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Michael Snyder: If you were hoping for a recession in 2012, then you are going to be very happy with the numbers you are about to see. The U.S. economy is heading downhill just in time for the 2012 election. Retail sales have fallen for three months in a row for the first Read more…
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…
Dominique de Kevelioc de Bailleul: “The precious metal markets feel just like the summer of 2010,” Goldmoney Chairman James Turk told King World News, Monday. With European woes presently the primary focus among investors, as it was at about 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: 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: 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…
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…
Michael Snyder: When it comes to the financial world, it is important to listen to what the “smart money” is saying, but it is much more important to watch what the “smart money” is actually doing. Read more…
Michael Snyder: Why isn’t the U.S. economy in a depression right now? The number one reason is because the federal government has stolen more than five trillion dollars Read more…
Michael Snyder: Money is being pulled out of Greek (NYSEARCA:GREK) banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies. As I detailed yesterday, people do not want to be stuck with euros Read more…
Michael Snyder: The bank runs that we are watching right now in Greece (NYSEARCA:GREK) are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks. Read more…
NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:FAS, NYSE:FAZ, NYSE:FXE, NYSE:XLF
Michael Snyder: At a time when America desperately needs to come together, we are becoming more divided than ever. The mainstream media and most of our politicians love to pit us against one Read more…
Chris Martenson: A Broken Narrative: Recently I was asked by a high school teacher if I had any ideas about why students today seem so apathetic when it comes to engaging with the world around them. I waggishly responded, “Probably because they’re smart.” Read more…
Michael Snyder: The middle class in America is being systematically wiped out, and most people don’t even realize what is happening. Every single year, millions more Americans fall out of the middle class Read more…
Michael Snyder: Is America on the verge of a horrible municipal debt crisis? Unfortunately, the answer is yes. From coast to coast there are an increasing number of cities, towns and counties that are rapidly going broke. Financial analyst Meredith Whitney took a lot of heat when her prediction of a Read more…
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