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March 20, 2018 - Health Ranger - Mike Adams

12:18

Emergency economic red alert

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	This is an emergency economic red alert for readers and fans of naturalnews.com and newstarget.com.
	My name is Mike Adams.
	I'm the health ranger.
	And on natural news, I normally cover health now.
	But this economic warning is so important.
	I've got to share it with everybody on both websites.
	I'm not going to bring politics into this.
	And this is just about the global economic implosion.
	Let's start with the Baltic Dry Index, the BDIY. That's the symbol for it.
	You can just look it up yourself.
	The Baltic Dry Index, of course, charts the activity of shippers, ocean freight companies, essentially, that are normally moving large amounts of freight across the Atlantic and the Pacific and all around the world.
	This index has plummeted since January 4th, it looks like, where it was about 473.
	It has now plummeted to 373.
	It has lost 100 points, or over 20%, in just two weeks, essentially.
	And it's down compared to...
	It was at over 1,200.
	Last, what, August 6th of 2015.
	Now it's down to 373.
	What this means, we are watching the global economy absolutely implode.
	And I know all the people in Washington tell you everything's fine on both sides of the aisle.
	But the truth is far from everything's fine.
	The truth is very, very different.
	Now, retailers are getting just slaughtered across the board.
	Online retail sales are down almost everywhere.
	I've talked to other online websites.
	Their sales are down.
	Our sales have been greatly reduced as well in the past few months due to this economic implosion.
	Even though our traffic is up, sales are down.
	Walmart's closing several hundred of its stores, firing 16,000 people.
	Everywhere you go, the economy is imploding.
	Now, the oil industry is getting absolutely massacred.
	And me being in Texas, I'm acutely aware of what's happening in Houston in particular, which is a big oil town.
	Oil is headed for $20 a barrel, maybe even as low as $10, where a gallon of oil is already cheaper than a gallon of water.
	There's a gas station in, I think, North Dakota that's selling gas at...
	Oh, it's in Michigan.
	46 cents a gallon.
	46 cents a gallon in Michigan.
	Now, people who are ignorant of economics might look at that and celebrate, yay, that's awesome, gas is affordable again.
	We haven't seen those prices since 1977 or whatever.
	I mean, that's...
	I don't...
	I mean, that's...
	You gotta go back decades to see, yes, that cheap.
	But it's not cause for celebration.
	It's artificially low.
	What's happening is Saudi Arabia and the other OPEC members have been dumping oil into the global supply as a tactic to bankrupt the oil economy in the United States, to bankrupt it, to put the fracking companies out of business, which from an environmental perspective might be a good thing, right?
	But also to put the shale oil companies out of business, which also might be a good thing from an environmental perspective.
	But here's the bad part.
	They're also putting refineries and regular oil drillers out of business as well.
	They're gutting the US energy economy.
	That's bad for America because we, despite all the talk about green energy...
	We are not an economy that can run on solar and wind.
	How do you move products down the highway on 18-wheeler trucks without using diesel fuel?
	You don't.
	You've got to have petroleum to move the economy.
	How do you grow food?
	Well, you run tractors that run on diesel.
	There is no such thing as a battery-powered tractor.
	Trust me, it does not exist.
	I mean, not a life-size tractor.
	You can have a little toy tractor that runs on batteries.
	I'm talking about ones that can grow food.
	There's no such thing as an 18-wheeler rig that runs on batteries.
	There's no hybrid Mack truck running down the road.
	It just doesn't exist.
	The energy density isn't there.
	So you still need oil for your economy.
	And you have to have an oil infrastructure in place, or otherwise you lose on national security and redundancy of this critical resource that powers our economy.
	Now, at the same time that this is happening...
	I think $1.5 billion or so is being released to Iran, and the sanctions are being lifted, the economic sanctions, so Iran is going to start pumping oil big time into this global supply glut, which is going to drive oil prices down even more, and that's why they might get down to the $10 a barrel range.
	This is economic genocide in a sense.
	This is, wow, this is the global oil producers murdering the U.S. oil infrastructure.
	We're talking about hundreds if not thousands of bankruptcies across the oil industry in the United States.
	Now, if you're an environmentalist, you might think that's awesome, but it isn't.
	Let me explain why.
	Number one, with oil being so cheap, it makes solar and wind relatively a lot more expensive right now.
	So a lot of people are not buying solar power.
	They're not investing in those green energies because oil is so damn cheap.
	Why not just buy oil?
	The second thing is people are buying bigger and bigger cars, SUVs, gas guzzlers, because hey, gas is dirt cheap.
