This coming crisis will hit everyone in the wallet. Money manager Peter Schiff who accurately predicted the 2008 financial crisis can already see the writing on the wall, and everyone is going to get wiped out.
One California lawmaker is seeking to have the state ban all vehicles powered by fossil fuels by the year 2040. Should the bill succeed in becoming a law, the state of California would not allow residents to register any vehicle that emits carbon dioxide.
Vanguard’s chief economist Joe Davis said investors need to be prepared for a significant downturn in the stock market, which is now at a 70 percent chance of crashing. That chance is significantly higher than it has been over the past 60 years.
The Gulf of Alaska cod populations appears to have taken a nose-dive. Scientists are shocked at the collapse and starving fish, making this the “worst they’ve ever seen.”
Cryptocurrencies are up 640% this year. And for the first time, in a record-breaking rally, Bitcoin has blown past $7000 and it isn’t showing signs of slowing down just yet.
The saying “you are what you eat” may have much more meaning now than it ever has in the past. Toxic food is killing humanity, and one-fifth of all deaths are now linked to processed foods.
During the last two years of the Obama administration (Fiscal Year 2015 – 2016), law enforcement agencies such as the Department of Homeland Security spent $138 million on new guns and ammunition. But what’s strange, is that $20 million was spent on guns and ammunition for federal bureaucrats.
One month after the devastating Hurricane Maria wreaked havoc on the island of Puerto Rico, the territory is still facing a public health crisis. And it’s a crisis of epic proportions.
“The war on coal is over,” EPA Administrator Scott Pruitt declared in the coal mining state of Kentucky. The head of the Environmental Protection Agency said Monday that he will sign a new rule overriding the Clean Power Plan, an Obama-era effort to limit carbon emissions from coal-fired power plants.
Riksbank, Sweden’s central bank, is taking a serious look at Bitcoin. As cash use plummets and the amount of currency in circulation dwindles, central banks are looking to cryptocurrencies as government-backed money.