Excerpts taken from Money Morning

After 9/11, the CIA launched “Project Prophecy” to detect threats to the US from terrorists and weaknesses and threats to the economy.

On August 7, 2006, the Prophecy system uncovered warning signs of an impending terrorist attack in London. A plot to blow up passenger jets in London was thwarted shortly thereafter and 24 Pakistanis were arrested.

In 2007, “Prophecy” spotted a fast-approaching crash of the mortgage ind...

BEIJING and SEOUL AGREE TO DIRECT TRADE - DO YOU KNOW WHAT IS HAPPENING?

In 2010, Russia and China announced they would stop using the US dollar to trade and use rubles or yuan instead.

On July 4, 2014 (no less), Beijing, China announced they will receive direct yuan transactions from South Korea.

The US is now over $17 trillion in debt, most of which has been racked up by Obama, and we are living on a debt-based economy. The FRB is printing money around the clock to “keep the Band...

TRAIL OF DEAD BANKERS – A SIGN OF ECONOMIC COLLAPSE

Excerpts taken from The Economic Collapse by Michael Snyder

Bankers are showing up dead, under very suspicious circumstances I might add, over about the last month.

Most of the bankers are high profile people connected with foreign exchange and derivative investments. They were in the prime of their lives, making good money, yet some of the deaths have been ruled “suicides.” Something very...

On November 7, 2013, The New York Times ran a story about food stamp cuts. They reported that Congress cut monthly food stamp benefits, so families will have to make hard choices at the grocery store. To add insult to injury, food stamps will continue to be cut throughout the next ten years!

During the first week of November, one South Carolina resident said he had $5 left in food stamps for the rest of the month. Another New Yorker reported that she purchases things her little girl li...

On Friday, September 27, 2013, the National Bank of Panama announced it was suspending services as of 12:00 pm that very day through Tuesday, October 1, 2013.

Can you imagine on 12:00 pm payday, the banks announce they will be closed for 5 days from that very day!

The bank did not warn the public in advance before shutting down Panama banks. Suddenly and without prior warning, the people of Panama did not have b...

Unemployment 

Late last year, RT News published a scathing report on the unemployment rate in America. Whereas the US Labor Department reported 7.8 percent of adult Americans were unemployed, which figures are inflated because of the insufficient manner in which the data is collected (on purpose), the actual rate of unemployment published by RT News in October 2012 was a whopping 41 percent! It is, in fact, ludicrous to derive unemployment percentages from only the adults who apply for employ...

The City of Detroit, MI, declared bankruptcy on Thursday, with $18.5 billion in debt, and other US cities don't seem far off in this economy, regardless of how the Obama administration attempts to minimize the effects of massive spending, decreased capital and high unemployment.

In recent months, the city has relied on state-backed bond money to meet payroll for its 10,000 employees, reported FoxNews.com.

There is a big problem for Detroit, however, besides the bankruptcy filing. Circuit ...

DailyCaller.com:  Under President Obama the number of U.S. citizens living in deep poverty has exploded. Forty-seven million Americans now live below the poverty line, the highest recorded number in more than 50 years. Tent cities, springing up in parts of Michigan and Florida, are bringing the statistics to life in a new way.

The BBC found entire families living in tents, either unemployed or earning too little to afford re...

The Black Horse of Apocalypse - Jesus said, "Nation will rise against nation, kingdom against kingdom, and there will be famines, pestilences and earthquakes in various places" Matthew 24:7.

Public employees, from firefighters to the mayor, as well as members of City Council, received wage cuts to minimum wage last Friday, as the City of Scranton, Pennsylvania attempts to balance their budget.  You read that correctly – minimum wage!

About 390 public employees received the dras...