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The Economic Collapse

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Search Results for: Michael Snyder

This Is Going To Be The Worst Winter For The U.S. Economy In Modern Times

December 6, 2020December 6, 2020 by Michael

We already knew that this was going to be the worst winter for the U.S. economy since the Great Depression of the 1930s, but now a new round of lockdowns threatens to rip the guts out of hundreds of thousands of small businesses all around the country.  As I write this article, 33 million people … Read more

Can Employers Fire Any Employees That Choose Not To Take The COVID Vaccine?

December 3, 2020December 3, 2020 by Michael

A COVID vaccine is not even available yet, but the mainstream media is already full of stories about whether or not it is legal for employers to fire employees that refuse to take it.  To me, this is not even a debate that we should be having.  It would be fundamentally anti-American and morally reprehensible … Read more

The Economic Collapse Hits Home: Feeding America Says 1 Out Of 4 U.S. Children Could Suffer From Hunger By The End Of 2020

December 2, 2020 by Michael

There are approximately 74 million children in the United States, and right now millions upon millions of them do not have enough to eat.  The economic collapse that has started in 2020 has been brutal for most of the nation, but it has hit children particularly hard.  If their parents lose their jobs, there is … Read more

Yes, This Makes Perfect Sense: Cities All Over America Are Slashing Police Budgets As Crime Rates Soar

December 1, 2020December 1, 2020 by Michael

If violent crime rates are surging, should the police get more funding or less funding?  You would think that the answer should be obvious, but unfortunately major cities all over the nation are choosing to significantly reduce police budgets right now.  With less police on the streets, criminals are going to have even more freedom … Read more

After This New Wave Of Lockdowns, Most People Will Accept Any “Solution” Because They Will Be So Desperate

November 30, 2020 by Michael

When people become desperate enough, those in power can get most of them to do just about anything.  The first wave of lockdowns knocked us into the worst economic downturn since the Great Depression of the 1930s, it sent suicide rates soaring all over the globe, and it plunged millions upon millions of ordinary citizens … Read more

America’s Pride In The Economy Is About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021

November 29, 2020 by Michael

Unless there is emergency intervention, tens of millions of Americans could be facing eviction once the holiday season is over.  We kicked the can down the road throughout 2020, but all of the rent that was originally owed to landlords all over the country is still due, and they are very eager to collect.  Countless … Read more

We Haven’t Seen This Much Suffering On Thanksgiving Since The Great Depression Of The 1930s

November 25, 2020November 25, 2020 by Michael

In my entire lifetime, there has never been a Thanksgiving like this.  39 million Americans don’t have enough to eat right now, more than 70 million claims for unemployment benefits have been filed so far during this calendar year, and people are waiting in line for hours at food banks all over the nation just … Read more

The Dow Just Hit 30,000, But Meanwhile The Real Economy Is Having A Meltdown

November 24, 2020 by Michael

Did you hear the good news?  The Dow Jones Industrial Average hit 30,000 for the first time ever this week.  In the midst of the worst economic downturn since the Great Depression of the 1930s, the stock market has been soaring to heights that we have never seen before.  What we have been witnessing is … Read more

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