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: Meme Monday: Defaced Bernie Sanders sign simplifies socialism for the Internet Paul Krugman’s 1993 stance on free trade very different from 2016 views David Stockman asks valid question: […]
Archives for March 2016
We Need the Pain that Comes with More Saving
By: C. Jay Engel The endgame of monetary side manipulations is upon us. Since 2008, central banks have done what they thought was needed to bring the markets back from the pain they experienced during the crash. The problem, of course, is that these Keynesians and Monetarists placed the high level of stock markets as […]
Thanks Minimum Wage: Domino’s likely to phase out pizza deliverymen with robots
Yahoo Tech‘s story on Domino’s testing out automated deliverers starts out with “Domino’s thy name is innovation.” But it actually should start out with, “Domino’s deliverymen, thy name is death because of the minimum wage.” Reportedly, Domino’s is testing an automated delivery experience over in Australia. The pizza titan is expecting to deploy an automated […]
5 random things for a Friday (Canada’s retirement age, ‘Bernopoly’, a Hayek quote)
News Story of the Day: Despite the recent warning from Citibank regarding the world’s $78 trillion pension shortfall (SEE:), Canadian Prime Minister Justin Trudeau took a step back from taking selfies and reading Vogue magazine to announce that he’s rolling back the retirement eligibility age for Old Age Security (OAS). In 2012, Trudeau’s predecessor, Prime […]
Peter Schiff: Federal Reserve can’t admit U.S. economy is weak
Is the Federal Reserve losing credibility? After this week’s announcement that the federal funds rate would be maintained between 0.25 and 0.50 basis points, and cut its economic forecast by 0.2 percent to 2.2 percent, one contrarian investor thinks so. Peter Schiff, president and CEO of Euro Pacific Capital, told Benzinga that the Fed is […]