The end of the human race may come in various forms: an external threat (asteroids, The Big Freeze, Big Crunch), an internal threat (nuclear war, natural disasters) and technological threats (artificial intelligence). There are many possibilities to consider when it comes to our inevitable demise. Stuart Armstrong of Oxford University’s Future of Humanity Institute and […]
Archives for February 2015
Chart shows Democrats embrace big business cronyism
Three Congressional Democrats – California’s Maxine Waters, Washington State’s Denny Heck and Wisconsin’s Gwen Moore – on the House Financial Services Committee moved last week to prompt the panel to consider re-authorizing the Export-Import Bank. The amendment was introduced in advance of the committee’s markup of President Barack Obama’s budget request. The chart below highlights […]
Week in Review: Feb. 9 to Feb. 15
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: Survey: Gas prices jump 13 cents per gallon, projected to go higher Tidal Wave of Debt: U.S. consumer borrowing expands $14.8 billion in Dec. 2014 (hot) Video: Reputation […]
Peter Schiff: The coming economic crash will be worse than in 2008
Last week, Peter Schiff appeared on the John Stossel show on the Fox Business Network in which he lambasted the United States government for creating the moral hazard that transpired on Wall Street a few years ago. This moral hazard, says Schiff, is what led to the taxpayer-funded financial bailouts and if the free market […]
Has NYC found another way of extracting money from residents with bitcoins?
Reports are surfacing this week that New York City is mulling over the idea of allowing residents to pay city fines and fees with the peer-to-peer decentralized virtual currency bitcoin. Although it suggests greater adoption of the digital currency from the mainstream, is this just another way of extracting money from its population at a […]