Deutsche Bank becomes the first big bank to forecast a US recession by 2023

Ricky Scaparo – April 5, 2022

The Federal Reserve’s fight against inflation will spark a recession in the United States that begins late next year, Deutsche Bank warned on Tuesday. The recession call — the first from a major bank — reflects growing concern that the Fed will hit the brakes on the economy so hard that it will inadvertently end the recovery that began just two years ago.

“We no longer see the Fed achieving a soft landing. Instead, we anticipate that a more aggressive tightening of monetary policy will push the economy into a recession,” Deutsche Bank economists led by Matthew Luzzetti wrote in the report. 

‘The US economy is expected to take a major hit from the extra Fed tightening by late next year and early 2024,’ the bank’s economists said in a note to clients Tuesday.

‘We see two negative quarters of growth and a more than 1.5 percent point rise in the US unemployment rate, developments that clearly qualify as a recession, albeit a moderate one.’

The prediction comes as the Fed voted to raise interest rates last month by a quarter-point for the first time in three years to curb inflation, which is at nearly 8 percent and the highest its been in 40 years. It also comes as a 2-year Treasury yield momentarily surpassed the 10-year yield last week, a classic sign that has preceded every US recession.

While the Federal Reserve is aiming to raise interest rates by 2 percent by the end of 2022, Deutsche anticipates the Fed will go beyond that and raise rates to 3.5 percent into 2023.

The central bank projects overall inflation will be up 4.3 percent just this year. Meanwhile, economic growth is projected at 2.8 percent this year, a steep drop from the 4.0 percent growth projected in December.

https://endtimeheadlines.org

American Bible Society survey finds ‘unprecedented drop’ in Bible reading

Ryan Foley – April 7, 2022

There has been an “unprecedented drop” in the number of Bible users in the United States since last year, according to a report released by the American Bible Society.

The 2022 State of the Bible report, released Wednesday, based its findings on responses collected from a survey of 2,598 U.S. adults conducted in January. The 12th annual report asked Americans a variety of questions about their Bible use and their thoughts on its role in society.

A preface to the report also highlights changes in the percentage of Bible users in the U.S. over time. The American Bible Society defines Bible users as “those who use the Bible at least 3-4 times each year on their own, outside of a church setting.”

After reaching a high of 53% in 2014, the share of Bible users among the U.S. adult population consistently remained between 48% and 51%. Just last year, 50% of Americans were Bible users. However, in 2022, Bible users in the U.S. accounted for just 39% of the adult population, the lowest in more than a decade.

The State of the Bible report described the 11% decrease as an “unprecedented drop in the percentage of Bible users in the United States.” When applied to the U.S. population as a whole, the figure suggests that the number of Bible users in the U.S. dropped from 128 million in 2021 to 103 million in 2022.

https://www.christianpost.com

U.S. Death Toll Rises To 14.6 Million As The New Bird Flu Plague Spreads Like Wildfire All Over The Globe

– March 28, 2022

In the United States and all across the world, millions upon millions of chickens and turkeys are dying as a result of an absolutely horrifying new bird flu plague.  Considering the fact that global food supplies have become extremely tight and even Joe Biden is admitting that food shortages are looming, this is definitely something that we don’t need right now.  The very first confirmed case of highly pathogenic avian influenza (HPAI) in a commercial flock in the U.S. was confirmed on February 8th, and in less than two months it has spread to facilities all over the nation.  Sadly, we have just learned that it has now even reached the top turkey-producing state in the entire country

For the first time, highly pathogenic avian influenza (HPAI) was confirmed in Minnesota, the top turkey-producing state in the nation, said agricultural officials over the weekend. Some 14.6 million birds in domestic flocks have died of HPAI or in culling of infected herds to reduce the spread of the viral disease this year.

To me, that death toll is extremely alarming.

In less than two months, over 14 million chickens and turkeys in the United States have already been wiped out by this plague.

If things are this bad already, what will the total death toll look like six months from now?

One expert that was interviewed by NBC News says that he is anticipating an “explosion” of new cases in the weeks ahead…

The measures may do little to stop the spread of the virus, according to Henry Niman, a virologist and biochemist in Pittsburgh who has been tracking the bird flu’s spread. He is expecting an “explosion” of bird flu cases in birds in the coming weeks.

