Survival Gear is the most unused product until a natural disaster happens, then it’s the most desired products, but usually too late to help those that really need the help.
We sell around the World, and pride ourselves on offering a level of customer service that we would want to see ourselves if we were shopping online.
Our product ranges change regularly, so we hope that you come back to our sites to see some of the fantastic offers that we regularly have.
Hawaii preppers face many of the same threats as anyone else in America: civil collapse, EMP, natural disasters, etc. However,…
This article %Hawaii Preppers – What You Need to Know% appeared first on %SHTF Blog – Modern Survival%.
Have you become numb to all the bad news yet? Almost every single day, something really horrible seems to happen in the United States. It is just one thing after another and it has been that way for months. It is as if we are in the midst of some sort of a “perfect storm” that never seems to end. In all my years of writing, I have never seen anything like this. There is so much bad news happening right now that it is literally impossible to keep up with it all. Events are starting to accelerate at a pace that is absolutely breathtaking, and I am extremely concerned about what the remainder of 2022 will look like.
For months, I have been writing extensively about the endless drought in the western half of the nation. We are being told that it is the worst multi-year megadrought that the region has experienced in 1,200 years, and it just keeps getting worse and worse.
Meanwhile, we are witnessing absolutely unprecedented flooding in the eastern half of the United States. For example, some parts of Kentucky were just pummeled by more than 10 inches of rain in a 24 hour period…
Heavy rain poured down across eastern Kentucky late Wednesday into Thursday, triggering flash flooding that caused mudslides, washed away homes and roadways and promoted a flash flood emergency. The deluge produced more than 10 inches over a 24-hour period in the hardest-hit areas and came only days after another disastrous flood inundated the St. Louis area.
In some areas, it literally looks like a tsunami has just come through. One local meteorologist admitted that he does not “have the words” to describe the incredible devastation that has taken place…
Chris Bailey, WKYT’s chief meteorologist said: ‘I don’t have the words to describe the amount of devastation daylight will uncover across eastern Kentucky.
‘This is likely to go down as one of the worst flash flood events to ever hit the state.’
Governor Andy Beshear is telling us that this was “one of the worst and most devastating events in Kentucky’s history”, and he isn’t sure why such bad things keep happening to his state…
Beshear described this as “one of the worst and most devastating events in Kentucky’s history” during the press conference. Beshear said the state was in the middle of an ongoing natural disaster and warned of the possibility for more rain to fall through Thursday night. Damage assessment and restoration were likely to continue for several days, but the dangerous flooding was hindering first responders’ ability to rescue residents, as well as allow utility workers to get power restored.
“I wish I could tell you why we keep getting hit here in Kentucky,” Beshear said. “I wish I could tell you why areas, where people may not have that much, continue to get hit and lose everything. I can’t give you the why, but I know what we do in response to it. And the answer is everything we can. These are our people. Let’s make sure we help them out.”
Of course this disaster in Kentucky came just one day after one of the worst flooding events in the history of the state of Missouri.
We are being told that we just witnessed “the wettest day ever for St. Louis”, and in some areas of the city the water actually got more than 8 feet deep…
One person died when a car in St. Louis was found covered in more than 8 feet (2.4 meters) of water. Several puppies drowned when a building became flooded at Stray Paws Adoptables, a stray dog rescue operation in St. Peters, a St. Louis suburb. Firefighters in boats rescued other dogs from the building.
Damage across the region was widespread after a massive downpour dropped more than 12 inches (30 centimeters) of rain in parts of St. Charles County and up to 10 inches (25 centimeters) elsewhere in the St. Louis metropolitan area. Most of the rain fell in a few hours shortly after midnight.
I really wish that we could take all of that water and give it to ranchers and farmers in the western half of the country, because the endless drought is absolutely crushing them.
Meanwhile, the U.S. is now dealing with two major simultaneous pandemics for the first time in my entire life.
Despite everything that health officials have tried, the first pandemic is still raging, and now another frightening disease is spreading like wildfire.
