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The Government Is Going To Start Treating Domestic “Extremists” The Same As ISIS Or Al-Qaeda Terrorists?

Many Americans were perfectly fine with Islamic terrorists being shipped off to Guantanamo Bay where they would be endlessly waterboarded and tortured in countless other ways.  But now members of Congress are talking about “applying the same penalties” to domestic “extremists” here in the United States.  Does that mean that American citizens will soon be grabbed off the streets and sent to prison camps indefinitely without a trial?  Personally, I am very much against terrorism wherever it is found all over the globe, but what some of our politicians are proposing to do to fight “domestic extremism” goes way over the line.  Once you are done reading this article, I believe that you will share my concerns.

Even before the last election, the Department of Homeland Security was putting out some very alarming statements.  For example, last October DHS officials came to the conclusion that U.S.-based extremists are now “the primary terrorist threat inside the United States”

The primary terrorist threat inside the United States will stem from lone offenders and small cells of individuals,” said the department’s first Homeland Threat Assessment. “Some U.S.-based violent extremists have capitalized on increased social and political tensions in 2020, which will drive an elevated threat environment at least through early 2021.”

If DHS officials had been referring to the groups that have been rioting, looting and burning our cities for the past 12 months, that assessment would make a lot of sense.

But of course that was not who they were talking about.

Following the election, we witnessed the horrific attack on the U.S. Capitol on January 6th.  In the aftermath of that attack, Democrats in Congress have been “insisting that domestic terrorism has eclipsed the threat from foreign actors such as the Islamic State and al-Qaeda”

The attack has left many lawmakers, and especially Democrats, insisting that domestic terrorism has eclipsed the threat from foreign actors such as the Islamic State and al-Qaeda. DHS and its agencies are responsible for securing the country’s borders, ports, transportation and cyber systems, generally leaving the monitoring of extremist groups and terrorism investigations to the FBI. But DHS and its agencies have nearly eight times as many employees as the FBI, and calls for the department to play a more muscular role in combating domestic extremism have policymakers looking at new ways to enlist its resources.

Once again, these Democrats are not talking about the groups that attack police stations, courthouses and federal buildings on an almost nightly basis.

Instead, their focus is almost exclusively on those that have “far right” political views.

Democrat Tulsi Gabbard is warning that her colleagues in Congress intend to define “extremist” so broadly that it could apply to nearly half the country

“What characteristics are we looking for as we are building this profile of a potential extremist, what are we talking about? Religious extremists, are we talking about Christiansevangelical Christians, what is a religious extremist? Is it somebody who is pro-life? Where do you take this?” Gabbard said.

She said the proposed legislation could create “a very dangerous undermining of our civil liberties, our freedoms in our Constitution, and a targeting of almost half of the country.”

Last month, I wrote an article about the new bill that she was talking about.  It is called the Domestic Terrorism Prevention Act of 2021, and it is basically the Patriot Act on steroids.

Of course it won’t be used against terrorists on the left.  During a recent discussion about domestic extremism, Democrat Bennie Thompson (who is the chairman of the House Homeland Security Committee) specifically used the word “patriots” to describe the sort of person that he intends to target…

“A lot of them mask themselves under some guise of being patriots or some form of citizen, but the question is, what do they advocate?”

That statement should chill you to the core.

“Republican” Michael McCaul, who is also on the House Homeland Security Committee, has gone even farther.

If you can believe it, he is actually suggesting that domestic extremists should face “the same penalties as those that exist for terrorism that originates overseas”

Rep. Michael McCaul (R-Tex.), the committee’s former chairman, joined lawmakers calling for specific federal sanctions for domestic terrorism, potentially applying the same penalties as those that exist for terrorism that originates overseas. Such legislation could include penalties for providing material support to domestic groups and laws holding technology companies responsible for violent and extremist content on their platforms.

“I think it sends a strong message about where Congress is that we’re going to treat domestic terrorism on an equal plane as international terrorism,” McCaul said.

So what happens to terrorists overseas?

They are ruthlessly gunned down, their homes are hit by unexpected drone strikes, or if they are really lucky they get hauled off to Guantanamo Bay.

