By: Mark Thornton The Opioid epidemic is spreading across the heartland of America. The number of drug overdose deaths from both prescription (e.g., Oxycontin) and black market (e.g., heroin) opiates exceeded 30,000 in 2015. Initial estimates for 2016 indicate yet another new record of deaths. It is such an enormous problem that I taught a special […]
Archives for August 2017
Ron Paul: ‘A 50% pullback is conceivable’, not Donald Trump’s fault
The United States stock market is in a big, fat bubble. Whether it is the social media sector or the biotech side, there are many bubbles forming on the New York Stock Exchange, but don’t tell that to some investors. Many contrarian investors see a crash in the short-term. One prominent individual thinks a 50 […]
Week in Review: August 14 to August 20
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: Jim Rogers: ‘We could see the worst crash in my entire life pretty soon’ A Reminder for Donald Trump: Your job, not your job Did the U.S. just […]
Hey, Donald Trump, 7.4 million Americans are employed by foreign companies
President Donald Trump wants a mercantilist economy, a nation that is insulated from global trade, despite international commerce generating obscene amounts of wealth and opportunities for all. Today, more than seven million Americans are employed by foreign companies, which represents about six percent of total private sector employment, according to the American Enterprise Institute (AEI), […]
How Welfare States Make Us Less Civilized
By: Per Bylund Throughout history, the state has justified itself on the grounds that it is necessary to protect us from others whose habits and beliefs — we are meant to believe — are dangerous. For millennia, this fiction was easy to maintain because most people interacted so little with people outside their nearly autarkic […]