Former Federal Reserve Chair Alan Greenspan spoke with the Fox Business Network on Monday to discuss the United States economy. In the interview, he noted that the long-term outlook for the U.S. economy is “not good.” The former head of the U.S. central bank explained the nation’s productivity has been slowing down significantly, which has […]
Archives for October 2014
Chart: Best YTD performer is coffee, worst is soybean meal
We are continually told that the stock market is roaring and investors should buy into the bull market before it’s too late. Whether you believe this hype or not, StockTwits have released an interesting chart that lists the best and worst year-to-date performers: The top three: – Coffee: 86.5 percent – Feeder Cattle: 44.4 percent […]
Week in Review: Sept. 29 to Oct. 5
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: Americans are spending again, and that isn’t a good thing (hot) Want to access your money? Be prepared to pay a pretty penny U.S. could spend $1.8 billion […]
How hard is it to get a mortgage? Just ask Ben Bernanke
Since the housing collapse a few years ago, the federal government and the finance industry imposed tougher lending standards. To show how hard it is to get a mortgage, former Federal Reserve Chair Ben Bernanke conceded that he has been having difficulties refinancing his home. Helicopter Ben spoke to an audience in Chicago on Thursday […]
Nouriel Roubini: ‘Financial contagion cannot be ruled out’
Despite the chaos that is transpiring all over the world – the Hong Kong protests, the U.S. war against ISIS, the Russia-Ukraine conflict, the Ebola outbreak – financial markets are still roaring ahead and seem ignorant of what’s going on in every region of the globe. Nouriel Roubini, an economist at New York University, explained […]