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Michael Snyder: The U.S. economy is in a massive amount of trouble. There aren’t enough jobs. There isn’t enough money to go around. Business activity is slowing down again. Household wealth has been falling. Food prices have been rising. Many state and local governments Read more…
Michael Snyder: Is the petrodollar dead? Well, not yet, but the nails are being hammered into the coffin even as you read this. For decades, most of the nations of the world Read more…
Michael Snyder: Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about Read more…
Jared Cummans: Nouriel Roubini, known as “Dr. Doom” for his outlandish predictions on the economy, has a choppy forecast for the coming year. Back in May, Roubini predicted Read more…
Michael Snyder: Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily Read more…
Michael Snyder: If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided. Most Americans believe Read more…
Michael Snyder: Has Europe (NYSEARCA:VGK) finally been saved this time? Has this latest “breakthrough” solved the European debt crisis? Of course not, and you should know better by now. European leaders have held 18 summits since the beginning of the debt crisis. Read more…
Michael Snyder: You can almost always count on the Supreme Court to do the wrong thing. In fact, just about every major decision by the U.S. Supreme Court Read more…
Michael Snyder: How is money created? If you ask average people on the street this question, most of them have absolutely no idea. This is rather odd, because Read more…
Michael Snyder: The American Dream is being systematically destroyed right in front of our eyes and most Americans don’t even realize what is happening. In the old days, if you were a hard worker and you played by the rules you could always find a good job. Read more…
Michael Snyder: What is the biggest economic problem that the United States is facing? Very simply, our biggest problem is that we have way too much debt. Over the past Read more…
Michael Snyder: The election results from Greece (NYSEARCA:GREK) are in and the pro-bailout forces have won, but just barely. It is being projected that the pro-bailout New Democracy party Read more…
Jeff Nielson: In Part I, we were presented with a mythical “Goldilocks economy”; a contrivance of propaganda where B.S. Bernanke attempted to portray the U.S.’s worsening economic collapse as representing some sort of Golden Age. Read more…
Chris Martenson: At this moment, the news media is constantly clamoring about the “Three Ds” that are buffeting the markets: debt, deleveraging, and deflation. We intuitively sense that they’re linked — but how, exactly? Read more…
Michael Snyder: The summer of 2012 is shaping up to be very similar to the summer of 2008. Things look incredibly bleak for the global economy right now. Read more…
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