36 Hard Questions About The U.S. Economy That The Mainstream Media Should Be Asking

by Michael Snyder

If the economy is improving, then why aren’t things getting better for most average Americans?  They tell us that the unemployment rate is going down, but the percentage of Americans that are actually working is exactly the same it was three years ago.  They tell us that American families are in better financial shape now, but real disposable income is falling rapidly.  They tell us that inflation is low, [...]

Silver At Less Than 19 Dollars An Ounce? Are You Kidding Me???

By Michael

The day that silver traders have been waiting for has arrived.  On Wednesday, the price of silver dropped another 5 percent.  As I write this, it is sitting at $18.55 an ounce.  On Wednesday it hit a low that had not been seen in three years.  Overall, the price of silver has declined by 34 percent this quarter.  That is the largest quarterly move in the price of silver in more [...]

22 Facts That Prove That 90 Percent Of America Is Systematically Getting Poorer And The Mainstream Media Is Not Telling You About This

by Michael

The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer.  The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights.  The fact that 90 percent of the population is constantly sliding downhill is not good for our society.  The United States is supposed to be a land of opportunity with a vibrant free market system that enables average [...]

The Middle Class In America Is Being Wiped Out – Here Are 60 Facts That Prove It

By Michael

The middle class in the United States is being systematically destroyed, and nobody is doing much of anything to stop it.  Our incomes are shrinking, our share of the income pie is at an all-time low, our jobs are being sent overseas, debt burdens have soared to unprecedented heights and millions of formerly middle class Americans have fallen into poverty.  America once had the largest and most vibrant middle [...]

The Countdown To The Break Up Of The Euro Has Officially Begun

by Michael

The results of the elections in France and Greece have made it abundantly clear that there is a tremendous backlash against the austerity approach that Germany has been pushing.  All over Europe, prominent politicians and incumbent political parties are being voted out.  In fact, Nicolas Sarkozy has become the 11th leader of a European nation to be defeated in an election since 2008.  We have seen governments fall in [...]