Michael Snyder | Economic Collapse Blog
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one point before rebounding slightly. That...
Michael Snyder | Economics Collapse Blog
Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos. The euro has already fallen to a 20 month low, Italian government bonds are...
Michael Snyder | Economics Collapse Blog
Barack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means. In this article, I am going to share with you the primary reason why Barack Obama has been able to prop up the...
Eric Ruark | NumbersUSA
The Bureau of Labor Statistics released its monthly unemployment figures this morning. The headline of the press release read: “Payroll employment increases by 156,000 in September; unemployment rate little changed”
It’s true that little on the jobs front changed from August to September. This would be good...
Michael Snyder |Economics Collapse Blog
When people get hungry enough, they will do just about anything for some food.
According to brand new research that was just released this week from Feeding America and the Urban Institute, there are millions of teenagers in America that live in “food insecure” households, and...
Michael Snyder | Economics Collapse Blog
Just like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate. According to the Department of Housing and Urban Development, more than half a million people are homeless in America right...
Michael Snyder | Economic Collapse Blog
If you were hungry enough, would you kill and eat zoo animals? To most of us such a notion sounds absolutely insane, but this is actually happening in Venezuela right now. This is a country where people are standing in lines for up to 12...
Michael Snyder | Economics Collapse Blog
The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last...
Michael Snyder | Economic Collapse Blog
Is the time for warning people to prepare for what is ahead coming to an end? For years, bold men and women all over America have been sounding the alarm and warning people to get prepared physically, financially, mentally, emotionally and spiritually for the...