Michael Snyder

Approximately 10 Percent Of All Americans Are Now “Preppers”

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,…

11 Signs That Economic Activity Is Plunging Off A Cliff

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…

Will A Dark Omen On Election Day Be A Sign That The United States “Is On The Eve Of Destruction”?

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…

The Shortages Are Coming

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…

This Tsunami Of Tech Layoffs Could Soon Be The Largest We Have Ever Seen

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…

On The Verge Of The Worst Homelessness Crisis In The History Of The US

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…

Federal Reserve’s Famous Last Words: “We Will Stay The Course Until The Job Is Done”

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…

3 More Major Wars That Could Suddenly Erupt In 2023

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. …

They Won’t Be Able To Deny The Cold, Hard Reality Of What Is Happening To The US Economy Much Longer

They are trying really hard to convince all of us that everything is just fine.  But close to one-fifth of the U.S. population is skipping meals because food prices are too high.  And nearly 40 percent of our…

The Global Food Crisis Just Got A Whole Lot Worse

It appears that the global food crisis that started in 2022 is going to go to an entirely new level in 2023.  As I have been documenting on my websites, worldwide supplies of food have been getting tighter…

Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023

In my entire lifetime, global supplies of diesel fuel have never been tighter than they are right now.  And that is really bad news, because the entire economy of the western world runs on diesel.  If we suddenly had…

Extreme Social Decay That Is Spreading Like Wildfire In Many Of The Largest Cities In America

If you want to get a feel for what is really going on in this country, just walk the streets of our major cities.  In fact, you don’t even need to go to the “bad areas” to see…

Big Tech Companies Tell Us Exactly Where The Economy Is Headed In 2023

If you didn’t like economic conditions in 2022, then you are definitely not going to be pleased by what is coming in 2023.  This year we have had to deal with rampant inflation, very sluggish economic activity and…

US Continues To Be Hit By An Endless Series Of Disasters

Over the past several years, it has just been one thing after another.  Just when we think that things are starting to settle down a little bit, another disaster suddenly strikes.  In all my years, I have never…

Teetering On The Brink: 63 Percent Of Americans Are Living Paycheck To Paycheck

We have reached a point where nearly two-thirds of all Americans are living paycheck to paycheck.  So what happens if millions of those people suddenly lose their paychecks during the severe economic downturn that is ahead of us? …

12 Reasons It Is Impossible To Be Optimistic About US Economy

Things haven’t looked this bad for the U.S. economy since 2008.  We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun…

5 Signs That The War Between Russia & NATO Is About To Spiral Out Of Control

Have you ever found yourself completely losing your temper in the middle of a heated struggle of some sort?  Whether it is a hotly contested sporting event, an actual fist fight or a bitter battle against an online…