Monday, December 30, 2013

INFRASTRUCTURE & SOCIETAL COLLAPSE: Two Trains Derail In North Dakota, Triggering Evacuation - Sparking A Fire And Explosion, Triggering Warning To Residents Within A 10-Mile Radius!

December 30, 2013 - UNITED STATES - A grain train and a crude-oil train traveling on adjacent tracks derailed Monday in North Dakota, sparking a fire and explosions that prompted evacuation warnings.

A massive fireball rises after trains collide west of Casselton, N.D., Monday. Zuma Press

The accident occurred at about 2 p.m. Central Standard Time when a westbound 112-car grain train derailed into a 106-car crude-oil train heading east about a mile from Casselton, N.D., according to BNSF Railway Co., which owned both trains.

Fire crews from Casselton and a hazardous-material team from Fargo, about 25 miles away, battled the blaze that engulfed about 21 trains cars, officials said. The Cass County sheriff's office was strongly recommending an evacuation of the city of Casselton, which has a population of about 2,500, and surrounding areas.

A fireball shoots up at the site of a train derailment near the North Dakota town of Casselton, Dec. 30, 2013.
Darrin Radermacher

The National Weather Service was forecasting a shift in the weather that could increase the risk of potential health hazards.There were no injuries, according to the Associated Press.

The derailment was the latest mishap this year involving trains carrying crude oil. The rail industry has been concerned about such accidents because multiple tank cars can end up in a "pool fire" that is so hot they can cause other tank cars to catch fire and possibly breach. Regulators are considering stricter rules to make tank cars safer, but they are controversial because they are costly and would be disruptive to the booming crude-by-rail trade. - WSJ.

MASS BIRD/FISH/ANIMAL DIE-OFF: The Latest Incidents In China - 50,000 Fish Die Suddenly In Ponds In Haikou; 4,000 Chickens Died And 125,000 Slaughtered Due To Outbreak Of Avian Flu In Hebei; And Hundreds Of Goats Killed Due To Outbreak Of Plague In Xinjiang!

December 30, 2013 - CHINA - The following constitutes the latest incidents of mass animal, bird and fish die-offs in China:

50,000 Fish Die Suddenly In Ponds In Haikou.

"She was about to catch the sale of 50,000 fish, did not expect to suddenly die off, people close to raising a puppy to eat dead fish also died! I suspect someone poisoned!" Yesterday, King Shan District, Haikou City Jiazi fish households Rico Lam looked full of dead fish floating in ponds, tears. The police, the staff of the Bureau of Agriculture yesterday, King Shan District, Haikou City, the scene sampling, involved in the investigation.
Hongling, who lives in the village of Lam Chi Kong Jiazi rely Hongling 15 acres of fish ponds located next to the village of wind destroyed the reservoir to feed a family of four. In April, Rico Lam spent 5,000 yuan to buy a tilapia, cod, carp, fish rich in total 50,000. In addition, raising up to now, also spent 130,000 yuan to buy fish feed.

28 am, Rico Lam ponds where the fish suddenly found hundreds of dead, suspected sick fish, dead fish so he will come and go buy medicine. Pm medicines returned, he found the fish ponds and thousands of dead. 29 morning, all dead fish ponds, shining white floating on the water. In addition, the nearby people keep dogs eat dead fish on the 28th, 29 am, was found dead in the grass beside the pond, and the dog did not have any wounds.

Rico Lam suspected sudden mass mortality of fish ponds could be someone poisoning. In order to verify his suspicions, Rico Lam from the nearby river fishing 5 fish, into a bucket containing water ponds, two hours later, five fish no one survived.

Rico Lam said the fish capital of 14 million yuan, 70,000 yuan loan, part of the brothers, sisters borrowed, if these fish die, would be able to sell more than 20 million. He hoped that relevant departments to find out the truth as soon as possible, to give him an explanation.

Yesterday, agricultural technology center staff to the scene after Jiazi understand the situation, said the police should investigate and collect evidence.

Haikou Municipal Public Security Bureau received a report of six decades police station rushed to the scene yesterday, under the coordination of the police station, King Shan District Public Security Bureau of Criminal Investigation and technical personnel, technical personnel Farm Bureau feed on fish, dead fish, fish pond water samples to investigate whether containing toxic substances. Said station director Chen Shenghua, pending the test results came out, the decision on whether to file a case based on the results. (Reporter Han Jiandong text / Chart) - China News.

4,000 Chickens Died And 125,000 Slaughtered Due To Outbreak Of Avian Flu In Hebei.
Bird flu alarm in China: The H5N2 virus is reportedly erupted in the northeast of the People's Republic.
Photo: Alex Hofford (AP)

Chinese authorities have reported the outbreak of the avian influenza virus H5N2 in the north east of the country. On a poultry farm in Baoding in Hebei Province, more than 125 000 chickens were slaughtered, the State agency Xinhua reported on Sunday. Around the farm had to be closed and disinfected a three square kilometer area. 4,000 chickens were found dead there since Tuesday.

