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...]

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...]

DOOM: Larry Summers warns ‘thousands will die’ from GOP tax bill

Well, you better update your estate, order your coffin and prepare for your funeral right now because the Republicans' new tax plan will kill you. Writing in The Financial Times on Monday, former Treasury Secretary Larry Summers warned that … [Read more...]

Alan Greenspan slams bitcoin, says ‘humans buy all sorts of things that aren’t worth anything’

Where was this guy during the Clinton and Bush years? Oh, yeah. He sold out to the Republicans and Democrats. Former Federal Reserve Chair Alan Greenspan has been providing some exemplary commentary over the last year or two. Despite his attempt … [Read more...]

Will half of U.S. colleges be bankrupt in 10 to 15 years?

Is the conventional, brick-and-mortar college experience coming to an end? It could be as many post-secondary institutions are facing the reality of bankruptcy...and the free market. According to CNBC, Harvard Business School professor Clayton … [Read more...]

Venezuela to launch commodity-backed digital currency

After obliterating the bolivar, the Venezuelan government is now considering adopting a digital currency that it can destroy. Reuters is reporting that President Nicolas Maduro announced on Sunday that the government will establish the "Petro," a … [Read more...]

Week in Review: November 27 to December 3

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: Germans carry the most cash, Portuguese the least WATCH: Amazon’s Alexa is a wacky … [Read more...]