By Michael Snyder | Economic Collapse | Sept. 14, 2018

Is something extremely unusual happening to our planet?  At this moment, Hurricane Florence is just one of seven named storms that are currently circling the globe.  That matches the all-time record, and it looks like that record will be broken very shortly as a couple more storms continue to develop.  Back in 2004, a Hollywood blockbuster entitled “The Day After Tomorrow” depicted a world in which weather patterns had gone mad.  One of the most impressive scenes showed nearly the entire planet covered by hurricane-type storms all at once.  Of course things are not nearly as bad as in that film, but during this hurricane season we have definitely seen a very unusual number of hurricanes and typhoons develop.  As our planet continues to change, could this become “the new normal”?

As I mentioned above there are currently seven named storms that are active, but an eighth is about to join them, and that would break the all-time record

The Hurricane season is causing devastation from the Pacific to the Atlantic as seven active storms are currently swirling across the globe – with high chances an eighth powerful storm will soon develop to break an all-time record.

And actually there is an additional storm that is also developing in the Pacific which could bring the grand total to nine.

Overall, there have been 9 named storms in the Atlantic and 15 names storms in the Pacific since the official start of the hurricane season.

That is not normal.

In fact, one veteran meteorologist has said that he has “NEVER seen so much activity in the tropics”…

Far from being the biggest threat facing the US coastline this hurricane season, Florence will be followed by several other storms that rapidly strengthening in the Atlantic. As one veteran meteorologist remarked, “in my 35 years forecasting the weather on TV, I have NEVER seen so much activity in the tropics all at the same time.”

Meanwhile, the biggest storm on the planet is actually in the Pacific Ocean.

Super Typhoon Mangku is a Category 5 hurricane, and it absolutely dwarfs Hurricane Florence

The devastating force of Hurricane Florence is nothing when compared to the category 5 hurricane sweeping over the Pacific Ocean, Super Typhoon Mangkhu.

With winds close to 180mph, the fierce hurricane is feared to land over a mountainous terrain in the northern Philippines on Friday night, before moving over the South China Sea and potentially impacting Hong Kong and Vietnam.

But let’s not minimize the seriousness of Hurricane Florence.  It is currently approximately the size of the state of Michigan, and even though it has been downgraded forecasters are still predicting that it will bring up to 40 inches of rain in some areas.

One meteorologist ran the numbers, and he determined that if the current forecasts are accurate the state of North Carolina could end up getting ten trillion gallons of rain

Weather.us meteorologist Ryan Maue crunched some numbers and tweeted that North Carolina’s 7-day rainfall forecast by the National Weather Service’s Weather Prediction Center would be like getting “a total of over 10 trillion gallons” of rain from Florence. The math was based on the projected state average of 10.1 inches of rainfall for that time span.

Yes, you read that correctly.

Ten trillion gallons of rain.

Needless to say, all of that water is going to cause an immense amount of damage.

Over in Virginia, a top official is warning that “there could be a number of dams that will fail”

In neighboring Virginia, officials with the state’s Department of Conservation and Recreation have identified some 100 dams they are concerned could be at risk, either because of “spotty inspection records” or because they are still being built.

“If we get 20 inches of rain in a relatively short period of time,” Russ Baxter, the department’s deputy director told the WSJ, “there could be a number of dams that will fail.”

As I write this article, some areas along the coast are already getting hammered.  Atlantic Beach has received more than 12 inches of rain, and other towns are already inundated with water.

It is going to be a long couple of days for those living along the Mid-Atlantic coast, and there were reports of panic among those making last-minute preparations

A rowdy crowd was shown in a Facebook video shared by an employee from the supermarket off Glenn School Road in Durham Tuesday pushing one another and shouting as they hurried around the store to gather their supplies.

Police officers were even spotted making their rounds around the Walmart to ensure the safety of shoppers.

One officer is seen restraining a young boy as another shopper drops several bottles of water.




This is yet another example that shows that you never wait until the last minute to get what you need.

In the end, the damage to property will be in the tens of billions of dollars, but only a handful of people will probably lose their lives.

Now that the storm has been downgraded, some are even booking rooms along the coast so that they can say that they rode the storm out.

For instance, 53-year-old Barry Freed says that he is sticking around so that he can cross this off his “bucket list”

For Barry Freed, 53, riding out a hurricane was a chance to cross something off his “bucket list.”

Armed with a few sodas, some M&Ms, Doritos and a copy of Moby Dick, the Greensboro resident booked an AirBnB at a condo here.

As skies darkened Thursday and winds whipped up at Waterway Lodge, just off the marina near Wrightsville Beach, Freed admitted he wasn’t really prepared.

“I kind of thought of this impulsively,” he said. “It’s kind of a stupid idea.”

Yes, it probably is a stupid idea, but I admire his courage.

This storm will come and go, and the recovery will take an extended period of time.

But the much bigger story is what is happening to our planet on a larger scale.  These storms are increasing in number and intensity, and that should definitely alarm all of us.


Contributed by Michael Snyder of The Economic Collapse blog.

