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Search Results for: Michael Snyder

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

Americans Have Already Skipped Payments On More Than 100 Million Loans, And Job Losses Continue To Escalate

June 18, 2020 by Michael

Those that have been hoping for some sort of a “V-shaped recovery” have had their hopes completely dashed.  U.S. workers continue to lose jobs at a staggering rate, and economic activity continues to remain at deeply suppressed levels all over the nation.  Of course this wasn’t supposed to happen now that states have been “reopening” … Read more

2020 Has Been A Miserable Year, And Americans Are The Unhappiest They Have Been In Ages

June 16, 2020 by Michael

What a year this has been so far.  First, the greatest public health crisis in 100 years hit us, then the U.S. economy imploded, and now the streets of many of our major cities resemble war zones after weeks of rioting, looting and violence.  It has been one thing after another, and this has taken … Read more

This Is Why We Are Facing A 6 Week Countdown To Immense Economic Despair…

June 15, 2020June 14, 2020 by Michael

Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that big trouble is on the horizon.  Right now, we are in the midst of the deepest economic downturn since the Great Depression of the 1930s.  Economic activity … Read more

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