Dark Days Ahead

Steve Quayle “… it is here”.

Steve Quayle, appeared on my show last month and proclaimed in one sentence what is becoming the mantra for many in the Independent Media: “When we talk about what is coming, is no longer coming, it is here“.  When one looks at the economic reports and the prospect of World War III breaking out at any moment, truer words were never spoken.

The Most Recent Stock Market Report

Over 93% of investors lost money in the month of January. This figure was derived from data shared exclusively with CNNMoney by Openfolio, which is an app that follows individual investment portfolios and how they compare with other investors.

Behind the mounting fears about the crash in oil prices and turbulence in China dominated the stock market in January. Incredibly, the Dow lost 5.5% of its value, the index’s deepest monthly drop since the market” freakout” last August.

The typical investor fared even worse, losing 6.3% of his or her portfolio in January, according to Openfolio.

Revenue at S&P 500 companies was predicted to plummet 3.4% in the fourth quarter of 2015, which was significantly down from the 2.5% contraction in the third quarter, stated S&P Global. Tragically, revenue dropped 3% in the second quarter of 2015 and fell 2.3% in the first quarter of 2015. There is only one direction that this economy is going and it is down, down and down. The following S&P 500 chart speaks a thousand words with just one picture.

Chipotle has steadily gone from being a high-growth success story to a corporation that sinking faster than a submarine with screen doors. The food chain has seen its revenue growth go from a high of 26.7% in the fourth quarter of 2014 to a plummeting 6.8% in the fourth quarter of 2015. In the latest round of projections, economic analysts think the company’s revenue could drop another nearly 16% in the first quarter of 2016. The company – which billed itself as a natural alternative in the restaurant industry, has now been hit with image-destroying health concerns regarding the discovery of tainted food.

Worse Than the 1929 Depression

America is afraid to use the word. This word has become 8th dirtiest word that you cannot say on television (in reference to the late George Carlin’s seven dirtiest words one cannot say on television). The word I am referring to is DEPRESSION.  By using the word recession, it does not seem quite as bad. Make no mistake about, America in the early stages of a depression which will culminate in an economic collapse unless something dramatic happens to stop it, such as a war.

From USA Today Money Report

When one compares the following numbers compiled by USA Today after analyzing the S&P 500 data, this is worse that what the country witnessed in 1929 before the collapse.

The Russell 3000 Index

Can you name just on thing that Obama has done to help the middle class or American businesses?

There are 11 companies in the broad Russell 3000 index, including a plethora of energy companies like Apache, General Electric (GE)and Internet giant, Yahoo, that have reported catastrophic net losses in the just completed calendar year, according to a USA TODAY analysis of data from S&P Global Market Intelligence. And if we think this collapse is going to have distinct boundaries on who, and who is not impacted, think again. GE owns ABC which in turn owns the ESPN’s… and on and on it goes. These ripples are quickly turning into tidal waves.

The news is so bad that the retail sector is looking for silver linings where it can find them:

Every single on of these corporations reported net losses of $4 billion in 2015. By comparison, Sears is looking like a winner because they only lost $1 billion  

And this is supposed to be the good news?

The Backbone of American Retailers Are Taking a Beating

I watched in absolute horror as Fox News reported that Kohl, the darling of the retail outlets, was closing 18 stores this year. Kohls is one of the poster children for American economic, post-2008 recovery and they are losing their backside.

In a very impressive compilation of economic data, Michael Snyder  assembled data on the following retailers and the message is uniform and disheartening:

“Target has just finished closing 13 stores in the United States.

Best Buy closed 30 stores last year, and it says that more store closings are likely in the months to come.

Office Depot plans to close a total of 400 stores by the end of 2016.

Wal-Mart is closing 269 stores, including 154 inside the United States…”

“K-Mart is closing down more than two dozen stores over the next several months.

J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 storesin 2015.

Macy’s has decided that it needs to shutter 36 stores…

The Gap is in the process of closing 175 stores in North America.

Aeropostale is in the process of closing 84 stores all across America…”

This is only a cross-sectional view of the economy. Consider what CNN/Money is saying:

“Investors yanked $2.9 billion from U.S. stocks last week, marking the seventh week of outflows out of the past eight, according to Bank of America Merrill Lynch. Emerging markets, which have been in turmoil for months, experienced a 13th straight week of outflows of $1.2 billion.

Money is fleeing to safe haven government bonds. For instance, municipal bonds have enjoyed 19 straight weeks of inflows, BofA said”.

In other words, investors are taking their money away from the actual corporations that need the economic support through the Stock Market, and are giving the money to government savings accounts that are actually managed by Obama’s minions. Talk about jumping from the fire into the frying pan.

Conclusion

There is no escaping this carnage. The only option to at least slow down this train wreck, is to start a war. And this is precisely what we are witnessing with the phony peace talks regarding Syria. In a future article, I will expose the Kerry/Obama agenda with regard to the coming fake cease fire which will nothing but a thinly veiled effort to try to get Russia to lower its guard before their forces are attacked.

The only option left for the average American  is adaptation. The deck chairs of the Titanic are being rearranged. Will you reach the lifeboats? What do you need to do to survive the present economic holocaust? This topic is subject for another day. Suffice it to say that every America should store two years of food for each family member, convert their soon to be worthless cash to gold and silver, horde medicines, obtain and learn how to use guns for the purpose of self-defense, form alliances with neighbors and keep a copy of the Bible nearby.

Credit to Common Sense Show