By Michael Snyder | Economic Collapse | Jan. 14, 2019

Really strange things are starting to happen all over the world.  We’ll talk about “the North Pole’s sudden shift” later in this article, but first I want to focus on the very unusual event which just took place in Mecca, Saudi Arabia.  A “massive swarm” of thousands upon thousands of black locusts descended upon the holiest site in Islam, and video of this “plague” is understandably causing quite a stir all over social media.  The following comes from the Times Of Israel

A massive swarm of locusts plagued Mecca, Saudi Arabia, earlier this week, prompting authorities at Islam’s holiest site to launch a cleaning operation to remove them.

Videos posted to social media showed the insects swarming around cleaners and worshipers in the city’s Grand Mosque, where millions of Muslim pilgrims congregate every year.

https://youtu.be/f6tedU2UZLo

And this was not just a temporary phenomenon.  Once the locusts arrived, they didn’t want to leave, and it is being reported that they were “covering the walls of the mosque”…

A closer-up view shows them swarming in all directions, over the heads of the cleaners in green uniforms attempting to deal with them.

Another shot shows the insects covering the walls of the mosque as they swarmed across the site.

According to Saudi authorities, it took 22 teams consisting of a total of 138 people to clean up the infestation.

Meanwhile, the behavior of our planet is once again making headlines.  According to scientists, the magnetic North Pole is making a “sudden shift” away from Canada and toward Russia

Deep beneath the Earth’s surface, liquid iron is sloshing around at its core, causing the North Pole to move away from Canada and towards Siberia. This has caused global geomagnetism experts to undergo an urgent update of the World Magnetic Model where it will alter where exactly North Pole is. The next update was not scheduled to happen until 2020, but due to the North Pole’s sudden shift, researchers have to bring it forward.

These days the vast majority of us heavily use GPS to get around, and the rapid movement of the magnetic North Pole is causing serious navigation errors

Precision of where the North Pole is needed for GPS across the globe, and currently is is close to exceeding “the acceptable (safe) limit for navigational errors,” the journal Nature reports.

Arnaud Chulliat, a geomagnetist at the University of Colorado Boulder and the National Oceanic and Atmospheric Administration’s (NOAA’s) National Centers for Environmental Information, said: “The error is increasing all the time.

“The fact that the pole is going fast makes this region more prone to large errors.”

In essence, GPS is losing its GPS.

Of course the magnetic North Pole has always been moving a little bit, but in recent years that movement has been greatly accelerating

But the movement of the north magnetic pole has been the object of study since 1831. Initially, it was tracked moving into the Arctic Ocean at a rate of about 15km each year. But, since the mid 1990s, it has picked up speed.

It’s now shifting at a rate of about 55km a year.

At the same time, Earth’s magnetic field has been getting weaker and weaker, and this has many experts deeply concerned that we could soon experience a catastrophic pole flip. The following comes from one of my previous articles

The Earth’s magnetic field is steadily getting weaker, and scientists are warning that it could soon flip. If that happens, it will be a cataclysmic event beyond anything that we have ever experienced before. Of course most people never even give much thought to the giant magnetic field that surrounds our planet, but without it modern society would simply not be possible. The magnetic field provides protection for the electrical grid which powers our homes, our businesses, our hospitals, our stores, our banks, our computers and our televisions. It is essentially an enormous “force field” that protects our world from solar storms and cosmic radiation. Right now we take that protection for granted, but scientists tell us that Earth’s magnetic field has flipped before, and that it could soon happen again.

Basically, we are talking about an event that would be even worse than a direct hit from a massive electromagnetic pulse from the sun.

If a sudden pole flip happened today, electronic devices all over the world would be crippled, and scientists tell us that we would be facing “trillions of dollars in damage”

According to a team of international scientists, including from the Australian National University (ANU), such an event in the future would increase our planet’s exposure to the Sun’s radiation, and could cause trillions of dollars in damage by decimating power and communications systems across the globe.

We truly live in apocalyptic times, although most people still don’t seem to understand what is happening.

Our planet is changing. Earlier this week I wrote about the fact that Alaska had been hit by 81 significant earthquakes during the first nine days of 2019. Large quakes are rattling locations all along the Ring of Fire, once dormant volcanoes are going off like firecrackers all over the globe, and the tsunami that just struck Indonesia once again reminded us of how vulnerable we really are to major natural disasters.

