The Economy

August Will Be A Real Turning Point – Welcome To The Biggest Eviction Horror Show In U.S. History

It is the beginning of August, and a day of reckoning has finally arrived for renters all over the nation.  Since last September, a moratorium that was issued by the Centers for Disease Control and Prevention has been protecting millions of renters that have been unable or unwilling to make their monthly rent payments.  But now that moratorium is officially over, and all of that back rent is due.  For some renters, that will mean that nearly a full year of rent will need to be paid.  The millions of Americans that cannot or will not pay what is owed can now be legally evicted.  This is a major national disaster that has been building up for many months, and now it is finally here.

Welcome to the biggest eviction horror show in American history.

It is going to be a doozy.

Some are still desperately hoping that members of Congress will do something once they return from their August vacations.  At this point, that does not appear likely.

So for now, there doesn’t appear to be any hope of averting the largest eviction tsunami that any of us have ever seen.

Of course it was inevitable that this day was going to come sooner or later.  After all, what else could we do?  Did anyone out there actually think that it would be possible to tell landlords that they could never collect rent ever again?

If we did that, there wouldn’t be any more landlords.

So many landlords out there are really hurting financially right now.  In fact, some of them have not been able to collect rent from certain tenants since the eviction moratorium was first put into place last September…

Due to widespread job loss and the health risks of the Covid-19 pandemic, many renters in the US faced difficulty making their rent payments every month when the pandemic began in early 2020, and the federal government stepped in to prevent people from getting evicted in the midst of it. As part of this response, the Centers for Disease Control and Prevention instituted a moratorium in September 2020 that prevented landlords from evicting their tenants regardless of whether they could pay their monthly rent in full or at all.

Now the wait is over, and landlords have nearly a year’s worth of eviction notices to file.

During the early part of this week, landlords are going to be racing to take advantage of the opportunity that they suddenly have.  There is still a possibility that Congress could decide to do something in a few weeks, and so landlords will want to evict people as quickly as they can.

And we are talking about a massive number of people.  According to to USA Today, this eviction moratorium “was the only tool keeping millions of tenants in their homes”…

A federal freeze on most evictions enacted last year expired Saturday after President Joe Biden’s administration extended the original date by a month. The moratorium, put in place by the U.S. Centers for Disease Control and Prevention in September, was the only tool keeping millions of tenants in their homes. Many of them lost jobs during the coronavirus pandemic and had fallen months behind on their rent.

In this particular case, “millions” is not an exaggeration at all.

According to the Census Bureau, approximately 3.6 million Americans are potentially facing eviction within the next two months, and the Aspen Institute says that over 15 million Americans are currently behind in making rent payments…

More than 15 million people live in households that owe as much as $20 billion to their landlords, according to the Aspen Institute. As of July 5, roughly 3.6 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.

Others have come up with similar numbers.

On his website, Mike Shedlock shared numbers that he pulled from official U.S government data…

  • 7.43 million in rental properties are not current
  • 5.95 million owner occupied housing are not current
  • 8.71 million live in owner occupied homes where the homeowners have little or no confidence in ability to pay their mortgage
  • 12.71 million live in rental properties where the heads of household have little or no confidence in ability to pay their rent

This is a tragedy of unimaginable proportions.

And the fact that the deadline was pushed back several times just made the scale of the tragedy even larger.

In addition, we need to remember that enhanced federal unemployment benefits are ending in the majority of states in September.

A whole lot of people will soon be hit by a “double whammy”.  Their federal benefits are ending at the same time they are suddenly faced with a bill for all of their unpaid rent.

So what is this country going to look like when millions of impoverished Americans are suddenly thrown out into the streets?

Personally, I think that the stage has been set for civil unrest and riots.

Sadly, this is what can happen when we give people free rent for almost a year and then suddenly take it away.

Our system is simply not designed to handle a sudden disruption of this magnitude.  Public and private organizations will attempt to help those that are suffering, but they will be overwhelmed very rapidly.

Already, more than half a million Americans are homeless on any given night.

What will the number be after this unprecedented wave of evictions is over?

We are moving into deeply troubled times, and this wave of evictions has the potential to be a huge destabilizing force in our society.

Congress spent trillions and trillions of dollars to lift people out of poverty, but it didn’t work.

Day after day, our corporate media outlets will be filled with tragic stories about the people that are getting evicted, and we will be told how evil the landlords are for throwing them out.

But if landlords are not allowed to make money, there won’t be any rental properties at all.

Unless we just have the government own all of the rental properties, and that is called communism.

Ladies and gentlemen, August is going to be a real turning point, and the end of this moratorium is going to unleash a lot of chaos.

Unfortunately, I am expecting a whole lot more trouble to erupt as we steamroll toward the end of this calendar year.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

More Cowbell! Federal Reserve Officials Decide That More Inflation Is The Answer

Someone please make the madness stop.  Many years ago, when Saturday Night Live was still actually funny, comedian Will Ferrell starred in a skit that was entitled “More Cowbell”.  To this day, it remains one of the most famous skits in comedy history, and that is because it was absolutely hilarious.  If you have never seen it, you can find it right here.  Unfortunately for all of us, the Federal Reserve is now doing their own version of “More Cowbell”, but it isn’t funny at all.  At this point, Fed officials sound like a broken record, because month after month they just keep telling us that the answer to our growing economic problems is even more inflation.  They have completely gone off the deep end, but since most Americans are illiterate when it comes to economics hardly anyone is objecting.

