If some people had their way, you would receive a monthly check just for living. This idea is gaining so much steam all over the world, which leads us to ask the question: is Switzerland the land of common sense? It appears so. On Sunday, Swiss voters overwhelmingly rejected a proposal to implement a guaranteed […]
Archives for June 2016
Probability of U.S. recession in next 12 months hits a new high
Will a recession happen in the United States within the next 12 months? The risks of one unfolding has hit a new high amid May’s weak employment numbers, says one of the world’s largest financial institutions. According to JPMorgan’s Jesse Edgerton, the probability of a recession taking place between now and next June has jumped […]
Everyone Wants Profits — Including ‘Non-Profit’ Groups
By: Jonathan Newman What is a “non-profit” organization? Are they subject to economic calculation? What can economic theory tell us about their functions? With Hillary Clinton under fire for (among other scandals) using the Clinton Foundation as “a kind of globalist grift,” and with promising new lines of research into social entrepreneurship by Professor McCaffrey and […]
Week in Review: May 30 to June 5
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: Bernie Sanders doesn’t want to talk about ‘Socialist Paradise’ Venezuela Smackdown: Ron Paul warns Alex Jones that Donald Trump will be ‘champion of the executive order’ ‘Ultimate […]
Investor says silver could skyrocket to $1,000 per ounce
Silver hasn’t been trading below the $20 mark for a long time now. After surpassing $50 an ounce a few years ago, the precious metal cratered to where it’s at today: $16 an ounce. But could silver’s misfortunes change? They very well could, says Keith Neumeyer, the founder, president and CEO of First Majestic Silver […]