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Search Results for: Michael Snyder

U.S. Vegetable Prices Increased By A Whopping 38 Percent In November, But They Say Inflation Is “Under Control”

December 13, 2022 by Michael

The mainstream media is trying really hard to convince all of us that inflation will soon no longer be a problem, but meanwhile food prices continue to soar to absolutely absurd levels.  In fact, we just learned that vegetable prices increased by a whopping 38 percent in November.  When I originally saw that number, I … Read more

A Wall Street Bank Is Warning That Millions Of Americans Will Lose Their Jobs In 2023

December 12, 2022 by Michael

Is your job secure?  Over the past couple of years, American workers generally didn’t need to be concerned about job security.  Even if someone got fired unexpectedly, it was just so easy to find new employment because there simply was not enough able-bodied workers out there.  But now everything is changing.  Some of the largest … Read more

Hospitals Are Overflowing With Patients As Multiple Pestilences Sweep Across America

December 11, 2022December 11, 2022 by Michael

Winter hasn’t even begun yet, but cold weather diseases are already spreading like wildfire all over the United States.  The flu has returned in 2022 with a vengeance, new strains of COVID are reportedly starting to emerge, and RSV has hit some areas of the nation extremely hard.  I don’t ever remember seeing anything quite … Read more

Hundreds Of Thousands Of U.S. Homeowners Are Now Underwater On Their Mortgages As The Housing Crash Accelerates

December 8, 2022December 8, 2022 by Michael

Here we go again.  When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth.  When the Federal Reserve started to aggressively hike interest rates earlier this year, I warned that it would happen again, and now that day has … Read more

Can You Guess What Percentage Of Americans Are Having Trouble Paying Their Grocery Bills?

December 7, 2022 by Michael

For the first time in decades, the cost of food has become a major issue in America.  If rapidly rising food prices are not a problem for you, then you should be very thankful, because most of the country is really hurting right now.  The cost of food has been going up much faster than … Read more

We Are Being Warned That The Global Economy Is Having “One Of Its Worst Years In Three Decades”

December 6, 2022 by Michael

Will 2022 go down in history as one of the most important economic turning points that we have ever seen?  All over the planet, economic activity is beginning to decelerate and uncertainty about the future is in the air.  Meanwhile, the cost of living continues to escalate and a very painful energy crisis has begun.  … Read more

Could 65 Trillion Dollars In “Hidden” Derivatives Cause The Entire Global Financial System To Crash?

December 5, 2022 by Michael

If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us.  Most people just assume that the system is being managed by rational people that behave in rational ways, but of course countless investors assumed the same things about FTX.  Sadly, the … Read more

Gloomy December: Manufacturing Orders From China Are Down 40 Percent As Companies Brace For A Brutal Holiday Season

December 4, 2022December 4, 2022 by Michael

We continue to get more evidence that the U.S. economy is really slowing down.  As you will see below, the amount of stuff that we are ordering from manufacturers in China is plunging dramatically.  I have never seen a dip of this magnitude before, and I think that it is a really bad sign for … Read more

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