Earlier today, I received an alarming email from one of my readers.  This particular reader was quite alarmed that the price of her favorite juice just went up three dollars, and I would have loved to tell her that these price increases are just “temporary” and that everything will go back to normal soon.

But I couldn’t do that, because that isn’t the truth.

On Wednesday, Fed officials once again voted to continue flooding the financial system with giant mountains of fresh cash…

The Federal Reserve open market committee has voted unanimously to continue the central bank’s easy money policies, again dismissing soaring inflation as ‘transitory’ and saying COVID-19 still poses risks to the economy.

The 11-member committee voted on Wednesday to keep the federal funds rate near zero and continue flooding the market with money through massive bond purchases ‘until substantial further progress’ is made on boosting employment.

“$120 billion a month in bond purchases” may sound boring to most Americans, but if people really understood what this was doing to our standard of living they would be protesting in the streets tomorrow morning.

On average, the Federal Reserve is pumping more than a billion dollars into our financial system every single hour.

This sort of thing is only supposed to be done during a major emergency.  The very first time that “quantitative easing” was used on a large scale was during the last financial crisis, and now it has basically become something that the Fed just does all the time.

As I discussed yesterday, the size of the Fed balance sheet has roughly doubled during this pandemic.  Of course this was going to cause inflation to spike.

On Wednesday, Fed Chair Jerome Powell openly admitted that “inflation could turn out to be higher and more persistent than we expected”.

Ya think?

But Powell also continued to insist that in the long-term inflation would go back down to 2 percent…

Indicators of long-term inflation expectations appear broadly consistent with our longer-run inflation goal of 2%. If we saw signs that the path of inflation or longer-term inflation expectations were moving materially and persistently beyond levels consistent with our goal, we’d be prepared to adjust the stance of policy.

What in the world is he smoking?

Does he actually believe that we can flood the system with trillions and trillions of fresh dollars and keep inflation down to about 2 percent at the same time?

If so, he should see a mental health professional immediately.

Right now, prices are skyrocketing all around us.  Earlier today, I came across an article that discussed how farmers are hurting because the price of hay has gone up by about 20 percent…

Local prices for large bales of hay — small bales are significantly more expensive — are shaping up to be around $210 a ton, DeRuwe said, around 20% more than the average year.

Yesterday, I discussed the fact that home prices are up 23 percent over the past year.

Apparently home prices are not yet high enough, because Fed officials want to flood the system with even more money.

Used car prices are up more than 45 percent over the past year.  In many cases, used cars are now selling for more than they were when they were brand new.

What we are now witnessing is completely and utterly insane, but the Fed is not the only one to blame.

Our politicians in Washington have been spending money like mad, and now another gigantic spending package is being discussed.

Fortunately, there is at least one Democrat in the Senate that thinks that Joe Biden’s 3.5 trillion dollar infrastructure package is just too big…

Sen. Kyrsten Sinema of Arizona on Wednesday came out in opposition to Democrats’ $3.5 trillion spending blueprint, virtually ensuring her party would be forced to make substantial cuts to get her on board.

In a statement to The Arizona Republic, the moderate Democrat said while she supported efforts to bolster the country’s economic competitiveness in an infrastructure plan, she believed the bill was too large.

In the end, we may see a package that is only about a trillion dollars in size.

But that is still utter madness.

Since the start of the pandemic, we have increased the size of our national debt by five trillion dollars, and now our politicians in Washington want to borrow and spend more giant mountains of money.

Earlier today, I came across an article about a “two-headed snake”…

An incredible video captures the moment a two-headed snake called Ben and Jerry devours two mice in each of is fanged mouths.

Reptile enthusiast Brian Barczyk shared the clip to his Instagram account, which shows each of the heads slowly chomping down on a pair of dead mice.

The two-headed reptile is the result of a phenomenon known as bicephaly, which occurs from the incomplete splitting of an embryo.

When I read that, I immediately thought about our current situation.

These days, the Federal Reserve and our politicians in Washington have become a “two-headed snake” that is relentlessly devouring our financial future.

If we stay on the path that we are on, there is no future for our country.

But it has become obvious that our leaders are not going to change.

Every time a new crisis erupts, their “solution” will be to create, borrow and spend even more money.

This “More Cowbell” approach to managing the economy is literally insane, but there will be no turning back now.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Let’s Compare The U.S. Economy Before The Pandemic To The U.S. Economy Today

Throughout the first half of 2021, there was a tremendous amount of optimism about the U.S. economy.  Many believed that the pandemic would soon be behind us and that a new era of great prosperity would soon be upon us.  But now the optimism that we witnessed is fading as Americans become increasingly concerned about inflation, shortages and rising debt levels.  Our leaders created, borrowed and spent trillions upon trillions of dollars in a desperate attempt to get our economy back on track, and it turns out that all of that money didn’t really have the enormous impact that they had hoped.  On the other hand, inflation is now beginning to spiral out of control, and many are comparing this time in our history to the Jimmy Carter era of the 1970s.

In this article, I would like to compare the state of the economy today to the state of the economy just before the pandemic started sweeping across the country.

As you will see, it appears that a tremendous amount of long-term damage has been done.

