Archives for May 2016

Chart highlights China’s debt bubble bigger than U.S. subprime bubble

China is in for some bad times over these next few years. After overextending themselves, creating bubbles and taking on too much debt, the world's second-largest economy could be in for a severe correction, which could lead to a several-year … [Read more...]

Report: Obama administration installs ‘new regulation every two hours and 24 minutes’

The United States federal government loves a few things: war, taxes and regulations. For the last few decades, Washington, whether it's controlled by Republicans or Democrats, has expanded the tax code and the book of regulations. But it has really … [Read more...]

Donald Trump claims real unemployment rate is 20%, vows to probe government economic stats

If you use data from John Williams's Shadow Government Statistics then you could contend that the real unemployment rate in the United States is above 20 percent. This is much higher than the government touted five percent. You could take it one … [Read more...]

‘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...]

China, Russia continue to ramp up gold holdings: IMF

China and Russia love gold. With a lot of central banks dumping United States debt, a growing number of them are embracing the yellow metal. And it isn't subsiding. According to official numbers from the International Monetary Fund (via Reuters), … [Read more...]

A Guide to the Trump-Sanders Debate

By: Ryan McMaken It looks like Donald Trump and Bernie Sanders are planning to debate each other. Drudge today is calling it "the debate of the century." Color me skeptical. If it happens, the debate will provide some entertainment for … [Read more...]

Donald Trump must be happy – CORE steel from China faces hefty 450% duties by U.S.

As part of the United States Department of Commerce's latest crack down on an enormous supply of steel imports, corrosion-resistant steel (CORE) from China will face hefty anti-dumping and anti-subsidy duties of up to 450 percent. The Commerce … [Read more...]