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Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024

Retail stores are being shut down at a staggering rate all over the country.  If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023.  That is what you call a crisis!  Meanwhile, banks are shuttering hundreds of branches from coast to coast, and a “restaurant apocalypse” is sweeping across the nation.  Everywhere around us, “space available” signs are going up on buildings that were once considered to be prime commercial real estate.  If someone tries to convince you that the U.S. economy is in good shape, just show them this article and ask them why so many once prosperous businesses are closing.  Needless to say, they will not be able to win the argument after that.

According to the Daily Mail, nearly 2,600 store closings were announced during the first four months of 2024…

US retailers have announced the closure of almost 2,600 stores in 2024 – just four months into the year.

Big names including Macy’s, Walmart, Walgreens, Foot Locker and 7-Eleven have all said they are closing shops.

But discount stores like Family Dollar and bankrupt 99 Cents Only have been worst hit, as have drugstores like CVS and Rite Aid.

If the U.S. economy is heading in the right direction, why are many of the largest retail chains in the U.S. shutting down stores?

That wouldn’t make any sense at all.

If this pace remains constant throughout the rest of this year, we would hit a grand total of approximately 7,800 store closing announcements by the end of 2024…

If the closures were to continue at the same rate for the rest of the year they would total 7,800 in 2024 – almost 40 percent more than the total in 2023.

When the number of retail stores shutting down goes up by 40 percent in a single year, that is a sign that your economy is really “booming”, eh?

Sadly, we are losing more stores with each passing day.

On Thursday, we learned that a major convenience store chain in Wisconsin has decided to close down all of their locations

Wisconsin convenience store and gas station chain The Store is being forced to close all of its 25 locations.

The Store, established in 1976, will shutter its businesses at the end of July. It also has locations in Michigan.

In some cases, stores are being closed down due to rapidly slowing economic conditions.

But in other cases, stores are being permanently shuttered due to the unprecedented wave of retail theft that never seems to end.

Earlier this week, I was intrigued by an article that was cleverly titled “Lego thefts across Southern California leave police trying to piece together clues”…

Believe it or not, the Lego sets and figurines collecting dust in your childhood bedroom could fetch a pretty penny.

So pretty, in fact, that two suspects have allegedly stolen more than $100,000 in Lego merchandise from six Bricks & Minifigs stores across Southern California.

The Lego reseller, which stocks mini figures, accessories and bricks, has more than 100 outlets across the U.S.

The Riverside store was the first one burglarized, with the suspects hitting it April 3, followed by Ontario on April 12, Whittier on May 3, Irvine on May 9 and the Costa Mesa and Fullerton locations on June 1, Whittier store owner Katie Leuschner said.

“Shrink” is costing U.S. retailers more than 100 billion dollars a year at this point.

In this sort of an environment, it is difficult for any retailers to be profitable, and that is especially true in our major cities.

Meanwhile, our banks are shutting down branches at a feverish rate.

So far this year, more than 400 locations have been permanently closed…

US banks closed 79 branches in just six weeks – as the industry increasingly offers services online.

The figures suggest the axing of costly bricks-and-mortar locations will continue, with total closures so far for 2024 above 400.

California is worst affected by the recent closures with 20 registered shutterings between April 20 and June 1.

When banks get into trouble, they get really tight with their money, they fire workers, and they close branches.

So expect to see a lot more branches get shuttered during the months ahead.

We are also in the midst of a “restaurant apocalypse”, and that is very bad news if you like to eat out a lot.

For example, Red Lobster recently closed 93 locations earlier this year, and now we have learned that 135 more are on the brink of being canned if they continue to lose money

Red Lobster is ready to close another batch of more than 100 restaurants if it is unable to renegotiate cheaper rent with its landlords.

The seafood chain abruptly closed 93 of its 700-odd restaurants on May 13 – and the next week filed for Chapter 11 bankruptcy in the hope it can restructure its debts.

New court documents reveal that there are another 135 restaurants that bosses say will keep losing money if leases stay as they are, Restaurant Business reported. The option is for the company to pay less rent or shut them.

If I owned a restaurant chain, a bank, or a major retailer, I would be trimming locations too.

