Segment 1: Weathering the Economic Fallout SEGMENT BEGINS AT 00:38 Due to poor economic policies, there is an even greater slowdown in the global economy on the horizon. Listen as economist Jerry Robinson gives us a glimpse into 2023 and shares a simple way to...
Government Agency Warns of Possible 18 Month ‘National Blackout’ if Just 9 Power Substations Are Destroyed
FTMDaily.com – Michael Snyder from the Economic Collapse blog has written an interesting piece relating to our nation’s fragile power grid entitled: Government Agency Warns If 9 Substations Are Destroyed, The Power Grid Could Be Down For 18 Months. It’s a grim title for a grim problem facing our nation. Snyder’s article draws from an important article released in the WSJ last week entitled: U.S. Risks National Blackout From Small-Scale Attack.
According to the WSJ:
“The U.S. could suffer a coast-to-coast blackout if saboteurs knocked out just nine of the country’s 55,000 electric-transmission substations on a scorching summer day, according to a previously unreported federal analysis.”
As you know, this is a topic that I have expressed major concern about recently. America is woefully unprepared for a meltdown of the power grid. This is just another gentle reminder for our readers who may not yet have taken steps to protect themselves and their families in the event of a major power blackout in 2014.
ACTION POINT: Watch National Geographic’s excellent 90 minute documentary, American Blackout, on FTMFlix.com. It is a well produced film that imagines what America would look like in the event of a complete national power grid failure. Then, send this eye-opening documentary on to family and friends!
Inside this Issue
If bond purchases end later this year, this would imply rate increases around April 2015.
And Yellen’s first press conference sent the markets tumbling…
Hmmm… $40 for cable or less than $10 for Netflix?
The federal government has increased its debt by $811,699,611,000.51 — borrowing $7,057.89 per U.S. household — in the five months that have elapsed since Oct. 16, 2013.
$1 of every $2 Americans spend is on real estate and transportation.
Executives said that many business schools are “better structured for the Industrial Revolution rather than the Information Age.”
Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick sale, as a liquidity crunch looms on the mainland.
U.S. Financial Markets
Real-time Gold and Silver Prices
Precious Metals Market Update with Tom Cloud
Is Estonia next?
The United States warned Moscow it was on a “dark path” to isolation on Wednesday as Russian troops seized two Ukrainian naval bases, including a headquarters in the Crimean port of Sevastopol where they raised their flag.
Russia issues the most serious threat of retaliation after the U.S. and the EU announced sanctions…
First China, now India…
Despite talks between Iran and West, IDF told to prepare for possible attack.
Researcher: “This is the first study that is really starting to provide a plausible pathway to explain why some people are more vulnerable to Alzheimer’s than other people.”
Stock Trading Bootcamp 2014: Part I
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Topic: In Part I of our new Stock Trading Bootcamp podcast series, Jerry Robinson discusses the “trade of trading.”
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Trade Alert – March 20
BAC up 1.45% Wednesday!
“A Daily Dose of Financial Wisdom from God’s Word”
“Give, and it will be given to you. They will pour into your lap a good measure, pressed down, shaken together, and running over. For by your standard of measure it will be measured to you in return.”