Right now the mainstream media in the United States is keenly focused on the government shutdown, but in the grander scheme of things the shutdown is small potatoes compared to some of the other things that are happening.

2019 has gotten off to a very strange start, and I have a feeling that things are about to get a whole lot stranger.


Contributed by Michael Snyder of TheEconomicCollapseBlog.com

Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.


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By Michael Snyder | The Economic Collapse | Jan. 10, 2019

If the U.S. health care system was a country, it would have the fifth largest GDP on the entire planet.  At this point only the United States, China, Japan and Germany have a GDP that is larger than the 3.5 trillion dollar U.S. health care market.  If that sounds obscene to you, that is because it is obscene.  We should want people to be attracted to the health care industry because they truly want to help people that are suffering, but instead the primary reason why people are drawn to the health care industry these days is because of the giant mountains of money that are being made.  Like so many other things in our society, the health care industry is all about the pursuit of the almighty dollar, and that is just wrong.

In order to keep this giant money machine rolling, the health care industry has to do an enormous amount of marketing.  If you can believe it, a study that was just published found that at least 30 billion dollars a year is spent on such marketing.

Hoping to earn its share of the $3.5 trillion health care market, the medical industry is pouring more money than ever into advertising its products — from high-priced prescriptions to do-it-yourself genetic tests and unapproved stem cell treatments.

Spending on health care marketing nearly doubled from 1997 to 2016, soaring to at least $30 billion a year, according to a study published Tuesday in JAMA.

This marketing takes many different forms, but perhaps the most obnoxious are the television ads that are endlessly hawking various pharmaceutical drugs.  If you watch much television, you certainly can’t miss them.  They always show vibrant, smiling, healthy people participating in various outdoor activities on bright, sunny days, and the inference is that if you want to be like those people you should take their drugs.  And the phrase “ask your doctor” is usually near the end of every ad…

The biggest increase in medical marketing over the past 20 years was in “direct-to-consumer” advertising, including the TV commercials that exhort viewers to “ask your doctor” about a particular drug. Spending on such ads jumped from $2.1 billion in 1997 to nearly $10 billion in 2016, according to the study.

As a result of all those ads, millions of Americans rush out to their doctors to ask about drugs that they do not need for diseases that they do not have.

And on January 1st, dozens of pharmaceutical manufacturers hit Americans with another annual round of massive price increases.




But everyone will just keep taking those drugs, because that is what the doctors are telling them to do.  But what most people never find out is that the pharmaceutical industry goes to great lengths to get those doctors to do what they want.  According to NBC News, the big drug companies are constantly “showering them with free food, drinks and speaking fees, as well as paying for them to travel to conferences”.

It is a legal form of bribery, and it works.

When you go to most doctors, they will only have two solutions to whatever problem you have – drugs or surgery.

And since nobody really likes to get cut open, and since drugs are usually the far less expensive choice, they are usually the preferred option.

Of course if doctors get off the path and start trying to get cute by proposing alternative solutions, they can get in big trouble really fast

Today’s medical doctors are not allowed to give nutritional advice, or the American Medical Association will come shut them down, and even if they were, they don’t know the right things to say, because they weren’t educated that way in medical college. So instead, M.D.s just sling experimental, addictive drugs at symptoms of deeper rooted sicknesses, along with immune-system-destroying antibiotics and carcinogenic vaccines.

That’s why any medicine that wrecks your health is easy to come by, just like junk food in vending machines. The money isn’t made off the “vending” products, the money is made off the sick fools who are repeat offenders and keep going back to the well for more poison – it’s called chronic sick care or symptom management. Fact: Prescription drugs are the fourth leading cause of death in America, even when “taken as directed.”

Switching gears, let’s talk about hospitals for a moment.

When you go to the hospital, it is often during a great time of need.  If you are gravely ill or if an accident has happened and you think you might die, you aren’t thinking about how much your medical care is going to cost.  At that moment you just want help, and that is a perfect opportunity for predators to take advantage of you.

Just consider the example of 24-year-old Nina Dang.  She broke her arm while riding her bicycle in San Francisco, and so she went to the emergency room.

The hospital that Facebook CEO Mark Zuckerberg donated so much money to definitely fixed her arm, but later they broke her bank account when they hit her with a $24,000 bill

A bystander saw her fall and called an ambulance. She was semi-lucid for that ride, awake but unable to answer basic questions about where she lived. Paramedics took her to the emergency room at Zuckerberg San Francisco General Hospital, where doctors X-rayed her arm and took a CT scan of her brain and spine. She left with her arm in a splint, on pain medication, and with a recommendation to follow up with an orthopedist.