Without a doubt, terrorism has no place in our society.

And if authorities really wanted to do something about it, they should arrest the terrorists that are endlessly committing violence in Seattle, Portland and other major cities.

But whenever an American citizen is arrested, it is imperative that every constitutional right is respected and that citizen is given a fair trial.

Sadly, the measures that some members of Congress are now proposing cross quite a few lines that should never, ever be crossed.

Detaining U.S. citizens indefinitely without a trial is something that should never, ever be done.

Sending drones to “take out” U.S. citizens simply because of what they believe is something that should never, ever be done.

And torturing U.S. citizens in the name of “fighting extremism” is something that should never, ever be done.

All of these things have been done to ISIS and Al-Qaeda terrorists, and now members of Congress want “domestic extremists” to be treated the same way.

Since the definition of a “domestic extremist” now covers close to half the country, there is a very good chance that you could potentially be considered a “domestic extremist” too.

We have reached such a critical turning point in our history, and we really are on the verge of losing all of our precious constitutional rights.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd 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 FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Government Is Going To Start Treating Domestic “Extremists” The Same As ISIS Or Al-Qaeda Terrorists? first appeared on End Of The American Dream.

20 Absolutely Horrible Things That The Left Said About Rush Limbaugh Right After He Died

I know that most Americans don’t understand much about etiquette these days, but I still expected better than this.  When someone passes away, it is customary to say positive things about the deceased.  If you can’t find anything positive to say, then you should say nothing at all.  At one time, it would have been considered to be extremely rude to make bitter and nasty comments about someone that has just died, but in America today people just do whatever they feel like doing.  Proper etiquette is a thing of the past, and at this point we have essentially become a nation of degenerate “pig people” that have no respect for anyone or anything.

The first time I ever encountered Rush Limbaugh was when my father started listening to him all the way back in the 1980s.  Rush was a lot more brash and cocky back then, but the one constant throughout the years was his deep, abiding love for America.  He truly loved the United States, our founders, our Constitution and everything that this country was supposed to represent.  He was constantly pushing us to live up to our ideals, and he was not afraid to call out politicians in both parties that he felt were betraying our values.

Over the years he got older, but he also got wiser.  Every time I listened to him I came away with something that would stick with me, and I am very thankful for that.

He was truly great at what he did, and his work has had an impact on hundreds of millions of people.

How many of us will be able to say the same thing when our lives on this planet are through?

Of course many on the left deeply hated Rush Limbaugh and everything that he stood for, and we all understand that.

But couldn’t they have waited at least a few days before viciously trashing his life and his legacy?

The following are 20 absolutely horrible things that the left said about Rush Limbaugh right after he died…

Christopher Mathias of the Huffington Post: “Rush Limbaugh was a bigot and a misogynist who saturated America’s airwaves with cruel lies and conspiracy theories for decades, transforming the GOP in the process.”

Steve Hofstetter: “‘Rest in Piss’ is trending because Rush Limbaugh died. I don’t know who the first person to write this was, but how dare you. How dare you come up with the perfect joke before the rest of us could.”

David Cross: “Cancer killed the cancer”

George Takei: “I guess I’m grateful that he lived long enough to see Trump defeated by Biden.”

Nathan Bernard: “goodbye Rush Limbaugh, may you rot in hell with your ******* ugly ties”

New York Times podcast host Jane Coaston: “Rush Limbaugh was the first person I ever recognized existed largely as a Rorschach test.”

Palmer Report: “Rush Limbaugh spent decades advancing his career by opportunistically spreading vicious lies that got a lot of bad people elected, whose corrupt policies in turn got a lot of Americans killed.”

Cameron Kasky: “Rush Limbaugh has passed on, but worry not- his memory lives on through bigots everywhere”

Bishop Talbert Swan: “Bidding him good riddance or wishing him to rot in hell is being kind.”

Chris Cillizza of CNN: “Trump was Limbaugh’s Frankenstein monster. And he proudly stood by him until the very end.”