Economic conditions are horrible, theft is absolutely rampant, and the violence in our streets is rapidly approaching levels only seen in the most dangerous areas of the planet.

Earlier this week, Collin Rugg posted an account of a particularly alarming incident that just happened in Chicago

A woman identified as ‘Nina’ says she was walking down the street when she got surrounded by teens who assaulted her.

Her crime? Walking down the wrong street.

“We own the street, we own the street. You can’t just walk around prancing in your little dress,” the gang of about 10 said.

They then held her husband back as they beat her, ripped out her hair, pepper sprayed her face and kicked her in the stomach.

“First someone approached him and hit his head, punched him in the head, and he looked back and he looked at me and told me ‘run’.”

“Another lady came to me and dragged me with my hair on the ground.”

“I started screaming she started pepper-spraying me right in the face, in the eyes.”

“Another person starts stomping all over me, and my husband ran towards me to save me and over 10 people held him.”

She lost her baby hours later.

For a long time, I have been warning that “chaos” would be coming to the streets of America.

Now it is here.

And it is getting worse every single day.

Unfortunately, most Americans still don’t understand the fundamental transformation that is happening to our society and they still believe that our leaders will be able to return things to “normal” eventually.

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com. He has also written seven other books that are available on Amazon.com including “End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  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, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024 appeared first on The Economic Collapse.

Now That Someone Has Dropped Dead, Fear Of H5N2 Is Already Starting To Ripple All Over The Globe

We just learned that a person in Mexico has dropped dead after catching H5N2, and people are already totally freaking out about this all over the Internet.  In recent weeks, there was already enough concern about the potential for a major H5N1 outbreak among humans.  Dairy cows throughout the U.S. have been getting infected with that version of the bird flu, and three dairy workers have tested positive.  A full-blown H5N1 outbreak among humans would have the potential to be catastrophic, but we don’t even know what an H5N2 outbreak among humans would look like because there never has been one.  So far, we have one confirmed case and one death.  If it is confirmed that there is human to human transmission of H5N2 going on, the masks, lockdowns, shots and public hysteria that we witnessed a couple of years ago could return in the blink of an eye.

The person that just died after catching H5N2 lived in Mexico, and we are being told that this individual had no exposure to poultry or other animals.

The following comes directly from the official World Health Organization website

On 23 May 2024, the Mexico IHR NFP reported to PAHO/WHO a confirmed case of human infection with avian influenza A(H5N2) virus detected in a 59-year-old resident of the State of Mexico who was hospitalized in Mexico City and had no history of exposure to poultry or other animals. The case had multiple underlying medical conditions. The case’s relatives reported that the case had already been bedridden for three weeks, for other reasons, prior to the onset of acute symptoms.

On 17 April, the case developed fever, shortness of breath, diarrhoea, nausea and general malaise. On 24 April, the case sought medical attention, was hospitalized at the National Institute of Respiratory Diseases “Ismael Cosio Villegas” (INER per its acronym in Spanish) and died the same day due to complications of his condition.

Results from Real-Time Polymerase Chain Reaction (RT-PCR) of a respiratory sample collected and tested at INER on 24 April indicated a non-subtypeable influenza A virus. On 8 May, the sample was sent for sequencing to the Laboratory of Molecular Biology of Emerging Diseases Center for Research in Infectious Diseases (CIENI per its acronym in Spanish) of INER, which indicated that the sample was positive for influenza A(H5N2). On 20 May, the sample was received at the Institute of Epidemiological Diagnosis and Reference (InDRE per its acronym in Spanish) of the Mexico National Influenza Centre, for analysis by RT-PCR, obtaining a positive result for influenza A. On 22 May, sequencing of the sample confirmed the influenza subtype was A(H5N2).

If this person didn’t catch it from a bird or some other animal, how was this individual infected?

And did this person spread H5N2 to others before finally seeking medical attention?

It is being reported that this is the very first human case of H5N2 that has ever been confirmed by a lab…

This was the first laboratory-confirmed human case of infection with A(H5N2) subtype of bird flu reported globally and the first H5 virus infection in a person reported in Mexico.

This individual could have potentially spread the disease to hundreds or even thousands of others.

If that is what actually happened, it may already be too late to contain it.

