Archives for May 2017

How Long Can the Fed Keep the Boom Going?

By: Thorsten Polleit The US bond market trades at a quite high valuation. For instance, the 10-year US Treasury bond presents a price earnings (PE) ratio of 43. In other words: It takes 43 years for the investor to recoup the bond’s purchase … [Read more...]

Murray Rothbard responds to Donald Trump: ‘I don’t care about trade deficits’

President Donald Trump sent out a tweet on Tuesday morning, lamenting on the U.S. trade deficit with Germany and the nation's inability to pay their fair share of NATO (just disband the whole thing). Like any other Trump tweet, it was a mix of … [Read more...]

Marc Faber: U.S. has ‘a bubble in everything’

Amazon shares recently hit $1,000. Bitcoin reached a record high. The Dow Jones continues to stay above the key 20,000 recently hit $1,000. Bitcoin reached a record high. The Dow Jones continues to stay above the key 20,000 threshold. Real estate is … [Read more...]

Pleasing the customer helps Amazon stock top $1,000

Do you know what happens when you please the consumer? You make a lot of money. It's as simple as that. In the world today, there is probably no other company that pleases the shopper more than Amazon.com. This business model has helped the … [Read more...]

What is Donald Trump’s IQ? Jordan Peterson explains (video)

To the left, President Donald Trump is an imbecile who can't even tie his shoes. Also to the left, President Donald Trump is a maniacal, evil genius who is out to destroy the world. Which is it? Renowned Canadian professor Jordan Peterson, who is … [Read more...]

Liberals hate the poor – Ontario raises minimum wage to $15 by 2019

Ontario is really transforming into a have-not province isn't it? In addition to experimenting with a basic income guarantee, revamping its labor code to hurt businesses, substantially raising hydro costs and increasing the provincial debt to $300 … [Read more...]

Fail: WaPo food critic says white chefs can only sell burritos if they don’t make money

What the heck is going on in the minds of leftists these days? They're offended by everything, even by the food that you eat or cook. Oy vey. The latest craziness from the whacky left is white-owned restaurants selling food from other cultures. … [Read more...]

Cronyism: The Eye-Care Industry Wants Big Government to Crush the Competition

By: Jonathan Lee Big Eye is watching you. For more than a decade, lobbyists from Johnson & Johnson (J&J), which controls over 40 percent of the contact lens market as a result of their cozy relationship with optometrists, and the … [Read more...]

Shock: Pope Francis celebrates business, rails against welfare

Wait a minute...Pope Francis is celebrating businessmen? That can't be! Nope. He did. Are we now on the verge of the Apocalypse? Speaking at the Ilva steel plant in Genoa on Saturday, Pope Francis gave a nod to businessmen: "There can’t be a good … [Read more...]

Week in Review: May 22 to May 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: Report: 64 Bay Area restaurants shut down amid higher minimum wage Donald Trump’s ‘priming the pump’ … [Read more...]