In this episode of the X22 Report: Another retailers declares bankruptcy, the trend continues as more and more retailers are ready to go bankrupt. During the holiday brick and mortar stores saw a dramatic drop in traffic. Factors order decline. Illinois Senate overrides the Governor and raises taxes. Corporate tax revenues are flashing a huge warning sign, this predictor is very accurate and is used to predict recessions, looks like the next one is right around the corner.

Many individuals are worried because once a government official or a Fed head tells you everything is going to be ok, it normally turns out the other way around. People around the country are now making fun of CNN and are creating memes. Kathy Griffin was questioned for over an hour by the secret service. Austria brings armored vehicles to the border to stop an influx of refugees. US and South Korea hold drills after NK fires a missile. Trump calls an emergency UN Security Council meeting. Nikki Haley says the US will use force if it needs to. China and Russia are now taking control of the situation, they have created and plan to deal with NK, this does not sit well with the deep state, they want war. The Syrian forces are moving into central Syria and eradicating the IS. China and Russia want an impartial investigation into the chemical weapons attack. Russia is getting ready to release the terminator in Syria.

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