	Sales of SUVs are the only things that are holding steady, while sales of other more economical cars are dropping, because gas is cheap.
	But here's the real bad side.
	When this glut strategy is played out, And half the U.S. oil economy is bankrupted?
	What do you think they're going to do in Saudi Arabia and Iran and Kuwait and everywhere else that they're pumping oil?
	What do you think they're going to do?
	They're going to shut off the valves and they're going to hike prices in a huge coordinated way Where oil will skyrocket again to $150 a barrel over time.
	It might take a year or two years to get to that point.
	But believe me, all the losses that these oil producing countries are experiencing right now at $30 a barrel or $25 a barrel, they're going to make up for all those losses very, very soon.
	It only takes a couple of years for this whole thing to revert, and then we're going to have oil at $150 a barrel.
	We're going to have gasoline at $5 a gallon.
	And guess what?
	At that time, we've lost our infrastructure in the United States, or half of it.
	All of a sudden, we don't have the capacity anymore, which means there's going to be an oil fuel, a gasoline shortage, in essence.
	We're not going to have the refining capacity and the drilling capacity to be able to keep up with domestic demand of the economy.
	And so that's going to put us in a position of being dominated by the oil interests of OPEC and the Middle East, where regimes like Saudi Arabia routinely violate human rights.
	It's not a democracy.
	It doesn't even resemble one.
	But we're going to have to do business with them, and they call the shots.
	So this is just some of what's happening.
	Now, at the same time, you have the Fed.
	The Federal Reserve raised interest rates a quarter point a few weeks back.
	Already seems to be a big mistake from the point of view of investment analysts.
	Nevertheless, the Fed has run out of tools.
	You see, they've run out of tools.
	They've been printing money and they've kept interest rates at zero, and the result has been a wildly inflated marketplace with crazy, insane sky-high PE ratios, for example.
	And valuations of companies.
	We're in another high-tech bubble, just like we were in the year 2000 or 2001.
	And that crashed aggressively and suddenly.
	That's what we're looking at here.
	Oh, and on top of that...
	On top of the tech bubble and the crashing Baltic Dry Index and the crashing retail sales across the board, we also have the markets in the Middle East crashing because of plummeting oil prices and the markets in China, of course, crashing big time because their economy was wildly inflated based on little more than overproduction and the building up of inventories that were not being sold.
	There are entire cities in China where nobody lives.
	They've built massive high-rise buildings.
	I mean thousands of apartment units and they've sold them.
	Not a single soul lives there.
	Entire cities in China that are ghost towns because they've been building and building and building and they call it economic activity and people have been investing money in these thinking, yeah, this is going to pay off one day.
	The whole thing is going to crash.
	There are miles and miles of open fields and parking spaces in various countries around the world of car inventory, of just cars that are manufactured and just sitting there that they don't know what to do with them.
	No one's buying them all.
	It's just cars everywhere.
	And that's the economy right now.
	It's too much supply, whether we're talking about oil or consumer goods, and too much supply, not enough demand.
	And as a result, this supply glut, this massive increase in inventories, combined with a decrease in consumer demand and discretionary income, is going to cause a lot is going to cause a lot of people to suffer some pretty extreme losses when all of this unravels.
	This supply glut, this massive increase in inventories combined with a decrease in consumer demand and discretionary income is going to cause a lot of people to suffer some pretty extreme losses this massive increase in inventories combined with a decrease in consumer demand and discretionary income It's coming.
	It's coming.
	So this is my warning to you.
	So this is my warning to you.
	I want you to be careful right now.
	I want you to be careful right now.
	Beware that we are looking at the early warning signs, actually not even early anymore, warning signs that the economic collapse has begun.
	The markets are going to unravel probably this year all around the world.
	The Fed is out of tools to stop this.
	And the lies from Washington no longer ring true with people.
	And this is why you see mainstream media outlets like Market Watch every day begging people not to sell, saying, oh no, this is a great time to buy, or 10 reasons why you shouldn't sell when stocks crash.
	Just the psychological play that's going on now is insane.
	So beware, everybody.
	Hunker down.
	It's going to get interesting.
	Thanks for listening.
	This is Mike Adams of HealthRanger, HealthRangerReport.com, and check out Newstarget.com as well.

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