This current monkeypox outbreak began in Europe, but this week the U.S. officially became the world leader in confirmed cases…
With more than 18,000 cases worldwide, the monkeypox outbreak is now a global public health emergency, the World Health Organization declared this week. And the U.S. has recorded more monkeypox cases since the beginning of the year than any other country, according to the most recent statistics.
The number of confirmed cases continues to rise at an exponential rate, and this is one disease that you definitely do not want to get.
Many victims have described experiencing absolutely excruciating pain once skin sores start developing, and one man that has had both COVID and monkeypox is telling us that monkeypox is “100 times worse”.
On top of everything that I have already discussed, we just got confirmation that the U.S. economy has plunged into a recession…
The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.
Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate. That follows a 1.6% decline in the first quarter and was worse than the Dow Jones estimate for a gain of 0.3%.
Of course Joe Biden will never admit that a recession has now started.
According to him, everything is just great…
Biden noted that ‘both Chairman Powell and many of the significant banking personnel and economists say we’re not in a recession.’
‘Businesses are investing in American in record rates,’ Biden boasted.
But everyone can see what is happening to the economy, and we are being warned that we must endure some “short-term pain” in order to get inflation under control…
“We have to endure the short-term pain in the economy in order to get inflation back under control,” said Tara Sinclair, a senior fellow at the Indeed Hiring Lab. She compared the Fed hiking interest rates and tightening monetary policy to a medical treatment that might require patients to undergo something painful in order to have longer-term health. “Then, going forward, we can have a much more stable environment where we know prices are going to be growing about 2 percent per year, we have more certainty about that, we have a better sense of demand and supply coming together. That’s a better working environment for the economy as a whole, and businesses want that kind of certainty.”
Without a doubt, we desperately need to do something about inflation because it is absolutely eviscerating those at the bottom of the economic food chain.
For example, just consider the plight of one woman that was recently interviewed by CNN…
For 17 years, Ana Duran worked full time as a travel counselor. Late last year she lost that job, shortly before seeing the price of eggs rise to $7.99 a dozen and the price of a single avocado rise to $2.99 at her local store. In June, it cost her $94 to fill up her gas tank, instead of the $50 it cost her last year.
Duran has been receiving unemployment benefits and working part-time as a caregiver for a resident at a senior center. To make ends meet, she’s also been selling her own gold jewelry and crushing aluminum cans to recycle for extra cash.
Unfortunately, what the Fed is trying to do isn’t going to work. The inflation rate will likely stabilize, but we aren’t going back to a low inflation environment.
However, dramatically raising interest rates will definitely crash the housing market.
Ultimately, we are going to get to enjoy 1970s-style inflation and a repeat of the housing crash of 2008 all at the same time.
Won’t that be fun?
A historic economic meltdown of epic proportions has begun, and it is going to get a whole lot worse.
We seem to be in the midst of some sort of a “perfect storm” with no end in sight.
So why is this happening to us?
Why does the United States just keep getting hit by one historic nightmare after another?
We appear to have entered an ominous new chapter in our history, and I believe that events will accelerate even more during the difficult months that are ahead of us.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.
The post Why Does The United States Just Keep Getting Hit By One Historic Nightmare After Another? appeared first on The Economic Collapse.
There probably aren’t too many gun fans who are also movie fans that aren’t familiar with the Walther name. Ian Fleming’s James Bond Franchise and the ensuing movies have ensured that the Walther PPK will live on in peoples memory for years to come. The Walther PK380 follows in the footsteps of Bond’s PPK pistol…
The post Walther PK380 Review – Expert’s Opinion appeared first on Survival Cache.
Time for another article on one of my favorite topics: making fire and fire-making tools. Even though the electric lighter has been around for a long time, I didn’t really get into using them until the last couple of years. I guess I’m old school and like a traditional lighter with a flame, or at…
The post USB Rechargeable Lighter Bolt Coil Review appeared first on Survival Cache.
