Author: Michael Snyder

The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever – Bye Bye Middle Class

The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever – Bye Bye Middle Class

The percentage of Americans that own a home has fallen to the lowest level ever recorded.  During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when...

Deutsche Bank Profit Plunges 98 Percent As The Outlook For ‘The World’s Riskiest Bank’ Darkens

Deutsche Bank Profit Plunges 98 Percent As The Outlook For ‘The World’s Riskiest Bank’ Darkens

The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes.  If you follow my work regularly, you probably already know that I issued a major alarm...

An ‘Unprecedented’ Wildfire Hits California At The Same Time ‘Unprecedented’ Heat Strikes The East Coast

An ‘Unprecedented’ Wildfire Hits California At The Same Time ‘Unprecedented’ Heat Strikes The East Coast

It is starting to look more than just a little bit “apocalyptic” out there.  If you follow my work closely, you already know that weather patterns in the United States have been going absolutely crazy and that last year was the worst...

Credit Card Companies Specifically Target Less Educated And Less Sophisticated Americans

Credit Card Companies Specifically Target Less Educated And Less Sophisticated Americans

The big credit card companies don’t make much money off of those that pay their bills on time, and so they often specifically target less educated and less sophisticated consumers that don’t really understand the dangers of credit card debt. ...

Donald Trump’s Convention Speech Highlighted The Truth About America’s Decline

America is in decline.  There are some that still attempt to deny this, but the reason why Donald Trump’s campaign slogan has so strongly resonated with the American people is because deep inside most of us realize that America is...

19.4 Trillion Dollars In Debt – We Have Added 1.1 Trillion Dollars A Year To The National Debt Under Obama

19.4 Trillion Dollars In Debt – We Have Added 1.1 Trillion Dollars A Year To The National Debt Under Obama

In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.” ...