The Next Great Depression

This tag is associated with 13 posts

This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History

We witnessed something truly historic happen on Friday.  By Michael Snyder The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday.  When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is … Continue reading

Gerald Celente Is Predicting That A Stock Market Crash Will Happen By The End Of 2015

Gerald Celente of the Trends Research Institute has just gone on the record with a prediction that there will be a stock market crash by the end of this calendar year.  By Michael Snyder If you are not familiar with Gerald Celente, he is one of the most highly respected trends forecasters in the entire … Continue reading

You Can Add Iraq And Ukraine To The List Of Economies That Are Collapsing

The list of nations around the globe that have collapsing economies just continues to grow. By Michael Snyder In recent weeks I have written about the ongoing saga in Greece, the stock market crash in China, the debt crisis in Puerto Rico and the economic meltdown in South America.  But there are more economic flashpoints … Continue reading

8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent

Will there be a financial collapse in the United States before the end of 2015? By Michael Snyder An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis.  Of course that doesn’t mean that it will happen.  Experts have been wrong before.  But … Continue reading

Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here

If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now.  By Michael Snyder “Dr. Copper” just hit a six year low, Morgan Stanley is warning that this could be the worst oil price crash in 45 … Continue reading

The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing

Keep an eye on the shadow banking system – it is about to be shaken to the core.  By Michael Snyder According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars.  It has approximately tripled in size since 2002.  In the U.S. alone, the … Continue reading

Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?

Are they expecting something to happen?  As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action.  The countries that are being threatened in this manner include Italy and France.  If you fast forward two … Continue reading

A Recession Within A Recession

On Friday, the federal government announced that the U.S. economy contracted at a 0.7 percent annual rate during the first quarter of 2015.  This unexpected shrinking of the economy is being primarily blamed on “harsh” weather during the first three months of this year and on the strengthening of the U.S. dollar. By Michael Snyder … Continue reading

14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis – OpEd

When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks. By Michael Snyder At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 percent of the country has more credit card debt than emergency savings.  One … Continue reading

The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015 – OpEd

By Michael Snyder Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015?  Could it be possible that the timing of major financial crashes is not just a matter of coincidence?  In previous articleson my website, I have discussed some of the … Continue reading

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