One expert that was recently asked about a potential bird flu pandemic admitted that “we’re in big trouble” once it starts spreading among humans on a widespread basis…

“All of our efforts need to be focused on preventing those events from happening,” said Matthew Miller, co-director of the Canadian Pandemic Preparedness Hub at McMaster University.

“Once we have widespread infections of humans, we’re in big trouble.”

But I wouldn’t push the panic button just yet.

An isolated case is just an isolated case.

However, if more confirmed cases of H5N2 start popping up that would definitely be cause for concern.

Of course H5N1 also continues to alarm the experts.

This week, we learned that 11 house mice in the state of New Mexico have tested positive for H5N1

House mice have become the latest mammal to become infected with H5N1 bird flu, sparking fears that the almost omnipresent pests could spread the virus to humans.

Eleven house mice in the state of New Mexico – where several herds of dairy cattle are infected with H5N1 – tested positive for the avian influenza, new data released by the US Department of Agriculture (USDA) has shown.

One of the reasons why this is causing so much concern is because there are millions upon millions of mice living all around us, and in many cases our own homes are infested with them

The discovery of the virus in mice is particularly alarming, as it significantly raises the risk of human transmission and further spread, say experts.

Mice live in unnervingly close proximity to humans: they scurry beneath floorboards, hide in cupboards and roam our offices, larders and restaurants.

It is important to remember that the bubonic plague was spread all over Europe by mice.

So this will be something that we will want to keep a very close eye on.

Interestingly, scientists recently conducted a study which proves that mice can become infected with H5N1 after drinking raw milk from dairy cows

A new study published Friday provides more evidence of the potential danger of drinking unpasteurized, or raw, milk containing H5N1 avian flu viruses.

The work, published in the New England Journal of Medicine, showed that mice that were fed milk from H5N1-infected cows became very ill.

The study cannot prove that what happened to the mice would definitely happen to people who drink raw milk containing the dangerous virus, but it underscores the probable risk, experts said. Studies like this cannot be conducted in people, for ethical reasons.

In my latest book, I have an entire chapter entitled “Pestilences” because I am entirely convinced that global outbreaks of disease will be one of the major themes of the next several years.

The bird flu has already resulted in the deaths of hundreds of millions of birds all over the globe, and now it is infecting dairy cows, domestic cats and mice here in the United States.

Many scientists believe that it is just a matter of time before there is a bird flu pandemic among humans.

I don’t know if that is true or not.

But the fact that someone just dropped dead from H5N2 definitely got my attention, because if a bird flu pandemic does erupt it will create even more fear than the last pandemic did.

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com. He has also written seven other books that are available on Amazon.com including “End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  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, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post Now That Someone Has Dropped Dead, Fear Of H5N2 Is Already Starting To Ripple All Over The Globe appeared first on End Of The American Dream.

Medvedev Warns That Any U.S. Strike On Russian Targets Will Be The “Start of World War”

This article was originally published by Ethan Huff at Natural News. 

A former Russian president is warning that a strike by the United States on any Russian target will amount to the “start of world war.”

Dmitry Medvedev, who has been quite vocal lately about the West’s behavior towards Russia, announced to the world this week that World War III will be set in motion the moment the U.S. strikes Russia in any capacity.

The current Deputy Chair of Russia’s Security Council, Medvedev said this after Polish Foreign Minister Radoslaw Sikorski stated that the U.S. will conduct such a strike if Russia uses any kind of nuclear weaponry in Ukraine.

In a post on X, Medvedev made the suggestion that Sikorski “apparently has decided to scare his masters” with such a statement, unlike the U.S. which is “more cautious” than the Poles.

“Americans hitting our targets means starting a world war, and a Foreign Minister, even of a country like Poland, should understand that,” Medvedev added.

(Related: According to Medvedev, Ukraine is “a classic failed state.”)

Poland pushing for world war

Medvedev also addressed similar statements made last month by Polish President Andrzej Duda about Poland’s willingness to host U.S. nuclear weapons if offered the chance under NATO’s sharing mechanism.

If any such arrangement comes to fruition and results in a nuclear strike on Russia, “Warsaw won’t be left out and will surely get its share of radioactive ash,” Medvedev assured about the outcome.