A few months later, Dang got a bill for $24,074.50. Premera Blue Cross, her health insurer, would only cover $3,830.79 of that — an amount that it thought was fair for the services provided. That left Dang with $20,243.71 to pay, which the hospital threatened to send to collections in mid-December.

Most Americans assume that if they have “good health insurance” that they are covered if something major happens.

But as Dang found out, you can still be hit with crippling hospital bills even if you have insurance.

Today, medical debt is the number one reason why Americans declare bankruptcy.  Because of the way our system is set up, most families are just one major illness away from financial ruin.

And this kind of thing is not just happening in California.  The median charge for a visit to the emergency room nationally is well over a thousand dollars, and you can be billed up to 30 dollars for a single pill of aspirin during a hospital stay.

Our health care system is deeply broken, and it has been designed to squeeze as much money out of all of us as it possibly can.

Unfortunately, we are stuck with this system for now.  The health care industry is certainly not going to reform itself, and the gridlock in Washington is going to make a political solution impossible for the foreseeable future.


Contributed by Michael Snyder of TheEconomicCollapseBlog.com

Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.


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By Michael Snyder | The Economic Collapse | Jan. 7, 2019

On the evening of the 20th of January, a very strange phenomenon will happen.  A total lunar eclipse that has been dubbed a “super blood wolf moon” will appear in the sky above America.  The entire eclipse from beginning to end will be visible from every single location in the continental United States, but much of the rest of the world will miss out on this experience completely.  For example, the eclipse will not be visible at all anywhere in China.  Some would argue that it is just a coincidence, but it is almost as if somebody arranged the timing of this “super blood wolf moon” so that it would be seen specifically by people living in the United States.  And it just so happens that this “super blood wolf moon” will occur precisely on the second anniversary of the inauguration of Donald Trump.

Of course some of you may have never even heard of a “super blood wolf moon”.  Basically, what that term means is that a “super moon”, a “blood moon” and a “wolf moon” will all be happening simultaneously.

A “blood moon” happens during a lunar eclipse when some of the sun’s light is still able to reach the moon.  The following comes from USA Today…

Although the moon is in Earth’s shadow, some sunlight still reaches the moon. The sunlight passes through Earth’s atmosphere, which causes our atmosphere to filter out most of the blue light.

Some sunlight reaches the Earth’s atmosphere, which envelops the moon and gives it the rich color.

A “super moon” happens when a full moon coincides with the moon’s orbit being within 90 percent of its closest approach to Earth, and that can make the moon look much bigger and brighter than normal

A super moon occurs when the full moon is at the closest point of its orbit to the Earth, which is also called the perigee.

That makes the moon look extra close and extra bright – up to 14% bigger and 30% brighter than a full moon at its farthest point from Earth, known as the apogee, NASA said.

Lastly, a “wolf moon” is simply “the year’s first full moon”

This will be the first lunar eclipse of 2019 and the last total lunar eclipse until 2021. It coincides with the year’s first full moon — a “wolf moon” in the folklore tradition because it occurs at a time of year when wolves howl outside villages — and comes when the moon is slightly bigger and brighter because it’s at the closest point to Earth in its elliptical orbit.

Since it’s a so-called supermoon that’s being shadowed, some media outlets have dubbed this eclipse a “super blood wolf moon.”

So is it significant that all three of these things are happening at the exact same time on the second anniversary of Donald Trump’s inauguration?  Well, Pastor Mark Biltz sure seems to think so

“Trump was born on the night of June 14, 1946, within 15 minutes of a total lunar eclipse and 700 days before the state of Israel was established. When he was sworn in as president on January 20, 2017, he was 70-years-old, seven months and seven days. Also, very significantly, the Super Blood Moon also falls on the Jewish holiday of Tu B’Shevat. Even more significant is the fact that there was another Blood Moon on Tu B’Shevat last year! Last year the blood moon was seen over the Middle East and this year will be seen over the U.S.”

In ancient times, a “blood moon” was considered to be a sign of impending doom, and some Christian leaders are pointing out that the Bible says that the moon will be an important “sign” during the times that the Bible refers to as “the last days”.

