I wrote recently about how self-employment and small business have been in decline in America since the economic crisis starting in 2007, and how backwards economic policies of the government were only making things worse. The Economic Collapse Blog has a new article about the decline of small business and the self-employed in America. They […]
Archives for May 2013
Ron Paul slams Internet sales tax, calls it ‘backwards thinking’
The Marketplace Fairness Act, otherwise simply known as the national Internet sales tax, has received a tremendous amount of support from Republicans, Democrats, state governments, big businesses and trade associations. Proponents say it levels the market playing field, while opponents argue it’s just another tax increase and cash grab for governments. Last week, the United […]
9 new Obamacare tax hikes that will cripple the U.S. economy
Much of Obamacare has already been implemented but there are nine new taxes that have not yet gone into effect. Americans for Tax Reform is out with a report on all the Obamacare taxes that start going into effect in tax year 2013 and beyond. These new taxes will help to destroy small businesses and […]
Why the price of gold won’t collapse
CNBC has come out with an article about why it is unlikely for gold to fall further in price. There are three principle reasons for this bullish outlook, according to the author: Slowdown in exchange-traded fund (ETF) liquidation Gold rush in China and India from strong retail demand Increased buying by central banks I would […]
Economic collapse continues as Federal Reserve unlikely to end aggressive stimulus
The Federal Reserve’s efforts of acquiring $85 billion each month of Treasurys and mortgage bonds will persist. It is widely believed that when the Fed ends its two-day meeting it will just issue a statement confirming that it will continue to stimulate the United States economy, despite the drop in business activity. Fed Chairman Ben […]