April 29, 2020 by Michael Snyder We just witnessed the largest quarterly GDP decline since the last financial crisis, and experts are warning that the figure for the second quarter will be far, far worse. In fact, […]
April 28, 2020 by Michael Snyder More than 26 million Americans have lost their jobs during these coronavirus lockdowns so far, and this has created unprecedented demand at food banks all over the nation. In many cities, […]
April 26, 2020 by Michael Snyder When meat processing facilities started shutting down because of the coronavirus pandemic, we were initially told not to worry because the facilities that were still operating normally would be able to […]
Dr Sircus Beware the ominous rumblings of an increasing number of nations making preparations for the possible loss of food imports. Protectionist measures by national governments during the coronavirus crisis could provoke food shortages around the […]
by Jeff Thomas In 1906, Alfred Henry Lewis stated, “There are only nine meals between mankind and anarchy.” Since then, his observation has been echoed by people as disparate as Robert Heinlein and Leon Trotsky. The […]
July 16, 2019 by Michael Snyder I know that this headline is alarming, but it is actually a direct quote from a notice that was recently posted in a Kroger supermarket. And as you will see below, similar […]
By Michael Snyder The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future. Just a few years ago, most […]
Tom Chatham This article was written by Tom Chatham and originally published at hisProject Chesapeake blog. Editor’s Comment: When people hold paper money, they are holding a promise, or the illusion, of value. Tom makes […]
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