Sikorski, responding to Medvedev’s warning, expressed skepticism about Russia ever even launching a nuclear strike in Ukraine.

“The Americans have told the Russians that if you explode a nuke, even if it doesn’t kill anybody, we will hit all your targets [positions] in Ukraine with conventional weapons – we’ll destroy all of them,” he stated, calling the warning a “credible threat.”

Sikorski added in statements to The Guardian (United Kingdom) that both China and India have similarly warned Russia against nuclear escalation in Ukraine.

Ukraine’s Western backers, Sikorski continued, should allow the Zelensky regime to use its weapons to strike targets in Russian territory “apart from not using nuclear weapons, [Moscow] does not limit itself much.”

The European Union (EU), in Sikorski’s opinion, should not be afraid of escalating the war in Ukraine, nor should it impose any kind of limits on what it does. This has left Moscow guessing as to what the West’s next move will be.

Russian President Vladimir Putin continues to say that at no point has he considered using nuclear weapons in Ukraine. Kremlin spokesman Dmitry Peskov added that Russia’s nuclear doctrine hinges upon only launching nukes “if something threatens the existence of our country.”

In short, Russia looks at nuclear weapons as a “farewell weapon,” meaning they are a weapon of last resort that will only be used if provoked to the point of possible Russian extinction.

Back in February at his annual address to the Federal Assembly, Putin warned the aggressive West that Russia’s nuclear arsenal is in a state of “complete readiness for guaranteed deployment.”

Earlier this month, Putin launched an exercise in the use of tactical nuclear weapons in the Southern Military District of Russia, which borders Ukraine. This exercise was meant to be a warning to the U.S. and its allies following escalatory rhetoric pushing towards WWIII.

“Look at the parallels between the lead-up to both world wars I and II and you will see that we are in WWIII,” one commenter at RT wrote.

“Turn off the power plants in Ukraine,” suggested another about how to avoid any further mass civilian casualties. “No need to harm the civilians.”

Things are escalating to the point of another world war. Find out more at WWIII.news.

The World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down

I suppose that congratulations are in order.  It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down.  Even though delinquency rates are rising all over the world, as long as conditions remain at least somewhat relatively stable the game will be able to continue.  Unfortunately, conditions won’t be relatively stable for long.  Global events have started to accelerate significantly, and that is really going to shake things up in the months ahead.

According to a report that was just released by the Institute of International Finance, the total amount of debt in the world has reached a grand total of 315 trillion dollars

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance.

This global debt wave has been the biggest, fastest and most wide-ranging rise in debt since World War II, coinciding with the Covid-19 pandemic.

“This increase marks the second consecutive quarterly rise and was primarily driven by emerging markets, where debt surged to an unprecedented high of over $105 trillion—$55 trillion more than a decade ago,” the IIF said in its quarterly Global Debt Monitor report released in May.

We are in the midst of the greatest global debt binge in the history of the world.

Household debt is at a level we have never seen before, business debt is at a level we have never seen before, and government debt is at a level we have never seen before

Of the $315 trillion debt stock, household debt, which includes mortgages, credit cards and student debt, among others, amounted to $59.1 trillion.

Business debt, which corporations use to finance their operations and growth, stood at $164.5 trillion, with the financial sector alone making up $70.4 trillion of that amount. Public debt made up the rest at $91.4 trillion.

For the moment, conditions are at least somewhat relatively stable, and so everything seems fine.

But it won’t take much to push us over the edge.

For example, during a recent interview with Greg Hunter, Chris Martenson suggested that a Chinese invasion of Taiwan could trigger a sudden meltdown of the bond market

In a new market meltdown, Dr. Martenson sees chaos and gives a hypothetical example: “China attacks Taiwan, and there is a 10 sigma move in the bond market. Oh no, all these derivatives have blown up. These people are supposed to be winners, and these people are supposed to be all losers. No, no, they don’t have any money for that stuff. It’s too complicated. I don’t think anybody understands how this works anymore. I could not find anybody who could tell me the whole thing. I could find people who knew bits and pieces, but they knew their slice. . . . I am trying to stitch this thing all together. I get uncomfortable when I can’t answer the most basic questions, and that is how much risk is there in the system and where is it?”