Anthony Rapp: “A person who consistently and continually did a tremendous amount of damage to the world, #RushLimbaugh, lived twice as long as my friend Jonathan Larson, whose work and legacy have only changed the world for the better. It’s difficult to reconcile the unfairness of that fact.”

Charlotte Clymer: “Rush Limbaugh was a coward and white supremacist. He aggressively and cynically exploited divisions in our country by weaponizing hatred and bigotry for his own personal gain. He was in service to his own greed, prejudice, and hypocrisy, and that is how history will remember him.”

Danielle Campoamor: “Because the only way to truly pay our respects to the radio host, who reached more than 15 million listeners during his 30-year talk radio career, is to remember exactly who he was and the legacy he left behind— one of divisiveness, cruelty, racism, homophobia, bigotry, and sexism.”

Kirk Acevedo: “One bigot dead. Waiting for the rest to join him.”

David Klion: “Today is a sad day, as the excruciating physical and spiritual agony Rush Limbaugh experienced at all times has finally ended.”

Bette Midler: “#RushLimbaugh has gone to his reward. Bet it’s hot.”

Billy Baldwin: “Enjoy hell.”

Luke Null: “Rush Limbaugh already started a radio show in Hell and is ranting about how the devil should shut the fiery gates because all these OUTSIDERS are ruining everything!”

Finneas: “Feeling very sorry for the people of Hell who now have to deal with Rush Limbaugh for the rest of eternity”

Ron Perlman: “I would like to extend my deepest sympathies to the poor devil who will no doubt have to spend the rest of eternity with Rush Limbaugh.”

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd 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 FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post 20 Absolutely Horrible Things That The Left Said About Rush Limbaugh Right After He Died first appeared on End Of The American Dream.

Biden Shamelessly Exploits Parkland Shooting to Push Draconian Gun Ban

This article was originally published by Matt Agorist at The Free Thought Project. 

Pulling on the heartstrings of Americans on Valentine’s Day, President Joe Biden urged Congress to implement unprecedented gun bans, magazine bans, ammo bans, and going after gun manufacturers. He pushed for these draconian measures by evoking an emotional reaction, through the exploitation of the Parkland shooting.

“The Parkland students and so many other young people across the country who have experienced gun violence are carrying forward the history of the American journey. It is a history written by young people in each generation who challenged prevailing dogma to demand a simple truth: we can do better. And we will,” Biden said in a statement.

This Administration will not wait for the next mass shooting to heed that call. We will take action to end our epidemic of gun violence and make our schools and communities safer. Today, I am calling on Congress to enact commonsense gun law reforms, including requiring background checks on all gun sales, banning assault weapons and high-capacity magazines, and eliminating immunity for gun manufacturers who knowingly put weapons of war on our streets.”

For those who remember, this was a tactic employed by Donald Trump as well, who took to his pulpit after Parkland to call for removing due process.

“I like taking the guns early like in this crazy man’s case that just took place in Florida … to go to court would have taken a long time,” Trump said at a meeting with lawmakers after the shooting.

“Take the guns first, go through due process second,” Trump said.

In the afternoon on Feb. 14, 2018, a man identified by authorities as Nikolas Cruz, now 22, walked into Marjory Stoneman Douglas High School and opened fire with an AR-15 rifle. The shooting left 17 dead, including 14 students. Since then, this tragedy has been exploited by the anti-gun crowd as a means of removing guns from the hands of law-abiding citizens. Dozens upon dozens of “red flag” gun laws and other such bills have been passed and are being used across the country.

Although the ostensible intention of these laws is to stop a future tragedy, it is important to point out that there were already laws on the books that should’ve stopped Nikolas Cruz from ever getting a gun. This is a fact that is ignored by Biden and the rest of the anti-second amendment ilk.

Citing Cruz as the reason for advocating the erosion of the 2nd Amendment, the anti-gun activists are claiming he should’ve had his guns taken which would have prevented the tragedy. Sadly, however, they are ignoring the fact that he was accused of multiple feloniesand should’ve never been able to purchase a gun in the first place—but law enforcement failed to act on any of it.

According to a report by CNN, records obtained from the sheriff’s office by CNN show the law enforcement agency received at least 45 calls for service relating to Cruz or his brother from 2008 to 2017.

