By: Frank Shostak At the World Economic Forum in Davos Switzerland, Joseph Stiglitz the Nobel Prize-winning economist argued in favor of phasing out currency and moving toward a digital economy. The view expressed by Stiglitz is similar to that of former IMF chief economist Kenneth Rogoff who has been arguing for many years that there […]
Archives for January 2017
Marc Faber: Trump’s Muslim ban ‘will have a very negative impact’ on U.S. dollar, stocks
One contrarian investor is joining the chorus of other investors and corporate leaders in warning about the dangers of Donald Trump’s temporarily withholding of visas from citizens of seven Middle Eastern countries. Marc Faber, the publisher of the Gloom, Boom & Doom report, told CNBC that the president’s travel ban will lead to significant losses […]
A simple description of the state of U.S. politics
The United States political system is in disarray. The left is beating up Donald Trump supporters, burning Muslims’ limousines and using fascist methods to defeat…fascism. The right, meanwhile, is championing everything that Trump does, even if it contradicts everything they’ve espoused for the last eight years. We live in strange times indeed. How can you […]
Week in Review: Jan. 23 to Jan. 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: Victory! Donald Trump kills the TPP Ron Paul on President Trump: ‘What matters is what he can undo’ Will inflation create an election shock in Germany this year? […]
Must Watch: Funniest SJW moments from #DNCDebate
The Democratic National Committee (DNC) is searching for someone to lead the party into the 2018 congressional election and 2020 presidential election. Will the party abandon identity politics and transform into a party of inclusion? Nope! If you watched at least a minute of the #DNCDebate, you can tell that it is still embracing identity […]