Let’s start by talking about employment.  Just before the pandemic hit, 152 million Americans were employed, but today only 145 million Americans are currently employed.

Many economists are telling us that it will probably take a number of years for employment to return to pre-pandemic levels, but that also assumes that we will not be facing another major economic downturn in the near future.

Needless to say, I do not share that rosy assessment.

The number of Americans that are considered to be “not in the labor force” has also not returned to pre-pandemic levels.

Just before the pandemic, 95 million Americans were considered to be “not in the labor force”, but now that number is up to more than 100 million.

We are being told that unemployment is “low” in this country even though more than 100 million people do not have jobs right now.

But according to John Williams of shadowstats.com, if honest numbers were being used the unemployment rate would currently be above 25 percent.

The good news is that at least we are not at 35 percent like we were during the peak of the pandemic.

Our politicians realized that things were really, really bad in 2020, and so they started spending money at a rate that we have never seen before.

All of this spending pushed our national debt from 23 trillion dollars prior to the pandemic to more than 28 trillion dollars today.

This is complete and utter insanity, but at least our politicians have been more restrained than the Federal Reserve has been.

During this pandemic, the size of the Fed balance sheet has nearly doubled.  It was sitting at about four trillion dollars just before the pandemic, and it has grown to more than eight trillion dollars today.

“Economic malpractice” is way too soft a term to describe what the Fed has been doing.

If the American people truly understood the Fed and what it has been doing to our currency, there would be wild protests in the streets tomorrow morning.

Collectively, our politicians and the Federal Reserve have pushed the size of our money supply to dizzying heights.  Just before the pandemic, M2 was sitting at about 15 trillion dollars, and now it has crossed the 20 trillion dollar threshold.

Anyone that believed that we could do this without causing rip-roaring inflation was just being delusional.

Just look at what has been happening to home prices.  They have been rising at the fastest pace ever recorded, and families all over America are feeling the pain.

A few days ago, I published an article in which I explained that home prices are 23 percent higher than they were at this time one year ago…

The median price for an existing home in June hit an all-time high of $363,300, up 23% over last year. That marks 112 straight months of year-over-year gains.

Needless to say, the vast majority of Americans have not had their paychecks increase by 23 percent over the past year.

The gap between the ultra-wealthy and the rest of us just keeps getting bigger and bigger, and the middle class is shrinking a little bit more with each passing month.

These days, we also have widespread shortages to deal with.  Prior to the pandemic, I don’t remember ever hearing about any major shortages, but now they are all around us.

In particular, the chip shortage has been incredibly painful for a lot of Americans, and the CEO of Intel is now telling us that it could last into 2023…

One of the leading voices in the semiconductor industry sees the chip-supply problems stretching as far as 2023.

It could take one or two years to get back to a reasonable supply-and-demand balance in the semiconductor industry, Intel CEO Pat Gelsinger said in an interview with The Wall Street Journal after the company posted second-quarter earnings on Thursday. “We have a long way to go yet,” he said. “It just takes a long time to build [manufacturing] capacity.”

At first, a lot of Americans believed our leaders when they were told that wonderful days were just around the corner.

But now reality is starting to set in.

Faith in “the recovery” is fading, and at this point more than half of all Americans believe that the economy is in poor shape…

Fewer than half of Americans, 45 percent, judge the economy to be in good shape, while 54 percent say it’s in poor shape, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. Views are similar to what they were in AP-NORC polls in June and in March, despite increases in vaccinations and the flow of aid from Biden’s $1.9 trillion coronavirus relief package.

If most Americans are dissatisfied with the economy today, how will they be feeling if economic conditions are even worse six months from now?

In my opinion, we should be very thankful that economic conditions have been relatively stable in recent months, because the long-term outlook for our economy is not good at all.

Our leaders are literally in the process of committing national financial suicide, and the whole world will be affected since we produce the reserve currency that the entire planet depends upon.

So enjoy these relatively good times while you still can, because eventually they will be gone for good.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Inflation Shock: Are You Ready To Start Paying “$40 Or $50” For A Hamburger?

After decades of living in a relatively low inflation environment, it is hard for most Americans to believe that things have gotten so bad so quickly.  In fact, even though I write about this stuff almost every day, it is hard for me to believe it.  We are watching prices spiral out of control all over the nation, and we know precisely who is to blame.  During the pandemic, our politicians in Washington have been borrowing and spending money at an unprecedented rate, and this has pushed our national debt up to 28 trillion dollars.  Meanwhile, the Federal Reserve has been pumping trillions of fresh dollars into our financial system, and this has resulted in the Fed balance sheet nearly doubling over the course of this pandemic.  I have used the term “economic malpractice” to describe what our leaders are doing, but it is actually far worse than that.  They are literally in the process of destroying our economy, and even after so many experts have pointed out their colossal errors they still won’t stop.  They just keep creating more money, and now we have a horrific inflation crisis on our hands.

Following Joe Biden’s town hall on Wednesday night, the Daily Mail spoke to a restaurant manager in Manhattan named John Stratidis.  According to Stratidis, rising costs and rising wages will mean that consumers will have to pay more for their meals.  In fact, he is warning that New Yorkers could end up “paying $40 or $50 for a hamburger”…

‘When minimum wage goes up, who do you think is going to pay for that? The customer. Everything is going to go up just to be able to stay in business. When we give more money, the prices go up and when the prices go up who’s going to pay for that?

