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

Search Results for: Michael Snyder

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

This Is The Worst Employment Collapse In U.S. History By A Very Wide Margin

April 16, 2020 by Michael

We have never seen an “employment apocalypse” in the United States like we are witnessing right now, and it is not going to end any time soon.  Over the past several days, “coronavirus shutdowns” have officially been extended all over the nation, and the longer these shutdowns last the more jobs our economy is going … Read more

Will You Resume Normal Daily Activities Once The Coronavirus Restrictions Are Finally Lifted?

April 14, 2020April 14, 2020 by Michael

COVID-19 has turned all of our lives upside down, and most people are quite eager for a return to normalcy.  But as you will see below, fear of the coronavirus is going to prevent the vast majority of Americans from immediately resuming all of their normal daily activities once the coronavirus restrictions have been lifted.  … Read more

Now They Are Telling Us That Life In America Will Definitely Not Be Returning To Normal “For The Foreseeable Future”

April 13, 2020April 13, 2020 by Michael

If you thought that this pandemic would pass quickly and that life in America would soon return to “normal”, I am afraid that you are in for quite a shock.  Some of the restrictions currently in place will eventually be lifted, and efforts will be made to get people back to work, but life is … Read more

Deep Economic Suffering Has Erupted All Over America, But Guess Who The Federal Reserve Is Helping?

April 12, 2020April 12, 2020 by Michael

As millions upon millions of Americans lose their jobs in the greatest wave of unemployment in U.S. history, the Federal Reserve has decided that now is the time to spend trillions of newly created dollars in a desperate attempt to protect financial asset values.  In other words, as much of the country suddenly plunges into … Read more

They Shut Down America To Slow Down The Coronavirus, But In The Process They Killed The Economy

April 10, 2020 by Michael

Will our economy ever be the same again?  At this moment, we are still in the midst of the most comprehensive nationwide shutdown in American history, and nobody knows when it will finally end.  The primary reason why governors all over the country issued “shelter-in-place” orders was because they wanted to “flatten the curve”, and … Read more

These Very Alarming Numbers Show How People Are “Coping” With The Coronavirus Pandemic

April 7, 2020 by Michael

It is during times of great crisis that we find out who we really are.  Now that strict “shelter-in-place” orders have been instituted all over the world, most people have a lot more free time than usual.  Of course some are using all of this extra free time for constructive purposes, but many others have … Read more

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