Markets everywhere are taking a beating. During the start of Monday’s trading session, everywhere from Toronto to New York, from Shanghai to Berlin, just completely obliterated. With a dwindling amount of quantitative easing money seeping into markets, we’re probably going to see more of this moving forward. Here is just a brief glimpse at some […]
Archives for August 2015
Week in Review: Aug. 17 to Aug. 23
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: Edward Snowden: ‘Bitcoin by itself is flawed’ Ron Paul says Federal Reserve won’t raise interest rates in 2015 Video shows sad footage of Venezuela’s food crisis Hypocrisy Alert: […]
5 random things for a Friday (Greek Prime Minister is gone)
News Story of the Day: After just eight months in office, Greek Prime Minister Alexis Tspiras has stepped down from his post and submitted his letter of resignation. Ostensibly, the left-winger lost support from his own party after he gave the bankers and EU what they wanted in exchange for a bailout package. Greece received […]
Happy Birthday Ron Paul!
Today, former Texas Republican Congress, three-time presidential candidate and bestselling author Ron Paul turns age 80. What a life he has led. He has accomplished so much in his life, but perhaps his biggest achievement has been waking millions up to freedom, liberty and Austrian economics. We just want to wish you a happy birthday, […]
Venezuelan bolivar so worthless people use it as a napkin
The Venezuelan bolivar is essentially worthless. With oil prices exponentially falling and the national economy in chaos, the bolivar is better equipped to be used as toilet paper, a scarce product across the country, or, as this one photo suggests, a napkin. Earlier this week, one Reddit user – Victorinox126 – uploaded a photo of […]