Search Results for: Michael Snyder

For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening.  China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead.  This is really bad news for … Read more

If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in the exact same boat.  Needless to say, the cost of living has become extremely oppressive, and that has put a tremendous amount of financial stress on U.S. families.  Unfortunately, the Federal Reserve has … Read more

Has the next major global pandemic already started?  Right now, multiple outbreaks are alarming world health authorities.  We all saw the fear that COVID caused, but the diseases that I am going to discuss in this article could potentially create far more panic if they were to start rapidly spreading among humans all over the … Read more

When a great tragedy happens, it should bring us together.  But instead, each new tragedy seems to tear us apart even more.  The Nashville shooting is a perfect example of this.  Instead of focusing on the victims and grieving for the lives that have been lost, many are using this tragedy as an opportunity to … Read more

What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes?  You might want to start thinking about that, because the truth is that the industry is in a tremendous amount of trouble.   Occupancy rates are extremely low and getting lower, rising interest rates have created all sorts of … Read more

A trillion dollars is a lot of money.  If you stacked a billion dollar bills on top of one another, the pile would be 67.9 miles high, but if you stacked a trillion dollar bills on top of one another the pile would be 67,866 miles high.  And if you lined up a trillion dollar … Read more

When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air.  A major credit contraction would be a nightmare scenario for the economy, and as you will see below, there is evidence that this is already starting to happen.  Hopefully … Read more

They actually did it.  The Federal Reserve just raised interest rates by another 25 basis points right in the middle of a major banking crisis.  I honestly do not understand what Fed officials are thinking.  They had already blown a 620 billion dollar black hole in the balance sheets of U.S. banks by raising rates … Read more