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: Dutch central bank quietly repatriates gold from U.S. to Amsterdam Peter Schiff responds to Paul Krugman attack (video) We’re in a currency war (whether we like it or […]
Archives for November 2014
Black Friday has reached Great Britain as consumers battle over deals
At the time of this writing, Black Friday is just getting started in Canada and the United States, but over in Great Britain, it’s about wrapping up. Unfortunately, not before consumers got injured, trampled one another and entered into battle with each another. It was a scene out of those post-apocalyptic worlds where individuals would […]
Shopping on Gray Thursday, Black Friday? Video should make you think twice
Will you be swapping the turkey for your credit card on Thanksgiving? Will you prefer to clench your fists instead of grabbing a spoon and imbibing the stuffing? Well, if you’re considering participating in the new American holiday tradition of shopping on the final Thursday and Friday of November then perhaps this supercut video will […]
Americans take on more debt as Fed proclaims end of ‘deleveraging era’
Long live consumption and debt! In a possible sign of greater confidence in the United States economy, Americans took on more debt in the third quarter as total consumer debt reached $11.7 trillion, according to a recent survey conducted by the Federal Reserve Bank of New York (FRBNY). This economic data has prompted the U.S. […]
Price Inflation, GOP and Part-Time Jobs: 5 things to watch out for in 2015
The year is winding down, and what a year it was: the Federal Reserve decided to end quantitative easing, the United States national debt is closing on $18 trillion, the Republicans regained the Senate, precious metals had another weak year and the administration’s foreign policy continues to be militant. What about next year? What do […]