On Wednesday, China had first confirmed one death , which goes back to the hitherto known only among birds H10N8 virus. The 73-year-old woman had died in early December in east China's Jiangxi Province. Previously, she is said to have visited a market in live poultry.

Even the most dangerous virus H7N9 spreads in China further . Since March, more than 140 infections were recorded, 45 cases were fatal. In Guangdong province in the south of the country were in the past week, four new infections within a few days known. - Augsburger Allgemeine. [Translated]

Hundreds Of Goats Killed Due To Outbreak Of Plague In Xinjiang.
The Ministry of Agriculture on Thursday confirmed that goats in northwest China's Xinjiang Uygur Autonomous Region have died of a plague called "peste des petits ruminants."

On Dec. 21, a farm reported that 176 goats had showed symptoms of the disease in Hami Prefecture and 34 of them had died. The country's exotic animal disease research center on Thursday confirmed the epidemic was peste des petits ruminants.

Local authorities have sealed off and sterilized the infected area, where 271 goats have been culled and safely disposed of to prevent the disease from spreading.

Peste des petits ruminants, also known as PPR, goat plague or ovine rinderpest, is a contagious disease mainly affecting goats and sheep. The virus causes fever, lesions, labored breathing and diarrhoea in infected animals. - People Daily.

GLOBAL ECONOMIC MELTDOWN: The Stock Market Has Officially Entered Crazytown Territory - Is This A Precursor To The Coming Economic Collapse And The Next Great Depression?!

December 30, 2013 - UNITED STATES -  It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory.  Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy whatsoever.  So how long can this irrational state of affairs possibly continue? 

Omen: The 2013 stock market’s bull run appears to be following the almost identical trajectory of the
stock market in 1929 before the great crash, which led to the Great Depression.

Stocks seem to go up no matter what happens.  If there is good news, stocks go up.  If there is bad news, stocks go up.  If there is no news, stocks go up.  On Thursday, the day after Christmas, the Dow was up another 122 points to another new all-time record high.  In fact, the Dow has had an astonishing 50 record high closes this year.  This reminds me of the kind of euphoria that we witnessed during the peak of the housing bubble.  At the time, housing prices just kept going higher and higher and everyone rushed to buy before they were "priced out of the market".  But we all know how that ended, and this stock market bubble is headed for a similar ending.

It is almost as if Wall Street has not learned any lessons from the last two major stock market crashes at all.  Just look at Twitter.  At the current price, Twitter is supposedly worth 40.7 BILLION dollars.  But Twitter is not profitable.  It is a seven-year-old company that has never made a single dollar of profit.

Not one single dollar.

In fact, Twitter actually lost 64.6 million dollars last quarter alone.  And Twitter is expected to continue losing money for all of 2015 as well.

But Twitter stock is up 82 percent over the last 30 days, and nobody can really give a rational reason for why this is happening.

Overall, the Dow is up more than 25 percent so far this year.  Unless something really weird happens over the next few days, it will be the best year for the Dow since 1996.

It has been a wonderful run for Wall Street.  Unfortunately, there are a whole host of signs that we have entered very dangerous territory.

The median price-to-earnings ratio on the S&P 500 has reached an all-time record high, and margin debt at the New York Stock Exchange has reached a level that we have never seen before.  In other words, stocks are massively overpriced and people have been borrowing huge amounts of money to buy stocks.  These are behaviors that we also saw just before the last two stock market bubbles burst.

And of course the most troubling sign is that even as the stock market soars to unprecedented heights, the state of the overall U.S. economy is actually getting worse...

-During the last full week before Christmas, U.S. store visits were 21 percent lower than a year earlier and retail sales were 3.1 percent lower than a year earlier.
-The number of mortgage applications just hit a new 13 year low.
-The yield on 10 year U.S. Treasuries just hit 3 percent.

For many more signs like this, please see my previous article entitled "37 Reasons Why 'The Economic Recovery Of 2013' Is A Giant Lie".

And most Americans don't realize this, but the U.S. financial system and the overall U.S. economy are now in much weaker condition than they were the last time we had a major financial crash back in 2008.  Employment is at a much lower level than it was back then and our banking system is much more vulnerable than it was back then.  Just before the last financial crash, the U.S. national debt was sitting at about 10 trillion dollars, but today it has risen to more than 17.2 trillion dollars.  The following excerpt from a recent article posted on contains even more facts and figures which show how our "balance sheet numbers" continue to get even worse...
Since the fourth quarter of 2009, the U.S. current account deficit has been more than $100 billion per quarter. As a result, foreigners now own $4.2 trillion more U.S. investment assets than we own abroad. That's $1.7 trillion more than when Buffett first warned about this huge problem in 2003. Said another way, the problem is 68% bigger now.

