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Week in Review: Apr. 14 – Apr. 20

In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: J.P. Morgan warns of rampant global price inflation Charles Barkley must read Henry Hazlitt to … [Read more...]

How does the stock market work? Infographic explains

financial crisis

We report on a lot of economic, financial and business news, but have you ever wondered how exactly the stock market works? The financial hub affects everything from what you pay at the grocery store to your retirement accounts. On a quintessential … [Read more...]

Hypocrisy: Bill de Blasio doesn’t pay higher taxes, CUNY to pay Krugman very well

Krugman Keyensian Cult

Socialism for everyone, except for myself. That is usually the philosophy that proponents of big government and socialism adhere to. A politician wants to maintain the coercion, intrusion and pervasive nature of government to be applied to every … [Read more...]

Peter Schiff vs. Paul Krake: A battle over gold, inflation and QE

gold-paper

If the Federal Reserve ends quantitative easing then the United States is back in a recession and a bear market, at least according to Peter Schiff. On Tuesday, another contentious interview between Schiff and a different anti-gold establishment … [Read more...]

Why aren’t the anti-tech protesters targeting Washington too?

Occupy Movement and the one percent - Photo by: Andrew Moran

You may have heard that rent in San Francisco, California these days is sky high. The average monthly rent for a one-bedroom apartment inside the city center is more than $2,500 per month – outside it’s just under $2,000. Many people are blaming … [Read more...]

Former Obama adviser wants to make retirement savings mandatory

Coins - Andrew Moran

Millennials certainly are having a rough time in today’s economy: shackled by the chains of credit card and student loan debt, while having their dreams crushed because they have failed to attain a job in their career path. These are ingredients to a … [Read more...]

Foreign holdings of U.S. Treasury debt nears $6 trillion

yen vs dollar

In February, foreign buyers of United States Treasury securities increased their holdings by 0.8 percent to $5.89 trillion, up from the previous month’s $5.84 trillion, according to a report by the Treasury Department. Finance experts argue that … [Read more...]

Marc Faber: 1987-style stock market crash will occur next year

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On Oct. 19, 1987, which is known as Black Monday, stock markets across the globe crashed in just a very short period of time. The Dow Jones Industrial Average itself fell by more than 508 points. This will take place again within the next year, … [Read more...]

Charles Barkley must read Henry Hazlitt to understand the concept of ‘tipping’

Money

Former NBA all-star and now commentator Charles Barkley recently sat down with Conan O’Brien and said that Michael Jordan, Tiger Woods and Scottie Pippen are very cheap individuals and that they don’t give homeless people money or they don’t tip … [Read more...]

J.P. Morgan warns of rampant global price inflation

inflation_1811026c

We reported last week of the numerous examples of immense inflation in prices. Add J.P. Morgan as a party that is concerned as inflation is about ramp up after more than two years of it (supposedly) remaining low. According to its weekly roundup … [Read more...]