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Michael Snyder

Michael Snyder

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years. Today, Michael is best known for his work as the publisher of The Economic Collapse Blog. Michael and his wife, Meranda, believe that a great awakening is coming and are working hard to help bring renewal to America.

Articles by Michael Snyder

If Impeachment Fails, Will the Elite Crash the Economy in Order To Prevent Four More Years of Trump?

5 days ago

By now, it is exceedingly obvious that the global elite absolutely hate Donald Trump.  No president in U.S. history has faced such a relentless assault by the corporate media, and there have been attempts to sabotage his presidency at every turn.  Miraculously, Trump has survived all of these attacks so far, but now the specter of impeachment looms large over his administration.  The Democrats have a solid majority in the U.S. House of Representatives, they are working quickly toward drafting articles of impeachment, and they actually hope to have Trump impeached by Christmas Day.  But in order to have Trump removed from office, 67 votes will be needed in the Senate, and right now Democrats only control 47 of those seats.  It was

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35 Reasons Why You Should Move Away From California

9 days ago

Wouldn’t it be wonderful if there was a “reboot” button for an entire state? Because the truth is that if an entire state ever needed to completely start over it is the state of California. At this point it has become the epicenter for just about everything that is wrong with America, and each year it just keeps coming up with new ways to become an even worse cesspool of social decay and depravity. Millions of people have already left the state, and millions more are thinking of leaving. One recent survey found that 47 percent of all Californians are thinking about moving out of the state in the next five years, and a different survey discovered that 53 percent of those currently living in the state would like to leave. If about

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This Is ‘The First Presidential Impeachment Inquiry In Modern History Authorized

16 days ago

The Democrats have really messed up this time.  On Thursday, we witnessed the first major congressional test for this impeachment inquiry, and the House of Representatives did approve the formal rules that were being pushed by Nancy Pelosi and her cronies.  But it was a major victory for President Trump, because not a single Republican voted for those rules.  Not only that, a couple of Democrats actually voted with the Republicans.  This was a significant embarrassment for Democratic leadership, and it likely foreshadows how the rest of this process is going to play out.  Yes, the Democrats have the numbers to impeach Trump in the House, but without any Republican defections the effort to remove Trump from office will be

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The Social Decay That We See All Around Us Is Absolutely Breathtaking

23 days ago

Throughout human history we have seen great nations rise and fall, and for many of them it was not actually an external threat that took them down.  When the social decay inside a society gets bad enough, it is just a matter of time before that society falls apart.  That is why what is happening to the United States is so deeply troubling.  Everywhere around us there is evidence that the social order in this country is rotting.  At one time we were the most respected nation on the entire planet, but now we have become the laughingstock of the world.  And instead of setting a good example for the rest of us, our leaders are some of the greatest examples of corruption and filth.
Our founders would be absolutely nauseated if they

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They Are Telling Us That The Next Recession “Won’t Be As Bad As 2008”

28 days ago

Are we really supposed to believe them?  As the next recession rapidly approaches, the mainstream media is assuring us that there isn’t really that much to be concerned about.  In fact, as you will see below, CNN is assuring us that “the next one won’t be as bad as 2008”.  But how do they know?  After all, we didn’t have a president that was in danger of being impeached in 2008.  As this impeachment process moves forward, the mood of this nation is going to become increasingly sour.  Over in Europe, they are dealing with endless Brexit drama, and over in China the Hong Kong protests have created instability unlike anything we have seen in the modern history of that country.  Meanwhile, the Middle East has become an endless source

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Historic Midwest Blizzard Has Farmers “Expecting Massive Crop Losses As Devastating As We’ve Ever Seen.”

October 17, 2019

An unprecedented October blizzard that hit just before harvest time has absolutely devastated farms all across the U.S. heartland.  As you will see below, one state lawmaker in North Dakota is saying that the crop losses will be “as devastating as we’ve ever seen”.  This is the exact scenario that I have been warning about for months, and now it has materialized.  Due to endless rain and horrific flooding early in the year, many farmers in the middle of the country faced very serious delays in getting their crops planted.  So we really needed good weather at the end of the season so that the crops could mature and be harvested in time, and that did not happen.  Instead, the historic blizzard that we just witnessed dumped up to 2

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Did Nancy Pelosi Just Make One of the Biggest Political Mistakes in History?