‘They’re going to be crying about it, and saying “it’s too expensive”. That’s inflation. You’re going to be walking in somewhere to eat something and paying $40 or $50 for a hamburger.’

Obviously, we aren’t at that point yet.

But if we stay on the path that we are currently on, we will eventually get there.

In some tourist traps, prices for burgers are already completely insane.  For example, one Las Vegas restaurant is now selling a burger that costs $100…

Located on the casino floor and a few steps from the poker lounge, Posh Burger offers seven burger choices, ranging from a $12 traditional hamburger to a $23 half-pound “super deluxe” waygyu steak burger, plus the option of a $16 vegetarian Impossible burger.

For diners looking to play out their high roller fantasies, an eye-catching $100 menu highlight is dubbed the Posh Royale Burger and created with wagyu beef, truffle, foie gras, gold dust, a garnish of lettuce, tomato, onion, pickles, and the secret Posh sauce.

That is crazy, but that isn’t even the most expensive burger around.

In the Netherlands, one luxury chef is actually selling a burger for $6,000.

I still remember the days when you could get a nice, thick fancy burger with all of the fixings for less than a dollar.

Sadly, those days are long gone, and food prices are now rising at a frightening pace all over the country.

The other day, billionaire John Catsimatidis made headlines when he warned that there would be a double digit spike in food prices “by October first”…

Catsimatidis said that he expects a 10 to 14% spike in food prices by October first.

FOX Business’ Ashley Webster asked Catsimatidis if he is going to be forced to pass the extra costs onto consumers.

“You have to pass it on otherwise you’re not doing your duty to guard your country, your employees and your company,” he responded.

But at least housing is still affordable, right?

Actually, CNN is reporting that home prices are 23 percent higher than they were at the same time a year ago…

The median price for an existing home in June hit an all-time high of $363,300, up 23% over last year. That marks 112 straight months of year-over-year gains.

23 percent in one year!

Has your paycheck gone up by 23 percent over the past year?

If not, you are rapidly losing ground.

Renters are not faring much better.  In some of the hottest rental markets around the country, rents have risen by more than 20 percent.  The following example comes from the New York Times…

Kaitlin Cindrich is facing a $200 monthly increase in rent this August if she and her husband can renew their apartment lease in Provo, Utah. That 25 percent jump is not something she expected, and the 21-year-old fears she may have to skip doctor appointments for her autoimmune disease to keep up with the payments.

Still, she acknowledges there isn’t much choice but to pay more. “We are hoping to stay because everything is so expensive right now that I would be paying the same whether I’m here or somewhere else,” Ms. Cindrich said.

Some markets are seeing more moderate increases, but overall we have seen rental prices increase by 9.2 percent up to this point in 2021…

Data from Apartment List, a listing site, confirms the trend visible in the Zillow numbers: So far in 2021, rental prices nationally have grown 9.2 percent, compared with the 2 to 3 percent that is typical from January to June. According to the most recent data available, prices were higher than economists at Apartment List would have expected had prepandemic trends persisted.

So what will the rest of 2021 look like?

Will rental prices have risen by a total of 15 or 20 percent by the time the year is through?

The Biden administration continues to insist that inflation is “low”, but hardly anyone believes them.

In fact, one recent survey found that 70 percent of Americans are “extremely or very concerned” about inflation…

A new internal poll from the National Republican Congressional Committee (NRCC) shows growing concerns about rising inflation in a number of battleground districts ahead of 2022.

Seventy percent of respondents said they were either “extremely or very concerned” about rising prices and the rising costs of living, according to the polling memo released Thursday. Additionally, 60 percent of voters said they disapproved of President Biden‘s handling of rising prices and the higher cost of living. On top of that, the poll found that 42 percent of people polled were more likely to blame Biden and congressional Democrats for rising prices. Ten percent said they were more likely to blame congressional Republicans.

If you are in the 30 percent that is not very concerned about inflation, you should be, because it is going to absolutely suck the life out of your standard of living.

Meanwhile, more shortages continue to pop up throughout our economy.

Earlier today, I was stunned to learn that a shortage of back-to-school supplies is now being projected…

Back-to-school shopping is always a nightmare. This year, expect it to be even worse.

While parents may be used to encountering shortages of items like sneakers, backpacks and gadgets later in the season -— which typically lasts from mid-July through the end of August — products are expected to be in tight supply even earlier. That means shoppers could find themselves picking over the handful of ugly backpacks and bento lunch boxes with missing pieces left at the store as early as this month.

In the new book that I just released, I have an entire chapter about hyperinflation and shortages.  Everyone could see this coming from a mile away, but our leaders just couldn’t help themselves.

Whenever a major crisis comes along, their only answer is to create, borrow and spend more money.

Many are comparing this to the Jimmy Carter era of the 1970s, but the truth is that what we are facing is much worse than that.

We are literally witnessing our nation commit slow-motion economic suicide, and it is absolutely horrifying to watch.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five others that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

This Is The Worst Inflation Since The 1970s, And The Stage Is Being Set For The Total Collapse Of The U.S. Economy

How does it feel to live in a country with double-digit inflation?  On Tuesday, the Bureau of Labor Statistics told us that the consumer price index has risen 5.4 percent over the past 12 months, and such a high number shocked a lot of people.  But in order to make a fair comparison to the past, we have to account for the fact that the way inflation is calculated has been changed literally dozens of times over the past several decades.  According to John Williams of shadowstats.com, if inflation was still calculated the way that it was back in 1990, the official rate of inflation over the past 12 months would be about 9 percent.  And if inflation was still calculated the way that it was back in 1980, the official rate of inflation over the past 12 months would be well into double-digits.

