(by Michael Snyder) All over the world seismic activity is increasing. In recent weeks we have seen a dramatic earthquake in Ecuador, more than 600 earthquakes have experts extremely alarmed about what is happening to Japan’s southern Island, and 37 volcanoes around the planet are erupting right now. Most of the large earthquakes and volcanic eruptions that we have witnessed lately have come along the Ring of Fire, which is an area of seismic instability which roughly encircles the Pacific Ocean. Fortunately the west coast of the United States has been spared so far, but scientists tell us that tension has been building up along the San Andreas fault and the Cascadia Subduction Zone for decades, and they assure us that it is only a matter of time before we see a major event. What that day arrives, will you be prepared?
There were a couple of notable seismic events which took place on Monday. First of all, the largest volcano in Russia’s Far East known as Klyuchevskaya Sopka violently erupted. Steaming hot ash was shot more than three miles up into the air, but fortunately it is not a heavily populated area. This represents yet another major volcanic eruption along the Ring of Fire, and this has some scientists extremely concerned about what may be coming next…Read more from the Economic Collapse Blog
(by Jon Solomon) In the wee hours of July 4, FBI counterterrorism agents in the Boston area scrambled to thwart the last of a string of Islamic State terror plots they feared could be conducted during the patriotic holiday or soon after.
Just weeks earlier, an agent and Boston officers had shot and killed an ISIS sympathizer on the same streets, right before he boarded a bus armed with a military-style knife and plans to attack cops and behead a woman.
Now, an undercover operative set up a weapons buy on the streets with a young Massachusetts man, the son of a respected cop but now someone who had been radicalized by the Islamic State. Agents believed he was plotting to shoot or blow up students at an out-of-state campus with bombs laced with Styrofoam, which sticks to skin and worsens the burns.
The buy went down, the young man was arrested and a search of his apartment quickly confirmed agents’ fears.
The harrowing ending to the two Boston cases this summer seemed ripped from a Hollywood movie script — except the threats were real and the consequences of stumbling could have been lethal.
With another round of holidays fast approaching in the shadows of last Friday’s Paris attacks, FBI officials on the front lines of the war on terrorism see a new round of threats rising and worry they don’t have all the tools to cope, according to interviews with The Washington Times…Read more from The Washington Times
(by Kellan Howell) The Federal Bureau of Investigations has nearly 1,000 active probes connected to the Islamic State terrorist group inside the U.S., law enforcement officials claimed in a letter to President Obama.
The terrorist probes were revealed in a letter from a group of elected sheriffs in Colorado blasting the president’s plan to transfer known terrorists held at the U.S. military prison in Guantanmo Bay, Cuba, to a mainland facility. Two federal prison facilities in Colorado are being considered for the potential transfer.
The sheriff’s wrote that the relocation of such dangerous prisoners to a Colorado facility could tempt many of the thousands of Islamic State supporters being investigated by the FBI to target the prison…Read more from The Washington Times
(by Eric Berger) Scientists studying ancient ice cores extracted from Greenland and Antarctica have found further evidence of two very powerful solar storms in the last 1,300 years, raising concerns about similar events in the future. Extreme solar storms pose a threat to all forms of electronic technology.
In 2012, Japanese scientists first reported the discovery of a spike of carbon-14 in cedar trees on that island during the AD 774-775 time frame. Since then, similar spikes have been observed in tree rings from the same era obtained on other continents. And thanks to a college biochemistry student, scientists have rooted the event in history through a reference in the Anglo-Saxon Chronicle, which cites a “red crucifix” appearing in the heavens after sunset in the year 774.
It hasn’t been entirely clear what caused this radioactive spike, however, and exotic theories such as a giant comet hitting the Sun or a nearby supernova have been put forward to explain it. Now researchers led by geologist Raimund Muscheler of Lund University in Sweden say they have solved the mystery of both the 774-775 AD event as well as a similar one in 993-994 AD. In addition to carbon-14, they have linked radioactive beryllium to both events, firmly establishing them as solar flares…Read more from ARS Technica
Related: Lloyds of London: Solar storm Risk to the north American electric grid (.pdf)
A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster
(by Paul Mason) The 1st of October came and went without financial Armageddon. Veteran forecaster Martin Armstrong, who accurately predicted the 1987 crash, used the same model to suggest that 1 October would be a major turning point for global markets. Some investors even put bets on it. But the passing of the predicted global crash is only good news to a point. Many indicators in global finance are pointing downwards – and some even think the crash has begun.
Let’s assemble the evidence. First, the unsustainable debt. Since 2007, the pile of debt in the world has grown by $57tn (£37tn). That’s a compound annual growth rate of 5.3%, significantly beating GDP. Debts have doubled in the so-called emerging markets, while rising by just over a third in the developed world.