September 27, 2019

Nancy Pelosi just took the biggest gamble of her entire political career.  If she is ultimately successful, she will be remembered as the woman that removed Donald Trump from the White House, and Democrats will treat her like a hero for the rest of her life.  But if she fails and Trump wins in 2020, the backlash that she created when she tried to impeach Trump is likely to be blamed, and she could potentially lose her leadership role in the House.  Of course at that point she probably wouldn’t want to remain in the House much longer, and she would be hated by many Democrats for the rest of her life for subjecting them to four more years of Trump.  So it really is all on the line for Nancy Pelosi, and she never should have gone

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‘The Dam Could Break on Thursday’:

September 25, 2019

It looks like they are really going to do it.  The Democrats are actually preparing to begin impeachment proceedings, and as you will see below, one senior House Democratic aide is warning that “the dam could break on Thursday”.  That is the day when acting Director of National Intelligence Joseph Maguire is scheduled to testify to the House Intelligence Committee, and Democrats on that committee are going to make it exceedingly clear that they want the whistleblower complaint that is at the center of this latest political firestorm.  It is being alleged that President Trump repeatedly pressured the president of Ukraine to investigate Joe Biden and his son Hunter at a time when Ukraine was desperate for military aid from the

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If You Think The Price of Oil Is Skyrocketing Now

September 17, 2019

In the aftermath of the most dramatic attack on Saudi oil facilities that we have ever seen, the price of oil has exploded higher.  The Wall Street Journal is calling this attack “the Big One”, and President Trump appears to be indicating that some sort of military retaliation is coming.  Needless to say, a direct military strike on Iran could spark a major war in the Middle East, and that would be absolutely devastating for the entire global economy.  Just about everything that we buy has to be moved, and moving stuff takes energy.  When the price of oil gets really high, that tends to create inflation because the price of oil is a factor in virtually everything that we buy.  In addition, a really high price for oil also tends

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If The Debt Machine Were Turned Off, The US Would Immediately Plunge

September 3, 2019

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.  Today, debt is involved in most of our major transactions.  In order to purchase a home, most of us go into debt.  The same thing is true when most of us buy a vehicle.  Total credit card debt is well over a trillion dollars, and total student loan debt is now over a trillion and a half dollars.  Corporate debt has more than doubled since the last financial crisis, state and local governments are absolutely drowning in debt and unfunded pension liabilities, and the federal government is more than 22 trillion dollars in debt.  The Federal Reserve and the “too big to fail” banks are

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The Average US Farm Is $1,300,000 In Debt

August 14, 2019

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile farm debt levels have been absolutely exploding.  So U.S. farmers were desperate for a really good year, but instead 2019 has been a total disaster.  As I have been carefully documenting, due to endless rain and catastrophic flooding millions of acres of prime farmland didn’t get planted at all this year, and the yields on tens of millions of other acres are expected to be way, way below normal.  As a result, we are facing the worst farming crisis in modern American history, and this comes at a time when U.S. farms are drowning in more debt than ever

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America Is Not Going To Be a Free and Open Society Any Longer

August 9, 2019

Whenever a tragic act of violence makes national headlines, the calls to give up more of our freedoms and liberties in exchange for the promise of increased security become deafening.  But if we take another step toward becoming an authoritarian society every time something horrible happens, eventually we won’t have any of the basic liberties and freedoms that previous generations of Americans fought so hard to secure for us.  Unfortunately, voices like mine are becoming increasingly rare, and the American people seem to want a society that will shelter them from anything that could possibly go wrong.  Of course there has never been such a society in all of human history, and we won’t be able to create one either.  No

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We Just Witnessed 3 Major Developments

August 1, 2019

It has been a seemingly quiet summer in America so far, but meanwhile we are witnessing major developments on the other side of the globe that could change everything.  We are so close to war, and yet most people have absolutely no idea what is happening.  In fact, if you showed most Americans a blank map of the world, they couldn’t even pick out Iran, Hong Kong or North Korea.  There is so much apathy in our society today, and so little knowledge about foreign affairs, and so most people simply do not grasp the importance of the drama that is playing out right in front of our eyes.  But if a major war does erupt, none of our lives are ever going to be the same again.  So I am going to keep writing about these things, because I

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A Large Solar Storm Will Hit Earth on July 31 or August

July 30, 2019

An absolutely massive hole has formed in the upper atmosphere of the Sun, and our planet will align with that hole later this week.  Once the alignment happens, Earth will be bombarded by a “solar storm”, and nobody is quite sure yet how bad it will be.  If the storm is relatively minor, we could just experience a few disruptions to satellite communications and see some pretty lights in the sky.  But if the storm is really severe, our electrical grid could be fried and we could experience widespread power outages.  According to the Express, “the solar storm will hit Earth on July 31 or August 1″…
Earth’s orbit around the Sun will soon align with a coronal hole – a hole in the Sun’s upper atmosphere – and solar particles will

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“California Is Being Overrun By Rodents”

July 29, 2019

California is being hit by a “plague of rats”, and some commentators are suggesting that this is exactly what they deserve.  In fact, some have even gone so far as to suggest that the name of Los Angeles should be formally changed to “Los Ratas” because the rat problem is so severe there.  From Crescent City in the north all the way down to Chula Vista in the south, the rats are seemingly everywhere.  There are millions of them, and the more poison that people put out the more they seem to multiply.  The state of California has never seen anything like this before, and it is getting worse with each passing month.
At this point, things are already so bad that many are calling for Governor Newsom “to declare a public health

