BY JAMES RICKARDS The U.S. economy lost 140,000 jobs in December. Only about 55% of the jobs lost in March and April have returned. That’s a significant number. Americans and others around the world who make […]
August 27, 2020 by Michael Snyder The Labor Department announced on Thursday that another 1.006 million Americans filed new claims for unemployment benefits last week. Prior to this year, the all-time record for a single week was […]
August 5, 2020 by Michael Snyder You may have noticed that food prices have started to go up very aggressively. I repeatedly warned my readers that this is precisely what would happen, and more price increases are […]
June 21, 2020 by Michael Snyder Things have certainly gotten really crazy here in 2020. First we witnessed the eruption of the worst global pandemic in 100 years, then the U.S. economy started collapsing, and then we […]
June 14, 2020 by Michael Snyder Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that big trouble is […]
May 28, 2020 by Michael Snyder What we have been witnessing on the streets of Minneapolis is just the beginning. Our nation is so deeply divided, and a large portion of the population is losing faith […]
by Michael Snyder Can anyone explain how we are going to motivate unemployed workers to go back to work when most of them can actually make more money camped on their sofas watching Netflix? Over the […]
May 10, 2020 by Michael Snyder For a long time I warned that our economic bubble would burst and that we would plunge into a nightmarish economic collapse. Now it has happened, and it turns out that […]
May 7, 2020 by Michael Snyder Now we are up to 33.5 million jobs lost. In just 7 weeks, the U.S. economy has been completely turned upside down, and the numbers are unlike anything that we have […]
April 13, 2020 by Michael Snyder If you thought that this pandemic would pass quickly and that life in America would soon return to “normal”, I am afraid that you are in for quite a shock. Some […]
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