John Maynard Keynes once wrote that money is a “link to the future” – meaning that what we do with money is a signal of what we think is going to happen in the future. What we’ve done with credit since the global crisis of 2008 is expand it faster than the economy – which can only be done rationally if we think the future is going to be much richer than the present.
This summer, the Bank for International Settlements (BIS) pointed out that certain major economies were seeing a sharp rise in debt-to-GDP ratios, which were well outside historic norms. In China, the rest of Asia and Brazil, private-sector borrowing has risen so quickly that BIS’s dashboard of risk is flashing red. In two thirds of all cases, red warnings such as this are followed by a major banking crisis within three years…Read more from The Guardian
(by Susan Duclos) Founded in the United States in 1940 and discovered in 1954, many alive today have never known a time when McDonald’s wasn’t a household name, but its financial downfall along with other huge names like Wal-Mart and the hundreds of store closings and announced future closings and bankruptcies, by a number of other well known retailers such as JC Penny, Sears, Office Depot/Office Max, Staples, and long list of others, show a stark contrast from the fairy tales the MSM have been reporting about the supposed “recovery.”
On Saturday, October 24, 2015, Stefan Stanford highlighted the inordinate amount of press being given to “the elite” preparing for the end in recent weeks, asking “what do they know that we do not?” The answer is simple, they are looking at the facts, some of which will be presented below, which shows that it is all falling apart right before our very eyes, and they are acting accordingly.
The headline of this article comes in part from a Business Insider article which offered quotes from McDonald’s franchisees who were surveyed by Nomura analyst Mark Kalinowski, which found that 30 percent of operators are “insolvent,” and responded to the survey with quotes that represent the dire situation the corporation is in, such as one writing “We are in the throes of a deep depression, and nothing is changing.” Another asserts “The system may be facing its final days.”
It was reported in June that McDonald’s was planning to close hundreds of restaurants and “the first time in more than 45 years, the world’s biggest hamburger chain plans to close more stores than it opens.”…Read more from All News Pipeline
(by Brandon Smith/Alt-Market.com) It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been no end to the absurd and ludicrous propaganda coming out of mainstream financial outlets and as the situation in markets becomes worse, the propaganda will only increase. This might seem counter-intuitive to many. You would think that the more obvious the economic collapse becomes, the more alternative analysts will be vindicated and the more awake and aware the average person will be. Not necessarily…
In fact, the mainstream spin machine is going into high speed the more negative data is exposed and absorbed into the markets. If you know your history, then you know that this is a common tactic by the establishment elite to string the public along with false hopes so that they do not prepare or take alternative measures while the system crumbles around their ears. At the onset of the Great Depression the same strategies were used. Consider if you’ve heard similar quotes to these in the mainstream news over the past couple months…Read more from Zero Hedge
(by William J. Broad) In April 1815, the most powerful volcanic blast in recorded history shook the planet in a catastrophe so vast that 200 years later, investigators are still struggling to grasp its repercussions. It played a role, they now understand, in icy weather, agricultural collapse and global pandemics — and even gave rise to celebrated monsters.
Around the lush isles of the Dutch East Indies — modern-day Indonesia — the eruption of Mount Tambora killed tens of thousands of people. They were burned alive or killed by flying rocks, or they died later of starvation because the heavy ash smothered crops.
More surprising, investigators have found that the giant cloud of minuscule particles spread around the globe, blocked sunlight and produced three years of planetary cooling. In June 1816, a blizzard pummeled upstate New York. That July and August, killer frosts in New England ravaged farms. Hailstones pounded London all summer…Read more from The New York Times
A well used road at the Yellowstone National Park supervolcano is melting due to a new “geothermal feature” forming below ground.
This has happened before, however this time around, instead of blaming it on “hot weather” / “the sun” , officials are admitting the melting of the road is actually due to a new geothermal feature taking form.
Now , July 17 2015, Upper Terrace Drive near Mammoth Hot Springs is closed, measured with subsurface soil temperatures exceeding 152F / 69C…Read more from Dutchsinse
(by Michael Snyder) I have never done anything like this before. Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was trained to be level-headed and to only come to conclusions that were warranted by the evidence. So this is not something that I am doing lightly. Based on information that I have received, things that I have been told, and thousands of hours of research that have gone into the publication of more than 1,300 articles about our ongoing economic collapse, I have come to the conclusion that a major financial collapse is imminent. Therefore, I am issuing a RED ALERT for the last six months of 2015.
To clarify, when I say “imminent” I do not mean that it will happen within the next 48 hours. And I am not saying that our problems will be “over” once we get to the end of 2015. In fact, I believe that the truth is that our problems will only be just beginning as we enter 2016.
What I am attempting to communicate is that we are right at the door of a major turning point. About this time of the year back in 2008, my wife and I went to visit her parents. As we sat in their living room, I explained to them that we were on the verge of a major financial crisis, and of course the events that happened a few months later showed that I was right on the money…Read more from The Economic Collapse Blog