Perfect Storm Of Financial Collapse And WWIII-Michael Snyder

Money 5

By Greg Hunter On February 24, 2016 In Political Analysis : USAWatchdog.com

Journalist and book author Michael Snyder says the collapse is not an event, but a “process.” Snyder explains, “I believe it is already in the process of coming apart. . . . One fifth of global stock market value is already gone.  That means we only have four fifths left.  At one point this month, $16.5 trillion had been wiped out from global stock markets since mid-2015.  So, this started last year.

We saw oil collapse.  We’ve seen junk bonds collapse.  We’ve seen commodity prices collapse.  The $16.5 trillion I just mentioned is just for stocks, and when you add up the other losses, that’s trillions of dollars more wealth that has been wiped out all over the world.  What we have seen already has been extraordinary, but we are still in the process.  People want to think of it as an event or a single day or a month, but this is a process.”

Snyder also contends, “The Baltic Dry Index dropped below 300 for the first time ever. We did not even see that during the 2008 Great Recession and financial crisis.  I didn’t know the Baltic Dry Index could go that low.  We are seeing exports decline dramatically in South Korea.  New numbers for Japan came out . . . their exports were down 12% year over year.  Exports in China have been falling month, after month, after month.  U.S. exports were down 7% for the last monthly figure we had.  India’s exports are down.  This is happening all over the world. Real economic activity is grinding to a halt.”

Snyder says the problems with some global banks are far worse than in 2008. Snyder says, “The collapse of Deutsche Bank would be a far bigger event than the collapse of Lehman Brothers was back in 2008.  If you are looking for another Lehman Brothers moment with their derivatives exposure . . . and now the biggest bank, in the biggest and most important economy in Europe, is in the process of coming apart.”

On war, Snyder says keep your eyes on the Middle East and Syria. Snyder explains, “Saudi Arabia and Turkey have to give up and cut their losses or they have to go in and do the job themselves.  The Sunni militants, including ISIS, are not getting the job done.  Turkey and Saudi Arabia are seriously considering a ground invasion of Syria.  Are the Russians and Hezbollah and Iran going to stand aside and let them do it?  I say almost certainly not and, in fact, could very easily erupt into WWIII.”

Either way, Snyder thinks we get “global financial collapse” and “World War III” but does not know which one comes first. Snyder says, “We already have the global economy grinding to a halt, but if we get WWIII, that just accelerates things greatly.  It’s the chicken or the egg, whichever comes first, but without a doubt, we are moving into a time described as a perfect storm.”

On precious metals, Snyder says, “I think silver will absolutely skyrocket in the years ahead. We like gold, but absolutely love silver.”

Join Greg Hunter as he goes One-on-One with Michael Snyder, creator of TheEconomicCollapseBlog.com.

Obesity: A Major Public Health Epidemic In Both The Developed And The Developing World.

OBY 5

“Worldwide obesity has more than doubled since 1980. In 2014, more than 1.9 billion adults, 18 years and older, were overweight. Of these over 600 million were obese, 39% of adults aged 18 years and over were overweight in 2014, and 13% were obese. 

Most of the world’s population live in countries where overweight and obesity kills more people than underweight. 42 million children under the age of 5 were overweight or obese in 2013. Obesity is preventable,” according to the World Health Organisation. 

In an effort to fight against increasing obesity, the government of Dubai recently offered residents, one gram of gold, which worth approximately $45 at that time, for every kilogram of weight loss. To make it a successful program, the weight loss was fixed in the time of Ramadan, when every Muslim eat less. The fact is serious obesity sends people early to the grave.

Food is extremely delicious, especially when well prepared to meet the right taste, but if you don’t have self-control, the ability or strength to fight food addiction, then you should know that you are inviting so many health hazards into your life. People suffering from obesity can tell you about criticisms and gossips against them daily in public, office or wherever they go.

In Europe, the United Kingdom has the higher rate of obesity and overweight people than anywhere in Western Europe, according to an authoritative global study that raises fresh concerns about the likely health consequences. In the UK, 67 percent of men and 57 percent of women are either fighting against obese or overweight. Published in the Lancet Medical Journal, according to the Global Burden of Disease Study, more than a quarter of children, 26 percent of boys and 29 percent of girls are also overweight in the UK.

Going to the gym to keep the body fit is a daunting task for many. If you want to avoid going to the gym to work against overweight, then eating the right food should be everyone’s priority. One needs to understand what some foods are high in saturated fats and cholesterol, you must, therefore, avoid these foods which build up in your stomach, arteries, and veins.

For example, the yolk of an egg has 300 mg of cholesterol; it is, therefore, better and healthy to eat the white instead. Eating 10 whole eggs in a week gives one 3 grams of cholesterol in your body. Another way of avoiding obesity is to stop eating fried foods since they absorb the fats that they are cooked in.

There are so many recommended books and online articles in health journals, on how to avoid or deal with obesity and overweight. You can do it too since many have done it. Prevention is always better than cure.

%d bloggers like this: