Socialism has been a failure in Venezuela. Other Latin American jurisdictions that have embraced socialist policies have also experienced widespread suffering. So these headline-grabbing stories would surely interest 2016 socialist presidential candidate Bernie Sanders, correct? Nope. Speaking in an interview with MRC, Sanders was asked about the socialist catastrophes in places like Venezuela. However, Sanders […]
Archives for May 2016
Week in Review: May 23 to May 29
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: Yikes! Value of assets seized by federal law enforcement agencies exceeds burglaries Video: Ron Paul confirms he is NOT supporting Donald Trump for U.S. president Hillary Clinton’s $21.7 […]
China, Russia continue to ramp up gold holdings: IMF
China and Russia love gold. With a lot of central banks dumping United States debt, a growing number of them are embracing the yellow metal. And it isn’t subsiding. According to official numbers from the International Monetary Fund (via Reuters), Russia increased its gold holdings by 16.2 tons, while China ramped up its gold holdings […]
A Guide to the Trump-Sanders Debate
By: Ryan McMaken It looks like Donald Trump and Bernie Sanders are planning to debate each other. Drudge today is calling it “the debate of the century.” Color me skeptical. If it happens, the debate will provide some entertainment for political junkies, but the areas of disagreement between the two are actually quite small, and […]
Donald Trump must be happy – CORE steel from China faces hefty 450% duties by U.S.
As part of the United States Department of Commerce’s latest crack down on an enormous supply of steel imports, corrosion-resistant steel (CORE) from China will face hefty anti-dumping and anti-subsidy duties of up to 450 percent. The Commerce Department said on Wednesday that the duty is part of the federal government’s final clampdowns on the […]