target is. The information they are given is an arbitrarily designated number such as; A9I5-Q7K4. As they blindly view the target in a meditative state of focus, imagery is flashed in the mind and immediately sketched out and collected. The Future Forecasting Group has been successful at predicting the Panama Canal incident, the Destruction of the Kakhovka Dam in Ukraine, the Halloween stampede in South Korea, police violence at the Canadian Trucker protest, and many others. Which can all be found at Future Forecasting Group.com.
The Future Forecasting Group was recently assigned the target of the next financial crisis. Because of their double-blind protocol, the only information they were given was an arbitrary number. But the Viewers were all distracted by overpowering images of a catastrophic event. They all saw the same thing. Massive explosions with multiple points of impact, small particles, and debris falling from the sky, people sick with Cesium, which is the most dangerous of all radioactive isotopes. Used in Dirty Bomb scenarios. They saw police checkpoints, people seeking shelter underground, and an exodus of sad-looking people.
Remote Viewing goes back in the written record for millennia. And has been repeated in the current scientific record for decades. According to this body of work, most people are able to do this. And this is why Clif High’s Predictive Linguistics program works.
By reading the entirety of human language across the World Wide Web, the program will list repeated words and phrases in all languages creating a macroscopic view of what everyone is talking about. So if all humans are psychic, whether they know it or not, then you would see it in the collective chatter. Especially for traumatic events. The bigger the trauma, the more people would be emoting their anxiety online. And key words can be found. Such as the word “ejecta”, which has been showing up in Clif High’s work. Which shows the same event.
Predictive Linguistics reveals a time frame of when a big event happens at the point in time when the tension language ends, and the release language begins. The tension language is the psychic awareness before an event. And the release language is the event itself as everyone is made aware. Based on this, Clif High sees this event happening near the end of this year.
Both the Predictive Linguistics and the Future Forecasting Group saw that this was a decision that was made by some faction of government. Several saw a button being pressed. And they propose that if enough eyes are on the powers that be, maybe it will never happen.
]]>As people are red pilled, they come to realize these astonishing but true facts:
Must see: Steve Quayle’s new documentary Lies of Men and Gods at www.GenSix.com – this covers the transhumanism attack on humanity and the rise of the luciferian genocide pushers.
With the criminal felon president Lula in power in Brazil, that country will collapse into Venezuela territory. They’re already using a J6-like playbook to round up and persecute hundreds of pro-Brazil nationalists who protested the rigged election there. They are fighting for their lives because they know that if Lula is allowed to remain in power, Brazil will become a genocidal, dictatorial regime that wages war on its own people, much like the Biden regime in the USA (or the Trudeau regime in Canada).
Most likely in 2023 or 2024, we will see the final engineered collapse of western fiat currencies (dollar, euro, yen), orchestrated to drive the enslaved masses into CBDC systems that function as financial surveillance and control systems run by globalists. This event will, of course, be presented to the public as some sort of crisis — most likely a cyber attack on the banking system — that “requires” everyone to give up their fiat currency and private bank accounts in order to achieve “protection” and “security” offered by the Fed through CBDCs.
The CBDC rollout will not go well, we predict. It will be met with intense, sustained resistance for the simple reason that a growing number of people already know what these evil globalists are up to. Anyone participating in a CBDC loses control over their finances, since a government can simply shut off your digital wallet at any moment… which is exactly what Brazil has been doing to the bank accounts of protesters.
I cover all this and much more in today’s Situation Update podcast:
Discover more interviews and podcasts each day at: https://www.brighteon.com/channels/HRreport
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Mike Adams (aka the “Health Ranger“) is a best selling author (#1 best selling science book on Amazon.com called “Food Forensics“), an environmental scientist, a patent holder for a cesium radioactive isotope elimination invention, a multiple award winner for outstanding journalism, a science news publisher and influential commentator on topics ranging from science and medicine to culture and politics. Follow his videos, podcasts, websites and science projects at the links below.
Mike Adams serves as the founding editor of NaturalNews.com and the lab science director of an internationally accredited (ISO 17025) analytical laboratory known as CWC Labs. There, he was awarded a Certificate of Excellence for achieving extremely high accuracy in the analysis of toxic elements in unknown water samples using ICP-MS instrumentation. Adams is also highly proficient in running liquid chromatography, ion chromatography and mass spectrometry time-of-flight analytical instrumentation. He has also achieved numerous laboratory breakthroughs in the programming of automated liquid handling robots for sample preparation and external standards prep.
The U.S. patent office has awarded Mike Adams patent NO. US 9526751 B2 for the invention of “Cesium Eliminator,” a lifesaving invention that removes up to 95% of radioactive cesium from the human digestive tract. Adams has pledged to donate full patent licensing rights to any state or national government that needs to manufacture the product to save human lives in the aftermath of a nuclear accident, disaster, act of war or act of terrorism. He has also stockpiled 10,000 kg of raw material to manufacture Cesium Eliminator in a Texas warehouse, and plans to donate the finished product to help save lives in Texas when the next nuclear event occurs. No independent scientist in the world has done more research on the removal of radioactive elements from the human digestive tract.
Adams is a person of color whose ancestors include Africans and American Indians. He is of Native American heritage, which he credits as inspiring his “Health Ranger” passion for protecting life and nature against the destruction caused by chemicals, heavy metals and other forms of pollution.
Adams is the author of the world’s first book that published ICP-MS heavy metals analysis results for foods, dietary supplements, pet food, spices and fast food. The book is entitled Food Forensics and is published by BenBella Books.
In his laboratory research, Adams has made numerous food safety breakthroughs such as revealing rice protein products imported from Asia to be contaminated with toxic heavy metals like lead, cadmium and tungsten. Adams was the first food science researcher to document high levels of tungsten in superfoods. He also discovered over 11 ppm lead in imported mangosteen powder, and led an industry-wide voluntary agreement to limit heavy metals in rice protein products.
In addition to his lab work, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Through the non-profit CWC, Adams also launched Nutrition Rescue, a program that donates essential vitamins to people in need. Click here to see some of the CWC success stories.
With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource featuring over 10 million scientific studies.
Adams is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed “strange fibers” found in Chicken McNuggets, fake academic credentials of so-called health “gurus,” dangerous “detox” products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.
Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.
In addition to his activism, Adams is an accomplished musician who has released over fifteen popular songs covering a variety of activism topics.
Click here to read a more detailed bio on Mike Adams, the Health Ranger, at HealthRanger.com.
Find more science, news, commentary and inventions from the Health Ranger at:
All the stories I will talk about on today’s radio version of The JD Rucker Show are focused on this premise. We are witnessing the Deep State do things in recent months that go against their past norms. They’ve always operated in the shadows with zero transparency to the public and limited transparency to the government officials, most of whom they control anyway. Lately, they’ve been far more bold with their public posture.
It’s no coincidence that the Twitter Files are exposing them. I believe this is intentional. That’s not to say Elon Musk or the journalists he tasked with revealing the Twitter Files are complicit in the Deep State’s agenda. On the contrary, I think they are doing a fine job and have the right intentions, but let’s face it. If the Deep State didn’t want the information to come out, it never would have.
