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: Price Inflation at Xmas: ’12 Days of Christmas’ items cost $27,673 Were Thanksgiving and Black Friday failures for retailers? (hot) Economists are constantly wrong about Federal Reserve interest […]
Archives for December 2014
What affects mortgage rates? (Infographic)
A new infographic produced by the Equal Housing Opportunity takes a look at what exactly affects mortgage rates. From your credit score to actions conducted by the Federal Reserve, there are a variety of factors to take into account when calculating and considering mortgage rates.
Greater number of Americans becoming delinquents on their auto loans
The national economy is supposedly getting better, and that means consumers are ramping up their appetite for borrowing, credit and debt. This trend can be situated in the automobile industry as more Americans are buying cars, but the important question is: can they afford it? According to two new reports released by Experian and TransUnion […]
T. Boone Pickens: Crude oil will rise back to $100 within 18 months
Oil prices are making headlines as consumers are paying around $2 per gallon of gasoline, something that hasn’t been seen in a very long time. Due to the shale oil revolution and technological advancements in the industry, it’s projected a barrel of crude oil will stay at these current levels, and lower, heading into the […]
Peter Schiff: ‘U.S. economy is headed to a recession’
Will the good times keep on rolling or will the party come to an end? According to Peter Schiff, the United States economic recovery will soon cease and then head into a recession causing the Federal Reserve to relaunch another edition of quantitative easing. Speaking in an interview with Newsmax last week, Schiff explained the […]