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…

NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF

Michael Snyder: Warren Buffett once said that derivatives are “financial weapons of mass destruction”, and that statement is more true today than it ever has been before.  Read more…

NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF

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…

NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF