For years, Ron Paul has been adamant and consistent about his Austrian, libertarian-learning economic thinking. Each time the former Texas Republican Congressman has been interviewed, he usually attacks the system and not those in charge. One just has to look back to the 2012 presidential election, Dr. Paul hardly criticized President Obama but rather the […]
Archives for July 2015
Week in Review: Jun. 29 to Jul. 5
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: The audacious words of Greek PM Alexis Tsipras Video: LearnLiberty explains ‘Everything Has Its Price’ Puerto Rico Governor: $72 billion debt ‘is not payable’ Do you want to […]
Happy Fourth of July to all of our readers!
To all of our dedicated and loyal (or new) readers, we would like to wish you a Happy Fourth of July! We hope you have a wonderful time with your family, friends and fellow Americans.
How the U.S. government, Federal Reserve can take a lesson from George Costanza
In an episode of “Seinfeld” entitled “The Opposite,” George Costanza decides to do the opposite of everything he has ever thought of or done. Instead of tuna on toast and coffee, he has chicken salad and a cup of tea. Throughout the episode, he fights back against movie theater seat kickers, told the truth to […]
U.S. labor force participation rate falls to 1977 levels at 62.6%
The Federal Reserve may continue to sell the fallacious idea that the labor market is improving, but public data suggest quite the contrary. In fact, after weak April and May jobs reports, and a lower-than-expected June jobs payroll report, we have the latest on the labor force participation rate, a statistic we have to pay […]