They are trying to do it to us again. Over the past two years, they have lied to us over and over again, and now they are going back to the same old playbook one more time. Everyone is anticipating that Thursday’s GDP number will show that the U.S. economy has now contracted for two quarters in a row, and when that happens that will mean that we have fallen into an economic recession. In fact, if you go to Google and type in “recession definition”, this is what you will find: “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.” But the Biden administration doesn’t like that definition for obvious reasons. If everyone starts throwing around the word “recession” to describe what is going on, the outlook for the Democrats in the midterm elections is likely to get even bleaker.
So instead of facing reality, Biden administration officials are now attempting to move the goalposts. Just check out how Treasury Secretary Janet Yellen responded to a question posed to her by Chuck Todd of Meet The Press on Sunday…
“Meet the Press” host Chuck Todd asked Yellen: “If the technical definition is two quarters of contraction, you’re saying that’s not a recession?”
“That’s not the technical definition,” Yellen responded. “There is an organization called the National Bureau of Economic Research that looks at a broad range of data in deciding whether or not there is a recession. And most of the data that they look at right now continues to be strong.
“I would be amazed if they would declare this period to be a recession, even if it happens to have two quarters of negative growth,” Yellen said.
Okay, so can Yellen show us a time when the U.S. economy contracted for two quarters in a row without it being considered a recession?
Someone should ask her that question.
Meanwhile, an article that has been posted on the official White House website is also trying to convince us that what we are experiencing is not actually a “recession”…
What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data—including the labor market, consumer and business spending, industrial production, and incomes. Based on these data, it is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.
Really?
Let’s take a look at some of the economic news that has recently come out…
-The Conference Board’s index of leading economic indicators has fallen for four months in a row.
-The number of Americans submitting new claims for unemployment benefits is the highest that it has been in eight months.
-Sales of previously owned homes have now dropped for five months in a row.
-Home prices are starting to rapidly fall all over the nation.
-One recent survey found that 35 percent of all small business owners in the U.S. “could not pay their rent in full or on time in June”.
You can find more troubling numbers like these in an article that I posted just yesterday.
All of the trends are clearly pointing in one direction, and we received more bad news on Monday. The following comes from Zero Hedge…
Another day, another set of disappointing data confirming the ‘r’ word is imminent. Both the Dallas Fed and Chicago Fed dropped some truth bombs in their surveys of local and national (respectively) economic activity.
The Dallas Fed Manufacturing Outlook Level of General Business Activity tumbled further in July, dropping to -22.6 from -17.7 (and worse than expected)…
That is an absolutely horrible number, and the Chicago Fed’s National Activity Index has now fallen for two months in a row for the very first time since the early days of the COVID pandemic…
Shifting from local pain to national pain, The Chicago Fed’s National Activity Index signaled a second straight month of contraction in June (first time since early 2020). The smoothed index dropped into negative territory for the first time since May 2020.
Sadly, the Democrats will deny that we are in a recession until they are blue in the face because they want to do well in November.
I can understand that.
But do they really think that the American people are stupid enough to believe them?
Everywhere around us, economic activity is slowing down.
Even Walmart is starting to experience the pain. The following numbers were just posted on the official corporate Walmart website…
Of course this is just the beginning.
The Biden administration would have us believe that any bumps in the road are just temporary and that a golden new age of prosperity for America is just around the corner.
Alternatively, I am entirely convinced that we are heading into a historic economic meltdown of epic proportions.
Someday let’s look back and see who was right and who was wrong.
Honestly, I would love for the Biden administration to be correct.
If we really were moving into a time of great peace and prosperity, I would absolutely love it.
Unfortunately, that is not the truth.
At this point, the vast majority of Americans can see that hard times are coming, and the Biden administration is going to be powerless to stop the nightmare that is now coming straight at us.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.
The post The Gaslighting Has Escalated To Extremely Absurd Levels As The Biden Administration Desperately Attempts To Move The Goalposts appeared first on The Economic Collapse.
You’ve come to the realization that you need to up your food storage game. Storing common ingredients and making your…
This article %Storing Flour Long-Term – How Preppers Do It% appeared first on %SHTF Blog – Modern Survival%.
