The Federal Reserve will announce this week if it will hike interest rates for the first time since 2006 or leave them unchanged at near zero since 2008 (SEE: David Stockman to Federal Reserve: Raise interest rates next week). If the United States central bank does decide to lift interest rates by between 25 and […]
Archives for September 2015
Bloomberg Poll of Economists: Next U.S. recession to happen in 2018
Recessions usually take place about every six to eight years. Since the “official” recession ended in 2009, the next recession should take place anytime between now and 2018. But one poll of economists suggests the next one will take place in three years time. According to a Bloomberg survey of economists from Sept. 4 to […]
Week in Review: Sept. 7 to Sept. 13
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 Alert: Renters spending record-high 30% of income on rent Report: Chinese central bank official admits stock market bubble has ‘burst’ Marc Faber says 21st century central […]
Donald Trump on Libertarianism: ‘I like it’
Reason TV was able to catch a soundbyte from Donald Trump and what he thinks about libertarianism. Of course, The Donald isn’t one to provide too many details on a lot of things. Here is what he said about libertarianism: “I like it. A lot of good things.” He added: “I don’t want to talk […]
2015 has been the year for central banks taking their gold out of Federal Reserve vaults
Are central banks not trusting the Federal Reserve anymore? The latest trend over the past couple of years has been for central banks worldwide to yank their gold out of the Fed’s vaults. Austria wants its gold back. Germany wanted its gold back. Russia is piling onto its gold holdings. And even the state of […]