Archives for December 2016

5 random things for Friday (Dow overbought?, Thomas Sowell on diversity, John Stossel)

News Story of the Day: billionaire investor Carl Icahn believes banking and environmental regulations stifle economic growth in the United States. Icahn, who has joined the Donald Trump administration as a special advisor to regulatory reform, issued … [Read more...]

Russia added one million more ounces of gold to its reserves in November

A new chart from Smaulgold highlights that the Russian government has added more gold to its reserves. The Central Bank of Russia added one million ounces, or 31 tons, of gold to its reserves in November. This is the second consecutive month in … [Read more...]

Not surprising! Democrats received more donations from government workers than GOP

Well, we certainly know which political party unions and government employees support. To no one's shock whatsoever, a new report has found that Democratic politicians received more donations from federal civil servants and government employee … [Read more...]

Week in Review: Dec. 19 to Dec. 25

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: Will Ron Paul get a spot on Federal Reserve Board of Governors? Will A Stronger Dollar Cause a Trade War … [Read more...]

Rand Paul celebrates Festivus by ‘airing of grievances’ over federal waste

One Republican lawmaker is channelling his inner "Seinfeld." "We’ve got a lot of problems with how our tax dollars are spent!” Kentucky Republican Senator and former presidential candidate Rand Paul said in the report, quoting the famous Frank … [Read more...]

ECN wishes you a Merry Christmas & a Happy New Year (or Festivus)

We here at Economic Collapse News would like to take this time to wish you and your family a Merry Christmas and a Happy New Year. Or, if Christmas isn't your thing, then a Happy Festivus! We are grateful for all of your visits, comments (positive … [Read more...]

Scary! Donald Trump: ‘Let it be an arms race’, the U.S. will win it

Is there any reason why liberals have decided to stockpile guns, food and emergency supplies similar to what conservatives have done over the past eight years? United States President-Elect Donald Trump issued a tweet on Thursday, noting that the … [Read more...]

Living With Your Parents: Percentage of young adults living at home today unseen in 75 years

Millennials in the United States, which are generally those between the ages of 18 and 34, have gotten a bad reputation in recent years. Whether it's their apparent need for safe spaces and trigger warnings or obsessions with video games, millennials … [Read more...]

Why Are U.S. Dollar Bills Worth Anything?

By: Frank Shostak Why are the dollar bills in people's pockets worth anything? According to some experts, the dollar bills carry value because the government in power says so. Other experts are of the view it is because people are willing to … [Read more...]

5 random things for Friday (Canada’s record debt, Ayn Rand on population, Hillary tries to econ)

News Story of the Day: Canadians keep digging themselves deeper and deeper into debt, and there is no sign in sight that debt consumption will slow down. According to the latest numbers from Statistics Canada, Canadian household debt hit another … [Read more...]