Archives for June 2015

Jim Rogers: Greece should ‘just go ahead and go bankrupt’, no one will remember in three months

Greece will default to the International Monetary Fund and will be on its own financially beginning Tuesday (SEE: Breaking: Greece will default to IMF on Tuesday). One financial guru believes the European country should just face the inevitable and … [Read more...]

Breaking: Greece will default to IMF on Tuesday

It's official: Greece will not pay back the 1.5 billion euros it owes to the International Monetary Fund. Instead, it will default to the IMF on Tuesday. A spokesperson for Finance Minister Yanis Varoufakis confirmed to CNN the payment would not … [Read more...]

Do you want to ban the United States flag? These people do

In light of many state governments and companies removing themselves from being involved with the Confederate flags because of its association with racism, a lot of people are asking questions: what about the United States flag? Under the U.S. … [Read more...]

Puerto Rico Governor: $72 billion debt ‘is not payable’

“The debt is not payable,” warned Puerto Rico Governor Alejandro García Padilla. Governor Padilla sat down with the New York Times and simply stated that the $72 billion in debts cannot be paid back. "There is no other option. I would love to have … [Read more...]

Video: LearnLiberty explains ‘Everything Has Its Price’

If you ever watched professional wrestling in the early 1990s then you may remember Ted DiBiase, the Million Dollar Man who famous claimed "everybody has a price." Well, in this case, everything has a price, and that's a good thing says LearnLiberty, … [Read more...]

The audacious words of Greek PM Alexis Tsipras

The financial situation of Greece only deteriorates, and this isn't boding well for Greeks. Not only are banks closed Monday, but they may be shut down for at least six days. Moreover, Greeks are only allowed to withdraw 81 euros from ATMs this week … [Read more...]

Week in Review: Jun. 22 to Jun. 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: We should be grateful for Wal-Mart (hot) Report: 3 reasons why Federal Reserve may postpone 2015 rate … [Read more...]

Chart: 30 most expensive cities for expatriates

The World Economic Forum released new data Thursday that listed the 30 most expensive cities in the world for expatriates. Surprisingly, No. 1 on the list was Juba, South Sudan. This was followed by Luanda, Angola and Zurich, Switzerland. The … [Read more...]

Want to know why millennials aren’t getting jobs? 5 weird things millennial applicants do in job interviews

Human resource professionals and hiring managers have a lot of interesting stories pertaining to their interviews, particularly with the crop of millennial professionals. Everything from eating lunch throughout an interview to having their parents … [Read more...]

Video: This is what happens when you threaten taxi monopolies

Monopolies don't like to be threatened. When you do, they behave like savages who must resort to violence and chaos as opposed to civilized debate and increased competition. This kind of behavior can be found in France, which used to be one of the … [Read more...]