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Michael Snyder

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years. Today, Michael is best known for his work as the publisher of The Economic Collapse Blog. Michael and his wife, Meranda, believe that a great awakening is coming and are working hard to help bring renewal to America. Michael is also the author of the book The Beginning Of The End

Chinese President Xi Jinping has just announced that China will be “preparing for war”, and that should deeply alarm all of us.  Needless to say, nobody is going to be attacking China any time soon.  So why would the Chinese need to prepare for war if there is zero chance …

This holiday season is certainly going to be far less jolly for millions of Americans.  Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining.  Well, today we have gotten even more bad news.  Thanks to deteriorating economic conditions, Americans plan to buy a lot less stuff this …

Why is the number of preppers growing so rapidly?  Prior to the pandemic, somewhere around 2 or 3 percent of all Americans were preppers, but now that figure has shot up to about 10 percent.  Needless to say, the pandemic certainly put a good scare into a lot of people, …

Have you noticed it too?  There has been a dramatic shift in the economy in recent days.  It has been sudden and it has been severe.  All over the country, sales are falling like a rock, inventories are piling up to alarming levels, and large companies are beginning to conduct …

The level of anger that we are witnessing all over the United States right now is extremely alarming.  Millions of voters on both the left and the right are filled with rage, and I have never seen this country more bitterly divided than it is at this moment.  Interestingly, survey …

Do you remember in early 2020 when they told us that the shortages that we were experiencing would just be temporary?  Of course some of them were, but then more shortages just kept on erupting.  That wasn’t supposed to happen, and now it appears that our supply chain problems could …

This is starting to look like 2008 all over again.  For years, the tech industry was the strongest part of the U.S. economy by a wide margin.  The largest tech firms were raking in billions upon billions of dollars in revenue and their stock prices soared to unprecedented levels.  But …

If you live in a major urban area, you may have noticed that “tent cities” are starting to pop up all around you.  The worst inflation crisis in decades has combined with the worst drug crisis that we have ever seen to create an unprecedented homelessness crisis.  Every night, even …

The last time interest rates were this high, the U.S. economy plunged into “the Great Recession” and millions of Americans lost their jobs.  But the Federal Reserve is not going to stop here.  In fact, Fed Chair Jerome Powell is telling us that more rate increases are on the way …

Are we going to see more war in the months ahead?  Both sides just continue to escalate the conflict in Ukraine, but it may soon have to share top billing as more wars suddenly erupt around the globe.  Now that it looks like Benjamin Netanyahu will be returning to power …