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A Bank With $49 Trillion in Exposure to Derivatives

July 22, 2019

Could it be possible that we are on the verge of the next “Lehman Brothers moment”?  Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank.  In other words, the global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes.  For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now.  But after what we have witnessed in recent days, many now believe that the end is near

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On The Brink of World War 3

July 20, 2019

Has a war between the United States and Iran become inevitable?  That is what some in the mainstream media seem to be claiming, but let us hope that is not true, because such a war would mean immense death and destruction.  If the Iranian regime felt that their survival was at stake, they would throw everything in their entire arsenal at the United States and Israel, and they would unleash Hezbollah to commit horrific acts of terror all over the globe.  That would include acts of terror inside the United States, and most Americans have absolutely no idea how nightmarish it would be to have Hezbollah terrorists striking soft targets all across the country.  And in order to quickly win a war against Iran, the U.S. would probably

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Conditions on the Streets of San Francisco

June 26, 2019

Once upon a time, some of the most beautiful cities in the entire world were on the west coast, but now those same cities are degenerating into drug-infested cesspools of filth and garbage right in front of our eyes.  San Francisco is known as the epicenter for our tech industry, and Los Angeles produces more entertainment than anyone else in the world, and yet both cities are making headlines all over the world for other reasons these days.  Right now, nearly a quarter of the nation’s homeless population lives in the state of California, and more are arriving with each passing day.  When you walk the streets of San Francisco or Los Angeles, you can’t help but notice the open air drug markets, the giant mountains of trash, and

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700 Quakes Hit a Key California Seismic Zone

June 13, 2019

Scientists are quite “concerned” about the huge earthquake swarm that has been shaking southern California in recent weeks, and right at this moment bubbling tar is literally coming up through the streets in one section of Los Angeles.  None of this means that a major seismic event is imminent, but it is certainly not a good sign either.  We have been tracking quite a bit of unusual shaking along the Ring of Fire in recent months, and scientists assure us that it is just a matter of time before “the Big One” hits southern California.  And if you follow my work on a regular basis, then you already know that I am extremely concerned about the potential for major seismic activity along the west coast.  So when I came across a San

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‘The Skid Is Everywhere’

June 10, 2019

All over America, large portions of our major cities are being transformed into stomach-churning cesspools of squalor.  Thousands of tens cities are popping up from coast to coast as the homeless population explodes, even the New York Times admits that we are facing “the worst drug crisis in American history”, there were more than 28,000 official complaints about human feces in the streets of San Francisco last year alone, and millions of rats are currently overrunning the city of Los Angeles.  And yet the authorities continue to insist that the economy is in good shape and that everything is going to be just fine.
Perhaps everything may seem “just fine” if you live in a heavily sanitized wealthy suburban neighborhood and you

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Which Major West Coast City Is Being Overwhelmed By Rats, Drugs, Crime,

May 24, 2019

Can you name the major west coast city that has become a rotting, decaying hellhole and is being completely overwhelmed by rats, drugs, crime, piles of garbage and hordes of homeless people?  Of course San Francisco, Portland, Seattle, “all of them” and “any of them” would all be correct answers, but in this article we are going to talk about Los Angeles.  Once upon a time, millions of young Americans flocked to “sunny L.A.” in order to experience “the California Dream”, but these days Los Angeles seems to be on the cutting edge of many of our most critical societal problems.  L.A. has been known for Hollywood, the porn industry and world class traffic congestion, but now it is also becoming famous for “rat-infested piles of

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Wealthy Elitists Freak Out As Hordes of Homeless People

May 1, 2019

The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods.  Even though the mainstream media keeps telling us that the U.S. economy is “booming”, the number of Americans living on the streets continues to grow very rapidly, and this is particularly true in our major west coast cities.  More than half a million Americans will sleep on the streets of our cities tonight, and they need help, care and shelter.  Sadly, as economic conditions deteriorate that number is likely to double or even triple.  Of course many among the elite are all in favor of doing something for the homeless, as long as they don’t have to be anywhere around them.
For example, let’s talk about what is going on in Los

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Churches Have Become the #1 Target for Hate Attacks

April 23, 2019

The bombings in Sri Lanka have once again put a spotlight on the rising tide of violence against Christians all over the world.  According to Open Doors USA, an average of 105 churches and/or Christian buildings are burned or attacked every month.  That is more than three per day, and almost all of those attacks get ignored by the mainstream media in the western world.  In addition, an average of 345 Christians are killed for faith-related reasons every single month.  Of course these numbers will soon be out of date, because violence against Christians continues to escalate all over the globe, and the horrifying attacks that we just witnessed in Sri Lanka are a perfect example.  The following comes from CBS News…
A series of

