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Michael Snyder: For decades our politicians have promised us that the “free trade” agenda would bring us greater prosperity than ever before. They insisted that merging our economy into the emerging one world economy would cause millions upon millions of new jobs Read more…
Michael Snyder: How in the world is someone supposed to actually prepare for an economic collapse? What should you do with your money? How can you make 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: In recent days, New York Times economist Paul Krugman has been doing a whole bunch of interviews in which he has declared that the solution to our economic problems is very easy. Krugman says that all we need to do to get the global economy going again is for the governments of the world Read more…
Michael Snyder: What happens when debt-fueled false prosperity disappears? Just look at Spain (NYSEARCA:EWP). The 4th largest economy in Europe (NYSEARCA:VGK) was riding high during the Read more…
NYSE:EUO, NYSE:EWJ, NYSE:EWP, NYSE:IEV, NYSE:SPY, NYSE:VGK, NYSE:VWO
Michael Snyder: Most Americans have no idea how much economic trouble is heading our way. Most of them just assume that everything will eventually “return to normal” just like it always has before and Read more…
Michael Snyder: If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future for your children, your grandchildren and your great- Read more…
Michael Snyder: Do you want to see what a 21st century economic depression looks like? Just look at Greece. Once upon a time, the Greek economy was thriving, the Greek government was borrowing Read more…
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