What will we do when we inevitably run out of topsoil? This month, I have written a number of articles that show that the clock is ticking for humanity. We are systematically destroying the planet that we live on, and we are already witnessing mass extinctions of plankton, insects and birds. Our food is full of poisons, our water is full of poisons and the air that we breathe is full of poisons. And it gets worse with each passing year. But one thing that I haven’t talked about recently is the loss of our topsoil. 95 percent of the food that we eat comes from the soil, and so if we have no soil we have no food. This is a crisis that has been building for decades, and now we are rapidly approaching a major crisis point.
The amount of land that is used for agriculture all over the world has been steadily climbing for decades, and the intensive farming techniques that have been employed have resulted in a staggering loss of topsoil…
But beneath the feet of Iowa’s farmers, a crisis is unfolding. The average topsoil depth in Iowa decreased from around 14-18 inches (35-45cm) at the start of the 20th Century to 6-8 inches (15-20cm) by its end. Relentless tilling and disturbance from farm vehicles have allowed wind and water to whisk away this priceless resource.
The same picture is seen on farms worldwide. Soils are becoming severely degraded due to a combination of intensive farming practices and natural processes. As the layer of fertile topsoil thins, it gets increasingly difficult to grow crops for food. Without altering agricultural practices and urgently finding ways to preserve soil, the global food supply starts to look precarious.
According to Time Magazine, “soil is being lost at between 10 and 40 times the rate at which it can be naturally replenished”, and the outlook for the future is extremely bleak.
Sadly, this is even true here in the United States. When early Americans first started to settle in the Midwest, a very thick layer of extremely dark topsoil was there to greet them.
But now that topsoil is rapidly disappearing, and what remains is soil that is “often much lighter in color”…
The soil that’s darkest in color is widely known as topsoil. Soil scientists call this layer the “A-horizon.” It’s the “black, organic, rich soil that’s really good for growing crops,” says Evan Thaler, a Ph.D. student at the University of Massachusetts, Amherst.
It’s full of living microorganisms and decaying plant roots, also called organic carbon. When settlers first arrived in the Midwest, it was everywhere, created from centuries of accumulated prairie grass. Plowing, though, released much of the trapped carbon, and topsoil was also lost to wind and water erosion. The soil that remains is often much lighter in color.
I remember the thick, black soil that I could dig my hands into when I was a child.
I would love to experience that again, but the soil in the Midwest is far different today.
In fact, it is being estimated that the Midwest has lost 57.6 billion metric tons of topsoil already…
Since farmers began tilling the land in the Midwest 160 years ago, 57.6 billion metric tons of topsoil have eroded, according to a study published recently in Earth’s Future. The loss has occurred despite conservation efforts implemented in the 1930s after the Dust Bowl, and the erosion rate is estimated to be double what the U.S. Department of Agriculture (USDA) says is sustainable. Future crop production could be severely limited if it continues, reports Rachel Crowell for Science News.
“Future crop production could be severely limited” is a nice way of saying that everyone is going to starve if something doesn’t change.
And that could happen a whole lot sooner than many people think.
According to the UN, all of our topsoil could be gone “within 60 years”…
Generating three centimeters of top soil takes 1,000 years, and if current rates of degradation continue all of the world’s top soil could be gone within 60 years, a senior UN official said on Friday.
About a third of the world’s soil has already been degraded, Maria-Helena Semedo of the Food and Agriculture Organization (FAO) told a forum marking World Soil Day.
Maria-Helena Semedo actually made that statement back in 2014.
So that means that we don’t actually have 60 years left.
If that projection is accurate, we only have 52 years remaining until all the topsoil is gone.
And one expert recently told CNBC that there are actually some places in the world that “have already lost all of their topsoil”…
“There are places that have already lost all of their topsoil,” Jo Handelsman, author of “A World Without Soil,” and a professor at the University of Wisconsin-Madison, told CNBC.
The impact of soil degradation could total $23 trillion in losses of food, ecosystem services and income worldwide by 2050, according to the United Nations Convention to Combat Desertification.