“This outbreak I think is likely going to be bigger than 2015,” he said, noting that the disease is already widespread in other regions of the world, such as Europe and Canada.

If he is correct, we are potentially facing a true national catastrophe.

http://theeconomiccollapseblog.com

Ukraine war is veering fast towards a big power conflict

Debkafiles – March 17, 2022

“Unacceptable and unforgivable,” was the Kremlin’s response to the US president’s branding of Vladimir Putin as “a war criminal,” on Wednesday, March 16. Incensed rather than cowed by sanctions and international condemnation, the Russian president is likely to double down on his war offensive against Ukraine – regardless of the spreading death, human misery and ravaged cities. An expanding confrontation therefore cannot be ruled out for the foreseeable future.

President Joe Biden spoke after the horror of Russia’s bombing of a theater in Mariupol where more than a thousand people including many children were sheltering against the constant shelling. The death toll is unknown as are the numbers still buried under the rubble while rescuers are prevented from reaching the scene.

Although the White House previously stopped short of accusing the Russians of war crimes in the Ukraine pending an investigation, President Joe Biden was now ready to say bluntly: “I think [Putin] is a war criminal.” His press secretary Jen Psaki said that Biden was “speaking from the heart” (not the head?). An investigation into war crimes was still underway, she said, aware that some form of due process is required for a charge of war crimes.

The president, however, did not stop at oratory. The $800 m military aid package he approved for Ukraine reportedly included 100 kamikaze drones, apparently referring to Switchblade 300 or Switchblade 600. (See photo.) The former can pinpoint strikes on personnel and the latter aims to destroy tanks and armored vehicles. The Switchblades are essentially robotic smart bombs equipped with cameras, guidance systems and explosives. They can be programmed to strike targets miles away and hover over objectives until ordered to strike.

The US aid package will also include 800 anti-aircraft systems, 9,000 anti-armor systems and 20 million rounds of ammunition.

Moscow was seen in Washington as expanding its targets beyond the Ukraine border with the assault by 30 Russian cruise missiles on the large Ukrainian Yavrov military facility outside Lviv near the Polish border. The Russian defense ministry said that the air strike destroyed a large quantity of weapons supplied by foreign nations and that the Yavrov base had long been used to train Ukrainian military personnel, often with instructors from the United States and other NATO countries. For Putin, this Ukrainian base embodied his complaint that NATO had expanded to Eastern Europe close to Russian territory.

https://www.debka.com

World War III Has Already Started, and It’s an Economic War

Brandon Smith – March 9, 2022

In an article I published in April of 2018, World War III Will Be An Economic War, I outlined a number of factors that portend a large scale conflict between East and West and why this war would be mainly economic in nature. I investigated how this conflict would actually benefit globalists and globalist institutions seeking to bring down multiple nations’ economies while hiding the engineered crisis behind a wall of geopolitical chaos and noise.

The goal? To convince the masses that national sovereignty was a plague that only leads to mass death, and that the “solution” is a one-world system – conveniently managed by the globalists, of course.

One issue which I used to get a lot of arguments over was the idea that countries like Russia and China would end up so closely aligned. People claimed there were too many disparities and that the countries would ultimately turn on each other in the middle of a financial crisis.

Well, it’s four years later and now we’re going to see if that is true or not. So far, it looks like I was correct.

My position has long been that certain nations have been preparing for a collapse of the U.S. dollar as the world reserve currency (the primary currency used in the majority of trade around the world). My belief is that America’s top economic position is actually an incredible weakness; the dollar’s hegemony is not a strength, but an Achilles heel. If the dollar was to lose reserve status, the whole of the U.S. economy and parts of the global economy would implode, leaving behind only those who prepared – those who saw the writing on the wall and planned ahead.

The dollar crash coalition

There are four nations that have been actively positioning for the crash of the dollar. They include: China, Russia, India, Brazil, and in part South Africa (also known as the BRICS). The BRICS are rarely mentioned in the mainstream media anymore, but there was a time around a decade ago when they were discussed regularly.

My fascination with the BRICS back then was primarily due to their economic behaviors. Specifically, their bilateral trade agreements which cut out the dollar as a reserve currency, and the fact that they were stockpiling tons upon tons of gold.