For example, the following is what Luke 21:25-28 says in the Modern English Version

25 “There will be signs in the sun and the moon and the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring; 26 men fainting from fear and expectation of what is coming on the inhabited earth. For the powers of heaven will be shaken. 27 Then they will see the Son of Man coming in a cloud with power and great glory. 28 When these things begin to happen, look up and lift up your heads, for your redemption is drawing near.”

And this is what Joel 2:31 says in the Modern English Version

The sun will be turned to darkness, and the moon to blood, before the great and awe-inspiring day of the Lord comes.

Last but certainly not least, this is what Revelation 6:12 says in the Modern English Version

I watched as He opened the sixth seal. And suddenly there was a great earthquake. The sun became black, like sackcloth made from goat hair, and the moon became like blood.

Ultimately there will be a lot of debate about what this “super blood wolf moon” could possibly mean, but at this point nobody really knows.

But it does seem very odd that it is happening exactly on the second anniversary of the inauguration of Donald Trump.  Whether you love him or you hate him, in America today it seems like the entire world revolves around Trump.  The mainstream media has been fixated on him since the moment he first announced that he was running for president, his decisions are deeply affecting the lives of every man, woman and child in the whole country, and everybody in the entire nation simply can’t stop talking about him.

Even when I write articles that have nothing to do with Trump at all, most of the comments that my readers post are still about Trump.

Many believe that the fate of the United States appears to be inseparably linked with Donald Trump, and I am sure that my readers will feverishly debate whether this is a good thing or a bad thing.

But without a doubt, 2019 is shaping up to be a very challenging year, and later this month a very strange omen will appear directly in the sky over America on the second anniversary of Trump’s inauguration.


Contributed by Michael Snyder of TheEconomicCollapseBlog.com

Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.


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By Ron Paul | RPI | October 29, 2018

President Trump recently called the Federal Reserve’s interest rate hikes crazy. Leaving aside President Trump’s specific complaint, which is likely motivated by the belief that low rates will help him win reelection, he is right that “crazy” is a good way to describe the Federal Reserve.

When not forced to use a government-created currency, individuals have historically chosen to use a precious metal such as gold or silver as money. The reasons include that precious metals are durable and their value tends to remain relatively stable over time. A stable currency ensures that prices accurately convey the true value of goods and services.

A main value of a precious metal is it accurately conveys the true price of money, which is the Interest rate. If the interest rate reflects the manipulation of central bankers and not true market conditions, individuals will be unable to properly allocate resources between savings and current consumption.

In contrast to market money, government-created fiat currency is anything but stable. Central banks constantly increase and decrease the money supply in an attempt to control the economy by controlling the interest rates. This causes individuals to misread market conditions, leading to a misallocation of resources. This can create an illusion of prosperity. But eventually reality catches up to the Federal Reserve-created fantasies. When that happens, there is a recession or worse, leading the Fed to start the whole boom-and-bust cycle over again.

When central banks create money, those who first get the new money enjoy an increase in purchasing power before the new money causes a real increase in prices. Those who receive the money first are members of the banking and financial elite. By the time the new money reaches the middle class and working class, inflation has set in, so any gain in purchasing power is more than offset by the increase in inflation. Thus, central banking causes income inequality.




Since the Federal Reserve’s creation in 1913, the dollar has lost most of its value. The steady erosion of the dollar’s value punishes savers and rewards those who seek instant gratification even if it requires piling up massive debts. So the Federal Reserve is at least partially to blame for the rise of a culture that devalues thrift.

The very act of creating money and manipulating interest rates distorts the market. Therefore, the Federal Reserve System cannot be fixed with a “rules-based” monetary policy or even with “tying” the Fed-created money supply to the price of gold. It is amazing how many economists who oppose price controls on all other goods support allowing a secretive central bank to control the price of money.

Trusting the Federal Reserve to produce permanent prosperity instead of a boom-and-bust cycle is a textbook example of a popular definition of insanity being repeating the same action in hope of getting different results. The Federal Reserve System is as unworkable and doomed to failure as every other form of central planning.

It is likely that the next Fed-created recession will come sooner rather than later. This could be the major catastrophe that leads to the end of fiat currency. The only way to avoid crisis is to force Congress to end our monetary madness. The first steps are passing the Audit the Fed bill, allowing people to use alternative currencies, and exempting all transactions in precious metals and cryptocurrencies from capital gains taxes and other taxes.


Contributed by Ron Paul of Ron Paul Institute

The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home.


