The media have been caught at it once again. Over the weekend, presidential candidate Hillary Clinton told the press that it would be too premature for people, namely Donald Trump, to label the incident in New York as a bombing. Interestingly enough, she referred to the weekend’s event as a bombing. Here is what Clinton […]
Archives for September 2016
Free Trade Brings Abundance — Protectionism Brings Scarcity
By: Frank Hollenbeck In a targeted attack against trade with China, Donald Trump has claimed that America has lost high paying manufacturing jobs to China because China promotes its exports through subsidies, tax advantages, and currency manipulations. The reality is that we should not care what China does. The more China subsidizes its industries, the more […]
Week in Review: Sept. 12 to Sept. 18
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: Watch paranoid, pitiful MSNBC anchors defend Hillary Clinton’s 9/11 fainting spell Central Banks May Choose Helicopter Money Over Negative Rates It’s 2007 all over again! U.S. consumers ‘flirting […]
Keynesian Myth Debunked – Infrastructure Spending Does NOT ‘Grow the Economy’
By: Patrick Trombly In a new twist, the presidential nominees from both major political parties have fallen for (or hope that the voters have fallen for) a time-worn fallacy, and have proposed government spending on infrastructure “to grow the economy and create jobs.” As David Stockman has shown, infrastructure in the United States is not […]
5 random things for Friday (NYC’s Wi-Fi porn problem, European banks treading water, H.L. Mencken quotes)
News Story of the Day: New York City Mayor Bill DeBlasio thought he was going to be the city’s champion after he promised to equip the sidewalks with free Wi-Fi. It may have sounded like a good idea, but like most political initiatives the laws of unintended consequences were revealed yet again. New Yorkers will […]