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Wall Street-Washington Revolving Door: Eric Cantor sold for $3.4 million

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It seems the revolving door between Wall Street and Washington has spun once again. United States investment Bank Moelis & Co. announced Tuesday that it has hired Former Virginia Republican Congressman and House Majority Leader Eric Cantor, … [Read more...]

Tom Woods releasing new book ‘Real Dissent’ in coming weeks

tom-woods

Author Tom Woods is releasing a new book in the coming weeks titled “Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion.” The book includes 10 parts that contain various chapters and a foreword by former Texas Republican … [Read more...]

Want to leave the U.S.? It’ll cost you $2,350

Capitol Hill

Over the past decade or so, a growing number of Americans have become so dissatisfied with the United States that they have made the decision to renounce their citizenship and seek greater pastures elsewhere. If you’re considering giving up your … [Read more...]

Week in Review: Aug. 25 – Aug. 31

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: NABE economists say Federal Reserve stimulus program ‘on the right track’ (hot) Video: Peter Schiff, … [Read more...]

Peter Schiff: Russia-Ukraine conflict may prompt Fed to postpone taper, rate hikes

ukraine

The situation between Russia and Ukraine is on the cusp of accelerating. With Western and European pressure being placed on Moscow, and Russia responding with its own set of sanctions, one of the biggest victims in this incident may be the United … [Read more...]

Debt is ruining millennials’ health: poll

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A new survey by the Bank of Montreal (BMO) found that debt is creating stress and a loss of sleep among all age demographics. Perhaps diminishing health will lead to consumers shrinking their enormous debt levels. Here are some of the findings … [Read more...]

David Stockman: ‘There will be no Bernanke style rescue’ when market crashes

financial crisis

David Stockman, former Reagan budget director and bestselling author of the groundbreaking book “The Great Deformation,” has made damning statements on the United States economy, stock market and the Federal Reserve System before, but his latest … [Read more...]

What are you doing right now? Retale outlines a typical American day

Time

At the time of this writing, more than 20 million Americans are shopping, less than 24 million are eating and more than 11 million are sleeping. What are you doing right now besides reading this post? That’s what this website Retale.com looks at: a … [Read more...]

Burger King-Tim Hortons merger highlights Warren Buffett hypocrisy

Warren Buffett meets with Pres. Obama

This week, the Burger King-Tim Hortons merger has been making headlines all over the United States and Canada. The $11.5 billion deal will see the burger chain and the coffee giant form to create a new company that will be headquartered in the Great … [Read more...]

‘Socialist Paradise’ Sweden suffering from swelling debt levels, employee absenteeism

sweden

Sweden has long been celebrated as a place that the United States should mimic. A country that maintains a strong government, “free” healthcare and various safety nets to help every single Swede in the nation. Of course, much like what is often … [Read more...]