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The Economic Collapse

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

Search Results for: Michael Snyder

Are You Ready For The Great Depression Of The 2020s?

April 27, 2020 by Michael

For those of you that were expecting just a “deep recession”, I am afraid that you are going to be very disappointed.  It took years for the U.S. economy to fully unravel in the 1930s, but now we have witnessed a similar level of economic devastation in just a matter of weeks.  More than 26 … Read more

“The Food Supply Chain Is Breaking” And We Are Being Warned That “Meat Shortages” Are Imminent

April 26, 2020 by Michael

When meat processing facilities started shutting down because of the coronavirus pandemic, we were initially told not to worry because the facilities that were still operating normally would be able to make up the difference.  But now all of that has changed.  As you will see below, even the mainstream media is beginning to use … Read more

We Have Never Seen An Economic Collapse Quite Like This, And It Is Largely A Self-Inflicted Wound

April 23, 2020 by Michael

The rate at which the U.S. economy is unraveling is absolutely breathtaking.  On Thursday, we learned that another 4.4 million Americans filed new claims for unemployment benefits last week, and that means that a grand total of more than 26 million Americans have lost their jobs during this pandemic so far.  To get an idea … Read more

The Next Generation: Giant Locust Armies Of “Biblical Proportions” Threaten To Cause Mass Starvation In Africa

April 22, 2020 by Michael

Even before COVID-19 became the biggest public health crisis to hit the globe in decades, enormous swarms of locusts the size of major cities were devouring crops throughout eastern Africa, across the Middle East and even in some parts of Asia.  Now a new generation that officials are describing as “20 times bigger” has emerged, … Read more

The UN Is Now Admitting That This Coronavirus Pandemic Could Spark Famines Of “Biblical Proportions”

April 21, 2020April 21, 2020 by Michael

What the head of the UN’s World Food Program just said should be making front page headlines all over the globe.  Because if what he is claiming is true, we are about to see global food shortages on a scale that is absolutely unprecedented in modern history.  Even before COVID-19 arrived, armies of locusts the … Read more

The Oil Price Collapse Is Yet Another Sign That Economic Activity Is Crashing Dramatically All Over The World

April 20, 2020April 20, 2020 by Michael

The insanity that we are currently witnessing in the financial markets is difficult to believe.  Personally, even though I operate a website called “The Economic Collapse Blog” and I write about these things every day, when someone told me that the price of oil had fallen below minus 30 dollars a barrel on Monday I … Read more

Killed By The Coronavirus Lockdowns: 1000s Of U.S. Businesses That Were Shut Down Will Be Closed Permanently

April 19, 2020 by Michael

This economic downturn is turning out to be far deeper and far more severe than most experts were originally anticipating.  More than 22 million Americans have filed claims for unemployment benefits, and economists are telling us that the U.S. economy is contracting at the fastest rate that we have seen since the Second World War.  … Read more

U.S. Economy Contracting “At Its Sharpest Pace Since World War Two” And “The Worst Is Yet To Come”

April 17, 2020April 17, 2020 by Michael

Fear of COVID-19 has unleashed economic chaos on a scale that has already surpassed anything that we witnessed during the last recession, and as you will see below, we are now being warned that “the worst is yet to come”.  Many Americans are hoping that things can start to return to normal as the U.S. … Read more

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