As TFTP previously reported, Cruz warned that he was going to shoot up a school and kill people and the FBI did nothing. “I’m going to be a professional school shooter,” A YouTube user named Nikolas Cruz commented on a video on Sept. 24, 2017. The video was posted on the channel “Ben The Bondsman,” and the owner, Ben Bennight, immediately took a screenshot and submitted it to the FBI. Nothing happened.

While this is bad enough, the Sheriff’s department records show that police were given this exact same warning—a year before—because Cruz had been declaring his wishes to shoot up the school publicly.

According to the records, in 2016, a neighbor warned police that Cruz posted on Instagram that he said he “planned to shoot up the school.” The person who made that call came forward in March and said that she begged the sheriff’s office to intervene. Instead of intervening though, police told her that they couldn’t act until Cruz actually did something.

The incompetence is staggering, especially given the fact that making a direct threat of violence is illegal.

A few months after he said he wanted to shoot up the school on Instagram—because the police failed to heed this warning and the dozens of other ones—Cruz bought the rifle he would use in the shooting—none of the gun control laws or the actual laws on the books designed to stop him from getting a gun worked.

In Florida, if a person making death threats intends for the victim to fear for his or her safety, specifically fearful of death or bodily harm, it is considered a credible threat under the law, which changes the crime from stalking, a first-degree misdemeanor, to aggravated stalking, a felony of the third degree. Cruz was reported at least 4 times for this very crime before he bought his AR-15 — and police did nothing.

The reactionary nature of disarming Americans because deranged psychopaths kill people is dangerous and only serves to keep the guns out of the hands of law-abiding citizens. Moreover, deranged psychopaths don’t even need guns to cause mass death.

Biden has been outspoken about his desires to disarm Americans and gun-control advocacy groups are pushing both executive orders and legislative packages to make sure this happens. As Democrats control both chambers of Congress and the White House, these actions have an even better chance of getting rammed through.

The post Biden Shamelessly Exploits Parkland Shooting to Push Draconian Gun Ban first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

The Fallacy of the Sensible Prepper Mindset 

From the fanatical doomsday prepper to people who are just trying to be more self-sufficient and everyone in between, each type of prepper has its strengths and weaknesses. Increasingly often though I keep hearing from self-described “Sensible preppers.” On the surface, the phrase is understandable, but I am starting to think that those who describe themselves as a sensible prepper could be leaving themselves open to problems at […]

America’s Out Of Control Teens Are On A Historic Crime Spree

Young people are running wild all over the country, and nobody seems to be able to come up with a solution to slow down the violence.  Following the tragic death of George Floyd, teens were disproportionally involved in the rioting, looting and arson that erupted in major cities throughout the nation for the remainder of 2020.  And sometimes they would just take out their frustrations on random people on the street.  But in addition to violence that was spurred by social movements, most of our urban areas also experienced dramatic spikes in their murder rates.  In fact, one recently released report found that murder rates rose by an average of 30 percent in 34 of our largest cities…

THE HOMICIDE RATE across 34 American cities increased by 30% on average during 2020, according to experts, as the U.S. reeled from the coronavirus pandemic and widespread protests against police brutality.

The newly released report from the National Commission on COVID-19 and Criminal Justice found that homicides rose in 29 of the 34 cities studied and that the three largest cities in the sample – New York, Los Angeles and Chicago – accounted for 40% of the additional homicide victims in 2020.

That 30 percent average increase was the biggest one year spike ever recorded, and way too much of the time these murders are being committed by Americans under the age of 20.

For example, two Milwaukee teens were just charged with the rape and murder of a young woman named Ee Lee…

Kamare Lewis, 17, and Kevin Spencer, 15 each face one count of first-degree intentional homicide, as party to a crime and one count of first-degree sexual assault (great bodily harm), as party to a crime.

Lee was found Sept. 16, 2020 in Washington Park by “bystanders,” still breathing but unconscious, severely beaten and left for dead. She was undressed below the waist, indicating sexual assault. She suffered severe contusions to the face/head. A hospital examination confirmed the sex assault.

