What is a robber baron?

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In the past week, there has been a long list of articles published on various news websites and blogs vilifying businessmen and rich free market proponents (again) as supposedly nothing more than a bunch of "robber barons." This is an interesting … [Read more...]

Jeffrey Lacker says Fed ‘will still spike punch bowl’ after rate hikes

Jeffrey Lacker

The Federal Reserve's aggressive quantitative easing program may have come to an end (for now), but that won't stop the United States central bank from providing financial markets with cheap money and low interest rates. Or, in other words, … [Read more...]

Ben Bernanke launches blog on economics, finance and baseball

Jack Lew, Ben Bernanke

It's time to smack your head, shiver and roll your eyes once again. Former Federal Reserve Chairman Ben Bernanke has launched a blog, where he will opine on economics, finance and sometimes baseball. The inflationist, who is also a fellow at the … [Read more...]

Poll: Half of Americans are saving close to nothing

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Legendary comedian George Carlin once did a hilarious bit about how baseball and barbecues are no longer America's favorite pastime and now it is consumption. Buying stuff has now been considered a patriotic duty in the United States, a mantra that … [Read more...]

LOL: Every TV news report on the economy in one segment (video)

Currencies

Whether you're in the United States, Canada, Great Britain or Japan, it seems as if every single television news report on the economy is the same. Well, you're not alone in thinking this because Charlie Brooker's Weekly Wipe did a hilarious parody … [Read more...]

Week in Review: Mar. 23 to Mar. 29

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: 22 million Americans turning to tax refund advances during tax season Report: 5 personal finance lessons … [Read more...]

4 common financial mistakes millennial parents make

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When discussing the millennial generation, it's very rare to find someone connecting the generational term with either "parents" or "marriage." Since millennials are deeply in debt, out of work and still living at home, getting hitched and having … [Read more...]

Peter Schiff: ‘Fed has inflated the mother of all bubbles’

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The United States dollar has been on a roll as of late and has been trading higher than the six major currencies. But is this really positive news considering that many currencies worldwide, like the euro and pound, aren't exactly fiat models of … [Read more...]

Chart: 2014’s biggest U.S. lobbying spenders

United States Congress

If you want to get a glimpse of how much some of the biggest United States corporations are spending on influencing Washington then this chart is a perfect tool. Using data from FactSet and Center for Responsive Politics, the Wall Street Journal … [Read more...]

Video: John Oliver on municipal violations

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The latest video from HBO host John Oliver just shows the absurdities of the state and how it extracts your very last penny even without direct taxation. It also highlights the dangers of public private partnerships and the fact that private … [Read more...]