Shades of 1929

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It is now exactly two weeks until the end of 2018, and even though the year is coming to a close, the market selloff isn't. Get ready for a long 2019. Just how bad is it going to get? Here are just a few of the buzzwords and phrases that analysts were throwing around this weekend to describe what's coming next: "a flurry of sell offs"... "a sign of things to come"... "a precursor to an epic market collapse"... and lastly "shades of 1929". Well now, doesn't that sound fun?

The umbrella group for the world's central banks, The Bank of International Settlements, put out a little under the radar warning yesterday, and it isn't pretty. They're saying that the market selloff that's been going on the past few months isn't isolated… this is about to get worse, and it isn't stopping anytime soon. Ron Paul went on CNBC last week and agreed. He said the developments we're seeing right now could be leading to something that's quote, "worse than 1929."

RELATED: 10 survival lessons from the Great Depression

I CAN NOT believe how no one is talking about this. It's eerily familiar to 2008, when all the big banks were fudging their financial statements to give the appearance that everything was A OK. In reality, possibly the biggest bubble in human history is set to explode. Quantitative easing since the 2008 financial crisis, or the method of printing money like crazy to inject money into the system, is now about to come for its reckoning. The Fed is planning to make three rate hikes in 2019. The U.S./China trade war is still moving forward. The economy is slowing towards recession. And all of this is coming during record amounts of spending.

Consider this. The White House is estimating this year's budget deficit will total 1.1 TRILLION! That's over four percent of GDP. Let's look back in history for a quick second and compare that number to the other times the deficit went over 4% GDP. Here are a few years when it happened: 1933, 1942, 1983, 2009 and then today. 1933 was FDR's attempt to get out of the Great Depression enacting the New Deal. 1942 was World War 2. 1983 was the height of the Cold War. 2009 was the bank bailout after the crash. So basically, this only happens either during times of war or in response to a financial crisis. So why are we still spending at record levels?

We're neither at war nor are we responding to a recent crash, but we're spending as if we were!

We're neither at war nor are we responding to a recent crash, but we're spending as if we were! Let me rephrase that, a GOP government - that controls all branches of government - is spending money at record levels not seen since the Japanese bombed Pearl harbor or the recovery from both the Great Depression AND the Great Recession. It might be the largest bubble in history. The only question now is, will this be the year that it bursts?

After imprisoning a pastor for refusing to follow COVID-19 restrictions, Canadian officials barricaded his church. And when some church members retaliated by tearing down part of the fence, Canadian Mounties arrived in riot gear.

Rebel News Founder Ezra Levant joined Glenn Beck on the radio program to give his insight on the crazy situation. He described the new, armed police presence surrounding GraceLife Church in Edmonton, Alberta, and how it not only encouraged hundreds of protesters to stand with the church in support but forced congregation members underground to worship as well.

What's happening is eerily similar to what occurs everyday in China, Levant says, and it must stop. Who would have thought this type of tyranny would be so close to home?

Watch the video below to hear Ezra describe the religious persecution taking place in Canada.


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Enough prayers? Why is supposed Catholic Joe Biden suggesting that Congress ought to stop praying for after someone commits acts of gun violence?

On Friday, Stu Burguiere and Pat Gray filled in for Glenn and discussed President Joe Biden's remarks during his speech on gun control. "Enough prayers. Time for some action," Biden said. Stu and Pat were surprised how dismissive Biden appeared to be on the idea of prayer.

Watch the clip to hear more. Can't watch? Download the podcast here.

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Just days after Canadian pastor James Coates was released from prison for refusing to bow to COVID-19 lockdown restrictions, several police officers showed up at another church to ensure restrictions were being followed. But Polish pastor Artur Pawlowski of the Cave of Adullam Church in Alberta, Canada, knew his rights, telling the cops not to come back until they had a warrant in hand.

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere played a video of the interaction.

"Please get out. Please get out of this property immediately. Get out!" Pawlowski can be heard yelling at the six officers who entered his church.

"Out! Out! Out! Get out of this property immediately until you come back with a warrant," he continued. "Go out and don't come back. I don't want to talk to you. You Nazis, Gestapo is not allowed here! ... Nazis are not welcome here! Do not come back you Nazi psychopaths. Unbelievable sick, evil people. Intimidating people in a church during the Passover! You Gestapo, Nazi, communist fascists! Don't you dare come back here!"

Watch this clip to see the heated exchange:

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One of the most dangerous existential threats to the United States is Critical Race Theory, or CRT. As Glenn Beck has exposed over the past year, CRT is gaining momentum and has been preached in our universities for a while now.

Then last August, leaked documents revealed that Marxism, activist ideology of Black Lives Matter, is making its way into grade school classrooms across the country. And since then, things have only gotten more intense.

On next week's Wednesday night special, Glenn will expose the new ways progressives are systematically indoctrinating our kids and culture with this dangerous ideology. But first, it's crucial that you know what your kids may already be learning.

"What I'm about to show you is just the beginning," Glenn said, introducing the leaked documents.

"I found it shocking that Black Lives Matter supporters have developed lesson plans that start from preschool all the way up to the 12th grade," he continued. "Do you know the money it would take to tailor things ... and get it out to the schools and the unions for each age, to be able to brainwash the kids on Marxism and how to destroy capitalism by using race, sexual orientation, and gender?

"Our children don't stand a chance," Glenn added later. "They're not being taught anything except how to be radical activists. What the hell has happened?"

Watch the video clip below or find the full episode here.


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To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.