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Are You Prepared For The Coming Economic Collapse And The Next Great Depression?

Search Results for: Michael Snyder

The U.S. Economy Hasn’t Experienced Anything Like This Since The Great Depression Of The 1930s

July 7, 2020 by Michael

The recession of 2008 and 2009 was bad, but it was nothing like this.  Even though this new economic downturn is only a few months old, we are already seeing numbers that we haven’t seen since the worst parts of the Great Depression of the 1930s.  More than 48 million Americans have filed new claims … Read more

Violent Crime Is Surging Dramatically In Major Cities All Over America

July 6, 2020July 5, 2020 by Michael

What we are witnessing all over the country right now is incredibly sad.  In the aftermath of the tragic death of George Floyd, it would have been wonderful to see the entire nation unite behind an effort to make our society less violent, more just and more peaceful.  But instead, we have seen a tremendous … Read more

The Good, The Bad And The Ugly From The Latest U.S. Employment Numbers

July 2, 2020 by Michael

Is the U.S. economy starting to rebound from the massive downturn that the coronavirus lockdowns caused?  Some new employment numbers were released on Thursday, and they were very interesting.  Many are boldly declaring that these new numbers are fantastic news for the U.S. economy, but that is greatly oversimplifying matters.  So far in 2020, tens … Read more

Is The Nationwide Coin Shortage Being Used To Push Us Toward A Cashless Society?

June 30, 2020 by Michael

The coin shortage in the United States is becoming quite severe, and a lot of people are deeply concerned about where this might be leading us.  But if you don’t run a business or deal with coins on a regular basis, you may not even know that it is happening.  On Monday, my wife told … Read more

Close To Half Of All Working Age Adults In The United States Do Not Have A Job Right Now

June 29, 2020 by Michael

There is a lot of talk about the “unemployment rate” these days, but the way that it is calculated has become so convoluted that it is not really that meaningful anymore.  Even during the so-called “good times”, more than 100 million U.S. adults were not working, but we were told that the unemployment rate was … Read more

Any Hope For A “V-Shaped Recovery” Has Been Completely Crushed

June 25, 2020June 25, 2020 by Michael

We were supposed to be well into a “recovery” by now, but instead more bad economic news just keeps pouring in.  In fact, the numbers that I am going to share with you in this article are absolutely eye-popping.  Initially, many of the economic optimists had been trying to convince us that we would experience … Read more

Media-Induced Fear Of COVID-19 Is Starting To Cause A Second Wave Of Severe Economic Panic

June 24, 2020 by Michael

Fear of COVID-19 absolutely crippled the U.S. economy during the first half of this year, and now it appears that there are some people that are pushing for that to happen again during the second half of 2020.  Earlier this evening, I came across a headline that boldly declared that there will be “180,000 U.S. deaths … Read more

Is This The Lowest Point In Modern U.S. History?

June 22, 2020June 21, 2020 by Michael

Things have certainly gotten really crazy here in 2020.  First we witnessed the eruption of the worst global pandemic in 100 years, then the U.S. economy started collapsing, and then we watched major U.S. cities burn from coast to coast as rioting and looting spiraled out of control.  Everywhere you look, people are very angry … Read more

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