Michael Snyder

The Global Banking System Is Truly In Uncharted Territory, And They Are Making Up The Rules As They Go Along Fear is in the air.  In recent days we have seen a level of panic that we have not witnessed since 2008, and in such an environment people just want to […]

The Dominoes Are Starting To Fall Very Rapidly Now – Could These Banks Be Next? Welcome to the great banking collapse of 2023.  Please try to enjoy the ride.  When FTX crumbled, I explained to my readers that it was not the first d […]

It’s Not Working! The Fed’s Emergency Rescue Plan Has Not Ended The Banking Panic! The widespread panic that we just witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating.  Following the second […]

The Economy Is Crashing Even Faster Than A Lot Of The Experts Had Anticipated It’s happening.  Throughout 2021 and 2022, a whole host of experts were warning that we were going to see another economic crisis like we witnessed in 20 […]

As The Economy Implodes, Credit Card Balances Are Increasing At The Fastest Pace In U.S. History When the going gets tough, it can be extremely tempting to pile on debt as a solution.  The cost of living is rising much faster than most of our […]

After The Worst January Job Cuts ‘Since The Great Recession’, Here Are 12 Major Layoffs That Have Already Been Announced In February It appears that the tsunami of layoffs that started late last year is starting to accelerate.  January was a horrible month for job losses, and major […]