For several months, Peter Schiff, president of Euro Pacific Capital and author of “Crash Proof,” has been talking about how the Federal Reserve will either reverse its tapering efforts of quantitative easing or revive QE once the markets experience a freefall and extreme volatility. In the past month or two, markets have been volatile, which […]
Archives for November 2014
Week in Review: Nov. 10 – Nov. 16
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: Epic Video: ‘A Tale of Three Brothers’ and ‘The Progressive Income Tax’ Federal Reserve’s Charles Plosser says central bank should be worried over low rates (hot) Millennials are […]
Ben Swann: 2014 libertarian election victories unprecedented
David Stockman: Infrastructure spending is another excuse for deficit spending (video)
David Stockman, former Reagan budget director and bestselling author of “The Great Deformation,” appeared on CNBC earlier this week to discuss the federal government’s infrastructure spending initiative. However, Stockman believes that the calls for infrastructure spending is just another veiled disguise for deficit spending. The U.S. is already spending $150 billion more a year on […]
5 ways the government taxes (and hurts) the poor
The issue of taxation in the United States and in most developed countries is a complex matter. With the tax code bigger than a lot of books on quantum mechanics, existential philosophy and crime noir combined, complying with the current tax system can be quite the headache for most middle- and lower-class individuals. Indeed, the […]