The same can be said about recent “whistleblowers” painting the CIA as directly involved in the assassination of John F. Kennedy Jr. Again, I do not believe the information would have been leaked out conveniently at about the same time unless the Deep State allowed it. They WANT us to be concerned about them, including “normies” who may have never even heard of the Deep State or assumed it was conspiracy theory fodder. For those who think that’s silly because it implicates them, I ask this: Does it really? Are you hearing about people getting fired or arrests being made at the CIA? Are they losing budget over this? Is anyone really pressing them? Or is it all fodder to make us think the truth is coming out when in reality they’re facing zero consequences as a result?
Now, we’re seeing the rising police state policies being used by the Deep State to promote the tyranny of the nanny state. It’s confusing, but hear me out. Police state policies include the use of technologies to keep track of us at all times. They position these things as a positive.
For example, the capture of alleged Idaho murderer Bryan Kohberger and much of the evidence that will be used to convict him were procured by the police state through “advanced” methods. We will all cheer if he is convicted and ignore the fact that the FBI used DNA they acquired from a family history service like Ancestry.com or 23 and Me. Has your DNA been given to a company that will tell you your great, great grandmother was Irish? If so, the Deep State has your DNA.
The use of cell phone pings was instrumental in locating Kohberger. But the same people who were able to pinpoint his location this way claim identical technology used in 2000 Mules is inaccurate. They’ll also ask us to ignore the fact that they had isolated cell location data on the January 6 pipe bomber. We’ve even seen security footage showing the bomber using his phone on his way to drop off the bombs. The FBI increased the reward to $500,000 for information about a man they almost certainly already know. It’s all Kabuki Theater.
Now, take it all a step further with the nanny state driving the narrative that we need government to control our lives. Will the Deep State use the police state to go after people who are insufficiently limiting their carbon emissions or eating too much meat? Will they track people who don’t want to participate in the Digital Dollar as their only means of commerce? Will they put people like you and me on a list of potential domestic terrorists because we aren’t getting jabbed?
An article by John and Nisha Whitehead breaks down what they believe to be 19 of the steps that our government will take this year to bring us closer to total tyranny. I will cover this in today’s episode and expand on some of the pieces, which are listed below. I don’t agree with all of them but I am preserving their writing because we don’t always have to agree on everything. They’re close enough, so it’s a worthwhile post.
Let me know what you think about their list in the comments.
“There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice.”—Montesquieu, Enlightenment philosopher
For those wondering what to expect from the government in 2023, it looks like we’re going to be in for more of the same in terms of the government’s brand of madness, mayhem, corruption and brutality.
Digital prisons. Unceasingly, the government and its corporate partners are pushing for a national digital ID system. Local police agencies have already been given access to facial recognition software and databases containing 20 billion images, the precursor to a digital ID. Eventually, a digital ID will be required to gain access to all aspects of life: government, work, travel, healthcare, financial services, shopping, etc. Before long, biometrics (iris scans, face print, voice, DNA, etc.), will become the de facto digital ID.
Precrime. Under the pretext of helping overwhelmed government agencies work more efficiently, AI predictive and surveillance technologies are being used to classify, segregate and flag the populace with little concern for privacy rights or due process. All of this sorting, sifting and calculating is being done swiftly, secretly and incessantly with the help of AI technology and a surveillance state that monitors your every move. AI predictive tools are being deployed in almost every area of life.
Mandatory quarantines. Building on precedents established during the COVID-19 pandemic, government agents may be empowered to indefinitely detain anyone they suspect of posing a medical risk to others without providing an explanation, subject them to medical tests without their consent, and carry out such detentions and quarantines without any kind of due process or judicial review.
Mental health assessments by non-medical personnel. As a result of a nationwide push to train a broad spectrum of so-called gatekeepers in mental health first-aid training, more Americans are going to run the risk of being reported by non-medical personnel and detained for having mental health issues.
Tracking chips for citizens. Momentum is building for corporations and the government alike to be able to track the populace, whether through the use of RFID chips embedded in a national ID card, microscopic chips embedded in one’s skin, or tags in retail products.
Military involvement domestically. The future, according to a Pentagon training video, will be militaristic, dystopian and far from friendly to freedom. Indeed, all signs point to the battlefield of the future being the American home front. Anticipating this, the government plans to have the military work in conjunction with local police to quell civil unrest domestically.
Government censorship of anything it classifies as disinformation. In the government’s ongoing assault on those who criticize the government—whether that criticism manifests itself in word, deed or thought—government and corporate censors claiming to protect us from dangerous, disinformation campaigns are, in fact, laying the groundwork now to preempt any “dangerous” ideas that might challenge the power elite’s stranglehold over our lives.
Threat assessments. The government has a growing list—shared with fusion centers and law enforcement agencies—of ideologies, behaviors, affiliations and other characteristics that could flag someone as suspicious and result in their being labeled potential enemies of the state. Before long, every household in America will be flagged as a threat and assigned a threat score. It’s just a matter of time before you find yourself wrongly accused, investigated and confronted by police based on a data-driven algorithm or risk assessment culled together by a computer program run by artificial intelligence.
War on cash. The government and its corporate partners are engaged in a concerted campaign to shift consumers towards a digital mode of commerce that can easily be monitored, tracked, tabulated, mined for data, hacked, hijacked and confiscated when convenient. This push for a digital currency dovetails with the government’s war on cash, which it has been subtly waging for some time now. In recent years, just the mere possession of significant amounts of cash could implicate you in suspicious activity and label you a criminal.
Expansive surveillance. AI surveillance harnesses the power of artificial intelligence and widespread surveillance technology to do what the police state lacks the manpower and resources to do efficiently or effectively: be everywhere, watch everyone and everything, monitor, identify, catalogue, cross-check, cross-reference, and collude. Everything that was once private is now up for grabs to the right buyer. With every new AI surveillance technology that is adopted and deployed without any regard for privacy, Fourth Amendment rights and due process, the rights of the citizenry are being marginalized, undermined and eviscerated.
Militarized police. Having transformed local law enforcement into extensions of the military, the Department of Homeland Security, the Justice Department and the FBI are moving into the next phase of the transformation, turning the nation’s police officers into techno-warriors, complete with iris scanners, body scanners, thermal imaging Doppler radar devices, facial recognition programs, license plate readers, cell phone extraction software, Stingray devices and so much more.
Police shootings of unarmed citizens. Owing in large part to the militarization of local law enforcement agencies, not a week goes by without more reports of hair-raising incidents by police imbued with a take-no-prisoners attitude and a battlefield approach to the communities in which they serve. Police brutality and the use of excessive force continues unabated.
False flags and terrorist attacks. Almost every tyranny being perpetrated by the U.S. government against the citizenry—purportedly to keep us safe and the nation secure—has come about as a result of some threat manufactured in one way or another by our own government. This has become the shadow government’s modus operandi regardless of which party is in power: the government creates a menace—knowing full well the ramifications such a danger might pose to the public—then without ever owning up to the part it played in unleashing that particular menace on an unsuspecting populace, it demands additional powers in order to protect “we the people” from the threat.
Endless wars to keep America’s military’s empire employed. The military and security industrial complexes that have advocated that the U.S. remain at war, year after year, are the very entities that will continue to profit the most from America’s expanding military empire abroad and here at home.
