How ‘Saudi America’ made OPEC irrelevant

Over the last 12 months, crude production levels in the United States have spiked more than 10 percent. Many experts project that U.S. oil output will top 10 million barrels per day (bpd) sometime this year, or at the least next year. Essentially, … [Read more...]

War on Cash: EU says criminals prefer using cash to bitcoin

Another day, another attack against cash. The European Union (EU) has released new evidence that criminals are more likely to use cash than digital currencies like bitcoin. Is this real proof or just another excuse to amplify the war on … [Read more...]

Trump’s Watch: Monthly federal spending tops $400 billion for first time

The United States government does not having a revenue problem. Washington has a spending problem. And it doesn't matter who is in office - R or D or Donald Trump - the state will continue to spend like drunken sailors (sorry drunken … [Read more...]

Can Japan End its Easy-Money Addiction?

By: Brendan Brown The shock landslide defeat of PM Shinzo Abe’s Liberal Democratic Party (LDP) in the recent Tokyo metropolitan elections — and the triumph there of Tokyo Governor Koike’s new party (Tomin First) — has lit a faint hope that the … [Read more...]

Robert Wenzel launches weekly YouTube series, talks Say’s Law

Robert Wenzel, the editor and publisher of Economic Policy Journal and Target Liberty, has launched a new weekly YouTube series called "Sunday Morning with Robert Wenzel." This should be juicy. In his first episode, Wenzel talks Say's Law - … [Read more...]

Video: Students love socialism, can’t explain what it is

University students today love the concept of socialism and communism. That is because they are constantly told by their Marxist professors and Bernie Sanders that it will end poverty and make everyone happier. Campus Reform conducted several … [Read more...]

War on Cash: Visa wants restaurants to start ‘journey to cashless’, MasterCard tests fingerprint scanner

The war on cash isn't just a nefarious plot being perpetrated by the governments, central banks and law enforcement agencies of the world. It is also being conducted by the private sector, including credit card giants Visa and MasterCard. Visa … [Read more...]

Week in Review: July 10 to July 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: ‘In over their head’ Canadians can’t cope with BOC’s rising interest rates ‘Welcome to Hell’: … [Read more...]

5 Takeaways from the House’s Janet Yellen Hearing

By: Tho Bishop On Wednesday, Janet Yellen testified before the House Financial Services Committee. Though the hearings lost much of their appeal when Dr. Ron Paul retired from Congress, the House Republicans have maintained a reputation for … [Read more...]

Wow! PewDiePie educates 56 million subscribers on gender pay gap myth

Certainly you should never get your economics education from an entertainment YouTube channel. That said, it is interesting when a channel has tens of millions of subscribers and they are able to open up the minds of many of their viewers. This … [Read more...]