Search Results for: Michael Snyder

The biggest companies in the United States are giving the axe to hundreds of thousands of workers, but this should not come as a shock to any of us.  Officials at the Federal Reserve were warned over and over again that they were going to create an extremely harsh economic environment if they aggressively raised … Read more

Is another domino about to fall?  Our system was greatly shaken when Silicon Valley Bank and Signature Bank suddenly collapsed, but we seem to have weathered that storm.  But what will happen if an even larger bank goes under?  As of March 31st, First Republic had approximately 290 billion dollars in assets, and that makes … Read more

If we don’t get to have Tucker Carlson, they don’t get to have a network.  That is the message that we need to send to Fox News.  A few hours ago, I participated in the taping of a panel discussion about the firing of Tucker Carlson for a television show.  Former Fox News contributor Brigitte … Read more

Right now, financial institutions all over America are getting really tight with their money.  That means that less credit will be available for consumers and businesses, and that will mean less economic activity in the months ahead.  When economic activity slows down, more businesses fail, more layoffs happen, and more consumers start defaulting on their … Read more

Once in a while, there is a moment that embodies what is going on in our society as a whole.  For me, one of those moments came on Saturday night.  A 45 foot tall animatronic dragon at Disneyland erupted in flames, but most of the people at the park seemed to think that it was no … Read more

It appears that the crisis facing auto dealerships is far more dire than any of us thought.  Financial institutions are starting to get extremely tight with their money, and that is putting extreme stress on dealers all over the nation.  Many of us expected that this would happen, but it seems that things are moving … Read more

Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term problems are becoming short-term problems, and the economic outlook for the remainder of 2023 is extremely bleak.  But none of the economic hardships that we are experiencing at this moment should shock any … Read more

This isn’t what a civilized society is supposed to look like.  We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going nuts all over the country.  But this is what our nation has become.  Our major cities have become cesspools of lawlessness where violence can literally erupt at … Read more