Erosions of private property. Private property means little at a time when SWAT teams and other government agents can invade your home, break down your doors, kill your dog, wound or kill you, damage your furnishings and terrorize your family. Likewise, if government officials can fine and arrest you for growing vegetables in your front yard, praying with friends in your living room, installing solar panels on your roof, and raising chickens in your backyard, you’re no longer the owner of your property.
Overcriminalization. The government has increasingly adopted the authoritarian notion that it knows best and therefore must control, regulate and dictate almost everything about the citizenry’s public, private and professional lives. Overregulation and overcriminalization have been pushed to such outrageous limits that federal and state governments now require on penalty of a fine that individuals apply for permission before they can grow exotic orchids, host elaborate dinner parties, gather friends in one’s home for Bible studies, give coffee to the homeless, let their kids manage a lemonade stand, keep chickens as pets, or braid someone’s hair.
Strip searches and the denigration of bodily integrity. Court rulings undermining the Fourth Amendment and justifying invasive strip searches have left us powerless against police empowered to forcefully draw our blood, forcibly take our DNA, strip search us, and probe us intimately. Individuals—men and women alike—continue to be subjected to what is essentially government-sanctioned rape by police in the course of “routine” traffic stops.
Censorship. First Amendment activities are being pummeled, punched, kicked, choked, chained and generally gagged all across the country. Free speech zones, bubble zones, trespass zones, anti-bullying legislation, zero tolerance policies, hate crime laws and a host of other legalistic maladies dreamed up by politicians and prosecutors have conspired to corrode our core freedoms. The reasons for such censorship vary widely from political correctness, safety concerns and bullying to national security and hate crimes but the end result remains the same: the complete eradication of what Benjamin Franklin referred to as the “principal pillar of a free government.”
Taxation Without Any Real Representation. As a Princeton University survey indicates, our elected officials, especially those in the nation’s capital, represent the interests of the rich and powerful rather than the average citizen. We are no longer a representative republic. With Big Business and Big Government having fused into a corporate state, the president and his state counterparts—the governors—have become little more than CEOs of the Corporate State, which day by day is assuming more government control over our lives. Never before have average Americans had so little say in the workings of their government and even less access to their so-called representatives.
Year after year, the government remains the greatest threat to our freedoms, and yet year after year, “we the people” allow ourselves to be suckered into believing that politics will fix what’s wrong with the country.
Indeed, as I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, this is the very definition of insanity.
Constitutional attorney and author John W. Whitehead is founder and president of The Rutherford Institute. His most recent books are the best-selling Battlefield America: The War on the American People, the award-winning A Government of Wolves: The Emerging American Police State, and a debut dystopian fiction novel, The Erik Blair Diaries. Whitehead can be contacted at [email protected]. Nisha Whitehead is the Executive Director of The Rutherford Institute. Information about The Rutherford Institute is available at www.rutherford.org.
]]>Nevertheless, it’s a much better list than most that I read. On today’s episode of The JD Rucker Show, I dove into this list for about the last two-and-a-half segments. Here’s the video from Gab.tv which we are trying to grow, plus a backup from Brighteon is below the article.
The year 2022 was one of surprises: Russia’s invasion of Ukraine, persistent inflation fueled by energy costs, the collapse of FTX and crypto markets, the revelations of the so-called Twitter Files, and one of the worst equity markets in recent history, to name but a few.
The year 2023 is poised to present some equally challenging circumstances. Here are 12 trends, events, or surprises that may come to shape and define the year ahead.
I may be the minority report here, but I do not believe we’ve seen the end of—or worst of—inflation in the United States. I argue that following a lag in which price growth appears to moderate, Consumer Price Index (CPI) inflation returns to the 8–12 percent range, where it persists for the rest of the year. This will be cost-push inflation, not demand-pull (see the second point below), and a lagging result of trebling the money supply in the United States since 2009. Stagflation returns, with the Misery Index (inflation plus unemployment) hitting new highs.
This is a less controversial proposition at this stage, as most economists and analysts agree that recession looks highly probable for 2023. The first half of 2023 is likely to be characterized by negative GDP, rising unemployment, and an insecure consumer. The wave of layoffs which began in the tech sector in 2022 spreads to other industries and sectors, and migrates down from large-cap corporations like Meta and Amazon to small- and medium-sized enterprises which are disproportionately affected by the slowdown.
While in the near term Western Europe may be spared the worst possible outcomes due to a mild winter, the underlying factors which led to the energy crisis haven’t been resolved. Germany, the European Union’s largest economy, made a Faustian bargain believing that it could abandon its coal industry and any nuclear aspiration and instead place their trust in the Russians—against all historical experience—and a green utopia. France similarly backed away from its path to energy independence—nuclear power—and are paying the price. While both have recently repented these misjudgments, the path to recovery will take years, not months. In the meantime, supply shortages will continue to plague these economies.
Energy markets will continue their bull run for the foreseeable future as a result of continued supply disruptions and refinery constraints. Bitcoin and Ethereum emerge from a long, dark crypto winter, but altcoins remain frozen out. The dollar begins a long, if slow and turbulent, slide from 2022 highs, as peak demand from rapidly rising interest rates eases.
The unforgettable geopolitical lesson of the pandemic era has been that just-in-time supply-chain dependence on countries that many or may not have another nation’s interest at heart represents a dangerous strategic folly. It’s well and good that we learned this lesson when we did. Countries around the world are now aggressively working to realign their supply chains and ensure that they have strategic resources in adequate supply to meet unexpected, Black Swan events. Look for increasingly protectionist and nationalistic policies to dominate trade discussions.
Long-standing partnerships, such as the United States’s relationship with Saudi Arabia, have already begun to unravel. Expect further strengthening of the China and Russia-led alliance involving former U.S. allies, or at least non-aligned nations such as India, Turkey, South Africa, and Brazil. Most vulnerable to geopolitical shifts are countries in Africa, Southeast Asia, and South America. Because of sanctions warfare and incoherent or at least inconsistent foreign policy, the United States ends up in a net deficit position, losing more friends than it gains in this process.
Hard money returns to favor, with commodity-backed currencies taking the spotlight. Alt payment systems, petrodollars being replaced with petrorubles or petroyuans, as well as central bank-issued digital currencies, will all conspire to slowly erode the U.S. dollar’s share of global financial and trade flows.
While it may not be realistic to think that Russia can bomb the Ukrainian people into submission, the increasing costs of supporting Ukraine’s war with Russia will challenge political leaders across the West. This fatigue will increase as more citizens start to ask reasonable questions about whether hundreds of billions of dollars or euros might not be better spent to take on some of the domestic economic and social challenges that these nations face at home. Eventually, Western governments and Putin each decide that a half a loaf is better than no loaf at all.
The recent uncovering of high-level frauds and corruptions involving U.S. government agencies and personnel continues. Increasing transparency leads to accountability. Eventually, the evidence becomes too overwhelming to ignore; arrests, trials, and convictions ensue. Congressional hearings lead to wave of resignations and first steps toward fundamental institutional reform.
