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: Donald Trump gets it right when he says U.S. isn’t ‘so innocent’ Is a bust coming? Fed’s money supply growth moderates Must Watch: The truth about popular culture […]
Archives for February 2017
How to Automate Your Finances Through Online Banking
When was the last time you walked inside your financial institution’s brick-and-mortar branch? In recent years, as technology has developed and as Internet has become more ubiquitous, online banking has become immensely popular with consumers all over the world. Whether you are in North America, Europe or Asia, online banking has essentially become the rule […]
When Government Acts, “Unintended Consequences” Follow
By Jp Cortez In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parable of the broken window, illustrated the destructive effects of unintended consequences. Unfortunately, because […]
A sign of things to come? Mexico raises interest rates to 8-year high to fight inflation
Is this a sign of things to come to the United States in the next few years? The Mexican central bank announced this week that it would be raising its interest rates by 50 basis points to 6.25 percent, an eight-year high. In order to combat a weakening peso and rising price inflation, especially in […]
Hey, Bernie Sanders, healthcare is not immune to the laws of economics
By: Jonathan Newman One of the great things about economics is that it is devoid of all mysticism. Every person, good, service, and dollar is treated equally — nothing is special or above the rules. There’s nothing about the supply of or demand for apples that is categorically different from that of oranges. Since every good […]