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San Francisco, Los Angeles, and Seattle

April 19, 2019

Once upon a time, San Francisco, Los Angeles and Seattle were three of the most beautiful cities on the entire planet.  I know that this is hard to imagine today, but there was a time when millions of people eagerly moved out to the west coast for a better quality of life.  Sadly, the reverse is true today.  Millions of people are moving away from our major cities on the west coast because of the hellholes that they have become.  A former Seattle police officer that was recently interviewed by a reporter from KOMO News  was very honest about the fact that he would never want to raise a family in Seattle because of the hellhole that it has become.  Every night he saw the worst of Seattle firsthand, and he finally felt forced to

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The Weakening of Earth’s Magnetic Field Has Greatly Accelerated

April 15, 2019

Earth’s magnetic field is getting significantly weaker, the magnetic north pole is shifting at an accelerating pace, and scientists readily admit that a sudden pole shift could potentially cause “trillions of dollars” in damage.  Today, most of us take the protection provided by Earth’s magnetic field completely for granted.  It is essentially a colossal force field which surrounds our planet and makes life possible.  And even with such protection, a giant solar storm could still potentially hit our planet and completely fry our power grid.  But as our magnetic field continues to get weaker and weaker, even much smaller solar storms will have the potential to be cataclysmic.  And once the magnetic field gets weak enough, we will

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As Yellowstone Awakens

February 25, 2019

One day it will happen.  Scientists assure us that one day the absolutely massive Yellowstone supervolcano will once again experience a Category 8 eruption, and if it happened today it would “literally tear the guts out of the United States of America”.  That is why what has been happening at Yellowstone in recent months is so alarming.  We know that the ground has been rising and that “a 465-mile-long piece of molten rock” is moving upwards directly under Yellowstone.  And we also know that the major geysers at Yellowstone were more active last year than in any other year in any of our lifetimes.  Are these signs that an eruption is coming?  We better hope not, because as Dr. Michio Kaku recently told Fox News, there is “a

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3 Astounding Things

February 23, 2019

With President Trump, you should always expect the unexpected.  Just when you think that you have Trump all figured out, he will inevitably do something that completely surprises you, and this week there are three items in the news that are perfect examples of this.  Each of these three items is confusing the experts, because in each case Trump is moving in a new direction that seems counter to what he had done previously.
#1 President Trump has just launched a global campaign to legalize homosexuality in every nation on Earth.
Many are stunned that Trump has put the full power of the U.S. government behind an all-out effort to legalize homosexuality worldwide.  According to NBC News, this global campaign will be spearheaded by

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Sorry, AOC, a Stunning New Poll Has Found That Public Support

February 15, 2019

The meteoric rise of Alexandria Ocasio-Cortez and other young progressive politicians has led many to believe that the American public must be warming up to socialism.  But what if that isn’t true at all?  Certainly there is a certain segment of the population that absolutely embraces the message that AOC, Bernie Sanders, Elizabeth Warren and other socialists are preaching, but could it be possible that the American people as a whole are actually moving in the opposite direction?  According to a shocking Fox News poll that just came out, the percentage of Americans that want the government to leave them alone is going up, and the percentage of Americans that want the government to lend them a hand is going down…
The 34

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Magma Under the Yellowstone Supervolcano Is Rising

January 15, 2019

Could it be possible that a full-blown eruption of the Yellowstone supervolcano is not too far away?  All over the world seismic activity has been increasing in recent years, and this process seems to have accelerated during the early days of 2019.  In particular, quite a few once dormant volcanoes are springing to life again, and this has many concerned about what could potentially happen at Yellowstone.  Of course Yellowstone has never been “dormant”, but there have been new signs of life over the past six months.  Entirely new geysers have sprung out of the ground, Steamboat Geyser has been the most active that it has been in decades, and some geysers have even been shooting “debris and rocks” into the sky.  And now we are

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The Largest Earthquake in 45 Years Hits Tennessee

December 17, 2018

Large earthquakes aren’t supposed to happen in Tennessee.  On Wednesday, the largest earthquake in 45 years hit eastern Tennessee, and it made headlines all over the nation.  The magnitude 4.4 quake was so powerful that it was felt in portions of Alabama, Georgia, South Carolina, North Carolina and Kentucky.  Significant shaking was even felt as far away as Atlanta, and that was highly unusual.  The original earthquake was rapidly followed by a magnitude 3.0 aftershock, and subsequently there were several other noteworthy aftershocks.  We live at a time when earthquakes are increasing in size and frequency, and many are concerned about what this may mean for our future.  The recent earthquakes in Alaska were a shock, but at least

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