Well, Folks! It had to happen. They want Dr. "B" to stay for one more week! And, if not that, their bosses want him to take them to Africa to the Great Desert!

What! They Are Suspicious of Americans ... & You Especially!

    "And...Just Why Do They Want YOU To Cross The Great Saharan Desert? Something's up men. Don't be suckered! Everything is breaking apart now. Request Denied!"

    The Ole' Fox read into their bosses' request wisely. And, after explaining it to the group, they too saw the wisdom of the reply.

Kong Sez:

     It looks as if 2015 has crept in with a whimper of sorts. Other than the big stampede in China that killed 36 people and injured dozens of others, it seems that not much is going on around the U.S. and the world.

    Or is it?

    According to what we have been reading these past few weeks, there are a lot of potential pitfalls looming through the murky pink mist put out by the mainstream news media, and we have absolutely no doubt they don't want us thinking too much about them. Here are just a few of the things we are not supposed to think about.

    1. Russia is in dire financial shape, thanks to the drastic fall of oil prices. Russia's entire economy was predicated on oil at a certain high price, and when it fell, that plus the "sanctions" placed on the country by the U.S. and Western Europe caused the ruble to collapse and the Russian economy to crater. However, the Russians are not like Americans; they are used to economic hardship and are rushing to get themselves prepared.

Question:

What's the best reason to have a good war?

Answer:

To hide a bad economy and stop civil unrest before it starts.

     2. The big banks learned nothing from all the previous troubles with derivatives, including the huge collapse and bailout in 2008, and they've loaded up on even more derivatives. Derivatives are financial instruments understood by no one and amount to bets on bets. They are supposed to "spread out risk" so that nobody has too much risk if something bad should happen with an investment. The only problem is that there is now more risk than ever spread out even further, such that if something major happens, like Russia goes bankrupt or oil prices keep going down or stay down, the whole thing implodes and all that risk buries everybody.

     3. China's economy is slowing in spite of everything their government can do to goose it and present an illusion of prosperity. We were shocked to learn that in addition to empty cities and empty buildings all over the place, China is also home to lots of empty factories. All these empty buildings were built to:

• Keep the people working, and . . .

• To make it look as if the economy was booming.
  However, there comes a time when this no longer works, and that time may have arrived.

     4. Europe's big banks are zombies. The European Union was supposed to promote prosperity for all. Instead, the hard-working more prosperous nations learned that what it really did was promote a phony prosperity for the poorer nations, particularly "Club Med," the sunny, easy-going nations around the Mediterranean Sea. Now a recession has hit and Germany is tired of being expected to bail out all the losers, including Greece, which is up for a big bailout again. Many expect the European Union to end this year, as the European banks have pretty much emptied their coffers trying to keep things plumped up in Euro-land.

    5. Obamacare ought to be seen for what it really is in 2015 -- a monstrosity that will bankrupt the middle class, cause tremendous hardship for everybody, and result in lousier medical care, fewer doctors, longer waits, and hugely higher prices for anybody who happens to have any money.

    6. Nobody in America will notice any of the above right away, even if they all happen. They are too busy being entertained and pretending all is well, until the IRS knocks on their door and says, "You owe $$$ because you didn't buy your Obamacare last year, and you now owe $$$$$$ in penalties. Fork it over or go directly to jail." Does this spell C-I-V-I-L U-N-R-E-S-T? Or just plain Civil Disobedience? From what we hear, there are still gazillions of uninsured Americans running around out there who somehow think this Obamacare law doesn't apply to them. The sand will hit the fan when the IRS demands payment. People are so hostile now, we look for shootings and stabbings of IRS collections agents when this happens, swiftly followed by (we hope!) a repeal of most provisions of the law.

     Well, we started out on a low note, with all the bad things that can happen, and we ended up on a high note, with a repeal of the Obamacare law. That tells us one thing: 2015 is going to be one heck of a year!

And now . . . What To Be Apprised of For 2015 And What May Happen!

 

---

The American People Are Utterly Clueless
About What Is Going To Happen As We Enter 2015 

---

By Michael Snyder, on December 29th, 2014 

The American people are feeling really good right about now. For example, Gallup’s economic confidence index has hit the highest level that we have seen since the last recession. In addition, nearly half of all Americans believe that 2015 will be a better year than 2014 was, and only about 10 percent believe that it will be a worse year. And a lot of people are generally feeling quite good about the people that have been leading our nation.

According to Gallup, once again this year Hillary Clinton is the most admired woman in America and Barack Obama is the most admired man in America. I don’t know what that says about our nation, but it can’t be good. Unfortunately, when things seem to be going well common sense tends to go out the window. A couple days ago, the Guardian ran an article entitled “Goodbye to one of the best years in history“, and a whole lot of people out there are feeling really optimistic these days. But should they be?

Sadly, what we are experiencing right now is so similar to what we witnessed in 2007 and early 2008. The stock market had been on a great run, people were flipping houses like crazy and most people were convinced that the party would never end.

But then it did end – very painfully.

The signs of trouble were there, but most people chose to ignore them.

Sadly, the exact same thing is happening again.

On Monday, the price of oil hit a brand new five year low. As I write this, U.S. oil is sitting at a price of $53.76 a barrel, which is nearly a 50 percent decline from the peak earlier this year.

There is only one other time in history when the price of oil has declined by more than 50 dollars a barrel in such a short time frame. That was back in the middle of 2008, shortly before the worst stock market crash since the Great Depression.

