Archives for February 2016

As Super Tuesday looms, a look at the GOP, Democratic polls

Super Tuesday is upon American voters in many very important states. About half of the primary's delegates are up for grabs Tuesday in 12 states and one territory participating: Alabama, Arkansas, Colorado, Georgia, Massachusetts, Minnesota, … [Read more...]

Chart: China’s love affair with gold continues – adds 16 tons in January

A new chart from Smaulgld finds that the Chinese government, which is pressing ahead with stimulus to revive its economy, is continuing its love affair with gold. China recently added 16 tons of gold in January for a grand total of 1,778 tons. Since … [Read more...]

So what, John Kasich, if a business turns away a divorced customer? It’s their right

During Thursday night's Republican Party presidential debate, Ohio Governor John Kasich was asked about religious liberty by radio talk show host Hugh Hewitt. He pretty much summarized Kasich's position: if a customer walks into a business and asks … [Read more...]

Week in Review: Feb. 22 to Feb. 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: Crony Alert: Marco Rubio, Hillary Clinton lead Wall Street fundraising race Are subzero interest rates … [Read more...]

New York Times writer wants Trump assassinated and other reasons to fear for humanity this week

That's right. We're just a bunch of babies. Ontario Premier Stealing From Taxpayers (Again) In order to combat climate change/global warming, Ontario Premier Kathleen Wynne will be introducing a cap and trade system. This will help increase gas … [Read more...]

Video: TINSTAAFL explained using ‘Seinfeld Economics’

Many conservative or libertarian commentators and bloggers will often use the acronym "TINSTAAFL," which means there is no such thing as a free lunch. It's been written about by many economists over the years, particularly by Milton Friedman. But if … [Read more...]

5 random things for a Friday (Vancouver’s real estate market, Ron Paul on Donald Trump, sweatshops)

News Story of the Day: A new study by researchers at the Massachusetts Institute of Technology, or MIT, says that without high taxes or government support, green energy can't compete with power plants. The study noted that traditional energy sources … [Read more...]

Report: 7 things financially successful people refuse to do

Do you want to be as successful as some of those millionaires and billionaires you see on the business networks, in your neighborhoods or at the airport? Well, according to a DailyFinance report, you can start by mimicking their behavior. This … [Read more...]

Keynesian economist wants another round of quantitative easing to boost stagnant economy

A Keynesian economist that sounds a little bit like Peter Schiff? Who would have thunk it? Speaking in an interview with the Economic Times, Robert Shiller, Yale University Economics Professor and Nobel Laureate, stated that the United States … [Read more...]

Central Banks Should Stop Paying Interest on Reserves

By: Brendan Brown In 2008, the Federal Reserve began paying interest on reserve balances held on deposit at the Fed. It took more than seven decades from the US leaving the gold standard — in 1933 — for the fiat regime to do this and thus revoke a … [Read more...]