In short, Dr. Martenson is worried about the whole financial system going down. Dr. Martenson says, “Yes, I am worried about the whole system going down, and that leads to all sorts of speculation. . . . Imagine this, we wake up one day, and the markets are not open on Monday. Oh no, glitch. Problem. Then, it’s two days and not open, three days not open. People are getting worried. Friday, and the markets are still not open. Monday comes, and they say it’s a super big problem, and we don’t know how to resolve it. . . . They offer you 100% value today in a Central Bank Digital Currency (CBDC) account or you can wait it out and hope it gets resolved, and it might take a decade.”

The moment that the Chinese invade Taiwan, the U.S. and China will be at war.

This is one of the three major wars that I have been warning about for a long time.

Unfortunately, the Chinese continue to become more aggressive toward Taiwan.  In fact, late last week they conducted the biggest practice run that we have seen so far

China wrapped up a two-day, large-scale military exercise Friday after its forces deployed 111 aircraft and 46 naval vessels to areas around Taiwan.

Taiwan’s National Defense Ministry said 82 Chinese military aircraft crossed the median line of the Taiwan Strait and some got very close to the 24-nautical-mile line that Taiwan uses to define its contiguous zone.

The military drills, branded as a “punishment” for Taiwan’s new president, Lai Ching-te, who China views as separatist, focused on conducting joint sea-air combat-readiness patrol, joint seizure of comprehensive battlefield control and joint precision strikes on key targets involving China’s army, navy, air force and rocket force.

Meanwhile, both sides just continue to escalate matters in Ukraine.

It is being reported that French forces will soon be heading to Ukraine to help “train” Ukrainian troops, and that is a very ominous development

Ukraine’s military says it is ‘welcoming’ French trainers in Ukraine, in new remarks which strongly suggest that for the first time France is deploying its troops to Ukraine soil. This marks the beginning of major ‘boots on the ground’ escalation in a formal, public capacity by a NATO state.

“Ukraine’s top commander said on Monday he had signed paperwork allowing French military instructors to visit Ukrainian training centers soon,” Reuters reported Monday, referencing head of the armed forces Col. Gen. Oleksandr Syrskyi.

“I am pleased to welcome France’s initiative to send instructors to Ukraine to train Ukrainian servicemen,” Syrskyi said following video link talks with French defense minister Sebastien Lecornu.

We are getting closer and closer to the day when western forces will be in direct conflict with Russian forces, and this is something that I have been warning about for many years.

The third major war that will greatly shake the entire planet is the war that has erupted in the Middle East.

Israeli forces keep going even deeper into Rafah, and the IDF and Hezbollah continue to exchange fire along the northern front.

Eventually this war is going to escalate to an extremely dangerous level, and we could potentially see that happen by the end of this calendar year.

In addition to military conflict, major pestilences are also a factor that could turn the global financial system upside down.

Earlier today, we learned that over 4 million chickens at just one farm in Iowa will have to be destroyed because of a bird flu outbreak there…

More than 4 million chickens in Iowa will have to be killed after a case of the highly pathogenic bird flu was detected at a large egg farm, the state announced Tuesday.

Crews are in the process of killing 4.2 million chickens after the disease was found at a farm in Sioux County, Iowa, making it the latest in a yearslong outbreak that now is affecting dairy cattle as well. Last week, the virus was confirmed at an egg farm west of Minneapolis, Minnesota, leading to the slaughter of nearly 1.4 million chickens.

Overall, 92.34 million birds have been killed since the outbreak began in 2022, according to the U.S. Department of Agriculture.

Please keep in mind that the figure that the U.S. Department of Agriculture is quoting is just for the United States.

Overall, hundreds of millions of birds have been killed around the globe since the beginning of this pandemic.

Let’s just hope that H5N1 does not mutate into a form that can spread easily from human to human, because if that happens our planet will be paralyzed by fear on a much higher level than we experienced during the last pandemic.

It is also being reported that a hemorrhagic fever that can cause “Ebola-like bleeding” is rapidly spreading among rodents in northern Europe…

A potentially deadly virus that can jump from animals to humans is already sweeping through northern Europe, putting the UK highly at risk.