Unless the price of oil starts really bouncing back, the U.S. economy is going to be hit really hard.

Since 2009, oil industry employment has risen by 50 percent. And jobs in the oil industry pay quite well. One figure that I saw put the average weekly wage at about 1700 dollars.

But now we aren’t going to be gaining those types of jobs. Instead, we are going to rapidly start losing them.

Already, the oil rig count has dropped for three weeks in a row and is now at an 8 month low. And as the oil industry suffers, all of the industries that it supports are also going to start feeling the pain. In fact, Business Insider is reporting that Texas business executives are “freaked out” about what is happening…

Business executives in Texas are worried about the drop in oil prices.

On Monday, the Dallas Fed’s latest manufacturing survey showed that activity in Texas was slowing down.

The latest composite index came in at 4.1, widely missing expectations and down big from November’s reading. Expectations were for the index to come in at 9, down from 10.5 last month.

So while most Americans are feeling really good about the coming year, many of those with an inside view are becoming quite alarmed. One Texas business executive went so far as to say that the stunning decline in oil prices was “going to make things ugly … quickly.“

Meanwhile, the 9 trillion dollar U.S. dollar carry trade is starting to unwind.

The following is an excerpt from a recent Zero Hedge article…

Oil’s collapse is predicated by one major event: the explosion of the US Dollar carry trade. Worldwide, there is over $9 TRILLION in borrowed US Dollars that has been ploughed into risk assets.

Energy projects, particularly Oil Shale in the US, are one of the prime spots for this. But it is not the only one. Economies that are closely aligned with commodities (all of which are priced in US Dollars) are getting demolished too.

Just about everything will be hit as well. Most of the “recovery” of the last five years has been fueled by cheap borrowed Dollars. Now that the US Dollar has broken out of a multi-year range, you’re going to see more and more “risk assets” (read: projects or investments fueled by borrowed Dollars) blow up. Oil is just the beginning, not a standalone story.

If things really pick up steam, there’s over $9 TRILLION worth of potential explosions waiting in the wings. Imagine if the entire economies of both Germany and Japan exploded and you’ve got a decent idea of the size of the potential impact on the financial system.

And that’s assuming NO increased leverage from derivative usage.

Ouch.

And yes, as that last excerpt mentioned, derivatives could soon become a massive problem. The big banks are holding trillions in commodity derivatives that could blow up if the price of oil does not rebound. Overall, there are five U.S. banks that each have more than 40 trillion dollars of exposure to derivatives of all types, and the total global derivatives bubble is at least 700 trillion dollars at this point.

At the same time, many are becoming concerned that the unprecedented bond bubble that we are witnessing could soon implode and trillions of dollars of “wealth” could disappear into thin air.

In fact, Bloomberg says that we should “get ready for a disastrous year” for bonds…

Get ready for a disastrous year for U.S. government bonds. That’s the message forecasters on Wall Street are sending.

With Federal Reserve Chair Janet Yellen poised to raise interest rates in 2015 for the first time in almost a decade, prognosticators are convinced Treasury yields have nowhere to go except up. Their calls for higher yields next year are the most aggressive since 2009, when U.S. debt securities suffered record losses, according to data compiled by Bloomberg.

That certainly does not sound very optimistic, does it?

Anyone with even a minimal amount of intelligence should be able to see the massive financial bubbles that the central banks of the world have created, and anyone with even a minimal amount of intelligence should be able to see that we are heading for a massive financial implosion which will be extraordinarily painful.

Unfortunately, as I wrote about yesterday, the American people have become “zombiefied“. Instead of thinking for themselves, they let “the matrix” do their thinking for them. And right now “the matrix” is telling them that everything is going to be just fine in 2015.

Current Link At This Time:

Kong Sez:

     With all the above in mind, folks, we hope you are prepared. It is very late now to do anything you need to do. For one thing, even if you have plenty of money and can buy some of those big "units" of survival foods for your food storage program, the food isn't what it used to be.

    Many of those foods and grains are now genetically modified. Your body might have to deal with severe reactions or allergies at a time when it is already under great stress and is least able to handle another stress. The truth is, we know little to nothing of the truth about genetically modified wheat and soybeans, as Monsanto is spending huge amounts of money to keep us from finding out, but suffice it to say, by the time we find out, it will be too late for many.

    Incidentally, Dr. "B" tells me that one of his top sources said that Monsanto's people at the top do not eat their own genetically modified foods. If that doesn't tell you anything, nothing will. Store, as Dr. "B" recommends, white rice and beans, as Monsanto has not yet ruined them.

    Many believe that war with Russia and/or China is almost inevitable, as most of the nits in Congress are actively pushing for it. This war won't be a conventional war for long. The first time a nuclear weapon hits America, our lives will change drastically. We suggest that you continue your preparations to survive on your own, without government aid, for a long time. And while you're at it, review Dr. "B"s website for his discussions of how to survive nuclear war and how to deal with radiation.

    And just in case the sun gets hostile and launches a giant CME our way, review the articles on EMP on our WebSite, and how to survive them.

    Folks, we aren't sure what will happen in 2015, but we do know that the list of possibilities seems to get a little longer every time we glance at it.

    In the meanwhile, we wish you and yours a Happy New Year . . . and we continue to hope that none of the above comes true, even though we admit it is more likely now than ever before.

The Time Has Arrived To Put Up! Or, Shut Up!