We Are Being Set Up For Higher Interest Rates, A Major Recession And A Giant Stock Market Crash

The Economic Collapse Blog by Michael Snyder   Since Donald Trump’s victory on election night we have seen the worst bond crash in 15 years.  Global bond investors have seen trillions of dollars of wealth wiped out since November 8th, and analysts are warning of another tough week ahead.  The general consensus in the investing… Read More We Are Being Set Up For Higher Interest Rates, A Major Recession And A Giant Stock Market Crash

America’s Ruling Elite Has Failed and Deserves to Be Fired

Washington’s Blog by Charles Hugh Smith   America’s Ruling Elite is freaking out because a significant percentage of the American public is trying to fire them. The Ruling Elite has failed and deserves to be fired, and deep down, they know it–and this awareness of their self-serving failure fuels their panic and their loathing of… Read More America’s Ruling Elite Has Failed and Deserves to Be Fired

Drowning In Debt: 35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due

The Economic Collapse Blog by Michael Snyder   More than a third of all Americans can’t pay their debts.  I don’t know about you, but to me that is a shocking figure.  As you will see below, 35 percent of the people living in this country have debt in collections.  When a debt is in … Read More Drowning In Debt: 35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due

During The Coming Economic Crisis Two-Thirds Of The Country Will Be Out Of Cash Almost Immediately

The Economic Collapse Blog by Michael Snyder   Did you know that almost 70 percent of the U.S. population is essentially living paycheck to paycheck?  As you will see below, a brand new survey has found that 69 percent of all Americans have less than $1,000 in savings.  Of course one of the primary reasons… Read More During The Coming Economic Crisis Two-Thirds Of The Country Will Be Out Of Cash Almost Immediately

Living In A Van Down By The River – Time To Face The True State Of The Middle Class In America

The Economic Collapse Blog by Michael Snyder   Do you remember the old Saturday Night Live sketches in which comedian Chris Farley portrayed a motivational speaker that lived in a van down by the river?  Unfortunately, this is becoming a reality for way too many Americans.  As the middle class has shrunk and the cost… Read More Living In A Van Down By The River – Time To Face The True State Of The Middle Class In America

10 Things That Every American Should Know About Donald Trump’s Plan To Save The U.S. Economy

The Economic Collapse Blog by Michael Snyder   Can Donald Trump turn the U.S. economy around?  This week Trump unveiled details of his new economic plan, and the mainstream media is having a field day criticizing it.  But the truth is that we simply cannot afford to stay on the same path that Barack Obama,… Read More 10 Things That Every American Should Know About Donald Trump’s Plan To Save The U.S. Economy

From An Industrial Economy To A Paper Economy – The Stunning Decline Of Manufacturing In America

The Economic Collapse Blog by Michael Snyder   Why does it seem like almost everything is made in China these days?  Yesterday I was looking at some pencils that we had laying around the house and I noticed that they had been manufactured in China.  I remarked to my wife that it was such a… Read More From An Industrial Economy To A Paper Economy – The Stunning Decline Of Manufacturing In America