Archive for the 'Collapse' Category
In 2010 a Researcher Predicted Mayhem in U.S. in 2020, Now Says Civil War Possible
June 18th, 2020Via: Time: Not everyone took Peter Turchin seriously a decade ago when he said widespread civil unrest would sweep through the U.S. in 2020. “They had no reason to believe I wasn’t crazy,” says Turchin, a 63-year-old researcher who teaches cultural evolution at the University of Connecticut. In 2010, after analyzing historical cycles of instability, […]
Is The ‘Second Wave’ Another Coronavirus Hoax?
June 17th, 2020Via: Ron Paul: Just a week or so ago the mainstream media and thousands representing the “medical community” told us we must throw out the “stay-at-home” orders and go to the streets to protest the death of George Floyd at the hands of the police. The Covid-19 virus will not bother people who are protesting […]
Trump Team Prepares $1 Trillion Infrastructure Plan to Spur Economy
June 16th, 2020Via: Reuters: The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world’s largest economy back to life, a source familiar with the situation said on Tuesday. The Department of Transportation’s preliminary version reserves most funds for projects such as roads […]
Pentagon Surplus Handouts Stoke the Militarization of U.S. Police
June 14th, 2020This has been happening since 1997. Via: AFP: When US police flooded the streets around the country to confront protesters two weeks ago, for many it appeared like the army had deployed, with camouflage uniforms and combat gear, heavily armored anti-mine vehicles, and high-powered assault weapons. That’s not by accident. For years the US Defense […]
Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses
June 14th, 2020Via: ZeroHedge: The Organization for Economic Co-operation and Development (OECD) recently published a report showing how pension funds in OECD countries recorded a massive loss of approximately $2.5 trillion during the stock market meltdown in February through late March. Shortly, after that, central banks intervened with monetary cannons to rescue stock markets and other financial […]
Hawaii: Great Depression-Level Unemployment as Tourism Plummets
June 13th, 2020Via: ABC: Roughly 25% of the jobs in Hawaii are connected to tourism, which has almost entirely vanished, according to Bonham. “Because we rely completely on air travel, when you shut down tourism with a 14-day quarantine and you go from 30,000 airline passengers per day to a few hundred, that’s a very different situation […]
Homelessness Jumps 13% in Los Angeles County
June 12th, 2020Via: AP: The number of homeless people counted across Los Angeles County jumped 12.7% over the past year to more than 66,400 and authorities fear that figure will spike again once the full impact of the coronavirus pandemic is felt, officials said Friday. The majority of those experiencing homelessness were found within the city of […]
Failed State Walking
June 11th, 2020Via: Econimica: To gauge the quantity of federal taxes collected from the economy, it’s pretty easy to divide annual federal tax receipts vs. the marketable debt (red shaded area below). If the tax receipts or coverage is declining versus the debt…we have a problem (BTW- we have a very big problem). But then you have […]
A Look Inside Seattle’s ‘Capitol Hill Autonomous Zone’
June 11th, 2020I know it’s Seattle, but my guess is that the people involved with Portlandia have just pissed themselves laughing. Via: New York Post: “The homeles [sic] people we invited took away all the food at the Capitol Hill Autonomous Zone,” the person tweeted. “We need more food to keep the area operational. please if possible […]
U.S. May Deficit Nearly Doubles to $399 Billion
June 10th, 2020Via: Reuters: The U.S. federal budget deficit in May nearly doubled to $399 billion from a year earlier amid continued strong spending on coronavirus relief programs and a 25% drop in receipts, the Treasury Department said on Wednesday. The May deficit brought the year-to-date fiscal deficit to $1.88 trillion, already eclipsing the previous full-year record […]