It was as if they had some kind of inside information that an economic war was coming, and they were getting ready to decouple from the dollar and the global supply chain.

https://www.birchgold.com

Nearly 2.8 Million Birds (Mostly Chickens And Turkeys) Have Died In The First Month Of America’s Raging New Bird Flu Pandemic

– March 9, 2022

On top of everything else, now a highly pathogenic avian influenza pandemic is ripping across the United States, and it has already resulted in the deaths of almost 2.8 million birds.  Most of the birds that have died have been chickens or turkeys.  And since this was just in the very first month of the pandemic, there is no telling how bad it could eventually become.  What will the eventual death toll look like?  Will it be in the tens of millions?  That is definitely a possibility.  And what would happen if the bird flu mutates into a version that spreads easily among humans?  We might want to start thinking about that, because that is possible too.

I knew that the bird flu outbreak was bad, but I didn’t know that it had gotten this bad.  The following comes from a prominent farming website

With new outbreaks in Iowa and Missouri, nearly 2.8 million birds — almost entirely chickens and turkeys — have died in one month due to highly pathogenic avian influenza (HPAI), the Agriculture Department said on Monday. The viral disease has been identified in 23 poultry farms and backyard flocks in a dozen states since February 8, when the first report of “high path” bird flu in a domestic flock was reported.

2.8 million dead birds in just one month.

Will next month be even worse?

And the number of states that have detected bird flu has actually gone up since that article came out.  Nebraska just became the 13th state to detect a positive case of HPAI.

To me, one of the most alarming things is that this flu just keeps hitting more commercial flocks.  On Monday, officials announced that a commercial flock of turkeys in northwest Iowa had been affected

http://theeconomiccollapseblog.com

Billions of GMO Mosquitoes Set to Be Released in California, Florida

Center for Food Safety  – March 8, 2022

In defiance of science and public health concerns, Monday the Environmental Protection Agency (EPA) approved the mass release of billions of experimental genetically engineered (GE) mosquitoes into the U.S.’ most populous and agriculturally significant states.

The British biotechnology company Oxitec was granted an experimental use permit for the release of a genetically engineered version of the species Aedes aegypti across Fresno, Tulare, San Bernadino and Stanislaus Counties in California and in Monroe County in Florida.

This will be the biggest release of GE insects in the world.

EPA’s approval came despite growing concerns raised by scientists, public health experts and environmental groups about potential impacts of the experimental releases on public health, the environment and endangered species.

No publicly available data supports Oxitec’s claims that GE mosquitoes will reduce incidence of mosquito-borne diseases.

An independent peer-reviewed study from Yale University scientists revealed that over two years of continual releases of the GE mosquitoes at a test site in Brazil failed to reduce populations of Aedes aegypti.

The Yale study also found that the GE mosquitoes bred with local Aedes aegypti, resulting in hybrid mosquitoes in the wild that may be more aggressive, more difficult to eradicate and may increase the spread of mosquito-borne disease.

“Scientists have found genetic material from GE mosquitoes in wild populations at significant levels, which means GE mosquitoes are not sterile. GE mosquitoes could result in far more health and environmental problems than they would solve,” said Dana Perls, food and technology program manager at Friends of the Earth, and a California resident.

https://childrenshealthdefense.org

The U.S. Government Just Admitted That This Is A War That Will Determine Who Will Rule The New World Order

– February 24, 2022

We now have a war that the vast majority of us never wanted.  All of our lives are going to be turned upside down, the global economy is going to be absolutely eviscerated, and countless numbers of people are going to die.  I am very angry with Vladimir Putin and the Russians for launching a full-blown invasion, because it didn’t need to happen.  And I am also very angry with the Biden administration because it would have been so easy to find a diplomatic solution to this crisis.  Unfortunately, the time for diplomacy is now over and World War III has begun.

On Thursday, State Department spokesman Ned Price made a stunning admission regarding what this war is really all about.

According to Price, Russia and China “also want a world order”, but he warned that if they win their world order “would be profoundly illiberal”…

China has given “tacit approval” for Russian President Vladimir Putin’s latest invasion of Ukraine, in the judgment of U.S. officials, as part of a joint effort to undermine the institutions that American and allied leaders established to minimize conflict in the decades following World War II.