Everyone that has been warning that we could soon see inflation rise to levels that we haven’t witnessed since the the Jimmy Carter years can stop, because we are already there.

The Bureau of Labor Statistics is committing fraud, because the numbers that they give us are almost meaningless.  For example, U.S. home prices have risen 20 percent over the past year, but the “shelter component of inflation” makes up only a tiny fraction of the overall consumer price index…

We’ll get the latest read on inflation Tuesday, when the Bureau of Labor Statistics puts out its consumer price index for the month of June. As you may recall, the May report showed the biggest annual increase in consumer prices, 5%, in 13 years. But if you’re looking for the recent jump in home prices to show up in that number, you’re likely to be disappointed. The shelter component of inflation, as measured by the CPI, has stayed pretty steady, from around 2% to 3.5%, for the past decade. And some economists have a problem with that.

Wouldn’t it be wonderful if your mortgage payment accounted for only 3.5 percent of your overall budget each month?

Needless to say, such a figure is completely and totally unrealistic.

For most of us, housing is the single biggest expense that we face on a regular basis.  And as I have documented in many previous articles, housing costs have been soaring into the stratosphere in recent months.

Car prices are also rising at an extremely alarming pace.  According to CNN, the average price of a new car has shot up 12 percent over the past year…

In May, the average new car price hit a record $38,255, according to JD Power, up 12% from the same period a year ago. About two-thirds of car buyers paid within 5% of the sticker price in May, with some paying even more.

Instead of buying a new vehicle, you could purchase a used one instead, but used car prices increased 10.5 percent in just the last month…

Last month alone, average used car prices soared 10.5 percent – the largest such monthly increase since record-keeping began in January 1953. That spike accounted for about one-third of the monthly increase for the third straight month.

Renting vehicles has gotten a lot more expensive as well.

In fact, average rental rates are up a whopping 86 percent since this point in 2020…

Daily car rental rates have increased 86% compared to this time last year and 140% more than 2019, according to Julie Hall, a spokesperson for AAA.

The “5.4 percent inflation” fairly tale that the Labor Department is trying to sell us is absolutely laughable.

And as long as they keep putting out such doctored numbers, they are going to have zero credibility.

Everyone can see that prices are skyrocketing all around us.  In such an environment, a restaurant in New York can charge 200 dollars for French fries and some people will actually pay that price…

Serendipity3, the iconic Upper East Side restaurant, set a Guinness World Records title for making the “Most Expensive French Fries” — just in time to celebrate National French Fry Day Tuesday!

Serendipity3’s Creative Director and Chef Joe Calderone and Corporate Executive Chef Frederick Schoen-Kiewert are the masterminds behind the “Creme de la Creme Pommes Frites,” which cost a whopping $200.

Our leaders thought that they could pump trillions upon trillions of fresh dollars into the system without any serious consequences.

Sadly, they were dead wrong.

Inflation is wildly out of control, and one economist just told Breitbart News that the U.S. is starting “to look a little bit like a Latin American country”…

Desmond Lachman, an economist and senior fellow with the American Enterprise Institute (AEI), told Breitbart News on Sunday that the U.S. is beginning to resemble a Latin American country given its inflation, government spending, and printing of money.

“[The U.S. is] in [a]very bad position from a long-term point of view. I don’t see how this can end well when we’re running — now — budget deficits something like 15 percent of GDP,” Lachman said on SiriusXM’s Breitbart News Sunday with host Joel Pollak. “This is beginning to look a little bit like a Latin American country.”

It is actually much worse than that.

The truth is that we are in the terminal phase of the greatest debt bubble in the history of the world, and at such a critical moment U.S. officials have decided to systematically destroy the value of the reserve currency of the planet.

Prior to the pandemic, the U.S. government was stealing more than a hundred million dollars an hour from future generations of Americans, but now our politicians have upped that rate to more than 300 million dollars an hour.

And when the next major crisis comes along, they will pass even more “emergency packages”, because spending money is the only solution they have.

Meanwhile, the Federal Reserve continues to pump giant mountains of money into the financial system.  Since September 2019, the size of the Fed balance sheet has more than doubled, and that should be considered a crime against humanity.

Unfortunately, the vast majority of Americans don’t even know what the Federal Reserve is, and only a small fraction of the population actually understands what they are currently doing to our financial system.

Facing no significant resistance, our politicians will continue to get us into staggering amounts of debt, and the Fed will continue to transform the U.S. dollar into toilet paper.

