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: 17 signs a recession is coming Why Alexander Hamilton was wrong – it’s time to abolish the one-man presidency Study: 75% of Venezuelans lost 19 pounds in 2016, […]
Archives for February 2017
Gold hits three-month high on sliding U.S. dollar
Gold prices are having a strong start to 2017. Year-to-date, the yellow metal has climbed more than seven percent. Silver, meanwhile, has also jumped about 10 percent. The momentum continued on Friday as gold is poised to settle at its highest level in three months. April gold futures rose nearly $7 to $1,257.80 an ounce […]
6 random things for Friday (Marine Le Pen surges in polls, $71 trillion economy, the media and Russia)
News Story of the Day: French National Front leader Marine Le Pen has surged in the latest polls. After refusing to wear a headscarf earlier this week, Le Pen was able to turn that event into more support for her presidential bid. According to the latest polls, Le Pen in first place with 26 percent […]
Trump administration studying 50- and 100-year bonds: Mnuchin
Will the United States government soon offer a 50-year or even a 100-year bond? That is what the Donald Trump administration is studying, says Treasury Secretary Steven Mnuchin. Speaking in an interview with CNBC, the Treasury Secretary, a former Goldman Sachs employee, explained that the administration is looking into the matter, adding that it could […]
5 reasons why government spending matters more than budget deficits
By: Frank Shostak Budget deficits are often in the media spotlight. The budget deficit is defined as the difference between what the government spends and what the government collects. When the government spends more than it collects, a budget deficit exists. When the government collects more than it spends, a budget surplus emerges. The conventional […]