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Search Results for: Michael Snyder

We Might As Well Face It – America Is Addicted To Debt

June 12, 2015June 15, 2015 by Michael

Corporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth.  We are literally drowning in red ink from sea to shining sea, and yet we just can’t help ourselves.  Consumer credit has doubled since the year 2000.  Student loan debt … Read more

‘You’re Fired – Now Train Your Much Cheaper Foreign Replacement’

June 3, 2015June 10, 2015 by Michael

If you were laid off from your job, would you be willing to train your replacement if your company threatened to take away your severance pay if you didn’t do it?  And how would you feel if your replacement came from India, and the only reason your company was replacing you was because the foreign … Read more

Guess How Many Nations In The World Do Not Have A Central Bank?

June 8, 2015 by Michael

Central banking has truly taken over the entire planet.  At this point, the only major nation on the globe that does not have a central bank is North Korea.  Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, but even if you count … Read more

American Pharoah: What A Perfect Description For The Guy In The White House

June 7, 2015 by Michael

A horse named “American Pharoah” just won the Triple Crown.  Is this some sort of a sign for America?  The office of the presidency was greatly strengthened under previous administrations, but now Barack Obama has grabbed an unprecedented amount of power for himself.  In this article, I am going to focus on immigration, but Obama’s … Read more

Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?

June 5, 2015 by Michael

Are they expecting something to happen?  As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action.  The countries that are being threatened in this manner include Italy and France.  If you fast forward two … Read more

The Central Banks Are Losing Control Of The Financial Markets

June 4, 2015 by Michael

Every great con game eventually comes to an end.  For years, global central banks have been manipulating the financial marketplace with their monetary voodoo.  Somehow, they have convinced investors around the world to invest tens of trillions of dollars into bonds that provide a return that is way under the real rate of inflation.  For … Read more

Investors Start To Panic As A Global Bond Market Crash Begins

June 3, 2015 by Michael

Is the financial collapse that so many are expecting in the second half of 2015 already starting?  Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now.  Since mid-April, the yield on 10 year German bonds has shot up from 0.05 percent … Read more

2 Things That Are Happening Right Now That Have Never Happened Outside Of A Recession

June 2, 2015June 2, 2015 by Michael

If we are not heading into a recession, why does our economy continue to act as if that is precisely what is happening?  As you will see below, we learned this week that factory orders have declined year over year for six months in a row.  That is something that has never happened outside of … Read more

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