The Real Reason For America’s Looming Retirement Crisis

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Did you know that approximately 40 percent of all American workers have absolutely nothing saved for retirement? And did you know that pension funds in the United States are currently underfunded by about six trillion dollars? Social Security is supposed to be the underlying safety net for our entire retirement system, but it is essentially just a massive Ponzi scheme that everyone agrees is heading for a major disaster. Now that the Baby Boomers have …

The Price Of Gold Spikes As Investors Get Spooked By Talk Of World War III And Nuclear Conflict

Michael Snyder U.S. NEWS 0 Comments

Whenever the world starts going crazy, investors instinctively begin flocking to precious metals.  So it wasn’t exactly a surprise when gold and silver prices started to move upward aggressively as global leaders continued to talk about the possibility of World War III and nuclear conflict.  The price of gold spiked to a five month high on Tuesday, and as I write this article gold is currently sitting at $1277.10 an ounce.  Right now silver is …

Fake Money: The Republican/Democrat Solution To Everything

Scott Buss ECONOMY, FEATURED ARTICLES, POLITICAL 0 Comments

For all the talk and increasingly laughable American State manufactured propaganda aimed at selling us on the notion that we’re living in “the land of the free”, the increasingly obvious reality is that the fiction we’ve been sold bares little resemblance to the largely monopolistic, crony-encrusted, fundamentally rigged, elite-dominated reality in which we live. To get a handle on just how completely contrived and artificial our American System of systems really is, consider just one of the great State/Corporate monopolies that currently …

This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced

Michael Snyder ECONOMY, FEATURED ARTICLES, U.S. NEWS, WORLD NEWS 0 Comments

The ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label their trash so that the thousands upon thousands of desperately hungry people that are digging through trash bins on the streets can find discarded food more easily.  Of course the two nations that I am talking about are Brazil and Venezuela.  The Brazilian …

11 Quotes From Trump’s Speech To Congress That Show That The U.S. Economy Is In A State Of Collapse

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

After Tuesday night, nobody should have any more doubt that the U.S. economy has been in the process of collapsing. Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever. Even CNN’s Van Jones praised Trump, which shocked many observers. Jones said that when Trump honored the widow of slain Navy Seal Ryan Owens that it “was one of the most extraordinary moments you have ever seen in …

Retail Apocalypse Gains Momentum As David Stockman Warns ‘Everything Will Grind To A Halt’ After March 15th

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 2 Comments

J.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and Family Christian is closing all of their 240 stores. In recent months the stock market has been absolutely soaring, and so most people have simply assumed that the “real economy” must be doing well. But that is not the case at all. In …

Virtually Everyone Agrees That Current Stock Market Valuations Are Not Sustainable And That A Great Crash Is Coming

Michael Snyder U.S. NEWS 0 Comments

Current stock market valuations are not sustainable.  If there is one thing that I want you to remember from this article, it is that cold, hard fact.  In 1929, 2000 and 2008, stock prices soared to absolutely absurd levels just before horrible stock market crashes.  What goes up must eventually come down, and the stock market bubble of today will be no exception.  In fact, virtually everyone in the financial community acknowledges that stock prices …

Why Donald Trump Needs The Next Recession To Start As Quickly As Possible

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

A new recession is coming, and Donald Trump needs it to begin sooner rather than later. As I explained last week, most American voters tend to care about their pocketbooks more than anything else. If the next recession were to officially start during the first quarter of 2017, it would be very easy for Trump to blame it on Obama, and then he could portray himself as the one that pulled the U.S. economy out …