Are you an investor in American junk bonds? Prepare yourself in the eventual pop in the junk bond bubble. According to a research note by UBS Group AG credit strategists Matthew Mish and Stephen Caprio (via Bloomberg News), a slowdown in United States economic growth could prompt the bubble in junk bonds to explode. And […]
Archives for April 2016
Wow: Saudi Arabia warns $750 billion sale of U.S. assets over 9/11 role reveal
Is Saudi Arabia bluffing or is it being genuine in its latest threat? Over the weekend, it was reported by the New York Times that kingdom officials warned it would sell $750 billion worth of United States assets if the Obama administration or congressional representatives reveal the oil-rich nation’s role in the Sept. 11, 2001 […]
Interesting commentary from Ron Paul on recent Obama-Yellen meeting
Last week, United States President Barack Obama sat down with Federal Reserve Chair Janet Yellen. What did they talk about? Was there more talk of the central bank imposing policies that favor the current administration or the Democrats? It was reported that the most powerful people in the U.S. today mostly talked about the outlook […]
For Keynesians, April 15 Is “Stimulus Day”
By: William L. Anderson April 15 is here and we are required to do the following: tell the government our income and send much of it to Washington. Austrian-school economists are likely to tell you this is a bad thing and that taxes and government spending lower our living standards. In other words, the more government […]
Week in Review: Apr. 11 to Apr. 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: U.S. debt crisis continues as credit card debt approaches $1 trillion New study finds New York has the highest tax burdens, Alaska has the lowest A look at […]