While we should expect the growling and barking to grow louder, with more frequent air space incursions, naval activity, intimidations, and outright threats, it is highly unlikely that China invades Taiwan in 2023. While China most certainly would prefer to confront Taiwan while the Biden administration remains in power, rather than face an improbable return of Donald Trump to the presidency, Xi Jingping’s government will conclude that they are not ready, militarily, politically, or otherwise, to invade Taiwan. Domestic issues, including a worsening economy and rising social unrest within mainland China, will mean that creating a row with the United States and other trading partners in the West remains untenable for the time being. While Russia might be able to make do without selling gas to Germany, there is no way the Chinese economy can survive if abruptly cuts itself off from the United States and Western Europe.
While I am not optimistic about the first half, I take great comfort in the breadth and resilience of the American economy. There is enormous unleashed latent potential in oil and gas, in manufacturing onshoring, in supply-chain realignment, and in new technologies such as AI, quantum computing, blockchain, and cold fusion.
What could derail a more V-shaped recovery are the same forces that helped bring the recession about: poor policy decisions that continue to damage our energy industry, keep our borders insecure, and fail to dismantle the out-of-control regulatory bureaucracy that is impeding innovation in energy, manufacturing, financial services, and technology. These are some of the largest sectors in the economy and those which have been most negatively affected by the Biden administration’s imprudent return to Obama-era economic policies.
]]>#1 The IMF: “We expect one-third of the world economy to be in recession. Even countries that are not in recession, it would feel like recession for hundreds of millions of people”
#2 Bloomberg: “Economists say there is a 7-in-10 likelihood that the US economy will sink into a recession next year, slashing demand forecasts and trimming inflation projections in the wake of massive interest-rate hikes by the Federal Reserve.”
#3 The World Bank: “As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank.”
#4 Bank of America CEO Brian Moynihan: “We’re going to have a shallow recession”
#5 Mohamed El-Erian: “Many ‘high-conviction’ U.S. recession calls are immediately coupled with the assertion that it’ll be ‘short and shallow.’ Reminds me of the behavioral trap ‘transitory inflation’ proponents fell into last year”
#6 Nouriel Roubini: “No, this is not going to be a short and shallow recession, it’s going to be deep and protracted”
#7 Larry Summers: “My sense is that it’s much harder than many people think to achieve a soft landing”
#8 Goldman Sachs CEO David Solomon: “Economic growth is slowing,” Goldman Sachs CEO David Solomon said at the same conference. “When I talk to our clients, they sound extremely cautious.”
#9 Charles Schwab & Co.’s Liz Ann Sonders: “We have to take our medicine still, meaning a weaker economy and a weaker labor market. The question is, is it better to take our medicine sooner or later?”
#10 BlackRock: “Central bankers won’t ride to the rescue when growth slows in this new regime, contrary to what investors have come to expect. They are deliberately causing recessions by overtightening policy to try to rein in inflation”
#11 Michael Burry: “Inflation peaked. But it is not the last peak of this cycle. We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition. Fed will cut and government will stimulate. And we will have another inflation spike. It’s not hard.”
As you can see, there is a general consensus that things will be bad in 2023, but there is disagreement about just how deep the coming economic downturn will turn out to be.
If the worst of these forecasts turn out to be accurate, that will actually be incredibly good news.
Because the reality of what we will be facing in 2023 is likely to be significantly worse than any of these experts are currently projecting.
With each passing day, we continue to get even more numbers that indicate that big trouble is ahead.
For example, we just learned that luxury home sales absolutely cratered during the months of September, October and November…
Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012.
The luxury market and the overall housing market lost momentum in 2022 due to many of the same factors: inflation, relatively high interest rates, a sagging stock market and recession fears.
We haven’t seen anything like this since 2008.
And we all remember what the housing crash of 2008 ultimately did to the financial markets.
Normally, the beginning of a calendar year is a time for optimism. As we look forward to a completely clean slate, it can be easy to forget the difficulties of the previous 12 months.
But this year things seem completely different. On some level, just about everyone can feel that very challenging times are ahead of us.
Decades of very foolish decisions are starting to catch up with us in a major way. Our leaders tried very hard to keep the party going for as long as possible, and to a certain extent they were quite successful in doing so.
Our politicians in Washington kept borrowing and spending trillions upon trillions of dollars that we did not have, and that definitely delayed our day of reckoning.
And the Federal Reserve kept the financial markets artificially propped up for years by endlessly pumping giant mountains of fresh cash into the system. But such foolish measures only made our long-term problems even worse, and now our leaders are losing control.
All of the “mega-bubbles” are starting to burst, and the system is beginning to fall apart all around us. It is time to turn out the lights, because the party is over.
We all had a lot of fun while it lasted, but now the bill is due and an extraordinary amount of pain is ahead.
***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com. In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible.
I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.
I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.
Article cross-posted from The Economic Collapse Blog.
]]>While I have done my best to celebrate the Christmas season and ignore the commie curmudgeons bah-humbug-ing all around, it has felt as if government-worshiping Krampus creatures have been let loose (or are they trans-Krampus, demon-worshiping leftists wearing antlers and spreading Marxist hate?). Consider the parade of horribles unleashed during just the last few weeks:
Congress passed a two-trillion-dollar spending monstrosity that looks like little more than a long list of bribes and IOUs come due. The same Uniparty Republicans that could never find spare change for President Trump’s border wall have seen fit to fund every leftist fever pitch imaginable. Scrutinizing the 4,155 pages of omnibus filth and its 3,213 Democrat earmarks, writer Deroy Murdock bluntly concludes that “Mitch McConnell transformed the Senate GOP into a wishing well for Democrats.”
Handicapping incoming House Republicans’ budgetary powers for the next year, the exercise in printing and burning U.S. dollars (and exacerbating inflation) protects the borders of foreign countries all over the world, while going out of its way to make sure America’s are left wide open. Manchurian McConnell defends sending another forty-five billion dollars to Ukraine as “morally right,” while Americans from coast to coast are struggling to survive unchecked inflation, unaffordable food and fuel prices, crumbling infrastructure (actual bridges and roads, not the “reparations” and “climate change” hooey leftists now define as “infrastructure”), unguarded borders, the further impoverishment of once-prosperous blue-collar towns, an emotionally-crippling rise in suicides and fentanyl-related overdoses, COVID-1984-initiated wealth destruction, and the prospect of a looming monster recession (which we entered months ago but must not acknowledge — silence, citizen!).
I nearly flew out of my chair when I heard the backstabbing Turtle (flanked by his Uniparty Republican Old Guard) tell reporters, “Providing assistance for the Ukrainians to defeat the Russians, that’s the number one priority for the United States right now, according to most Republicans. That’s sort of how we see the challenges confronting the country at the moment.” Which “Republicans” feel that way — the Democrat-supporting RINOs who hate actual Republican voters or the ones who have already been paid off with quid-pro-quo windfalls to their campaign war chests, family-run political action committees, and favorite self-serving “charities”? I am not surprised that McConnell is willfully blind to the real “challenges confronting the country”; I am surprised that his Uniparty corruption and disdain for normal Americans are so robust that he’d happily spill the beans to the whole world! McConnell and all who rally by his side sell out America for personal gain and will continue to “fundamentally transform” this nation into another failed totalitarian Marxist State.
