12 Reasons Why It Is Impossible For Any Rational Person To Be Optimistic About The U.S. Economy At This Point
By Michael Snyder Things haven’t looked this bad for the U.S. economy since 2008. We are in the midst of the worst inflation crisis in…
Economic Collapse
“Frankly Terrifying”: Energy Crisis Could Drag 26M Brits Into Fuel Poverty
By City A.M. The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty,…
The Middle Class Is Dying! 50 Percent Of All American Workers Made Less Than $3,133 A Month Last Year
By Michael Snyder Inflation is systematically destroying our standard of living, and the middle class is shrinking a little bit more with each passing day. …
5 Signs That The Housing Crash Is Escalating A Lot Faster Than Many Of The Experts Had Anticipated
By Michael Snyder The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that…
This Is Going To Be A Winter Like No Other
By Michael Snyder It is starting to get cold outside. Are you ready for a winter that will be unlike any other? As I have…
“This Is Unsustainable”: NYC Homeless Shelter Population Hits Record High
By Tyler Durden It’s a ticking time bomb. New York City Mayor Eric Adams declared a state of emergency earlier this month as the city’s homeless shelter…
Almost All Corporate Executives Believe That Economic Conditions Are About To Get Significantly Worse
By Michael Snyder Are the months ahead going to be very painful for our economy? This is something that I have been arguing for a…
The Food Crisis Of 2023 Is Going To Be Far Worse Than Most People Would Dare To Imagine
By Michael Snyder I am trying to sound the alarm about this as loudly as I can. The global food crisis just continues to intensify,…
U.S. Receives Lowest Economic Freedom Ranking Since 1975
By Vance Ginn The Fraser Institute recently released the 2022 Economic Freedom of the World (EFW) Report, reflecting data and rankings for 2020. The findings…
It’s Not Working! The Fed’s War On Inflation Is Failing And That Has Very Serious Implications For Our Future
By Michael Snyder Earlier this year the Federal Reserve declared war on inflation, and since that time we have seen a series of interest rate…
Banks on the Brink: Is Your Money Safe?
By Stefan Gleason The global fractional-reserve banking system is teetering on the brink of failure. Financial strains are exposing major banks as under-capitalized and ill…
Trans-Pacific Shipping Rates Plunge 75% As US Retail Demand Falters
By Tyler Durden The problem with price inflation is that it often makes it impossible to track the true health of consumer demand. For example,…
Even The Banksters Are Being Forced To Admit That The U.S. Economy Is Really Starting To Come Apart At The Seams
By Michael Snyder It’s wake-up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that…
Markets Are Expecting The Federal Reserve To Save Them – It’s Not Going To Happen
By Brandon Smith I have said it many times in the past but I’ll say it here again: stock markets are a trailing indicator of…