Archives for December 2017

Will the U.S. have the longest economic expansion in history?

It has been about a decade since the United States economy endured the worst recession since the Great Depression. It was a real bloodbath out there. Thanks to the Federal Reserve, the U.S. economy is expanding, and blowing bubbles all over the … [Read more...]

LAND OF OZ: The Fed’s Fantasy on Neutral Interest Rates

By: Frank Shostak In her testimony to the Congress Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to be quite low by historical standards. From this, she concluded that the federal funds … [Read more...]

FAKE NEWS: CNN botches another ‘exclusive’ Donald Trump story

A week after ABC News posted fake news about Candidate Trump ordering Michael Flynn to reach out to the Russians, CNN followed suit, reporting their own fake news. On Friday, CNN hyped an "exclusive" report that suggested collusion between the … [Read more...]

Week in Review: December 4 to December 10

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: FAKE NEWS: ABC News reports false story, suspends Brian Ross, Trump wants lawsuits Venezuela to launch … [Read more...]

Bitcoin Loses Steam as Steam Loses Bitcoin

By: Matthew McCaffrey The skyrocketing price of Bitcoin has dominated the financial news for the past few weeks, and the usual suspects are queuing up to offer predictions about its continued rise or inevitable fall. Yet it’s not all good news … [Read more...]

6 random things for Friday (Nov. jobs report, free trade benefits, libertarian Xmas gifts)

News Story of the Day: President Donald Trump must certainly be giving the fist bump to every person he sees in the White House, especially after the latest jobs report. The United States economy added 228,000 jobs in November, which is more than … [Read more...]

WOW! It took bitcoin just three minutes to jump $1,000 – and other figures

One bitcoin is presently valued at just under $16,600. Who knows? Perhaps that will change within the next several seconds. Thursday turned out to be a whirlwind day for the peer-to-peer decentralized virtual currency. It soared to $19,000 in a … [Read more...]

Media question Donald Trump’s health, called it sexist to question Hillary Clinton’s

Remember when the mainstream media called it sexist and a conspiracy theory to question former Secretary of State Hillary Clinton's health during the 2016 presidential election? Well, that same media are now pontificating on President Donald Trump's … [Read more...]

LEAVE: In Europe, Exploited Regional Populations Are Growing Restless

By: Jeff Thomas Recently, the people of two of Italy’s most prosperous regions voted in a referendum, on whether they wished to have greater autonomy from Rome. The referendum is non-binding, but that’s not what’s most significant in the … [Read more...]

WATCH: Chuck Grassley gets it right on Democrats, Trump-Russia probe

A lot has been learned in the last week pertaining to the Trump-Russia investigation. Not so much about the contents of the investigation (SEE: FAKE NEWS: ABC News reports false story, suspends Brian Ross, Trump wants lawsuits), but who is exactly … [Read more...]