Lee later died from her injuries on September 19th.

But it wasn’t just Lewis and Spencer that were involved in this brutal attack.  In fact, we are being told that a total of 11 youths were seen leaving the area

Video from the Washington Park Library showed 11 people leaving the park — six in a group on bicycles; five in a separate group, some on bikes and others on foot.

Sadly, young girls are also murdering one another.

Here is an example of one young girl stabbing another young girl to death

Lyric D. Stewart, 14, of Rock Island, was stabbed to death Dec. 30 during a fight in the 1200 block of 11th Street.

Jimena Jinez, 18, also of Rock Island, was arrested in the early morning of Dec. 31, 2020, and charged with first-degree murder in the stabbing death. She has been in custody in Rock Island County Jail since then, and is being held on $1.5 million bond.

Our nation is degenerating right in front of our eyes, and it is only going to get worse.

In Jacksonville, Florida a group of teens recently ganged up to kill three people, including a very young mother

In the first time since a Washington Heights triple-murder, the family of one of the victims, Sara Urriola, is speaking out. The Jacksonville mother was murdered by four suspected teens at the Calloway Cove apartments.

“We have lost a loving, caring, wife, mother, daughter, niece, cousin, sister, aunt, best-friend and friend today. Sara loved her friends and family very much and the friends that knew her know she was all about the well-being of her family. She loved to dance, dress up, and enjoyed all family events,” the family said in a statement to Action News Jax.

How twisted do you have to be in order to do something like that?

Horrific murders like this happen day after day, but they barely make a blip on the news anymore because they have become so common.

Meanwhile, carjackings are on the rise all over the nation as well.

According to NPR, the number of carjackings in Minneapolis more than tripled last year…

In Minneapolis, for example, there were 405 carjackings last year — more than triple the number in 2019. The suspects arrested were often juveniles between the ages of 11 and 17.

Other cities saw huge increases too, including New Orleans; Kansas City, Mo.; Louisville, Ky.; and Washington, D.C. Last year in Chicago, there were 1,400 carjackings.

Speaking of Chicago, there are certain parts of the city that now resemble a war zone.  If you are in the wrong place at the wrong time, there is a good chance that a kid could stick a gun in your face and demand the keys to your vehicle.

What would you do if this happened to you?

On a sunny January afternoon, Amy Blumenthal drove to her Chicago home after picking up groceries. She turned off a street and into an alley, backed her car into her garage and started unloading the bags.

“All of a sudden, I heard something and looked up and there was a boy with a COVID mask on holding a gun just inches from my face,” Blumenthal says. He demanded she hand over her keys. Another young male, also wearing a mask, told her to hurry up.

Amy Blumenthal was not prepared to face this sort of a scenario.

She eventually pulled herself together enough to give her two attackers the car keys, and she was later totally shocked to find out that they were both under 16 years of age

In shock, she fumbled as she complied — they let her keep her house keys. Then they jumped in the car and sped off. Chicago police officers noticed their erratic driving, gave chase and the two were quickly arrested after crashing the vehicle into a building.

The robbery had left her shaken, but learning more about who they were left her stunned: They were just 15 and 13 years old.

Thanks to decades of running in the wrong direction, this is what our country has become.

We have become a completely and utterly lawless nation from the very top to the very bottom, and yet we continue to refuse to see the error of our ways.

So the fabric of our society will continue to unravel, and the thin veneer of civilization that we all take for granted on a daily basis will continue to disappear.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd 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 FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post America’s Out Of Control Teens Are On A Historic Crime Spree first appeared on The Economic Collapse.

Experts Are Warning That A U.S. Stock Market Crash Is Very Likely In The Months Ahead

Stock prices are not going to stay this high.  Everyone can see that we are in a stock market bubble that does not have any parallel in all of U.S. history, and everyone can see that the end of that bubble is approaching.  The only debate is about how fast and how far the eventual fall will be.  For the first time ever, the ratio of U.S. stock prices to U.S. GDP has reached 200 percent.  In other words, the total value of U.S. stocks is now twice as high as the value of all U.S. economic output for an entire year.  To get an idea of how crazy this is, just check out this chart.  Historically, the ratio of U.S. stock prices to U.S. GDP is normally under 100 percent, and so if all stock prices were cut in half U.S. stocks would still be overvalued.  That is how extreme this bubble has become.

