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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 You Think The Price of Oil Is Skyrocketing Now

6 days ago

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

20 days ago

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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California Hit By 39 Earthquakes Within 24 Hours

November 6, 2018

A series of large earthquakes has rattled California over the last 24 hours, and scientists are telling us that the shaking was the result of “movement along the San Andreas Fault system”.  In recent months there has been an alarming amount of seismic activity all along “the Ring of Fire”, and there have been times when the number of global earthquakes has been way above normal.  Could it be possible that all of this unusual seismic activity is leading up to something?  As you will see below, experts are telling us that we are overdue for the “Big One” to hit California.  And when it does eventually strike, it could be far worse than most people would dare to imagine.
Most of the 39 significant earthquakes that have struck

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Russia and China Are Apparently Both Under the Impression

October 30, 2018

Could it be possible that the U.S. is heading for a major war?  If you ask most Americans that question, they will look at you like you are crazy.  For most people in this country, war with either Russia or China is not something to even be remotely concerned about.  But the Russians and the Chinese both see things very differently.  As you will see below, Russia and China both seem to be under the impression that war with the United States is coming, and they are both rapidly preparing for such a conflict.

Let’s start with Russia.  After repeatedly slapping them with sanctions, endlessly demonizing their leaders and blaming them for just about every problem that you can imagine, our relationship with Russia is about the worst

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Is Yellowstone Going To Erupt?

September 24, 2018

I watch Yellowstone very closely, because an eruption of the Yellowstone supervolcano could end life as we know it in America in a single moment.  A full-blown eruption of Yellowstone could potentially dump a suffocating layer of volcanic ash that is at least 10 feet deep on almost the entire country, and it would instantly render about two-thirds of this nation completely uninhabitable.  So yes, when Yellowstone starts rumbling there is a reason to pay attention, and right now Yellowstone is starting to rumble in ways that are unprecedented.  That doesn’t mean that an eruption is imminent, but without a doubt what is currently taking place is more than just a little bit alarming.
Let’s start with what happened on Saturday.  An

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Over Half the US Has Now Been Hit by a Drought

September 7, 2018

The worst drought in years in the western half of the United States has sparked hundreds of wildfires, has crippled thousands of farms, and has produced what could ultimately be the worst water crisis in modern American history.  As you will see below, Lake Powell and Lake Mead have both dropped to dangerously low levels, and officials are warning that we may soon be looking at a substantial shortfall which would require rationing.  Unfortunately, many in the eastern half of the country don’t even realize that this is happening.  The mighty Colorado River once seemed to be virtually invulnerable, but now it doesn’t even run all the way to the ocean any longer.  Demand for water is continually increasing as major cities in the Southwest continue to grow, and this is

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Boy Punished For Calling His Teacher ‘Ma’am’

August 29, 2018

Is America going completely and utterly insane?  Every day we get even more evidence that this country is going downhill really fast.  I am about to share with you some stories that deeply upset me, but it isn’t because anyone died.  Rather, these stories demonstrate that the America that so many of us once loved is dying.  Liberty and freedom are being eroded with each passing day, and we are rapidly becoming a European-style socialist state in which control freaks micromanage even the smallest details of our lives.  Even our speech is being heavily micromanaged, and anyone that gets out of line is likely to be cracked down upon really hard.  At this point, things have already gotten so bad that it is getting really difficult to

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Watch Out, California!

August 21, 2018

Is something unusual starting to happen to the crust of our planet?  The USGS defines any earthquake of at least magnitude 4.5 as “significant”, and there were 53 earthquakes that met that criteria along the Ring of Fire on Sunday alone.  If you would like to verify that information for yourself, you can so do right here.  Not too long ago, I wrote about how “Earth changes” seem to be accelerating all over the world, but even I was stunned by the ferocity of the seismic activity that we witnessed over the weekend.  Because none of the earthquakes happened in the United States, the mainstream media almost entirely ignored this story, but that is a huge mistake.  The entire west coast of the U.S. falls along the “Ring of Fire”, and

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Earth Changes Accelerate

August 7, 2018

Major changes are happening to our planet, and the experts are groping for answers.  In recent days some have suggested that what we are witnessing is the natural progression of “man-made climate change”, but that explanation has generally been received with a lot of skepticism.  Something truly dramatic appears to be happening to the globe, and it isn’t just because the amount of carbon dioxide in the air suddenly reached some sort of magical “tipping point”.  But without a doubt, temperatures are getting warmer.  In July, Death Valley experienced “the hottest month ever recorded on the planet”.  Over in Europe, Saturday was being billed as Europe’s “hottest day ever”, and temperatures in Lisbon, Portugal were expected to

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Specialists Needed to Ferret Out Sites for Censorship

June 12, 2018

The war on “fake news” is about to go to an entirely new level. According to media reports, Facebook has been seeking to hire “news credibility specialists” that will be tasked with “evaluating” which news publishers are “credible” and which are not. If the goal was just to simply filter out the handful of websites that purposely publish fake news stories, that would be fine. But as we have seen so many times in recent years, these types of programs inevitably discriminate against conservative viewpoints. Facebook is highly liberal, and they will be hiring from a California talent pool that is also highly liberal. And liberals invariably consider liberal viewpoints to be more “credible” than conservative viewpoints. Facebook built an

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