‘Ultimate Bubble Signal’: Number of unsold $100 million homes could top 50 this year

Is the accumulation of unsold nine-figure homes "the ultimate bubble signal" and warning of a housing crash? The New York Times suggests it is. The newspaper reports that a record-high 27 properties worth at least $100 million are listed for sale. … [Read more...]

Smackdown: Ron Paul warns Alex Jones that Donald Trump will be ‘champion of the executive order’

Infowars has unofficially transformed into an advocacy group of Donald Trump. Alex Jones and Co. have really gone fully behind the real estate billionaire mogul and now Republican nominee. It seems that Jones is trying to get prominent libertarians, … [Read more...]

LOL: Bernie Sanders doesn’t want to talk about ‘Socialist Paradise’ Venezuela

Socialism has been a failure in Venezuela. Other Latin American jurisdictions that have embraced socialist policies have also experienced widespread suffering. So these headline-grabbing stories would surely interest 2016 socialist presidential … [Read more...]

Week in Review: May 23 to May 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: Yikes! Value of assets seized by federal law enforcement agencies exceeds burglaries Video: Ron Paul … [Read more...]

Housing Bubble 2.0: Wells Fargo starts to offer 3% down payment, follows Bank of America

Is another housing bubble on the way in the United States? It could be housing bubble 2.0 as another American bank started to offer a very low down payment mortgage. This week, Wells Fargo introduced the yourFirstMortgage program that offers … [Read more...]

Huge: China announces that it wants to set world’s commodity prices

China wants to set the world's commodity prices. The world's second-largest economy warned conventional financial hubs that it wants to create its own raw material markets for setting prices, according to a new report from Bloomberg News. By doing … [Read more...]

5 random things for a Friday (down payment in London reaches record high, professional protesters, Rothbard on libel)

News of the Day: Households in the United States feel vulnerable despite hardly recovering from the economic collapse. According to a new report from the Federal Reserve released Wednesday, households said they were "doing OK" or "living … [Read more...]

Study: Key to ending income inequality is policy reform, not raising taxes on the rich

Want to solve income inequality? Reform policies instead of raising taxes on the wealthy. According to a new report from the Competitive Enterprise Institute (CEI), the most effective way to help the poor is for public officials to implement … [Read more...]

Breaking: Donald Trump crosses delegate threshold with 1,238 delegates

It's official. Presidential candidate Donald Trump has reached the threshold to secure the GOP nomination, according to a new report from the Associated Press. The real estate billionaire mogul now reportedly has 1,238 delegates, which means he … [Read more...]

Former McDonald’s CEO admits buying robots is cheaper than hiring minimum wage workers

Fast-food workers, for whatever reason, believe they're immune to the blowback and unintended consequences of the minimum wage. They think that there won't be any ramifications to raising the minimum wage to $15 per hour. As we reported this week … [Read more...]