Other key valuation measures also indicate that stock prices have gotten wildly out of balance.  The following example comes from a Motley Fool article entitled “Here’s Why You Should Expect a 20% Stock Market Crash in 2021”

Looking back 150 years, the S&P 500 has averaged a Shiller P/E of 16.78. Admittedly, the Shiller P/E ratio has been a lot higher over the past 25 years. The advent of the internet has broken down information barriers for retail investors, and historically low lending rates for more than a decade have fueled borrowing and lit a fire under growth stocks.

But as of Feb. 3, the Shiller P/E for the S&P 500 was knocking on the door of 35 — more than double the long-term average. To put this figure into some context, there have only been five periods in history where the Shiller P/E ratio topped 30 and stayed there during a bull market run. Two of these events — the Great Depression and dot-com bubble — led to some of the biggest pullbacks ever witnessed in equities. Two other events (not counting the current move) occurred within the past three years, delivering declines of 20% and 34%, respectively, in the S&P 500.

Basically what this is saying is that if stock prices fell by half, the Shiller P/E for the S&P 500 would still be above the long-term average.

So if the market only falls by 20 percent this year as that Motley Fool article is suggesting, we should consider ourselves to be extremely fortunate.

We have never seen anything like this before.  The bubble that we are in now absolutely dwarfs the epic stock market bubbles of 1929 and 2000.  Stock market mania has gripped the entire nation, and all sorts of people have been getting rich, at least on paper.

But many Wall Street veterans that have been watching all of this transpire have become extremely concerned.  The following comes from a Forbes article entitled “Is The Stock Market About To Crash?”

‘Very, very concerning’ echoes of the 90s dot-com bubble are being heard loud and clear by nervous market experts. A 12-year-old bull market; SPAC mania; IPOs that more than double on the first trading day; an army of amateur traders and GameStop mania. It certainly feels like irrational exuberance–and it triggers alarms for those who remember the dot-com bubble of the late 1990s. “The parallels we have today are historically very, very concerning,” notes Jim Stack, president of Whitefish, Montana’s InvesTech Research and Stack Financial Management. “The current froth is the icing on the cake, and when you look through it, you see a lot of other underlying issues.”

In this sort of environment, videos by kids on YouTube showing people how to make a million dollars by day trading stocks get hundreds of thousands of views.

If you have been able to make a lot of money by playing the stock market, good for you.

Just make sure that you get out in time.

Every other stock market bubble in U.S. history has ended badly, and as John Hussman recently noted, this is our generation’s moment of peak financial insanity…

Nothing so animates a speculative herd as a parabolic price advance in an asset detached from any standard of value. I am convinced that future generations will use the present moment to define the concept of a reckless speculative extreme, in the same way our generation uses “1929” and “2000.”

So just how far does Hussman think the market could ultimately fall?

Well, he believes that stock prices would have to drop 65 to 70 percent just to get back to historical norms…

Understand how extreme current valuations have become. In order to simply touch run-of-the-mill historical valuation norms, the S&P 500 would have to lose somewhere in the range of 65-70% over the completion of this cycle.

Stock prices always, always, always get back to their historical averages eventually.

It is just a matter of time.

However, we should hope that a stock market crash can be put off for as long as possible, because a truly catastrophic stock market crash would cause far more economic pain than we have experienced so far.

Our system simply would not be able to handle a decline of 50 percent or more in stock prices.  It would essentially mean the end of our financial system as we know it today, and that is something that nobody should want.

The good news is that I do not expect a stock market crash within the next 30 days unless some sort of major “trigger event” comes along.

Stocks may go down, but for the moment I expect at least a short-term period of relative stability.

But that short-term period of relative stability will not last very long at all, and I fully expect 2021 as a whole to be a very, very painful year.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd 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 FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Experts Are Warning That A U.S. Stock Market Crash Is Very Likely In The Months Ahead first appeared on The Economic Collapse.