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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…
Michael Snyder: Why is the heartland of the United States experiencing such a horrific drought right now? At the moment, approximately 61 percent of the entire nation 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: Well, we just had another bad jobs report. The U.S. economy created just 80,000 new jobs during the month of June. Normally, about 125,000 new jobs need to be created every month just to keep up with population growth. Read more…
Michael Snyder: We always knew that the financial markets were rigged, but this is getting ridiculous. It is now being alleged that 20 major banks have been systematically fixing global interest rates for years. Barclays has already been fined Read more…
Michael Snyder: It is too early to panic, but if there is not a major change in the weather very soon we could be looking at widespread crop failures throughout the United States this summer. Record heat and crippling drought are absolutely devastating crops 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: What is the second half of 2012 going to bring? Are things going to get even worse than they are right now? Unfortunately, that appears more likely with each passing day. 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: Yes, it is officially time to start freaking out about the global economy. The European financial system is falling apart and it is going to go down hard. If Europe was going Read more…
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