2050 is only 28 years away.
Of course horrifying global famines will inevitably arrive long before we get to that point.
And we are actually hastening the demise of our soil by our own behavior.
Today, agricultural lands all over the planet are being saturated by trillions upon trillions of microplastics.
The amount of plastic that we produce continues to rise at an exponential rate, and that means that the amount of microplastics raining down on our farms will continue to rise at an exponential rate.
As the level of plastic in the soil keeps going up, it is going to become increasingly difficult to grow much of anything.
I know that the information in this article is difficult to take in, but it is vital that you understand what is ahead of us.
We aren’t just facing an economic collapse.
The truth is that what we are actually facing is the collapse of everything.
When I say that the clock is ticking for humanity, I am not exaggerating one bit.
Unless something really dramatic happens, we are heading into a future that is going to be far more horrible than most people would dare to imagine.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.
The post Doomsday Approaches: Scientists Say That The Earth Will Run Out Of Usable Topsoil In 60 Years appeared first on The Economic Collapse.
Imagine you’re walking outside. Maybe you are fishing, camping, hiking or just taking care of some business on your property. All of a sudden, a venomous snake seemingly appears out of nowhere. You feel threatened, so you pull out a revolver, take aim, and pull the trigger. But you miss. You shoot a second time…
The post What Is Snake Shot and Does It Work? appeared first on Survival Cache.
You may not want to buy a house right now. What goes up must eventually come down, and we have just entered the “down” side of that equation. Over the past two years, home prices in the United States have gone up nearly 40 percent. Now mortgage rates are rising at a pace that is truly frightening, and they are likely to go even higher in the months ahead as the Federal Reserve continues to fight a relentless war against inflation. Needless to say, higher mortgage rates mean higher potential mortgage payments for prospective home buyers, and so millions of Americans are being priced out of the marketplace right now. The only thing that is going to bring those buyers back into the marketplace is for home prices to go down, and that is already starting to happen in some areas of the nation.
We were already in a historic housing bubble heading into 2020, and over the past two years we have witnessed another housing bubble develop on top of the previous housing bubble.
Overall, home prices in the U.S. rose 37 percent between March 2020 and March 2022.
That is insane.
Of course our incomes have not been going up as fast as home prices have. In fact, it is being reported that “home prices have gone up four times faster than incomes” over the past year…
Economists at the Federal Reserve Bank of Dallas put the real estate industry on edge this spring after they published a paper titled Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble. Why the renewed concern? Over the past year alone, home prices have gone up four times faster than incomes. Simple economic theory, which dictates that neither home prices nor incomes can outgrow the other for very long, tells us that isn’t sustainable.
There is no way that this could continue for long, and we have reached a point where home prices in the United States are “overvalued” by almost 25 percent…
The analysis conducted by Moody’s Analytics aimed to find out whether economic fundamentals, including local income levels, could support local home prices. On a national level, Moody’s Analytics finds U.S. home prices are “overvalued” by 24.7%. In other words, U.S. home prices are 24.7% higher than they would historically trade at given current income levels.
Does this mean that home prices will come down by 25 percent?
Well, it all depends on what the Federal Reserve chooses to do.
If the Fed decides to stop raising interest rates by the end of this year, the damage could potentially be minimized.
But if the Fed continues to raise interest rates throughout 2023, we are likely to see carnage that is unlike anything we have ever seen before.
Personally, I have been stunned by how rapidly mortgage rates have risen. According to Peter Schiff, the last time that average 30 year mortgage rates crossed the 6 percent threshold was just before the last housing crash…
Average 30-year mortgage rates have pushed to nearly 6.4%. The last time we saw mortgage rates over 6% was right before the housing crash of 2008. Until mid-April, mortgage rates were in the 4% to 5% range. Just one month ago, rates were 5.49%.
Lower-income homebuyers have already been priced out of the market by spiking mortgage rates. The houses that are selling tend to be in higher price ranges.
Officials at the Federal Reserve can see what is happening, but they consider taming inflation to be a much higher priority right now.
