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Michael Snyder

Blogger, The Economic Collapse Blog
Contributor's Links: The Econimic Collapse Blog Book: The Beggining of the End The American Dream Blog
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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17 to 32 of 172 Posts
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Serious Financial Trouble Is Erupting In Germany And Japan
Wednesday, October 8, 2014 9:43 PM EDT
German stocks have declined 10 percent since July, and the Japanese economy is a total mess. Will the financial dominoes start to fall?
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Not Just The Largest Economy – Here Are 26 Other Ways China Has Surpassed America
Wednesday, October 8, 2014 5:55 PM EDT
In terms of purchasing power, China now has the largest economy on the entire planet, but that is not the only area where China has surpassed the United States.
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18 Facts About The Unprecedented Student Loan Debt Crisis In The US
Wednesday, October 8, 2014 8:09 AM EDT
The student loan debt bubble in America is spiraling out of control, and it is financially crippling an entire generation of young Americans.
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The U.S. Government Is Borrowing About 8 Trillion Dollars A Year
Tuesday, September 30, 2014 4:40 AM EDT
I know that headline sounds completely outrageous. But it is actually true. The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this.
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Smoking Gun Evidence That The New York Fed Serves The Interests Of Goldman Sachs
Monday, September 29, 2014 9:17 AM EDT
For years, many people have suspected that the New York Fed is more or less controlled by the "too big to fail" banks.
In this article: GS
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5 U.S. Banks Each Have More Than $40 Trillion In Exposure To Derivatives
Wednesday, September 24, 2014 8:43 PM EDT
The U.S. national debt is $17.7T; so when we are talking about $40T per bank, we are talking about an amount of money that is almost unimaginable
In this article: BAC, C, DB, GS, JPM, MS
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This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good
Tuesday, September 23, 2014 3:16 AM EDT
The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened.
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Scam Alert: Hospitals All Over America Are Wildly Inflating Medical Bills
Monday, September 22, 2014 4:52 AM EDT
The next time you visit a hospital, it is your wallet that may end up hurting the most. All over the United States, it has become common practice for hospitals to wildly inflate medical bills.
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The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars
Friday, September 19, 2014 3:42 AM EDT
Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year? If stocks are just going to keep soaring, why are they doing this?
In this article: GLD, TWTR
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The Era Of Widespread Biometric Identification And Microchip Implants Is Here
Tuesday, September 16, 2014 10:47 PM EDT
Are you ready to have your veins scanned every time you use your bank account? Are you ready to use a "digital tattoo" or a microchip implant to unlock your telephone? Well get ready, they're here...
In this article: BCS, BABA
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30 Million Americans On Antidepressants And 21 Other Facts About America’s Pharmaceutical Love Affair
Monday, September 15, 2014 6:16 PM EDT
The number of Americans addicted to legal drugs is far greater than those addicted to illegal drugs. Has there ever been a nation more hooked on drugs than the United States? Here are 22 facts about American's love affair with pharmaceuticals...
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The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months
Monday, September 15, 2014 6:21 AM EDT
The idea that the Obama administration has the budget deficit under control is a complete and total lie. According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014.
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Vote YES On Scottish Independence – Scotland Finally Has A Chance To Get Free From The British
Friday, September 12, 2014 4:19 AM EDT
Scottish voters finally have the opportunity to fulfill William Wallace's dream of a Scotland that is free and independent of England forever. All they have to do is vote yes next week.
In this article: RBS
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Small Business Ownership In America Is At An All-Time Low
Tuesday, September 9, 2014 4:42 AM EDT
According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded. In a report that was just released entitled "Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances"...
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If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?
Monday, September 8, 2014 10:10 PM EDT
An all-time record high 92,269,000 Americans of working age did not "participate in the labor force". And when you throw in the people that are "in the labor force" but are not currently employed, that pushes the total jobless to over 100 million.
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Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash
Friday, September 5, 2014 8:26 AM EDT
People have such short memories. Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.
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17 to 32 of 172 Posts
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