Commentary
ALL IS WELL, OR IS IT?
Via TBP “If you depreciate the money, it makes everything look like it’s going up.” – Ray Dalio “People don’t realize how hard it is to speak the truth to a world full of people who don’t […]
layoffs
Financial
We Are Witnessing An Enormous Wave Of Bankruptcies And Layoffs During The Early Stages Of 2023
January 18, 2023 by Michael Is your job safe? Right now, we are witnessing so much turmoil is so many different sectors of our economy. The housing market is crashing, the cryptocurrency industry has imploded, the tech […]
Freedom
Things Have Gotten So Bad That A Million New Claims For Unemployment Benefits In One Week Is Considered “Good News”
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 […]
Freedom
Food Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy
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 […]
Financial
This Is Why We Are Facing A 6 Week Countdown To Immense Economic Despair…
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 […]
Commentary
There Will Be A Lot More Rioting, Looting And Civil Unrest As The U.S. Economy Continues To Crumble
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 […]
Financial
68% Of Unemployed Workers In The U.S. “Are Eligible For Payments That Are Greater Than Their Lost Earnings”
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 […]
Tyranny
It Is Much Worse Than You Are Being Told
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 […]
Financial
We Are Witnessing Economic Carnage Like We Have Never Seen Before, And The Economy Is Going To Continue To Bleed Jobs
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 […]
Financial
U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years
Subscribe We have not seen anything like this since the last recession. Layoff announcements are coming fast and furious now, and the speed at which workers are being laid off is shocking a lot of […]