Archives for September 2014

7 highest debt-to-GDP nations

Forbes magazine released a new report Monday that ranked the seven nations with the highest debt-to-GDP ratios. Japan topped the list with 227.2 percent, while Greece (175.1 percent) and Italy (132.6 percent) were in second and third place, … [Read more...]

U.S. could spend $1.8 billion a month fighting ISIS: report

The United States military has already spent approximately $1 billion on its first wave of attacks against ISIS because the newest group is now deemed as a significant threat to the entire world. According to a new report from Center for Strategic … [Read more...]

Want to access your money? Be prepared to pay a pretty penny

A new study published by Bankrate.com has found that customers will pay up to five percent more this year if they wish to access their money at an ATM that is not owned and operated by their respective financial institution. On average, a banking … [Read more...]

Americans are spending again, and that isn’t a good thing

The Commerce Department’s Bureau of Economic Analysis released a report Monday that found Americans’ appetite for spending amplified in the month of August, a finding that has many economists ecstatic and optimistic about the nation’s overall … [Read more...]

Week in Review: Sept. 22 to Sept. 28

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: Video: Ron Paul, Tom Woods discuss libertarianism and its critics World Bank warns Ebola outbreak … [Read more...]

Americans growing concerned about outliving retirement savings

A common concern among Americans in all age demographics is not saving enough for retirement. With record-low savings rates, near-zero interest rates and not enough investors in the stock market, the retirement dream will eventually become just … [Read more...]

Poll: 36% of Americans had to cut back on food to save money in past year

What’s your opinion on the economy? Do you think the United States is on the right track or is it still spiraling out of control? Well, most Americans still think the U.S. economy is in a recession, and a growing number think the state of the country … [Read more...]

Financial author James Rickards: ‘World is in indefinite depression’

The next time that someone in Washington or Wall Street pontificates that the international economy is getting better should perhaps continue living in that bubble and avoid the reality. James Rickards, financial author of “The Death of Money: The … [Read more...]

Infographic takes a look at Austrian Economics vs. Keynesian Economics

The two competing economic theories of our time right now are Austrian Economics and Keynesian Economics. The establishment has incorporated Keynesianism into its government models and ways of stimulating the economy, while libertarians and free … [Read more...]

Guest Post: A word of caution as open enrollment for Obamacare coverage approaches

Open enrollment for 2015 health insurance coverage from the government marketplace is proposed to begin Nov. 15. People who plan to shop healthcare.gov should understand the rules or risk facing serious consequences down the road. Granted, the … [Read more...]