The minimum wage debate is back in the spotlight (yet again). CNN has even dedicated an entire special on their website entitled “The minimum wage fight,” in which it highlights several articles that profile minimum wage workers, an analysis on the minimum wage and how certain companies are fighting against the proposed $10.10. Soon, the […]
Archives for May 2014
Jim Rogers: Fed’s QE has been a ‘disaster’ for everyone, time to buy gold
Jim Rogers, legendary investor and bestselling author of “Hot Commodities,” sat down with HardAssetsInvestor.com last week (published Monday) to discuss, gold, commodities, the Federal Reserve and the crisis occurring in Ukraine. Here are takeaways from his interview. Gold Rogers said that he believes there will be another opportunity within the next two years to purchase […]
Will the NBA hold Jay-Z to the same standard as Donald Sterling?
A report of Jay-Z, former co-owner of the Brooklyn Nets and now an agent for NBA players, holding a black-only part is beginning to make the rounds again after the basketball league banned Donald Sterling and fined him $2.5 million. It was reported that Jay-Z hosted an extravagant party in early 2010 in London and […]
Week in Review: Apr. 28 – May 4
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: Sterling & Racism: Free markets still outweigh discrimination Personal Financial Collapse Continues: Millions have zero cash savings Warren Buffett won’t pay more in taxes than what he’s required […]
A perfect cartoon for the Keynesian you know
The Keynesian economic theory is pretty absurd from breaking windows to stimulate the economy to running budget deficits to create prosperity. This cartoon is a perfect illustration to describe the entire Keynesian economic theory.