Elon Musk’s “Twitter Files” confirm that the platform is primarily a Deep State tool for psychologically manipulating and censoring public opinion. After President Trump’s 2016 victory shocked the cloistered “ruling class,” the FBI dedicated an 80-strong team of agents to monitor and influence Twitter (and who knows how many more interference agents to do the same elsewhere on social media), and the rest of the Intelligence Community got straight to work using the FBI censorship team as a weapon for mass psychological warfare (including blacklisting, deplatforming, and demonetizing any speakers adverse to government interests) against the American people.
To no one’s surprise, Twitter and bureaucratic agents of the State conspired to suppress COVID information and silence dissenting points of view that contradicted official U.S. government policy “narratives.” FBI Trump-Russia-collusion-hoaxer-turned-Twitter-executive Jim Baker argued that President Trump violated Twitter policy (thereby deserving suspension and language control) for tweeting just before the 2020 election that he felt better than ever after having recovered from COVID and urging Americans to be resilient and unafraid! (For Big Government control mechanisms to work, Americans must be kept in a permanent state of fear!)
Brit Hume has digested the tranche of “Twitter Files” thus far released and dispassionately concludes that the purpose of the secretive relationship between Twitter and the U.S. government is perfectly clear: censorship. Yet even amid the revelation of these grotesque violations of the First Amendment, V-un-IP V.P. Kamala Harris still demands that social media companies spread Democrats’ propaganda in the name of “protecting our democracy.” And while the U.S. government censors American citizens, it has been caught paying foreign reporters to push climate apocalypse doomsaying across the globe!
With the destruction of America’s territorial sovereignty almost complete and millions of illegal aliens streaming into the interior, the Department of Homeland Security (specializing in its opposite) has issued a “gag order” restricting agents from telling Americans the truth about just how lawless our lawless border has become.
The forced mRNA injections have caused so many injuries, miscarriages, and “sudden deaths” that now even once-prominent proponents of universal “vaccination” are ringing alarm bells (too little, too late) in their horror.
The recent midterms proved that U.S. elections are now just ballot pump-n-dumps in which Uniparty operatives simply print scores of ballots, fill them out, ignore signature verification requirements, and collect fraudulent “victories.”
As if official Washington didn’t have enough money-laundering operations already filling its coffers, the criminals running the government have also been nonchalantly accepting payoffs from a child crypto-king washing billions of dollars from investor accounts into PACs, Ukraine War kickbacks, non-governmental organizations, philanthropic shell companies, and anywhere else accounting trails disappear.
In but one example of education curricula across the country attempting to brainwash children into accepting their fate as automatons controlled by an all-knowing totalitarian government, climate science teachers in the state of Washington have been instructed to prioritize “emotion” over “rational thinking” in their lesson plans and to explore the roles of “sexism in science” and “abuse of power” — in other words, to scare children into believing their planet is dying in a few short years and to indoctrinate their tiny captives into rejecting scientific achievements made by white males.
Finally, the Biden administration lied about how many jobs have been created; blue-state hellholes are reimposing mask mandates; influential people are openly accusing the CIA of having participated in the assassination of President Kennedy; and Congress released its farcically unconstitutional J6 report attempting to keep Trump from office — signaling clearly how much D.C. fears his 2024 re-election.
For a look at what evil heads our way in the New Year, take a glance at the liberty-crushing goose-stepping of our Western allies:
The World Economic Forum’s subsidiary Dutch government has begun an unjust expropriation of thousands of farms under the unscientific pretense of fighting “climate change” as a means for taking more control of the world’s food supply and eventually squeezing desperately starving peasants into submission. The European Union has moved forward with new carbon regulations that will necessarily lead to the future imposition of a personal carbon credit system under which all citizen activity is tracked, recorded, and scrutinized.
New Zealand has released an official guide for turning in potential “terrorists” who dare to oppose government policies. And as further evidence that freedom of thought is under attack throughout the West, U.K. police officers arrested a woman around Christmas for silently praying outside an abortion facility.
I’m ready to put 2022 in the rearview mirror. Let’s gear up for the fights ahead.
]]>Shortages of common drugs ranging from child fever reducing medication to antibiotics are already hitting. It’s going to get worse as we get deeper into winter. Some are predicting that by Spring of 2023 we will be in a full-scale pharmaceutical catastrophe as supply chains break down and shortages extend to other medications.
This makes sense when we consider the machinations of the globalist elite cabal bent on ushering in The Great Reset. Establishing public-private partnerships that put the power in the hands of unelected corporate officials is one of the keys to their success. There’s already an unofficial public-private partnership operating from the shadows in which the CDC and FDA trade talent back and forth with Big Pharma. Today’s regulators are tomorrow’s Pfizer VPs. Today’s Moderna executive directors are on tomorrow’s medical boards to determine the safety of new drugs. The relationship between Big Pharma and the government groups tasked with regulating them is downright lecherous.
On today’s episode of The JD Rucker Show, I listed the coming medical tyranny as one of ten machinations from the globalist elite cabal to expect in 2023. If all we had to deal with was a pharmaceutical shortage, we would be okay in the long run. But the powers-that-be appear to be planning another round of Pandemic Panic Theater. Lockdowns combined with a shortage could devastate the masses, prompting calls for government to do something. That’s exactly what they want.
Here’s a breakdown of what we’re already facing with children’s medications. Keep in mind this is BEFORE winter and the challenges of diseases that always accompany the cold season. According to Mac Slavo at SHTF Plan…
Walgreens and CVS pharmacies have started to limit (ration) the amount of children’s medicine that can be purchased amid an ongoing shortage. A Walgreens spokesperson told Nexstar that the decision to ration medication was due to “increased demand and various supplier challenges,” and that pediatric fever-reducing products are “seeing constraint across the country.”
CVS spokesperson Mary Gattuso said the drugstore chain created the product limit to ensure “equitable access for all our customers.” There is currently a two-product limit on all children’s pain relief products at all CVS Pharmacy locations and cvs.com, Gattuso confirmed. “We’re committed to meeting our customers’ needs and are working with our suppliers to ensure continued access to these items,” Gattuso said.
Remember, there are enough COVID shots, ingredients to make them, syringes, and needles to inject every human on this globe four times or more. Yet there’s a shortage of cold and flu medication.
The ruling class is blaming the shortage on the “tripledemic” and it being cold and flu season, even though this comes around every year.
“There are more sick kids at this time of year than we have seen in the past couple years,” said Dr. Shannon Dillon, a pediatrician at Riley Children’s Health in Indianapolis. Drugmaker Johnson & Johnson says it is not experiencing widespread shortages of Children’s Tylenol, but the product may be “less readily available” at some stores. The company said it is running its production lines around the clock.
These big pharma companies are making so many COVID shots they have to dispose of them because no one wants them anymore, but can’t be bothered to create over-the-counter medicines that help alleviate symptoms when someone gets sick. And yet, the masters continue to tell the slaves it’s a demand issue, not a supply issue.
Former Food and Drug Administration Commissioner Scott Gottlieb told CBS “Face the Nation” host Margaret Brennan on Sunday that shortages of children’s cold medicine, as well as an ongoing shortage of antibiotic drugs, are the result of unanticipated levels of demand, not a problem with the supply chain.
Gottlieb also added that the pharmaceutical industry’s “sophisticated supply chain” should catch up soon. Sure. Because they care so much about people, right?
