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Search Results for: Michael Snyder

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

It Only Took 2 Days For Seattle’s “Autonomous Zone” To Descend Into Chaos…

June 11, 2020 by Michael

Protesters in Seattle decided that they were going to give us a living, breathing example of how the world should really operate.  The police were completely kicked out of a six block area of downtown Seattle, and armed guards were posted at all the entrances to the “Capital Hill Autonomous Zone” in order to make … Read more

No, The U.S. Economy Will Definitely Not Be Returning To “Normal”. In Fact, Things Will Soon Get Even Worse.

June 10, 2020June 10, 2020 by Michael

2020 has been quite a year so far.  It has been one nightmare after another, and yet the economic optimists continue to insist that economic activity will soon snap back to normal levels somehow.  So the economic optimists aren’t really alarmed by the fact that the core areas of our major cities have been torched, … Read more

As The Stock Market Soars, The Numbers Say That The Real Economy Is In The Midst Of A Historic Crash

June 8, 2020June 8, 2020 by Michael

Have you been watching the madness that has been unfolding on Wall Street?  Even though we are in the middle of the worst global pandemic in 100 years, and even though rioters and looters have been turning our major cities into war zones, stock prices have been going up day after day.  In fact, the … Read more

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