So the housing bubble will inevitably continue to implode, and the numbers for the industry will just get even uglier. Here is more from Peter Schiff…
Air is hissing out of the housing bubble faster and faster every week.
Pending sales plunged in June and the inventory of homes on the market jumped as mortgage rates continue to rapidly rise.
Pending home sales plunged by 16% year-over-year in June. This follows on the heels of a 12% drop in May and a 9% dip in April. June marked the 10th straight month of year-on-year declines in pending sales.
Some of the hottest markets in the country have started to cool off really fast.
For example, just look at what is happening in California…
The pace of California home sales plunged 21% in June from a year earlier as soaring mortgage rates took a bite out of buyer interest, the state Realtors group reported Monday.
And what we are witnessing in Boise is really alarming.
Boise was once one of the hottest markets in the entire nation, but now sales are dropping faster than Joe Biden’s approval rating…
Before governors relaxed stay-at-home orders two years ago, white-collar professionals were already fleeing their exorbitantly priced apartments in cities like San Francisco and Seattle. The biggest beneficiary of that WFH homebuying wave was undoubtedly Boise—where home prices skyrocketed 53%. You could even call it the poster child of the pandemic housing boom.
But that Boise honeymoon is over. While spiking mortgage rates have pushed the overall U.S. housing market into a slowdown, it has delivered a particularly hard blow to the Boise housing market. That has seen both Boise home sales plummet—down 28% on a year-over-year basis—and inventory levels surge—up 161% this year. It’s also chipping away at home values. According to Zillow, the median Boise home sales price fell 3.5% in June.
This downturn is going to have enormous implications for home builders as well.
Sales are falling, and a key measure of home builder confidence just declined for the seventh month in a row…
The National Association of Home Builders/Wells Fargo Housing Market Index, which measures the pulse of the single-family housing market, fell for the seventh consecutive month to 55, the lowest level since May 2020. It is the second-biggest, one-month decline in the survey’s 37-year history.
The only time that the index has fallen more in a single month was during the very early stages of the COVID pandemic.
National Association of Home Builders CEO Jerry Howard fears that things will continue to get worse in the months ahead, and he is warning that “we’re going to go into a recession” unless something dramatic happens…
“For the last seven straight months it has been going down and this is a huge drop – and I think all it says is, ‘Somebody do something or we’re going to go into a recession,’” Howard said.
I am sorry to tell you this Jerry, but we are already in a recession right now, and it is going to get really bad.
Our leaders have been making decisions that have been mind-numbingly bad for a long time, and now we are all going to suffer the consequences.
If you are searching for an easy way out of this mess, you can stop looking, because there isn’t one.
What we are heading for is going to make 2008 and 2009 look like a Sunday picnic, and it will shake our nation to the core.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.
The post We Are About To Experience An Absolutely Epic Housing Crash The Likes Of Which America Has Never Seen Before appeared first on The Economic Collapse.
It is happening again. Lines at food banks all across the country are getting extremely long, and this is happening even though we are still only in the very early stages of the next major economic downturn. If the lines are this long already, what will they look like six months or a year from now? Since the beginning of 2022, I have been relentlessly warning my readers about the rapidly emerging food crisis that we are witnessing all over the globe. Food supplies have been getting tighter and tighter, and now insane weather patters are causing crops to fail throughout the northern hemisphere. We really are moving into unprecedented territory, but this hasn’t really hit home with the general population yet.
Personally, I didn’t expect to see a huge surge in demand at food banks around the nation until the summer was over. But according to ABC News, the surge that so many of us have been anticipating is already here…
Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families.
With gas prices soaring along with grocery costs, many people are seeking charitable food for the first time, and more are arriving on foot.
It is certainly true that the cost of living is quickly eating away at our standard of living.
A single shopping cart full of food can now easily cost 250 or 300 dollars at this point, and as a result more struggling families are turning to food banks for some assistance.
