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Economic Collapse

Optimism: ‘It Is Like A Nuclear Bomb Went Off In The Prepping Community’

Michael Snyder, The Economic Collapse Is the prepper movement in the United States dying?  At one time it was estimated that there were 3 million preppers in the United States, but in late 2016 interest in prepping has hit a multi-year low.  The big reason for this, of course, is that the election of Donald

Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever

Michael Snyder, The Economic Collapse The percentage of Americans that own a home has fallen to the lowest level ever recorded.  During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when the U.S. Census began publishing this measurement back in 1965. 

Global Elite Ignore Dire Warning at G7 About Economic Collapse

Kurt Nimmo, Next “Lehman-scale crisis” lurks in the shadows. On Thursday leaders at the G7 in Japan ignored a dire warning issued by Prime Minister Shinzo Abe about the perilous state of the global economy and the risk “of the re-emergence of a Lehman-scale crisis.” The collapse and bankruptcy of Lehman Brothers in 2008, at

Why Are Americans Getting Married An Average Of 7 Years Later Than They Did In The 1950s?

Michael Snyder, Americans are getting married later and later in life these days.  So precisely why is this happening?  As you will see below, the average age when men and women first get married in the United States is getting perilously close to 30, but in the middle of the last century is was close

Undeniable Evidence That The Real Economy Is Already In Recession Mode

Michael Snyder, Economic Collapse You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.  In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes.  When more stuff is being bought and sold and shipped around the

The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

Michael Snyder, The Economic Collapse Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?  This is definitely a case where the trend is not our friend.  According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

Michael Snyder, The Economic Collapse Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”.  Reportedly, there were

Stories Of Despair From The Forgotten People That The U.S. Economy Has Left Behind

Michael Snyder | End Of The American Dream There is so much economic despair in our country today, but if you have a good job and if you live in a good neighborhood you might not ever encounter it. There is so much economic despair in our country today, but if you have a good

Preachers That Are Saying It Is ˜Anti-Christian’ To Get Prepared Are Being Exceedingly Irresponsible

The Economic Collapse Blog – by Michael Snyder Is it “anti-faith” to prepare for the very hard times that are coming?  You would be surprised at how many Christians believe that this is true.  Recently, I have been reading a number of articles by Christian leaders that take the position that Christians should not be

47 Percent Of Americans Cannot Even Come Up With $400 To Cover An Emergency Room Visit

Michael Snyder, the Economic Collapse Blog If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without selling something or borrowing the funds from somewhere?  Most Americans may not realize this, but this is something that the Federal Reserve has actually been tracking for

Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic

Michael Snyder | Economic Collapse There is absolutely no reason to be optimistic about the direction of the global economy right now. Mainstream news outlets are already starting to use the phrase “economic collapse” to describe what is going on in some areas of our world right now. For many Americans this may seem a

Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent

Michael Snyder, Economic Collapse Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future.  Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017&Prime, and Kiyosaki actually originally projected that a great crash was coming in 2016 all