Sadly, what they are doing is setting the stage for the collapse of the late, great U.S. economy, and the economic pain that is ahead will affect every single man, woman and child on the entire planet.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook, Twitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Millions Of Low Paying “Jobs” Are Available, But Most Americans Can’t Afford To Take Them

There are more job openings in the United States than ever before, but the vast majority of the available “jobs” pay so little that most Americans don’t want them.  If working extremely long hours for some employer is not even going to lift you out of poverty, then you are probably better off taking whatever government assistance that you can get until a decent paying job eventually comes along.  For example, if you get a job that pays 10 dollars an hour and you work full-time hours every week, you will earn somewhere around $1,600 a month before taxes.  Needless to say, you can’t survive in most U.S. cities on $1,600 a month these days.  It would have been tough to make it on $1,600 a month before the pandemic, but now we are in a highly inflationary environment.  Housing costs are absolutely skyrocketing, health insurance premiums are at extremely ridiculous levels and food prices have been rising aggressively.  The higher the cost of living gets, the less attractive low paying jobs are going to become.

Having said that, it is still good news that the number of job openings is sitting at a record high right now…

Job openings in the U.S. rose slightly in May to a record 9.21 million, reflecting an insatiable demand for labor as the economy fully reopens and businesses scramble to keep up with soaring sales for their goods and services.

The number of available jobs has set a record for three straight months. Job openings had fallen to as low as 4.6 million last year after the coronavirus pandemic briefly shut down much of the economy.

Having lots of jobs available is better than not having a lot of jobs available, but of course the vast majority of those “jobs” could not support a middle class lifestyle for an average American family.

Some have been using the term “labor shortage” to describe what is going on out there, but in reality what we are really facing is a shortage of jobs that people are actually willing to work.

Even though there are supposedly so many “jobs” available at this moment, the unemployment rate in this country actually went up last month…

“There’s simply no labor shortage when you’re talking about finding house cleaners for a hotel — there is a shortage of workers who want to work at what you’re offering,” said Sylvia Allegretto, a UC Berkeley labor economist. She said the country is experiencing a “wage and benefits shortage.”

A labor shortage implies there aren’t enough available workers to fill open jobs, but this is not the case nationally, or in California. National unemployment in June was 5.9%, up from 5.8% in May, in part because the number of people looking for jobs grew, according to data from the Labor Department on Friday. California’s unemployment is tracking higher, at 7.9% in May.

Of course it doesn’t help that being unemployed pays quite handsomely in many states these days.

If you can make more money doing nothing, it simply doesn’t make sense to work.

In order to encourage more people to work, many large chains in the restaurant industry are now raising wages substantially…

Job openings in the accommodation and food services sector increased from 1.16 million in April to 1.25 million in May.

To entice workers to stay — and to hire more people — restaurants have been raising wages. Darden Restaurants (DRI), which owns Olive Garden, announced in March that it is hiking pay. McDonald’s (MCD), too, announced wage hikes for employees at corporate-owned stores in May. Others have done the same.

Large corporate chains can do this because they have deep pockets.

But millions of small businesses all over the country that deeply struggled during the pandemic are not in the same position.

Ultimately, a lot of small business owners find themselves doing more and more of the work themselves because they simply can’t find enough people to work for the wages that they are offering.  Here is just one example…

Jarvis Young, who owns a Papa John’s in Los Angeles with his wife, is struggling to staff up at all levels, from managers to delivery drivers. He employs 16 workers and said he needs closer to 23.

He has started borrowing employees from other Papa John’s franchises to keep up with demand. Until they hire one, his wife is acting as the general manager. The two of them sometimes deliver pizzas — not quite what they envisioned for themselves as franchise owners. “At the end of the day, this is our business,” he said.

Today, there are tens of millions of Americans that are considered to be among the “working poor”, and that number is growing with each passing day.

The cost of living is rising far faster than our paychecks are, and an increasing number of Americans are not even able to afford the basics.

For instance, everyone needs a place to live.  Unfortunately, home prices have surged so dramatically this year that the percentage of Americans that say that it is a “bad time to buy a home” has risen to the highest level ever recorded…

The percentage who said that it was a “bad time to buy a home” spiked over the past three months from record to record and in June hit 64%. Consumers cited home prices as the predominant reason.

A record low 32% of the respondents said that it was still a good time to buy a home, while the percentage of fence-sitters who didn’t know dropped to 4%.

And just trying to buy enough food to eat is becoming a challenge for a lot of people.

When I went to the grocery store this week, I was stunned to see how high prices had become.  Of course some manufacturers are trying to hide price increases by shrinking the sizes of their packages, and this is something that NPR did an article on the other day…

A couple of weeks ago, Edgar Dworsky walked into a Stop & Shop grocery store in Somerville, Mass., like a detective entering a murder scene.

He stepped into the cereal aisle, where he hoped to find the smoking gun. He scanned the shelves. Oh no, he thought. He was too late. The store had already replaced old General Mills cereal boxes — such as Cheerios and Cocoa Puffs — with newer ones. It was as though the suspect’s fingerprints had been wiped clean.

But Dworsky’s story didn’t end there.  He decided to check out the back of the store, and it was there that he discovered what he was searching for...

Then Dworsky headed toward the back of the store. Sure enough, old boxes of Cocoa Puffs and Apple Cinnamon Cheerios were stacked at the end of one of the aisles. He grabbed an old box of Cocoa Puffs and put it side by side with the new one. Aha! The tip he had received was right on the money. General Mills had downsized the contents of its “family size” boxes from 19.3 ounces to 18.1 ounces.

Dworsky went to the checkout aisle, and both boxes — gasp! — were the same price. It was an open-and-shut case: General Mills is yet another perpetrator of “shrinkflation.”

As I discussed a few days ago, we are going to be in a high inflation environment for the foreseeable future.