While there are still drugs available on the shelves and behind the counter, it behooves us all to stock up on the medications we may need. The good news is that most drugs have long shelf lives as long as they remain sealed, but the better news is that they can retain potency and remain safe long after their “expiration date.”
According to NowRx:
So, how long does medication last after the expiration date? According to research, your medicine is likely still safe and effective years after its expiration date.
In fact, one study found that 90% of more than 100 drugs, both prescription and over-the-counter, were perfectly good to use even 15 years after the expiration date.
With the Chinese Communist Party controlling 90% of the ingredients used in American pharmaceuticals, it behooves us all to assume that massive shortages are coming. In the vein of hoping for the best but preparing for the worst, we encourage working with our sponsors for antibiotics delivered to your door to store just in case.
One does not have to be a “conspiracy theorist” to see the major risks we’re facing with pharmaceutical shortages that could lead to advanced medical tyranny. The prudent will be stocking up on any of the medicines and treatments they need today in case the pharmacies are shut down tomorrow.
According to an article by Michael Snyder at The Economic Collapse Blog, the release of new diseases is already happening…
How many millions have to die before people start to realize what is happening? For years, I have been persistently warning that we would soon enter an era of great pestilences, and now it is here. Sadly, what we have witnessed over the past few years is just the tip of the iceberg. At this point we have been perfectly primed for future pandemics because vast numbers of people all over the planet are now running around with compromised immune systems. That means that diseases will now be able to spread even more easily, and this is a trend that we have already started to see all throughout 2022.
Strep A is the latest illness to run wild in the western world. The number of children being admitted to the hospital with Strep A is way above normal in the U.S., and this appears to particularly be true in the western half of the country…
A deadly wave of Strep A infections in children looks set to take off in the US — weeks after the UK was hit by a spate of deaths.
At least two children have died in Colorado after suffering the normally-mild illness, and pediatric hospitals in five states — Arizona, Colorado, Texas, Washington and West Virginia — are reporting much higher levels of admissions than usual.
At the country’s largest pediatric hospital in Texas, doctors are already handling four times more Strep A patients than last year.
But this has not been a typical Strep A outbreak.
In fact, hospitals are reporting that children are coming in with very strange symptoms that are not usually associated with Strep A at all…
One of the largest children’s hospitals in Missouri is seeing an influx of children with bizarre Strep A symptoms – as the outbreak continues to spread in the US.
Children’s Mercy Kansas City Hospital has had seven children in recent weeks come in with symptoms like a ‘stuck’ eye, lumps behind the ear and trouble swallowing – which led to drooling.
Doctors were initially perplexed by the cases – but further testing found each child was suffering from Strep A. The normally-mild bacterial infection is causing a spate of hospitalizations across the US, UK and Europe.
So what is going on?
Is this a new form of Strep A that is more severe than we have ever seen before?
Right now there is so much that we do not know.
But what we do know is that Strep A is also spreading like wildfire in the UK and elsewhere.
This is an outbreak that we will want to keep a very close eye on, because it could end up killing a lot of kids.
Meanwhile, a “mystery disease” that causes “bleeding from the mouth and nose” has erupted in Afghanistan…
An unknown pathogen has infected more than 80 people and killed two children in the Afghan province of Zabul, Taliban authorities said. The disease causes intense fever and bleeding from the mouth and nose.
Taliban public health chief Abdul Hakim Hakimi said that clinics in the Shahjoy district of the province have seen a sharp increase in the numbers of people suffering from the “suspicious” disease in recent weeks, Afghanistan’s Hasht-e Subh Daily reported on Tuesday.
Hopefully this illness will be able to be contained in Afghanistan, because it sounds like it is really bad.
In China, health officials are dealing with a “thermonuclear” outbreak of COVID. According to one projection, there will soon be 800 million Chinese cases…
CHINA is facing a “thermonuclear” Covid outbreak says one expert, as hospitals and crematoriums start to overflow.
According to one estimate, Covid could spread rapidly until there are 800 million cases in 90 days after the Zero Covid policy of harsh lockdowns was ditched.
Video has emerged showing patients rammed into a hospital sleeping on floors and bodies stored in corridors, in a chilling echo of the when Covid first hit China.
If this is just one of the usual strains of COVID that is currently circulating around the globe, the number of cases should not get anywhere close to 800 million.
So precisely what is going on in China right now?
We are being warned that this new outbreak “could kill up to one million people”, and it is being reported that even now crematoriums are literally running out of space for all the dead bodies that are coming in…
Crematoriums across China said Tuesday they were straining to deal with an influx of bodies, as the country battles a wave of Covid cases that authorities have admitted is impossible to track.
Hospitals are struggling and pharmacy shelves have been stripped bare in the wake of the Chinese government’s sudden decision last month to lift nearly three years of lockdowns, quarantines and mass testing.
In Chongqing – a city of 30 million where authorities this week urged people with ‘mild’ Covid symptoms to go to work – one crematorium told AFP they had run out of space to keep bodies.
I am going to be watching developments in China very carefully, because I am not entirely convinced that we are getting the whole story.
On top of everything else, we are being told that the bird flu has become a “worldwide problem” as it continues to spread rapidly across the globe.
Here in the United States, the total death toll has now reached 58 million…
The highly contagious bird flu spread like wildfire across the US poultry stock this year, killing about 58 million birds – the deadliest outbreak in American history, according to US Agriculture Department data.
The bird flu is the main reason why turkey, chicken and eggs have become so absurdly expensive.
If you can believe it, the wholesale price of Midwest large eggs actually hit an all-time record high of $5.36 a dozen this month.
It wasn’t too long ago when I could buy a dozen eggs for 99 cents at the local grocery store.
Things are changing so rapidly now, and none of our lives are ever going to be the same again.
Earlier today, I was saddened to learn that life expectancy in the United States fell once again last year…
The death rate for the U.S. population increased by 5%, cutting life expectancy at birth to 76.4 years in 2021 from 77 years in 2020. The CDC in August released preliminary estimates demonstrating a similar decline. Before the pandemic, in 2019, life expectancy at birth in the U.S. was 78.8 years. The decline in 2020 was the largest since World War II.
Unfortunately, life expectancy is going to go a lot lower than that as the death rate continues to rise.
Countless numbers of people will die as various plagues and pestilences sweep across our planet in the years ahead.
But most people still don’t understand that conditions have fundamentally changed, and so they continue to expect that life will eventually “return to normal”…
Assume medical tyranny will be worse in 2023 than anything we’ve seen from 2020 until now. Assume that the drugs you need today are stocked up in your medicine cabinet and bugout bag. One does not have to be a “prepper” to be properly prepared for what’s to come. The last thing anyone wants to do is hear a warning, not heed it, and suffer the consequences of their lack of action. I’ll reiterate my recommendation of stocking up on antibiotics now.
]]>I remember in 2007 right before the epic derivatives collapse when media pundits were applauding the US housing market and predicting even greater highs in sales and in valuations. I had only been writing economic analysis for about a year, but I remember thinking that the overt display of optimism felt like compensation for something.
It seemed as if they were trying to pull the wool over the eyes of the public in the hopes that if people just believed hard enough that all was well then the fantasy could be manifested into reality. Unfortunately, that’s not how economics works.
