Search Results for: By Michael Snyder

If it seems to you like everything is breaking loose all at once, it isn’t just your imagination.  At the beginning of January, I warned that the overall theme of this year would be “here we go”, and global events have certainly been accelerating in recent weeks.  At this moment, we are in the midst of the worst banking crisis since 2008.  The collapse of Silicon Valley Bank was the second biggest bank failure in U.S. history, and the collapse of Signature Bank was the third biggest bank failure in U.S. history.  Unfortunately, 186 more banks are now at risk of failing, and if large numbers of banks do collapse in the months ahead that could push us over the edge into a severe economic depression.  So it is the perfect time for the elite to distract us with a major political stunt so that we will all take our eyes off of the financial disaster that is rapidly unfolding all around us… (Read More...)

It isn’t a mystery.  For decades, “experts” in the western world have been coming up with incredibly bizarre theories about where the Ark of the Covenant is located.  One of those theories was popularized by “Raiders of the Lost Ark”, but that theory is just fiction.  In fact, all of the wacky theories that you see out there are just fiction.  Over in Israel, the current location of the Ark of the Covenant is an open secret.  It is in the same underground chamber where it has been for more than 2,600 years, and it will be there until the time comes for it to be revealed.  And once it is finally revealed, the Israeli people will see an immediate need to construct a new temple for it. (Read More...)

I would encourage all of us to watch Israel very carefully in the coming days, because I believe that we could soon see some incredible events take place.  In particular, I am specifically watching for a couple of things.  Rumors of an imminent war between Israel and Iran are starting to reach a crescendo, and I am entirely convinced that such a conflict could potentially erupt this year.  Also, I am closely watching for an announcement about the discovery of the Ark of the Covenant.  Needless to say, such an announcement would be the greatest archaeological bombshell in history.  The current location of the Ark has been kept very quiet for a long time, but the Israeli government is not going to be able to keep a lid on this indefinitely.  And when the truth finally comes out, literally everything will change. (Read More...)

Don’t listen to the load of malarkey that Joe Biden is trying to sell you.  We are being told that it won’t cost taxpayers a single dime to bail out the second and third largest bank failures in the history of the United States.  Every single depositor is going to get all of their money back, and plenty of liquidity will be made available to other banks that may be on the verge of failing.  All of this is going to cost billions and billions of dollars, but somehow we get a free pass.  In fact, during his public remarks on Monday, Joe Biden explicitly pledged that “no losses will be borne by the taxpayers”… (Read More...)

Did you think that the Federal Reserve was just going to stand by and watch the U.S. banking system completely collapse?  In response to the stunning failures of Silicon Valley Bank and Signature Bank, the Federal Reserve announced a rescue plan on Sunday evening that is going to radically change banking in America forever.  All deposits at Silicon Valley Bank and Signature Bank will be fully guaranteed and will be available on Monday.  Of course the Federal Reserve can’t just make an exception for these two banks.  If they are going to do this for them, that means that they are going to have to do it for everyone else too.  So what this means is that from this point forward the Federal Reserve is essentially promising to guarantee every bank account in America.  Considering the fact that more than 19 trillion dollars is deposited with U.S. banks, that is quite a promise to make. (Read More...)

When it rains, it pours.  On the exact same day that we witnessed the second largest bank failure in U.S. history, Wells Fargo experienced an unprecedented nationwide computer glitch that caused countless numbers of account holders to have “incorrect balances” and “missing transactions”.  This is yet another example that demonstrates why it is never wise to put all of your eggs into one basket.  If you have all of your money in just one bank, you may wake up one day and find that you are suddenly not able to access any of it.  For years I have been telling my readers to spread their assets around, because our banking system is far more vulnerable than most people realize. (Read More...)

Many Americans won’t realize that World War III has begun until missiles start raining down on our homeland.  But by then it will be way too late.  Ever since Joe Biden entered the White House, our relations with both Russia and China have been steadily swirling down the tubes, and it appears that our military could soon be forced to fight wars with both of them simultaneously.  That would be absolutely suicidal, but our leaders don’t seem interested in peace.  The hothead in the White House is surrounded by a team of incompetent warmongers, and if they stay on the path that they are currently on millions upon millions of Americans could end up dead. (Read More...)

We should all be absolutely horrified by what has happened to our society.  Everywhere you look, people seem to be going completely and utterly nuts.  Once upon a time, the crazy people were a very small segment of the population that could be easily ignored.  But now the lunatics are literally running the asylum.  If you doubt this, just look at our statehouses around the nation and the current crop of politicians that we have in Washington.  Sadly, the truth is that the people that are representing us are a very accurate reflection of what we have become as a nation.  We truly have become a raging “idiocracy”, and the rest of the world is literally laughing at us. (Read More...)