That means that low paying jobs will just become less and less attractive.

So employers can boast that they have as many “job openings” as they want, but if wage growth continues to lag way behind the real rate of inflation most of those jobs will continue to remain empty.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook, Twitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

5 Specific Reasons Why You Should Stockpile Food Right Now

For decades, Americans have not needed to be concerned about food prices.  Yes, prices would always go up by a little bit each year, but in general we have been extremely blessed for a very long time.  Our supermarkets have always been packed with food, and we could always count on the fact that prices would be about the same a month or two down the road.  Unfortunately, things are now changing, and not in a good way.  A massive wave of inflation has hit agricultural commodities, and food producers have felt forced to pass those cost increases along to consumers.  Unfortunately, many experts are anticipating that the price hikes that we are currently witnessing are just the beginning.

So even though food prices have already become quite painful, they are never going to be any lower than they are at this moment.

Looking forward, there are several factors that are likely to combine to cause food inflation to accelerate even more in the months ahead.  The following are 5 specific reasons why you should stockpile food right now…

#1 Supermarkets are feverishly stockpiling food, and the Wall Street Journal is reporting that they are doing this in anticipation of “the highest price increases in recent memory”…

Supermarkets are stocking up on everything from sugar to frozen meat before they get more pricey, girding for what some executives anticipate will be some of the highest price increases in recent memory.

This only makes good business sense.  If you can get inventory now for significantly less than you will be able to get it for later, that will help your bottom line.

The Wall Street Journal is admitting that all of this stockpiling “is driving shortages of some staples”, but it is expected that these shortages will just be temporary.

I can’t remember a time when we have seen anything quite like this.  At this point, some companies are purchasing up to 25 percent more food than normal…

David Smith, CEO of the US’s largest wholesaler Associated Wholesale Grocers, told the Wall Street Journal they have been buying 15 to 20 percent more goods – particularly packaged foods with long shelf lives.

‘We’re buying a lot of everything. Our inventories are up significantly over the same period last year,’ said Smith.

At SpartanNash in Michigan, the retailer has bought up around 20 to 25 percent more than normal including frozen meat.

#2 The U.S. government is going to continue recklessly spending money, and the Federal Reserve is going to keep pumping more giant mountains of fresh cash into the financial system.

The Biden administration doesn’t seem to have an “off button”, and neither does the Fed.  The U.S. national debt is moving up toward the 29 trillion dollar mark very rapidly, and the Fed’s balance sheet has more than doubled over the past year.

Unless there is some sort of a dramatic reversal, and I don’t see why there would be, this continual flow of new money will continue to push food prices even higher.

#3 Gas prices keep surging, and this is making it more expensive to transport food around the country.

According to the AAA Gas Price Index, the average price of a gallon of gasoline is up 56 percent from what it was last May…

Transport costs are also rising with gas prices rising 56 percent in May from a year ago.

On Friday, the AAA Gas Price Index pegged the national average gas price at $3.086, up from $2.171 one year ago.

#4 The endless “megadrought” in the western states just continues to intensify.

If you look at the latest U.S. Drought Monitor map, it is a horror show.  We haven’t seen anything like this since the Dust Bowl days of the 1930s, and water levels are dropping dangerously low.

For example, the water level in Great Salt Lake is expected to hit the lowest level in 170 years this summer…

The lake’s levels are expected to hit a 170-year low this year. It comes as the drought has the U.S. West bracing for a brutal wildfire season and coping with already low reservoirs. Utah Gov. Spencer Cox, a Republican, has begged people to cut back on lawn watering and “pray for rain.”

For the Great Salt Lake, though, it is only the latest challenge. People for years have been diverting water from rivers that flow into the lake to water crops and supply homes. Because the lake is shallow — about 35 feet (11 meters) at its deepest point — less water quickly translates to receding shorelines.

Because there is not enough water, many farmers are having to dramatically reduce the amount of crops that they are growing.

Small farmer Mindy Perkovich is only growing produce on one of her seven acres at this point, and she openly admits that she doesn’t know if she will even have enough water for that…

Perkovich typically grows things like turnips, squash and tomatoes for the local market on seven acres. This season, though, she’s had to cut her crops down to less than a single acre.

“We don’t know if we’re gonna have water to keep that alive,” she says. “Financially, I can’t really even express how dramatic it’s changed in the last couple years, water-wise, because without water, we can’t grow crops without crops, we have nothing to sell to our consumers.”

Agricultural production in the western states will be lower than originally anticipated this year, and that will also put upward pressure on food prices in the coming months.

#5 On top of everything else, an enormous plague of grasshoppers is now causing massive headaches for farmers in our western states.

As I discussed on Sunday, the extremely hot and extremely dry conditions are perfect for grasshoppers, and they have been multiplying like crazy.

In some areas, the swarms are so thick that “it can appear the earth is moving”, and there are times when the swarms are so large that they are actually appearing on radar.

Seven states are being hit particularly hard, and the federal government is going to begin a large scale spraying campaign.  The spraying may reduce the plague, but all of the experts agree that it will not stop it.

Grasshoppers will continue to eat our crops on a massive scale for many months to come, and this is another factor that will be driving up food prices.

So, to summarize, the outlook for the months ahead is rather bleak.

A number of factors are going to combine to push prices significantly higher, and so if you can afford to stock up you should be doing so.