And here's a number no one else will tell you – not even Buffett. Foreigners now own $25 trillion in U.S. assets. And yet… we continue to consume far more than we produce, and we borrow massively to finance our deficits.

Since 2007, the total government debt in the U.S. (federal, state, and local) has doubled from around $10 trillion to $20 trillion.

Meanwhile, the size of Fannie and Freddie's mortgage book declined slightly since 2007, falling from $4.9 trillion to $4.6 trillion. That's some good news, right?
Nope. The excesses just moved to a new agency. The "other" federal mortgage bank, the Federal Housing Administration, now is originating 20% of all mortgages in the U.S., up from less than 5% in 2007.

Student debt, also spurred on by government guarantees, has also boomed, doubling since 2007 to more than $1 trillion. Altogether, total debt in our economy has grown from around $50 trillion to more than $60 trillion since 2007.
So don't be fooled by this irrational stock market bubble.

Just because a bunch of half-crazed investors are going into massive amounts of debt in a desperate attempt to make a quick buck does not mean that the overall economy is in good shape.
In fact, much of the country is in such rough shape that "reverse shopping" has become a huge trend.  Even big corporations such as McDonald's are urging their employees to return their Christmas gifts in order to bring in some much needed money...
In a stark reminder of how tough things still are for low-income families in America, McDonalds has advised workers to dig themselves "out of holiday debt" by cashing in their Christmas haul.
"You may want to consider returning some of your unopened purchases that may not seem as appealing as they did," said a website set up for employees.

"Selling some of your unwanted possessions on eBay or Craigslist could bring in some quick cash."
This irrational stock market bubble is not going to last for too much longer.  And a lot of top financial experts are now warning their clients to prepare for the worst.  For example, David John Marotta of Marotta Wealth Management recently told his clients that they should all have a "bug-out bag" that contains food, a gun and some ammunition...
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo to help them stay alive.

David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, said in a note to investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”

His memo is part of a series addressing the potential for a “financial apocalypse.” His view, however, is that the problems plaguing the country won't result in armageddon. “There is the possibility of a precipitous decline, although a long and drawn out malaise is much more likely,” said the Charlottesville, Va.-based president of Marotta Wealth Management.
So what do you think is coming in 2014?

- TEC.

GLOBAL VOLCANISM: El Salvador's Chaparrastique Volcano Erupts With Powerful Explosion - Thousands Flee Their Homes In San Miguel!

December 30, 2013 - EL SALVADOR -  Thousands of people in eastern El Salvador are leaving their homes after a volcano erupted on Sunday morning.

Cameras filmed clouds of black smoke billowing from the volcano. 

Residents in the coffee-producing region said they had heard a powerful explosion before the Chaparrastique volcano began spewing hot ash and smoke into the air.

No one has been hurt, say the authorities. Anyone living in a 3km (2 mile) radius will be evacuated.

Some 300 communities live around the volcano.

Temporary shelters are being set up in the area.

Civil protection authorities say that some 5,000 people live in the area, in San Miguel province.

The eruption began at 10:30 local time (16:30 GMT).

WATCH:  El Salvador's Chaparrastique Volcano Erupts.

The Salvadoran government says it had been monitoring the situation since 13 December, when they detected increased activity inside the volcano.

There are more than 20 volcanoes in the small Central American nation.

At 2,129 metres (7,000 ft) above sea level, Chaparrastique is the third highest volcano in the country.

It spewed lava in 1976 and caused a strong tremor in the area in 2010. - BBC.

PLANETARY TREMORS: Strong 5.2 Magnitude Earthquake Strikes Southern Italy!

December 30, 2013 - ITALY - A 5.2-magnitude earthquake (USGS) Sunday evening rocked much of southern Italy, sending frightened people into the streets of Naples and country towns.

Naples Mayor Luigi de Magistris said there were no reports of damage in the city, the largest in Italy’s south. In Piedimonte Matese, a small town near the epicenter, Mayor Vincenzo Cappello told Sky TG24 there were no injuries and no major structural damage, although some buildings may have suffered minor damage.

Italy’s National Institute of Geophysics and Volcanology said the quake at 6:08 p.m. (1708 GMT) had a magnitude of 4.9 and struck some 10.5 kilometers (6.5 miles) underground. Its epicenter was roughly 35 miles northeast of Naples. The Italian news agency LaPresse said the earth shook as far away as Puglia, in the southeastern heel of the boot-shaped peninsula.

SkyTG24 TV reported that some people in Naples and elsewhere decided as a precaution to sleep in their cars Sunday night as aftershocks of much lesser intensity rattled the area.

Naples suffered a devastating quake in 1980. In the neighboring region of Molise, an earthquake in 2002 caused the collapse of a shoddily constructed school, killing 27 students and a teacher. - Weather.