Michael Snyder



The South American Financial Crisis Of 2015

By Michael Snyder Most nations in South America are either already experiencing an economic recession or are right on the verge of one. In general, South American economies are very heavily dependent on exports, and right now they are being absolutely shredded by the twin blades of a commodity price collapse and a skyrocketing U.S.…






The ‘Greek Debt Deal’ Is Already Starting To Fall Apart

By Michael Snyder The “deal that was designed to fail” has already begun to unravel.  The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted extensive debt relief.  This is something that the Germans and their allies have…

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10 Very Strange Things That Have Happened In Just The Past Few Weeks

By Michael Snyder Have you noticed that events have begun to accelerate? Over the past few weeks, things have officially started to get very weird. Chinese stocks are crashing, the Greek debt crisis is spiraling out of control, the New York Stock Exchange was down for about four hours on Wednesday thanks to a “technical…


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What In The World Just Happened To The New York Stock Exchange?

By Michael Snyder Do you believe that the New York Stock Exchange shut down because of a “technical glitch” on Wednesday?  At 11:32 AM on Wednesday morning, trading on the New York Stock Exchange was halted due to “internal technical issues”, and it did not resume until 3:10 PM. Officials insist that there is no…


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The German Siege Of Greece Begins

By Michael Snyder Did you notice that Greece’s creditors are not rushing to offer the Greeks a new deal in the wake of the stunning referendum result on Sunday?  In fact, it is being reported that the initial reaction to the “no” vote from top European politicians was "a thunderous silence". Needless to say, the…

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