Peter Schiff: ‘We’re headed for a major major crisis’ under Trump

Has anything really changed under President Donald Trump? Not really, says Peter Schiff, President and CEO of Euro Pacific Capital. Speaking in an interview with Future Money Trends, Schiff warned that many investors need to begin protecting their … [Read more...]

Week in Review: Apr. 10 to Apr. 16

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: Did the Bush-Clinton-Bush-Obama era destroy middle class Americans? Arizona Coyotes requesting taxpayers … [Read more...]

6 random things for Friday (San Diego job loss, Fed is a currency manipulator, diversity of thought)

News Story of the Day: California will have a minimum wage of $15 per hour by the year 2023. It is gradually inching towards that amount, but one jurisdiction is getting a head start by raising it right to $11.50 an hour from $10. San Diego … [Read more...]

Why did the Rust Belt rust? (video)

So, why exactly did the Rust Belt rust? It wasn't because of free trade or the marketplace. It was because of big business and labor unions. Research has found that the Rust Belt began to rust up following the Second World War up until about the … [Read more...]

Viral video shows robots completing 200k packages a day at warehouse

The growth of industrial robots will only accelerate moving forward. Across the globe, businesses are adopting automation as a way to enhance productivity and curb labor costs. In other words, the fight for $15 crowd will be severely disappointed … [Read more...]

Corporate debt hits fresh highs, earnings grow at slower pace

Corporate debt hit a record high last year as the health of the market has come into question. Despite earnings growing at a sluggish pace, corporate debt in nearly every sector has outpaced 2006. Corporations in consumer staples, healthcare, … [Read more...]

Arizona Coyotes requesting taxpayers to pay for new NHL arena

When you think of hockey teams, which ones immediately come to mind? New York Rangers? Pittsburgh Penguins? Boston Bruins? Toronto Maple Leafs? Well, what about the Arizona Coyotes? Despite immense fan apathy and holding the third-worst record in … [Read more...]

Did the Bush-Clinton-Bush-Obama era destroy middle class Americans?

By: Hunter Lewis Noah Smith, writing in Bloomberg, says that middle class America has indeed been fleeced by our national economic policies. We agree. But which policies have been responsible? Smith mentions and immediately dismisses trade, … [Read more...]

Week in Review: Apr. 3 to Apr. 9

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: Even Bill Maher wants Hillary Clinton to ‘stay in the woods’ Is foreign aid the answer? Nope, it’s free … [Read more...]

Justin Trudeau will save us from the robot invasion

Canadian Prime Minister Justin Trudeau is going to save Canada from the robots. Replying to a question on Quora, the head of state, who likes to travel more than work and let taxpayers foot the bill, explained that robots replacing human jobs is … [Read more...]