Supply and demand, debt and deficit, money velocity and inflation; these things cannot be ignored. If the system is out of balance, collapse will set its ugly foot down somewhere and there’s nothing anyone including central banks can do about it. In fact, there are times when they deliberately ENGINEER collapse.
This is the situation we are currently in today as 2022 comes to a close. The Fed is in the midst of a rather aggressive rate hike program in a “fight” against the stagflationary crisis that they created through years of fiat stimulus measures. The problem is that the higher interest rates are not bringing prices down, nor are they really slowing stock market speculation. Easy money has been too entrenched for far too long, which means a hard landing is the most likely scenario.
In the early 2000s the Fed had been engaged in artificially low interest rates which inflated the housing and derivatives bubble. In 2004, they shifted into a tightening process. Rates in 2004 were at 1% and by 2006 they rose to over 5%.
This is when cracks began to appear in the credit structure, with 4.5% – 5.5% being the magic cutoff point before debt became too expensive for the system to continue the charade. By 2007/2008 the nation witnessed an exponential implosion of credit, setting off the biggest money printing bonanza in US history in order to save the banking sector, at least for a time.
Since nothing was actually fixed by the Fed back then, I will continue to use the 5% funds rate as a marker for when we will see another major contraction. The difference this time is that the central bank does not have the option to flood the economy with more fiat, at least not without immediately triggering a larger stagflationary spiral. I am also operating on the premise that the Fed WANTS a crash at this time.
As I noted in my article ‘The Fed Is Taking The Punch Bowl Away – But The Inflation Crisis Will Continue To Grow’, published in May:
“Mainstream financial commentators want to believe the Fed will capitulate because they desperately want the party in stock markets to continue, but the party is over. Sure, there will be moments when the markets rally based on nothing more than a word or two from a Fed official planting false hopes, but this will become rare. Ultimately, the Fed has taken away the punch bowl and it’s not coming back. They have the perfect excuse to kill the economy and kill markets in the form of a stagflationary disaster THEY CAUSED. Why would they reverse course now?”
My position is that the central bank has a global agenda that eclipses any national loyalty, and that it requires the decline of the American economy in order to expedite the introduction of Central Bank Digital Currencies (CBDCs) linked together through the IMF. So far they are getting exactly what they want and they are perfectly aware of what they are doing.
The Fed is expected to slow rate hikes to 50bps in December, but this is not assured with the jobs market still running hot from $8 trillion in covid stimulus the past two years (mostly lower paying retail and service sector jobs). By the February meeting of 2023 the Fed will be at or very near 5% interest rates, which I believe will help trigger a considerable plunge in markets and mass layoffs.
There are other factors to consider, though. One lesser known issue is the new 1% excise tax on stock buybacks planted within Biden’s Inflation Reduction Act. The measure, which goes into effect in January of next year, will not reduce prices on goods. That said, stock buybacks are still the primary means by which equities are kept afloat by major corporations. Over the past decade, buybacks have been funded by money borrowed from the Fed at near zero interest – essentially free money. Now, the easy money party is about to end.
The 1% excise tax added on top of a 5% Fed funds rate creates a 6% millstone on any money borrowed to finance future buybacks. This cost is going to be far too high and buybacks will falter. Meaning, stock markets will also stop, and drop. It will likely take two or three months before the tax and the rate hikes create a visible effect on markets. This would put our time frame for contraction around March or April of 2023.
Inflation is not going anywhere anytime soon, however. The underlying problem of energy prices needs to be considered as they contribute to further supply chain stress.
Think about this for a moment: The current reduction in oil prices and energy is artificial and government driven, not supply and demand driven. Oil prices in the US are being kept down by Joe Biden’s constant supply dumps from the strategic reserves. Eventually Biden is going to run out of oil to drop on markets and he will have to replenish those reserves at a much higher cost.
Furthermore, oil and energy prices are being kept down because of China’s suspiciously bizarre Zero Covid policy, which is slowing their economy to a crawl and reducing oil usage to a minimum. With public riots escalating, the CCP will probably seek to ease conditions as a means to placate dissent, playing a game of release the steam valve. A reopening by early next year is on the way, with a number of controls still in place of course.
As soon as China reopens, oil prices will skyrocket once again on the global market.
Then, there is the war in Ukraine and the ongoing sanctions against Russia. Europe is about to face the worst winter in decades with natural gas supplies severely limited and the cost of power for manufacturing no longer tenable. Their only hope is for mild temperatures for the rest of the season. If the current trend continues, production in Europe will be throttled, causing chaos in the global supply chain.
High energy prices and supply chain disruptions will mean ongoing inflated prices in goods and services well into 2023, even with a contraction in jobs markets and stock markets. I will be publishing an article soon with a working theory on how the US could actually stop inflation without crushing the rest of the economy. The model would require cooperation from leaders at the state level, though, along with a number of business interests that focus on necessities. In the meantime, I suggest readers stock provision whenever possible and organize within their local communities before next April.
Article cross-posted from Alt-Market.
]]>Home sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines.
Sales of previously owned homes dropped 5.9% from September to October, according to the National Association of Realtors.
This is already the longest streak of declining sales ever recorded, and this new housing crash is just getting started.
But of course what we have already witnessed has been pretty breathtaking.
According to Zero Hedge, U.S. home sales in October 2022 were 28.4 percent lower than they were in October 2021…
This monthly decline pushed the year-over-year drop in existing home sales to -28.4% – its worst level since 2008!
Sadly, things are likely to get even worse in the months ahead.
The following are 3 major factors which will make 2023 a historically painful year for the housing market…
Fed officials keep assuring us that interest rates are going to go even higher.
This is literally suicidal behavior, but they are going to do it anyway even though they fully understand what this will do to the housing market.
In fact, an economist at the Dallas Fed just published research which shows that U.S. home prices could soon fall by as much as 20 percent…
U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “severe” price correction, according to research from the Federal Reserve Bank of Dallas.
Fed policymakers need to strike a delicate balance as they try to deflate the housing bubble without bursting it, Dallas Fed economist Enrique Martínez-García wrote in the analysis published this week.
Officials at the Federal Reserve also know that hiking interest rates even higher will cause unemployment to go up.
We have already seen major layoff announcements at large corporations all over the nation, and now we can add Carvana to the list…
Carvana is laying off about 1,500 people, or 8% of its workforce, Friday following a free fall in the company’s stock this year, a weakening used vehicle market and concerns around the company’s long-term trajectory, according to an internal message first obtained by CNBC’s Scott Wapner.
The email from Carvana CEO Ernie Garcia, titled “Today is a hard day,” cites economic headwinds including higher financing costs and delayed car purchasing. He says the company “failed to accurately predict how this would all play out and the impact it would have on our business.”
If the Fed continues to raise rates, eventually millions of Americans could lose their jobs.
And because the vast majority of Americans are barely scraping by from month to month, all of a sudden we could have millions of homeowners that are unable to pay their mortgages.
Just like in 2008 and 2009, that would cause a catastrophic spike in foreclosures, and the ripple effects would be absolutely devastating for Wall Street.
During the last housing crash, millions of homeowners found themselves deeply underwater on their mortgages as home prices fell rapidly.
If home prices end up plunging 20 percent or more in 2023, we will once again have vast numbers of Americans that owe far more on their homes than they are currently worth.
