The so-called Socialist Paradise is in the midst of an “economic war” and a national economic emergency. How come? The economy contracted, inflation skyrocketed and price inflation surged. This is the state of Venezuela’s economy today. Venezuela’s central bank published economic data Friday for the first time in more than a year. The nation’s central […]
Archives for January 2016
Week in Review: Jan. 11 to Jan. 17
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: LOL: Many using iPhones, Twitter to #ResistCapitalism European Retirement Crisis: Chart looks at senior dependency ratios Video: Jim Rogers is bullish on China, Russia What’s up with the […]
5 random things for a Friday (Sanders’s $1 trillion infrastructure plan, Canada’s food prices, Ted Cruz wins FBN debate)
News Story of the Day: Bernie Sanders, self-identified socialist Vermont senator and 2016 presidential candidate, has put forward a $1 trillion infrastructure spending plan. In addition to his $75-billion-a-year plan to make public college and universities tuition-free and $15 trillion Medicare-for-all plan, he wants to spend $1 trillion on infrastructure. How he plans to pay […]
Falling loonie, rising food prices, selfie-obsessed PM – a look at Canada’s economic collapse
For years, especially since the financial crisis of 2008/2009, Canadians have sneered at their neighbors to the south. Citizens of the Great White North have repeatedly mocked Americans for their economic and fiscal picture in addition to the nation’s foreign policy. And why shouldn’t they? $19 trillion in debt, $120 trillion in unfunded liabilities and […]
Will Immigration Force a Change in Sweden’s Labor Laws?
By: Per Bylund Sweden might be heading toward reform of its very rigid labor laws, which include labor union control of wages and “last in — first out” hiring and firing rules. This means the previously most-untouchable tenet of the Swedish welfare state is finally being discussed as a problem, not a value. And the […]