The Affordable Care Act (ACA), otherwise colloquially known as Obamacare, doesn’t encourage you to get a full-time job. In fact, Obamacare actually penalizes you if you obtain full-time employment because you’ll get more money by working less, says a new study. According to the Mercatus Center, the unintended consequence and broader effect of the Affordable […]
Archives for October 2016
Jim Rogers: Global financial system will collapse if Deutsche Bank fails
Deutsche Bank is in crisis mode, and this could cause serious problems for the global financial system, says world-renowned billionaire investor. Jim Rogers, chairman of Rogers Holdings and bestselling author of “Hot Commodities,” told Russia Today that the fall of Deutsche Bank could crash the financial system. This comes as the United States Department of […]
The Federal Reserve who cried ‘growth’
By: Jonathan Newman The FOMC has consistently overestimated future Fed Funds Rate (FFR) hikes. For a body that prides itself on super-scientific research methods and has teams of economists (self-described) and statisticians, it’s interesting that they can’t even predict their own behavior. The graph is comical. These errors can be either unintentional or intentional. If […]
7 key takeaways from new WikiLeaks release
As the mainstream media discuss ad nauseum Donald Trump’s comments about grabbing “her by the p*ssy” from more than a decade ago, Julian Assange and WikiLeaks released a fresh batch of documents that contain revealing emails from the Hillary Clinton campaign. It seems Assange and WikiLeaks are doing the work that the media forgot to […]
Week in Review: Oct. 3 to Oct. 9
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: For Hillary Clinton: the Trumped-Up Myths Behind ‘Trickle-Down’ Economics Can you trust the press in 2016? (video) Global negative-yielding bonds spike from $1 trillion in 2014 to nearly […]