The current and future state of retirement in the United States is in a crisis. People aren’t saving enough, consumers aren’t sacrificing their imbibing habits, workers aren’t earning enough and interest rates are at record-lows. It seems those on the brink of retirement and those who will be entering into retirement in more than 40 […]
Archives for October 2014
Bitcoin price falling, popularity increasing – can digital currency survive?
The peer-to-peer decentralized digital currency bitcoin was flying high at around this time last year. It reached nearly $1,200 last November, but has since fallen to around $350, which has prompted many to call for its demise. Although bitcoin remains as popular as ever – numerous non-profit organizations, global online retailers and tech firms have […]
Janet Yellen’s 2014 YTD calendar
Are you interested in what Federal Reserve Chair Janet Yellen’s calendar has consisted of since helming the United States central bank this year? The Wall Street Journal obtained her schedule through a Freedom of Information Act request, and it pretty much highlighted that she pretty much only meets central bank officials, government representatives, banksters and […]
Jim Rogers: ‘We’re all going to pay a terrible price’ for central bank stimulus
Since the economic collapse a few years ago, the primary policy initiative for the Federal Reserve and central banks all over the world has been to print, reduce interest rates to near zero and provide cheap money to stock markets. It’s a recipe for disaster, says many contrarian investors and Fed critics, including Jim Rogers, […]
Week in Review: Oct. 20 to 26
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: Federal Reserve officials not ruling out possible QE4 (hot) Chart: 6 nations doomed if oil prices continue to descend (hot) U.S. debt held by foreign reaches record high […]