“Russia and the PRC also want a world order,” State Department spokesman Ned Price said Wednesday. “But this is an order that is and would be profoundly illiberal. … It is an order that is, in many ways, destructive rather than additive.”

It would take an entire book to unpack everything that Price said there.

First of all, by stating that Russia and China “also want a world order”, he was tacitly admitting that the United States and other western nations desire to have a “world order” of their own.

And he implied that what we are witnessing is a battle over who will ultimately run the “world order”.

http://endoftheamericandream.com

As H5N1 Bird Flu Spreads To More States, Many Are Wondering What Will Happen If People Start Getting Infected…

ETH – February 23, 2022

(OPINION) I have been watching the H5N1 bird flu for a very long time. Many of my readers don’t even know this, but many years ago I actually had an entire website that was dedicated to tracking the latest news regarding bird flu.

Fortunately, H5N1 hasn’t been a significant threat for ages, but now it is back. It is spreading very rapidly in birds in North America right now, and some experts are concerned that it could mutate into a version that could begin spreading easily in humans. If that happens, it would make the COVID pandemic look like a bad joke in comparison, because the death rate for H5N1 in humans is extremely high.

Over the past several days, we have received some really troubling news about the spread of bird flu inside the United States. For example, bird flu has now been detected in a “non-commercial backyard flock” in Suffolk County, New York. The following comes from the official USDA website…

The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) has confirmed the presence of highly pathogenic avian influenza (HPAI) in a non-commercial backyard flock (non-poultry) in Suffolk County, New York.

Samples from the flock were tested at the Cornell University Animal Health Diagnostic Center, part of the National Animal Health Laboratory Network, and confirmed at the APHIS National Veterinary Services Laboratories (NVSL) in Ames, Iowa.

APHIS is working closely with state animal health officials in New York on a joint incident response. State officials quarantined the affected premises, and birds on the properties will be depopulated to prevent the spread of the disease. Birds from the flock will not enter the food system.

https://endtimeheadlines.org

The US Southwest is hitting megadrought status

– February 14, 2022

About half of the contiguous US is currently experiencing moderate to extreme drought—including almost all of the West. That shouldn’t come as a surprise, as widely pervasive drought has been present for quite a while now in this region, where major reservoirs like Lake Powell and Lake Mead are hovering around all-time low-water levels. But how does this ongoing drought compare to the past? After all, the region is no stranger to dry stretches.

A 2020 paper examined the 2000-2018 data in the context of a tree ring reconstruction going back to the year 800 and stretching from Southern California to Wyoming. That team found that this was likely the second-driest period in the record, beat out only by a megadrought in the late 1500s.

At the time, the paper’s authors guessed that good precipitation in 2019 would be enough to end the extended drought. But instead, a particularly wicked 2021 kept the drought alive. As a result, three of those researchers—UCLA’s Park Williams and NASA’s Benjamin Cook and Jason Smerdon—decided to update the numbers through 2021.

The most mega

The term “megadrought” isn’t some sensationalist moniker from bad television; it’s a term for the handful of two- to three-decade Southwestern droughts in the past millennium or so—some with history-defining impacts on the civilizations who lived there at the time.

With the analysis updated, 2000-2021 ranks as the driest such 22-year period in the data going back to the year 800. The megadrought years of 1571-1592 slip into second place. (Though the error bars on the two periods overlap.)

Between 2000 and 2021, 18 of those years saw soil moisture below the long-term average. Only two past megadroughts meet that level of consistent dryness. The years 2002 and 2021 rank as the 11th and 12th driest years in the whole record—and it has been three centuries since a drier year occurred. And although some megadroughts were focused in a particular region, the drought of the last two decades has been widespread across the West. That’s what you would expect to see from a drought driven more by global warming than by precipitation patterns.

To estimate the contribution of climate change, the researchers repeated their analysis of climate models run with and without warming temperatures. Their previous work had estimated that 46 percent of the severity of the 2000-2018 drought was due to human-caused warming. For 2000-2021, they get a similar answer of 42 percent despite using a new generation of climate model simulations.

https://arstechnica.com