In Phoenix, one food bank recently reported a 78 percent increase in demand compared to the same time last year…
The Phoenix food bank’s main distribution center doled out food packages to 4,271 families during the third week in June, a 78% increase over the 2,396 families served during the same week last year, said St. Mary’s spokesman Jerry Brown.
I was extremely alarmed when I first read that.
Have things really gotten this bad already?
One woman that was interviewed said that she was willing to wait in such a long line because “it’s really impossible to get by now without some help”…
Tomasina John was among hundreds of families lined up in several lanes of cars that went around the block one recent day outside St. Mary’s Food Bank in Phoenix. John said her family had never visited a food bank before because her husband had easily supported her and their four children with his construction work.
“But it’s really impossible to get by now without some help,” said John, who traveled with a neighbor to share gas costs as they idled under a scorching desert sun. “The prices are way too high.”
Unfortunately, things are only going to get worse in the months ahead.
Extreme weather is absolutely scorching crops all over the northern hemisphere, and there is no relief in sight.
Over in Europe, we are seeing temperatures that we have never seen before. In fact, UK authorities are expecting all-time record highs all across the country on Monday and Tuesday…
Britain’s national weather agency, known as the U.K. Met Office, issued its first-ever red extreme heat warning Friday. The warnings, in place for Monday and Tuesday, cover much of southern England, where temperatures could reach 40 degrees Celsius – or about 104 degrees.
“Nobody alive has seen a temperature of 40 degrees Celsius in the U.K.” weather.com senior meteorologist Jonathan Erdman pointed out. “That would be a hot day this time of year in Dallas or Houston, much less London.”
Of course temperatures are far higher elsewhere.
At one point, a record high temperature of 117 degrees was recorded in Portugal, and so far there have been more than 1,000 deaths from the heat throughout all of Europe…
At least 1,000 deaths have been attributed to the heatwave in Portugal and Spain so far, according to the country’s weather agencies, which are reporting 1,027 at this time.
Around 440 deaths were recorded on Thursday alone, when temperatures exceeded 40C (104F) in several regions and 47C (117F) at a meteorological station in the district of Vizeu in the center of the country.
Here in the U.S., an endless drought in the Southwest has been playing havoc with crops for a long time, and now a “heat dome” is forming which will bring extreme temperatures to the region for at least “several more weeks”…
The heat will be prolonged, with computer models projecting several more weeks of unusually high temperatures as a heat dome shifts west with time, setting up hot and dry conditions from Colorado to California.
When things are this hot and this dry for an extended period of time, it is inevitable that crops will fail.
And at this point, we are being told that crops are failing in much of the northern hemisphere. The following comes from Zero Hedge…
Infrared satellite imagery designed to measure moisture levels and the health of farmlands suggests that staple crops such as wheat are in poor condition and in sharp decline among major exporters including the Ukraine, the US and India. Two countries do have bumper crops so far though; namely Russia and China.
It is hard to say which governments and institutions monitor this data, but a few months ago a multitude of political leaders and global banks issued simultaneous warnings of a “global food shortage” and an impending crisis. Such institutions included the IMF, World Bank, the BIS and even the White House. So far, a perfect storm of stagflation, supply chain disruptions and poor weather conditions have combined to disrupt food production around the world.
Read those two paragraphs again.
This is beyond serious.
And I wouldn’t be anticipating a good harvest from Russia either, because right now millions upon millions of locusts are voraciously devouring crops in the agricultural heartland of that nation.
In all of my years, I have never seen anything quite like this.
Here in the U.S., our food supply continues to get hit by more very strange accidents. They are happening so frequently now that it is really hard to keep up with them all.
All over the world supplies of food are getting tighter and tighter, and the stage is being set for the sort of historic global food crisis that I have long warned about.
The UN has already told us that we are heading into an “unprecedented” global food crisis, but most people aren’t taking such warnings seriously.
But perhaps when they are finally forced to get in the food lines themselves they will finally wake up.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible. I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.
The post Food Lines Get Depressingly Long In The U.S. Again As Crops Fail All Over The Globe appeared first on The Economic Collapse.
