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: 5 reasons why the economic collapse of Puerto Rico happened How Brexit Could Help All of Europe Warren Buffett warns he’d take his money out of the banks […]
Archives for May 2016
‘Socialist Paradise’: Starving Venezuelans hunting down cats, dogs and pigeons to eat
This is what happens when you mix socialist central planning, inflation and price controls: people killing dogs on the street to eat. Yikes! Citizens in the “Socialist Paradise” of Venezuela are hunting down dogs, cats and pigeons for food. Due to a massive shortage of food and widespread starvation, Venezuelans are killing animals for food. […]
War on Cash: ECB ends production, issuance of 500-euro banknote
The war on cash continues. It’s over for the 500-euro banknote. The European Central Bank (ECB) announced Thursday that it will end the production and the issuance of the 500-euro banknote. The reason for this move, after months of speculation, is because the paper bill is mostly used by criminals and money launderers. Banknotes in […]
5 random things for a Friday (‘The Problem With Socialism’, a Thomas Sowell quote, Trump ‘is literally Hitler’)
News Story of the Day: Historian and economist Thomas DiLorenzo has a new book out that takes apart socialism while being aimed at millennials. The book, entitled “The Problem With Socialism,” will be published July 18. Here is a statement via LewRockwell.com: My new book, The Problem with Socialism, will be published on July 18 by […]
Civil Asset Forfeiture and the Income Tax
By: Tate Fegley While you are likely still recovering from Tax Day, don’t be lulled into thinking that the pain is over. Your property is never fully safe from government confiscation. One of the few areas of innovation in which the state excels is how to extract ever more wealth from the productive class, and […]