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The Economic Collapse

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

Search Results for: Michael Snyder

This Is Why People All Over America Are Scared To Death Of Being Tested For The Coronavirus…

March 22, 2020March 22, 2020 by Michael

How would you feel if you received a bill for more than $34,000 after being tested and treated for the coronavirus?  This pandemic is showing the entire world that the U.S. healthcare system is deeply, deeply broken, and there is no way that we can continue to go on like this.  If coronavirus testing is … Read more

This Was The Worst Week For The Stock Market Since 2008, And “Jobless Filings Are Growing Geometrically”

March 20, 2020 by Michael

Just a few weeks ago everything seemed completely normal to most people, but now fear of the coronavirus has caused U.S. stock prices to absolutely implode.  The stock market crash of 2020 will forever be mentioned alongside the crashes of 1929, 1987 and 2008, and by the time it is over it could potentially end … Read more

Will This Be “Just A Recession” Or Will It Be “The Next Great Depression”?

March 19, 2020 by Michael

As America slowly but surely shuts down from coast to coast, everyone is acknowledging the fact that we are heading into a very serious economic downturn.  Originally, many experts were warning that this coronavirus pandemic could spark a recession, but now some are actually starting to use the “d” word.  Yesterday, I wrote about the … Read more

The U.S. Government Is Preparing For An 18 Month Pandemic And “Critical Shortages”

March 18, 2020March 18, 2020 by Michael

Are you prepared for the nationwide shutdown that is happening now to last for the next 18 months?  You may not believe that such a thing will happen, but the federal government apparently does.  A 100 page government plan marked “For Official Use Only // Not For Public Distribution or Release” was obtained by the New … Read more

The Coronavirus Collapse Is Here: Get Ready For The U.S. Unemployment Rate To Hit 20 Percent (Or Higher)

March 17, 2020March 17, 2020 by Michael

As communities all over America shut down in order to help prevent the spread of the coronavirus, job losses are already starting to rise to extremely alarming levels.  As you will see below, almost one out of every five households in the U.S. has already experienced “a layoff or a reduction in work hours” because … Read more

For The 3rd Time This Month, We Just Witnessed The Largest Single Day Point Crash In Stock Market History

March 16, 2020March 16, 2020 by Michael

We are literally witnessing history in the making.  For the third time in the last six trading sessions, we have witnessed the largest single day point crash in stock market history.  Let that sink in for a moment.  On March 9th, the Dow set a new record by falling 2,013 points.  Then on March 12th, … Read more

Did The Federal Reserve Just Purposely Try To Crash The Stock Market?

March 15, 2020March 15, 2020 by Michael

Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all.  Back on March 3rd, the Federal Reserve announced an unscheduled emergency interest rate cut for the very first time since 2008.  Wall Street immediately interpreted that as a “panic … Read more

Get Ready For Your Lifestyle To Change Indefinitely Because Of This Coronavirus Pandemic

March 12, 2020 by Michael

Fear of the coronavirus is causing shutdowns on a global scale like we have never seen before.  Just about every major sporting event that you can think of has been either canceled or postponed, schools and universities are keeping students away, global tourism is absolutely collapsing, churches are being shuttered, conferences and festivals are being … Read more

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