In 2008 and 2009, large numbers of people that found themselves in such a situation decided to simply walk away from their mortgages.
If the same thing were to happen again, it would cause an extraordinary amount of pain for lenders. So let us hope that such a scenario does not materialize.
Unfortunately, we continue to get more numbers that indicate that we are heading into a very serious economic downturn.
For example, we just learned that the Conference Board’s index of leading economic indicators has now fallen for eight months in a row…
The Conference Board’s Leading Economic Indicators index showed that conditions further deteriorated in October, with the gauge down 0.8% from the previous month. That follows a 0.5% decline in September.
“The U.S. LEI fell for an eighth consecutive month, suggesting the economy is possibly in a recession,” said Ataman Ozyildirim, senior director of economic research at The Conference Board.
Meanwhile, yet another survey has found that the vast majority of U.S. consumers are currently living paycheck to paycheck…
A new employee report said on Friday that as many as 60% of U.S. consumers are living paycheck to paycheck.
The report, a collaboration between data analysis PYMNTS and LendingClub, said 55% of nearly 3,500 people surveyed said they have limited spending capacity, and 49% are shifting their shopping preferences.
The report said that 66% of those living paycheck to paycheck have slashed spending.
Most Americans will not be dealing with the harsh economic environment that is ahead from a position of financial strength.
When things get really bad, millions of people will suddenly not be able to pay their bills.
In particular, I feel really bad for those that purchased homes at or near the peak of the market. So many of them are going to end up losing those homes.
We may have been able to avoid another housing crash if our leaders had pursued much different policies.
But that didn’t happen, and now we are going to experience an immense amount of chaos in 2023 and beyond.
The Federal Reserve created the largest housing bubble in American history by flooding the system with money and pushing interest rates all the way to the floor.
Now they are violently bursting that bubble, and the months ahead are going to be extraordinarily painful for the housing market.
***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com. In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible.
I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.
I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.
Article cross-posted from The Economic Collapse Blog.
]]>All those things are set in stone and cannot be changed. Yet there are other significant risk factors that may or may not emerge, depending on world events. Those include:
Right now, we are mere weeks away from the mid-term elections, and the Biden regime is desperate to spark a war, unleash a pandemic, take down the power grid or do something drastic that will halt the election and keep his regime in power indefinitely. But there exist powerful, positive forces inside the system that are thwarting some of these efforts — so we’re told — and it’s not clear whether the bad guys will be able to successfully pull anything off before Nov. 8th. This is one area where government incompetence is actually a good thing.
Or perhaps they are relying on continued vote rigging to try to nullify the will of the people, but we suspect that this time around, it’s going to be a lot harder to cheat than it was in 2020.
Thus, Democrats are facing a political catastrophe that could lead to the end of their reign of tyranny across America. No doubt they will pull out all the stops to prevent this from taking place, even if it means launching nuclear weapons in Ukraine (to be blamed on Russia) and declaring a state of wartime martial law in America.
Pray for universal safety over the next three weeks, and pray that Democrats don’t start World War III just to try to rig an election.
Meanwhile, if you’re wondering where the next pandemic might come from, look no further than Boston University, which developed a new chimeric covid strain using gain-of-function research (which is illegal in the United States), achieving an 80% mortality rate in mice.
The BSL-3 laboratory that achieved this is situated in a high-population density area, meaning that if this gets out, it will immediately spread across the Boston population and the entire East Coast.
Remarkably, the scientists who carried out these crimes bragged about it, adding their names to a published paper that describes, in meticulous detail, how they carried out these crimes against humanity and violated US law (and NIAID regulations).
You can read the original research paper (which is not yet peer-reviewed) at this link (PDF): https://www.biorxiv.org/content/10.1101/2022.10.13.512134v1.full.pdf
The title, abstract and other details about the research paper are found here:
https://doi.org/10.1101/2022.10.13.512134
As the UK Daily Mail has covered in a follow-up article, a director of NIAID openly admits she wasn’t aware this gain-of-function research was taking place. This means Boston University scientists circumvented approval requirements, since they also state in their own paper that funding for their project came from NIH / NIAID. From the UK Daily Mail:
Here’s the section in the PDF document that openly credits the NIAID and NIH for funding, which means Boston University violated US law and has been running a criminal science bioweapons operation… in other words, Boston University has “gone rogue” and all its scientists and administrators need to be immediately arrested and prosecuted.
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Mike Adams (aka the “Health Ranger“) is a best selling author (#1 best selling science book on Amazon.com called “Food Forensics“), an environmental scientist, a patent holder for a cesium radioactive isotope elimination invention, a multiple award winner for outstanding journalism, a science news publisher and influential commentator on topics ranging from science and medicine to culture and politics. Follow his videos, podcasts, websites and science projects at the links below.
Mike Adams serves as the founding editor of NaturalNews.com and the lab science director of an internationally accredited (ISO 17025) analytical laboratory known as CWC Labs. There, he was awarded a Certificate of Excellence for achieving extremely high accuracy in the analysis of toxic elements in unknown water samples using ICP-MS instrumentation. Adams is also highly proficient in running liquid chromatography, ion chromatography and mass spectrometry time-of-flight analytical instrumentation. He has also achieved numerous laboratory breakthroughs in the programming of automated liquid handling robots for sample preparation and external standards prep.
The U.S. patent office has awarded Mike Adams patent NO. US 9526751 B2 for the invention of “Cesium Eliminator,” a lifesaving invention that removes up to 95% of radioactive cesium from the human digestive tract. Adams has pledged to donate full patent licensing rights to any state or national government that needs to manufacture the product to save human lives in the aftermath of a nuclear accident, disaster, act of war or act of terrorism. He has also stockpiled 10,000 kg of raw material to manufacture Cesium Eliminator in a Texas warehouse, and plans to donate the finished product to help save lives in Texas when the next nuclear event occurs. No independent scientist in the world has done more research on the removal of radioactive elements from the human digestive tract.
Adams is a person of color whose ancestors include Africans and American Indians. He is of Native American heritage, which he credits as inspiring his “Health Ranger” passion for protecting life and nature against the destruction caused by chemicals, heavy metals and other forms of pollution.
Adams is the author of the world’s first book that published ICP-MS heavy metals analysis results for foods, dietary supplements, pet food, spices and fast food. The book is entitled Food Forensics and is published by BenBella Books.
In his laboratory research, Adams has made numerous food safety breakthroughs such as revealing rice protein products imported from Asia to be contaminated with toxic heavy metals like lead, cadmium and tungsten. Adams was the first food science researcher to document high levels of tungsten in superfoods. He also discovered over 11 ppm lead in imported mangosteen powder, and led an industry-wide voluntary agreement to limit heavy metals in rice protein products.
In addition to his lab work, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Through the non-profit CWC, Adams also launched Nutrition Rescue, a program that donates essential vitamins to people in need. Click here to see some of the CWC success stories.
With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource featuring over 10 million scientific studies.
Adams is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed “strange fibers” found in Chicken McNuggets, fake academic credentials of so-called health “gurus,” dangerous “detox” products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.
Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.
In addition to his activism, Adams is an accomplished musician who has released over fifteen popular songs covering a variety of activism topics.
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