The horrifying virus can be transmitted from rodents to humans and cause Ebola-like bleeding, according to new research.

Bank voles in Sweden carrying the pathogen have already infected two people, causing them to come down with a Viral Hemorrhagic Fever (VHF) – the same type of illness as Ebola.

I will be closely watching for any human cases of that disease, because any type of hemorrhagic fever that starts spreading widely among humans would cause a tremendous amount of panic.

On top of everything else, I believe that we should brace ourselves for unexpected natural disasters in the months ahead.

For example, our sun has been exceedingly active lately, and we are being warned that more coronal mass ejections may soon be heading our way

Earth could be hit by another powerful solar storm this week that is predicted to trigger radio blackouts and incredible northern light displays.

Earlier this month, the sun unleashed the most powerful streams of plasma, known as coronal mass ejections (CMEs), in 20 years, causing communication disruptions worldwide.

The sunspot that caused the chaos has swung back around and released a powerful flare toward Earth’s region on Monday.

The National Oceanic and Atmospheric Administration (NOAA) a 60 percent chance of radio blackouts on Tuesday and throughout the rest of the week.

Before this current solar cycle is over, I believe that solar activity will make a lot more headlines.

So much is happening right now, but what we have experienced so far is just the tip of the iceberg compared to what is coming.

It won’t be too long before we are being hit by one catastrophic event after another, and that is going to cause tremendous chaos for the global financial system.

So take advantage of this period of relative stability while you still can, because we are moving into a time when everything that can be shaken will be shaken.

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com. He has also written seven other books that are available on Amazon.com including “End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  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, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post The World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down appeared first on The Economic Collapse.

Is The Stage Being Set For The Global Food Crisis Prophecy Of Revelation 6:6?

Will we soon see a major prophecy in the Book of Revelation be fulfilled?  Global food prices have been skyrocketing and hunger has been spreading like wildfire all over the world.  We desperately need 2024 to be a year of good harvests, but unfortunately weather patterns are not cooperating at all and bad news about harvest forecasts just continues to pour in from many of the planet’s most important agricultural regions.  Global food supplies just keep getting tighter and tighter, and the agricultural price spikes that we are witnessing right now are definitely quite ominous.  Could it be possible that the stage is now being set for the global food crisis prophecy of Revelation 6:6?  In that verse, we are warned of a time when food prices will soar to absolutely frightening levels

Then I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not harm the oil and the wine.”

We certainly haven’t reached that point yet.

But are we on the way there?

In this article, I would like to share what has been going on with a number of our most important agricultural commodities recently.

For example, poor harvests in Brazil have caused the price of orange juice to approximately double over the past 12 months

Prices of the breakfast staple have been climbing rapidly in recent years, partly driven by declining output in Florida — the main producer of orange juice in the U.S. — and climate-fueled extreme weather in the main orange producing areas of Brazil.

The South American agricultural powerhouse is the world’s largest producer and exporter of orange juice, which means it plays a hugely influential role in shaping the global industry.

The benchmark frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.77 per pound on Wednesday. That’s nearly double the price registered a year ago.

Prices have gone so “bananas” that some orange juice producers are actually “considering turning to alternative fruits”

Orange juice makers are considering turning to alternative fruits such as mandarins as wholesale prices have “gone bananas” amid fears of poor harvests in Brazil.

Prices of orange juice concentrate reached a new high of $4.95 (£3.88) a lb on futures markets this week after growers in the main orange producing areas of Brazil said they were expecting the harvest to be 24% down on last year at 232m 40.8kg boxes – worse than the 15% fall previously predicted.

The price of coffee is also going haywire.

So if you love coffee, I would stock up now while you still can.

Thanks to extremely dry conditions in Brazil and Vietnam, coffee prices were up “sharply” this week…

Coffee prices Tuesday rallied sharply, with arabica jumping to a 1-month high. Coffee prices soared Tuesday on concern that excessive dryness in Brazil and Vietnam will damage coffee crops and curb global production. Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received 5.3 mm of rain or 69% of the historical average in the past week. Minas Gerais accounts for about 30% of Brazil’s arabica crop.

