Michael SnyderEconomic Collapse Blog The next Great Depression is already happening – it just hasn’t reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t get it. All the time I have people ask me when the “economic collapse” is […]Continue Reading
One of the most-widely watched indices of market sentiment, the Chicago Board of Options Exchange (CBOE) Volatility Index- also know as the VIX, (symbol: VIX)- while not exactly moving in uncharted territory, is moving at least in the rarefied air puffed by the central bankers of the world. The VIX is now near record lows. […]Continue Reading
Late last week, Obamacare regulators added more than 800 pages to an ever-growing document that will govern your healthcare. The bureaucrats’ work product now prints out to 20,000 pages — nearly eight times the length of the infamous original bill: That tower is already taller than Kobe Bryant (see update), and much of the law […]Continue Reading
Follow your emotions anywhereIs it really magic in the air?Never let your feelings get you down.Open up your eyes and look aroundIt’s just an illusion…illusion…illusion-Steve Jolly The Fed was able to do with the minutes of its last gathering what President Obama couldn’t the day before – scare the hell out of the market! In […]Continue Reading
Michael SnyderEconomic Collapse You better get ready, because there are a whole host of signs that economic trouble is on the horizon. U.S. economic growth slipped into negative territory during the fourth quarter of 2012. That was the first time that has happened in more than three years. Several important measures of manufacturing activity have […]Continue Reading
Mark W. Hendrickson I recently indulged in some wistful, year-end nostalgia, but now that 2013 is underway, let’s turn our attention to a time more crucial to our well-being: the future in which we will live. Forecasts for sluggish economic growth are common. Investment superstars and gurus such as Bill Gross of PIMCO and Jeremy […]Continue Reading
Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation. We’re likely to see or hear […]Continue Reading
Do you believe that economic trouble is coming in 2013? If so, you have a lot of company. According to a brand new Gallup poll that was just released, 65 percent of Americans believe that 2013 will be a year of “economic difficulty” while only 33 percent of Americans believe that 2013 will be a […]Continue Reading
WASHINGTON (AP) — The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level — which it thinks could take three more years. For the first time, the Fed made clear to investors and consumers that it will link its actions to specific economic […]Continue Reading
You can’t control what you don’t measure. In engineering, control theory is all about using information gained by measuring a system to plan and carry out intelligent actions that will control it. Ideally, it leads to desirable outcomes, such as a nuclear reactor that doesn’t melt down, or a robotic arm that does precisely what […]Continue Reading
Stop worrying about the ‘fiscal cliff.’ Spending cuts would feel therapeutic after watching Standard & Poor’s and Egan-Jones downgrade our credit rating and seeing President Obama add $6 trillion to the national debt. The way to avert another recession and massive inflation is to eliminate the unconstitutional Federal Reserve. There are two ways for politicians […]Continue Reading
Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used. The fiscal cliff is the result of the inability to close the federal budget deficit. The budget deficit […]Continue Reading