Archives for May 2015

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: Janet Yellen is Right: She Can’t Predict the Future ‘Kiss your pension fund goodbye’? Economist warns government could seize 401(k)s (hot) David Stockman: ‘It’s a coup d’etat, the […]

The socialist paradise Venezuela has an inflation problem. Well, in fact, it has a lot of problems. But inflation is definitely a crucial issue in the Latin American country. Although the government states that inflation is at only 50 percent, one chart suggests that it is actually inching towards 500 percent. With Maduro and his […]

Anti-smoking groups have long campaigned and lobbied Washington to tax and/or ban tobacco cigarettes. Public officials acquiesced to these demands. Fast forward to the present, anti-smoking groups are now campaigning and lobbying Washing to prohibit vaping or e-cigarettes, an effective alternative to smoking cigarettes. What they may not know is that these groups and organizations […]

When you look up government in the dictionary, one of the definitions is waste of taxpayer dollars. Well, that’s not exactly true, but perhaps in the future that’s what government will mean. Over the years, there have been numerous circumstances of bureaucrats and politicians wasting taxpayer dollars on frivolous items and personal charges that should […]

Humph. This seems like a first. One top Federal Reserve official encouraged policymakers to ensure it does not bail out financial industry creditors and to let them fail in order to restore market discipline. Jeffrey Lacker, president of the Richmond Federal Reserve Bank, delivered prepared remarks at the Louisiana State University Graduate School of Banking […]