Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic
By Michael Snyder Mainstream news outlets are already starting to use the phrase “economic collapse” to describe what is going on in some areas of…
Michael Snyder
Watch Japan – For All Is Not Well In The Land Of The Rising Sun
By Michael Snyder One of the epicenters of the global financial crisis that started during the second half of last year is Japan, and it…
19 Facts That Prove The U.S. Economy Is Worse Now Than Six Months Ago
By Michael Snyder Has the U.S. economy gotten better over the past six months or has it gotten worse? In this article, you will find…
Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis
By Michael Snyder If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what…
23 Percent Of Americans In Their Prime Working Years Are Unemployed
By Michael Snyder Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that…
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
By Michael Snyder Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe…
Prescription Painkiller Crisis: Why Do Americans Consume 80 Percent Of All Prescription Painkillers?
By Michael Snyder If Americans are so happy, then why do we consume 80 percent of the entire global supply of prescription painkillers? Less than…
Credit Card Debt In The United States Is Approaching A Trillion Dollars
By Michael Snyder For the first time ever, total credit card debt in the United States is approaching a trillion dollars. Instead of learning painful…
Are You Kidding Me? Chinese Exports Plunge 25.4 Percent Compared To Last Year
By Michael Snyder We just got more evidence that global trade is absolutely imploding. Chinese exports dropped 25.4 percent during the month of February compared…
The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos
By Michael Snyder The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment. And as Italy’s banks begin…
The Economic Collapse Of South America Is Well Underway
By Michael Snyder The 7th largest economy on the entire planet is completely imploding. I have written previously about the economic depression that is plaguing…
Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy
By Michael Snyder We haven’t seen numbers like these since the last global recession. I recently wrote about how global trade is imploding all over…
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Stores
By Michael Snyder Barack Obama recently stated that anyone who is claiming that America’s economy is in decline is “peddling fiction”. Well, if the economy…
The Subprime Auto Loan Meltdown Is Here
By Michael Snyder Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a…