Last Wednesday, coffee trader Volcafe said Vietnam’s 2024/25 robusta coffee crop may only be 24 million bags, the lowest in 13 years, as poor rainfall in Vietnam has caused “irreversible damage” to coffee blossoms. Volcafe also projects a global robusta deficit of 4.6 million bags in 2024/25, a smaller deficit than the 9-million-bag deficit seen in 2023/24 but the fourth consecutive year of robusta bean deficits.

Wheat is specifically mentioned in Revelation 6:6, and Bloomberg is reporting that a confluence of factors has pushed the price of wheat to the highest level in 10 months…

Wheat briefly touched the highest in 10 months, as cold and dry weather in major producers and the ongoing war in Ukraine deepen supply concerns.

Futures climbed as much as 3.3% in Chicago, before paring some of the gain. Analysts have been cutting production estimates for top exporter Russia in recent weeks, while Ukraine is headed for its driest May on record. Historically low rainfall in Western Australia is also adding to nervousness.

Unfortunately, this is just the beginning.

I am entirely convinced that the price of wheat will soon go far higher than it is right now.

So if you think that the price of bread is high now, just wait until you see what is coming next.

Meanwhile, the price of beef just surged to another brand new all-time record high

Beef prices skyrocketed to a new record high this Memorial Day weekend as industry experts warn costs could continue to rise even higher if current regulatory and economic conditions remain unchanged.

Recently released data shows that “all fresh beef retail value,” a composite value based on choice beef, other beef, and hamburger retail prices, shot up to $794.90 in April, according to the Economic Research Council, the highest price on record.

The size of the U.S. cattle herd is the smallest that it has been in decades, and one rancher named Shad Sullivan recently warned that beef will soon be a luxury that only the wealthy will be able to afford on a regular basis…

We are seeing prices at an all-time high, and it is getting close to that point when the consumer is going to say, I can’t do this anymore; it’s just too costly,” said Mr. Sullivan.

“They (officials and regulators) are trying to push these high prices as a new norm where meat is only a treat for the wealthy. That is where they are pushing us, and that is where we are going.”

You may be thinking that if beef gets too expensive you will just eat more chicken and turkey.

Sadly, chicken and turkey prices are poised to go a lot higher thanks to H5N1.

A fresh wave of the bird flu is sweeping across the nation, and Iowa Republican Governor Kim Reynolds just declared a state of emergency in one county in her state due to an outbreak there

Iowa Republican Governor Kim Reynolds signed a disaster proclamation on Tuesday for one of her state’s counties as public health officials prepare to euthanize more than 4 million chickens exposed to a highly contagious bird flu.

The order comes after a case of avian influenza was confirmed among a large flock of egg-laying chickens in Sioux County on Tuesday by state and local agriculture officials, according to a report from CBS News.

As a result, the animals will be destroyed and their remains will be isolated in an attempt to prevent the further spread of the contagion.

In total, some 4.2 million chickens will be put down.

Just think about that last sentence for a moment.

What do you think that losing 4.2 million chickens will do to egg prices?

Everywhere you look, there are signs of trouble.  Unfortunately, this is all happening at a time when foreigners have more control over our food supply than ever before.

Foreigners now control more than 43 million acres of U.S. farmland, and this should deeply alarm all of us…

A recent map has revealed the alarming trend of the Chinese Communist Party (CCP) acquiring vast swaths of American farmland, raising serious national security concerns.

Foreign ownership of U.S. agricultural land expanded to approximately 43.4 million acres in 2022, according to data from the U.S. Department of Agriculture (USDA).

According to the USDA, Chinese investors’ ownership of U.S. agricultural land has skyrocketed from merely 13,720 acres in 2010 to an astounding 346,915 acres by 2022 out of the 43 million acres.

Chinese entities hold ownership of farmland across 29 of the 50 U.S. states.

I have been warning for many years that global food supplies would get tighter and tighter.

Now it is happening right in front of our eyes, and hundreds of millions of people are going to bed hungry every single night.

I wish that I could tell you that things will soon get better, but I can’t.

We really are living in the end times, and the things that are written in the Book of Revelation really will take place.

Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s extremely controversial new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com. He has also written seven other books that are available on Amazon.com including “End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  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, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

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