If there’s one thing that governments at all levels and central banks do quite well it’s turn a bad situation into an even worse one. Whether it’s social issues, the economy or monetary policy, both entities, which have already done a terrible job in the first place, transform it into a calamity, despite all good […]
Archives for June 2013
Federal Reserve says QE3 will come to an end next year
Following a two-day policy meeting, Federal Reserve Chairman Ben Bernanke confirmed at a news conference Wednesday that the central bank could slow down its aggressive bond-buying initiative by the end of the year and completely exit in the middle of next year because the economic data is encouraging. The QE initiative is meant to drive […]
Report: Experts say Federal Reserve won’t begin to taper QE3 until December
The financial markets have fluctuated over the past month because Federal Reserve Chairman Ben Bernanke hinted that he may begin to taper off the latest round of quantitative easing if the data suggested the economy was improving – he also said it could increase if the data permitted it. Since then, there has been much […]
Graphic: Conservatives in 2006 vs. Conservatives in 2013
This graphic was forwarded to Economic Collapse News on Tuesday and it’s a pretty telling picture of the conservatives and Republicans from 2006 to today. Although this graphic is related to the NSA fiasco and unconstitutional practices, it is very similar to the talking points on the economy: government intervention in the economy in 2006 […]
Ron Paul: Gold will ‘go to infinity’ because dollar will collapse
In an interview with CNBC on Tuesday, retired Texas Republican Congressman and three-time presidential candidate Ron Paul talked about gold prices and where he sees it heading over the next little while. Dr. Paul did not mince his words and stated explicitly that he thinks the yellow metal will go to epic proportions because the […]