Jim Rogers, a legendary investor and chairman of Rogers Holdings, spoke with China Money Network on Monday to discuss a wide variety of economic issues, such as geopolitical risks, Chinese monetary policy and artificial liquidity. One particular topic of the interview has generated quite a bit of buzz: bitcoin. While other prominent libertarians have criticized […]
Archives for May 2014
ECB policymaker warns central banks on verge of currency wars
Unless central banks across the globe cooperate and they take into account exchange rates in monetary policy, the European Central Bank (ECB) and other banks could be embroiled in devastating currency wars in the near future, says ECB policymaker Benoit Coeure. Delivering a speech Friday entitled “Currency wars and the Future of the International Monetary […]
Week in Review: May 19 – May 25
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: Ben Bernanke: No need to reduce $4 trillion Fed balance sheet Ron Paul says tax reform can only succeed with spending reform 12 ways to save money amid […]
Marc Faber thinks a 20% collapse in market is coming
Marc Faber, legendary contrarian investor and editor of the Gloom, Boom & Doom Report, is continuing his bearish ways on the United States stock market and overall economy as he believes U.S. stocks are overvalued. “I don’t regard this as a very healthy market,” Faber told CNBC on Thursday from Singapore. “The U.S. market is […]
Labor market in crisis as half of unemployed have stopped looking for work
So much for the labor market recovering… A new poll conducted by Express Employment Professionals found that 47 percent of unemployed Americans have quit looking for work, while 82 percent stated that they are “becoming more discouraged the longer I am unemployed.” When asked how much they agreed or disagreed with the statement “I’ve completed […]