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: No, Cathy Reisenwitz, libertarians aren’t racist – statists are Bitcoin Foundation members resigning, citing opposition to Brock Pierce Pope Francis wants redistribution of wealth; Vatican worth $15 billion […]
Archives for May 2014
Study: Indebted college grads under 40 have $8,700 net worth
So much for earning $1 million, or the revised $800,000, with a university degree. According to a new study by the Pew Research Center, college graduates under the age of 40 who have student debt maintain a median net worth of just $8,700. This is a lot lower when compared to a college graduate in […]
Must-See Debate: Peter Schiff takes on Nouriel Roubini on gold, inflation
Peter Schiff debated “Dr. Doom” Nouriel Roubini on CNBC this week on a range of economic issues, such as inflation and deflation, gold and consumer prices. Although Schiff has been calling for hyperinflation and a spike of gold prices, his analysis is indeed correct and it’s inevitable that the aforementioned will likely take place. An […]
Timothy Geithner claims bailouts necessary to save U.S. from economic collapse
Despite the staunch criticism that the United States government has received over bailing out Wall Street at the height of the economic collapse in 2008 and 2009, it was a necessary measure, according to former U.S. Treasury Secretary Timothy Geithner, who published an op-ed in the Wall Street Journal on Tuesday. Geithner wrote that without […]
Jan Helfeld vs. Walter Block – A debate on anarchy vs. limited government
Libertarian commentator Jan Helfeld and Austrian Economics professor Walter Block engaged in a lively, interesting debate regarding an anarchist society vs. a system of limited government. It was certainly better than the previous debate between Helfeld and Stephan Kinsella.