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 | EconomicCollapseBlog | Sept. 11, 2018

Are we on the verge of another great financial crisis, a devastating recession and a horrific implosion of the global debt bubble?  On my website I have been relentlessly warning my readers about the inevitable consequences of our very foolish actions, but now the mainstream media is beginning to sound just like The Economic Collapse Blog.  The coming crisis is so close now that a lot of them are starting to see it, and of course economic disaster is already a reality for much of the rest of the planet.  For years, the mainstream media told us that things would get better, and in a lot of ways we did see some improvement.  But now the tone of the mainstream media has become quite ominous, and that is definitely not a positive sign.  The following are 8 examples of mainstream media sources warning us of imminent economic disaster…

#1 Forbes: “Disaster Is Inevitable When America’s Stock Market Bubble Bursts”

As shown in this report, the U.S. stock market is currently trading at extremely precarious levels and it won’t take much to topple the whole house of cards. Once again, the Federal Reserve, which was responsible for creating the disastrous Dot-com bubble and housing bubble, has inflated yet another extremely dangerous bubble in its attempt to force the economy to grow after the Great Recession. History has proven time and time again that market meddling by central banks leads to massive market distortions and eventual crises. As a society, we have not learned the lessons that we were supposed to learn from 1999 and 2008, therefore we are doomed to repeat them.

The purpose of this report is to warn society of the path that we are on and the risks that we are facing.

#2 CNBC: “Tech stock sell-off could be just beginning if trade war with China worsens”

Congressional scrutiny of social media companies and fears of new regulation pummeled their stocks, but other tech names could also soon be vulnerable to a new round of selling pressure if President Donald Trump goes through with new tariffs on Chinese goods.

#3 Bloomberg: “Emerging-market rout is longest since 2008 as confidence cracks”

For stocks, it’s 222 days. For currencies, 155 days. For local government bonds, 240 days.

This year’s rout in emerging markets has lasted so long that it’s taken even the most ardent bears by surprise. Not one of the seven biggest selloffs since the financial crisis — including the so-called taper tantrum — inflicted such pain for so long on the developing world.

#4 CNN: “Emerging Markets Look Sick. Will They Infect Wall Street?”

Chinese stocks are is in a bear market. Turkey’s currency has collapsed. South Africa has stumbled into a recession. Not even an IMF bailout has stemmed the bleeding in Argentina.

The storm rocking emerging markets has its origins in Washington. Vulnerable currencies plunged as the US Federal Reserve steadily raised interest rates. And President Donald Trump’s trade crackdown added gasoline to the fire.

The trouble could spread, infecting other emerging markets or even Wall Street.





#5 The Motley Fool: “6 signs the next recession might be closer than we realize”

To be perfectly clear, trying to predict when recessions will occur is pure guesswork. Top market analysts have called for pullbacks in the market, unsuccessfully, in pretty much every year since the Great Recession ended. But the economic cycle doesn’t lie: recessions are inevitable. And in my estimation, we’re probably closer to the next recession than you realize.

How can I be so certain? Well, I can’t. Remember, I just noted there’s virtually no certainty when it comes to predicting when recessions will occur. There are, however, six warning signs that suggest a recession could be, in relative terms, around the corner.

#6 Forbes: “U.S. Household Wealth Is Experiencing An Unsustainable Bubble”

Since the dark days of the Great Recession in 2009, America has experienced one of the most powerful household wealth booms in its history. Household wealth has ballooned by approximately $46 trillion or 83% to an all-time high of $100.8 trillion. While most people welcome and applaud a wealth boom like this, my research shows that it is actually another dangerous bubble that is similar to the U.S. housing bubble of the mid-2000s. In this piece, I will explain why America’s wealth boom is artificial and heading for a devastating bust.

#7 Savannah Now: “Global debt soars, along with fears of crisis ahead”

“We were supposed to correct a debt bubble,” said David Rosenberg, chief economist at Gluskin Sheff, a wealth-management firm. “What we did instead was create more debt.”

#8 CNBC: “The emerging market crisis is back. And this time it’s serious”

But markets are feeling a sense of deja vu. Blame it on a stronger dollar, escalating tensions since President Donald Trump came to power, worries over a full-fledged trade war with China or rising interest rates in the U.S., this time around the crisis seems to have entered a new phase.

The damage is far more widespread. The crisis has engulfed countries across the globe — from economies in South America, to Turkey, South Africa and some of the bigger economies in Asia, such as India and China. A number of these countries are seeing their currency fall to record levels, high inflation and unemployment, and in some cases, escalating tensions with the United States.

I don’t think that we have seen such ominous declarations from the mainstream media since the last global financial crisis in 2008.

And the mainstream media is not alone.  Yesterday, I discussed the fact that tech executives on the west coast are setting up luxury survival bunkers in New Zealand in order to prepare for what is ahead.

They all know what is coming, and they also know that it is approaching very rapidly.

This chapter in American history is not going to end well.  On some level, all of us understand this.  Storm clouds have been building on the horizon for quite some time and the warning signs are all around us.

Our day of reckoning may have been delayed, but it was not canceled.  America has a date with destiny, and it is going to be exceedingly painful.


This article originally appeared on The Economic Collapse Blog

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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