Author: Michael Snyder

If you are a parent, you need to understand that the world has changed.  When I was growing up, I never had any concern that a deranged lunatic would come into my classroom and start shooting.  I attended public schools...

This is what happens when you systematically suck all of the values out of a society.  There is utter lawlessness in the streets, and violence can literally erupt anywhere.  On Monday, a mass shooter ruthlessly gunned down six...

For a moment, I would like for you to imagine an unthinkable scenario.  Dozens of giant underwater drones armed with nuclear warheads that have been parked just off our coastlines detonate simultaneously, sending massive...

A trillion dollars is a lot of money.  If you stacked a billion dollar bills on top of one another, the pile would be 67.9 miles high, but if you stacked a trillion dollar bills on top of one another the pile would be 67,866...

When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air.  A major credit contraction would be a nightmare scenario for the economy, and as you will see...

They actually did it.  The Federal Reserve just raised interest rates by another 25 basis points right in the middle of a major banking crisis.  I honestly do not understand what Fed officials are thinking.  They had already...

We haven’t seen a tsunami of layoffs like this since the Great Recession.  According to Challenger, Gray & Christmas, the number of job cuts announced in January and February was 427 percent higher than during the same...

They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them?  Back on January 4th, I specifically warned that our problems would...

What in the world was she thinking?  When a bailout was hastily arranged for uninsured depositors at Silicon Valley Bank and Signature Bank, the implication was that the same thing would be done for uninsured depositors at any...

What in the world just happened?  On Friday, Silicon Valley Bank collapsed and was taken over by regulators, and then on Sunday regulators swooped in and shut down New York’s Signature Bank.  In a desperate attempt to prop up...