With just a few days left of 2014, the price of gold is inching higher as the United States dollar weakens and the Asian economies continue to increase their purchases of the yellow metal. It appears that gold will end the year similar to how it started. During the Monday trading session, the price of […]
Archives for December 2014
10 things to say to become an enemy of the state
In today’s world, where politicians are corrupt (when were they not?), the government oversteps its boundaries, bureaucrats defies economic logic and the military-industrial complex embarks on new foreign ventures every single year, being an enemy of the state could actually be a badge of honor. Who would ever want to support such a system? Oh, […]
Will unstable mortgages create another housing collapse?
Artificially low rates, government legislation and money-printing were all ingredients for the housing collapse recipe that transpired a few years ago. Ostensibly, the United States hasn’t learned its lesson as unstable mortgages could very well produce another major housing collapse in the near future, says Paul Sperry, a media fellow at the Hoover Institute. Sperry […]
Most Americans will live below living standards in retirement: report
It’s no secret that the state of retirement is in a crisis, and it’s getting worse. For those who are on the verge of retiring, they will realize that these times won’t exactly be how they imagined them to be when they were in the midst of their careers 30 years ago. According the Center […]
Week in Review: Dec. 15 – Dec. 21
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: Afghan war costing U.S. $1 trillion; Pentagon unfunded pension liability to reach nearly $3 trillion (hot) Video: The Economics of ‘It’s a Wonderful Life’ In defense of Uber […]