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: Foreign investors continue to shed U.S. debt at record pace (hot) Donald Trump: U.S. should prepare for financial ruin (hot) 14 of the best investment quotes from Jim […]
Archives for August 2014
Jumbo reverse mortgages making strong comeback to real estate market
Soon after the subprime mortgage meltdown and the collapse of real estate prices, jumbo reverse mortgages exited from the market as values declined and there was a suspension in packaging the loans into securities for investors. They are now making a significant comeback. Immense lending isn’t just creeping its way back into the traditional home […]
Fox Contributor Lanny Davis: You are not forced to pay taxes
Jan Helfeld is out with a new video of Fox News contributor Lanny Davis, who makes the absurd suggestion that no one is forced to pay taxes. Davis argued that he voluntarily pays taxes, and so do millions of other Americans. He added that the government does not redistribute the wealth of citizens. Helfeld has […]
Investors favor gold, silver over U.S. Mint’s platinum coins
When precious metals aficionados discuss bullion investments they usually cite gold and silver. But what about platinum? Does the $1,400-plus precious metal get no love from the metals community? Apparently not. According to Bloomberg News, five months after the United States Mint began to produce coins made with platinum sales have significantly declined. The reason […]
Congressmen opposing demilitarization of police received 73% more money from defense
The United States Congress and Presidency have been accused of being for sale to the highest bidder. Whether it’s the defense industry, Wall Street or corporate cronies, there’s no doubt that there has been a strong relationship between politicians and some of the biggest companies around today. Washington’s Blog has an interesting graph out that […]