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By Michael Snyder | Economic Collapse | October 26, 2018

As the middle class disintegrates and poverty grows, more Americans than ever are becoming dependent on the government just to survive.  Today, we live in a country where most workers do not earn enough to support a middle class family, and we are seeing the homelessness crisis spiral out of control in major cities on both coasts.  During this election cycle, many conservatives have been freaking out that an increasing number of Democrats are openly embracing socialism, but the truth is that we are already most of the way to becoming a socialist country.  In fact, as you will see below, more than half of all Americans currently receive more money from the government than they pay in taxes.  We have become absolutely addicted to government money, and this is one of the major trends that is eating away at our nation like cancer.

The government is not supposed to take care of us from the cradle to the grave.

Rather, our founders understood that the proper role of government is to create and protect an environment of liberty and freedom where we would be empowered to take care of ourselves.

Today, most Americans cannot independently take care of themselves, and that makes them dependents.  And when you are a dependent, you aren’t really free.

One of the reasons why I write so much about the decline of the middle class is because it is an existential threat to our way of life.  If you look around the world, or if you go back through history, you will see that tyrannical regimes tend to thrive when populations are poor and cannot stand up for themselves.  If we want our Republic to survive, we need a strong, independent population that is not economically dependent on the government.  That is what we had throughout most of our history, and that is now what we are rapidly losing.

Just because you are working does not mean that you are independent.  At this point, most jobs do not pay enough to support a middle class family, and the ranks of the “working poor” continue to explode.  In reality, Americans are working harder than ever in 2018, and yet things continue to deteriorate.

The following are a few numbers that prove that we are rapidly becoming a nation of government dependents…

Over half the country now receives more in government transfer payments than they pay in taxes.

-According to one recent survey, the cost of living is higher than the median income in 42 U.S. states.

-Today, 50 percent of all American workers make less than $30,533 a year.

62 percent of Americans say that their financial situations have not improved since the last presidential election.

And here are six more from my friend Alan Yerushalmi

• According to a FED report, about 40 percent of adults in the U.S. said that if faced with a $400 unexpected expense, they would either not be able to pay it or would do so by selling something or borrowing money

• Almost 1 in 3 U.S. households have challenges paying energy bills

• About 40% of the American middle class face poverty in retirement

1 in 3 Americans have hardly any retirement savings

• Those over 65 have been filing for bankruptcy in droves

• Health spending per capita in the U.S. increased nearly 29 fold in the past 40 years, outpacing the growth of the economy

If things are this bad now, how dreadful will the outlook be once we are deep into the next recession?

History has shown that once national governments begin to expand in size, they usually keep expanding until they ultimately collapse.

Sadly, a large portion of the population has become convinced that the government should be in the business of handing out as much “free stuff” as possible.  Housing, healthcare and college education are now being called “human rights”, and tens of millions of our fellow citizens feel that they are entitled to be given these things by the government.  Needless to say, this has chilling implications for the future of our country, and I really like how Ryan McMaken made this point in his most recent article…

The political implications of this are considerable. As Ludwig von Mises once noted, once we get to the point that a majority of the voting population receives more in benefits than it pays in taxes, then voters will demand more and more wealth be transferred to them through government programs. It will then become politically necessary to extract larger and larger amounts of wealth from a minority in order to subsidize the majority.

Market economics will become less and less popular because the voters will have realized they can — in the words of James Bovard — “vote for a living” instead of work for a living.

Every additional dollar that the federal government spends is an additional dollar that is being stolen from our children and our grandchildren, and we are already more than 21 trillion dollars in debt.

We have been on the greatest debt binge in human history, and that debt binge delayed our day of reckoning, but it did not cancel it.

In fact, one of my contacts just emailed me with some deeply troubling information.  He has a customer that is a Bank of America board member, and that board member told him that they expect things to really start falling apart by late March “at the latest”.  This is word for word what my contact told me…

“I had a customer this past Saturday who was a very high ranking Bank of America board member, and she said in the meetings, they expect late March, at the latest, that things will really start to disintegrate fairly quickly or very quickly. That was AT THE LATEST she said.”

When I say that “dark days are ahead”, I am not using hyperbole.  We really have reached a turning point, and things will never be the same again.

The relentless march of time is inexorable, and eventually the clock runs out for everyone.  America has been living on borrowed time for quite a while, and a perfect storm is looming on the horizon.


Originally published by Michael Snyder of economiccollapseblog.com

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.





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