Our leaders continue to insist that this bout of inflation is just “transitory”, and you can believe them if you like.

But the truth is that high inflation is here to stay, and what we have experienced so far is just the tip of the iceberg.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook, Twitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Home Prices Just Did Something That They Have Never Done Before

Everyone knew that home prices were going crazy, and now we have some solid numbers that are simply incredible.  Home prices are rising faster than they ever have before, and so if you are shopping for a home in this environment I truly feel sorry for you.  In many parts of the country, average hard working American families have already been completely priced out of the market.  Prior to the pandemic, the largest price bubbles were in major urban areas along both coasts, but now desirable rural and suburban communities all over the nation are red hot.  In some cases, we have seen wild bidding wars that result in buyers paying more than a million dollars over asking price, and this unprecedented frenzy is pushing home prices to dizzying heights.

On Tuesday, the S&P CoreLogic Case-Shiller home price data for the month of April was released, and it quickly made headlines all across America…

U.S. home prices jumped the most in more than 30 years in April.

Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 14.6% from a year earlier, according to a statement Tuesday, the biggest gain in data going back to 1988. That came after 13.2% increase in March, and was the 11th straight month that price gains accelerated.

This particular series of data only goes back to 1988, and in all that time we have never seen a rise of this magnitude.

One expert that is being quoted by CNBC is calling the rise in prices “truly extraordinary”…

“April’s performance was truly extraordinary. The 14.6% gain in the National Composite is literally the highest reading in more than 30 years of S&P CoreLogic Case-Shiller data,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices.

Redfin has also released new numbers, and their numbers show an even faster rate of increase for home prices…

… it makes sense that home prices are also surging thanks to trillions in stimmy checks, near-record low mortgage rates and an exodus away from cities, and as we noted two last month that’s precisely what they are doing, with Redfin reporting an 18% jump in median home sale prices to an all time high…

… as a record 58% of all houses sell within two weeks of listing, of which 45% sell for more than their listing price, also a record.

But don’t worry about these numbers.  Officials at the Federal Reserve insist that inflation is “low” and that they have everything under control.

If you can’t afford to buy a home, you can still try to rent a place, but rent prices are also starting to explode in many areas around the country…

Leading the trend is Boise, ID, where rents grew another 6 percent in June and are now up 39 percent since the start of the pandemic. But the fastest single-month rent growth took place in Spokane, WA, where prices shot up 8.1 percent in June and sit 31 percent above pre-pandemic levels. After that, a handful of fast-growing cities have experienced roughly 20 percent price appreciation over the last year and a half. With the exception of Virginia Beach, VA, all of them are located in the Western United States, absorbing the rental demand overflowing from nearby, pricey metros like the San Francisco Bay Area and Greater Los Angeles.

Those that are having their rents jacked up will be just fine as long as their paychecks are increasing at the same rate.

Oh, but that isn’t happening for most people, is it?

Vehicle prices are getting crazy too.  According to the Wall Street Journal, some dealers are now selling new vehicles for “thousands of dollars” above the sticker price…

Some buyers say they have encountered dealerships asking for thousands of dollars above MSRP. And analysts and dealers say the practice is becoming more widespread and occurring on a wider range of vehicles, including more mainstream models that typically wouldn’t be targeted for such price increases.

In the old days, the goal was to negotiate a deal that was as far below sticker price as possible.

Unfortunately, these days many customers are willingly making offers that are much higher than the MSRP….

“I was shocked,” said Ken Baird, a 61-year-old Boca Raton, Fla., resident who was recently shopping for a Kia Telluride. The window sticker on the particular model he was looking at read $45,000, and he said he offered to pay $3,000 over that knowing the vehicle was in high demand.

Needless to say, food prices are getting very painful as well.

In fact, an official at one food bank in Chicago says that their food purchasing budget “has doubled” over the past 12 months…

Soaring food prices aren’t just impacting financially strapped families and the working poor. They’re also affecting the mission of US food banks who are spending a lot more on food than ever before.

“We’re already spending a lot more on food than we have in years past,” said Greg Trotter, a spokesman for the Greater Chicago Food Depository, a large food bank, who spoke with VOA News. “Our food purchasing budget has doubled this year.”

All of this has been caused by the actions of our leaders.  Our politicians in Washington decided to go on the greatest spending binge in history and the Fed decided to pump trillions of fresh dollars into the financial system in order to “save the economy”, and now we have rip-roaring inflation as a result.

In addition to very painful inflation, we are also now dealing with widespread shortages.  For example, as the holiday weekend approaches many locations around the nation are once again running out of gasoline…

Gas stations across the country are running out of gasoline just as 43 million Americans are preparing to hit the road for the July 4th holiday weekend.

Those that do manage to find gas are likely to find some of the highest prices in almost seven years, with gas now averaging $3.10 a gallon across the US – the highest since October 2014.

The corporate media would have us believe that extremely high inflation and widespread shortages are signs that the U.S. economy is “booming”.

But to me, it sounds way too much like a rerun of the Jimmy Carter era of the 1970s.

Sadly, this is just the start of the pain.  The politicians in Washington continue to spend money like drunken sailors, and the Federal Reserve continues to pump more fresh cash into the financial system each week.

So the short-term outlook is quite bleak, and the long-term outlook is even worse.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook, Twitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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