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Michael Snyder

Blogger, The Economic Collapse Blog
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Michael T. Snyder is a former Washington D.C. attorney who now publishes The Economic Collapse Blog. His new thriller entitled “more

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Major Red Flag: The Fed Shocks Everyone With An Emergency Intervention In The Repo Market For The First Time Since 2008
Wednesday, September 18, 2019 4:42 AM EDT
For the very first time since the last financial crisis, the Federal Reserve has been forced to conduct an emergency intervention in the repo market.
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6 Of The Last 8 U.S. Recessions Were Preceded By Oil Price Spikes – Damage To Saudi Oil Industry Could Take “Months” To Repair
Tuesday, September 17, 2019 5:04 AM EDT
When the price of oil rises dramatically, that tends to be really bad for the U.S. economy.
In this article: OIL
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60 Percent Of Americans Believe A Recession Is Coming – But Consumers Continue To Pile Up Debt At A Frightening Pace
Wednesday, September 11, 2019 5:39 AM EDT
60 percent of Americans believe that a recession is “very or somewhat likely in the next year”, and the reason why that figure is so high is because there is already a tremendous amount of evidence that the economy is slowing down all around us.
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Fed Chair Jerome Powell Insists There Won’t Be A Recession; The Evidence Suggests Otherwise
Tuesday, September 10, 2019 1:32 AM EDT
Just before the recession of 2008, Ben Bernanke told the country that “the Federal Reserve is not currently forecasting a recession”, and shortly thereafter we plunged into the worst economic downturn since the Great Depression. It's happening again.
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U.S. Layoffs Rise 38 Percent – Highest Level For August Since 2009
Friday, September 6, 2019 12:05 AM EDT
We continue to get more numbers that indicate that U.S. economic activity is really starting to slow down.
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As China Settles In For A Long Trade War, Economic Pressure On Trump Continues To Grow
Wednesday, September 4, 2019 6:12 AM EDT
The trade war between the United States and China is increasingly weighing on the global economy, but unfortunately, it does not appear that it will end any time soon.
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28 Signs Of Economic Doom As The Pivotal Month Of September Begins
Tuesday, September 3, 2019 4:30 AM EDT
Since the end of the last recession, the outlook for the U.S. economy has never been as dire as it is right now.
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Study Discovers That If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression
Monday, September 2, 2019 9:28 AM EDT
A new study has discovered that we are far more dependent on America’s great debt creation machine than most of us would have ever dared to imagine.
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One Of The Largest “Too Big To Fail” Banks In America Boldly Declares That “The Wheels For A Slowdown Are In Motion”
Friday, August 23, 2019 3:03 AM EDT
When “too big to fail” banks throw in the towel and start warning of “a global recession”, that is a really bad sign.
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According To The Federal Government, 19 Million Acres Of Farmland Were Not Planted With Crops This Year
Sunday, August 18, 2019 9:34 AM EDT
If this headline sounds really bad to you, that is because the situation that we are facing is really bad.
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Guess Who China Is Blaming For The Riots In Hong Kong
Tuesday, August 13, 2019 2:12 PM EDT
As a result of our ongoing trade war, U.S. relations with China were already rapidly deteriorating, but now the chaos in Hong Kong threatens to completely wreck them.
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Middle Class Death Spiral: Consumers Have Never Been In More Debt, And Bankruptcies Are Surging
Tuesday, August 13, 2019 4:06 AM EDT
This wasn’t supposed to happen. During the relative economic stability of the past few years, the middle class was supposed to experience a resurgence, but instead, it has just continued to be hollowed out.
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Is China Hoarding Food, Gold And Other Commodities In Anticipation Of A Global Collapse
Friday, August 9, 2019 5:13 AM EDT
Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into planning, and it appears that they have decided that now is the time to hoard food, gold, and other commodities.
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China Just Went Nuclear In The Trade War, And There Is No Turning Back Now
Tuesday, August 6, 2019 3:50 AM EDT
At the end of last week, President Trump announced that the U.S. would be imposing a 10 percent tariff on 300 billion dollars worth of Chinese imports, and that marked a dramatic escalation in our trade war with China.
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If The Federal Reserve Cuts Interest Rates Now, It Will Be An Admission That A Recession Is Coming
Tuesday, July 30, 2019 4:50 AM EDT
So there is a lot of buzz that the Federal Reserve is about to cut interest rates – and it might actually happen. We’ll see.
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An "Earnings Recession" Is Here – Big Companies All Over America Are Reporting Disastrous Financial Results
Thursday, July 25, 2019 4:06 AM EDT
If the U.S. economy really was “booming”, then corporate earnings would be rising. But that isn’t happening. In fact, we haven’t seen corporate earnings fall like this since the last recession.
In this article: GNC, NFLX, TSLA, PYPL, BA
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