By: Christopher Westley Let’s face it. The economic case for “price gouging” is one for which economists have both a strong argument and minority view, relative to more popular narratives drilled onto the three-by-five card of acceptable opinion. In that sense, we are in familiar territory, going back at least to Thomas Carlyle’s attack on […]
Archives for September 2017
Are You Ready for Some Politics? NFL ratings, attendance on the decline
Are you ready for some…POLITICS? NFL players have the right to take a knee during the national anthem and fuse sports and politics…but NFL fans also have the right not to watch. The NFL, known for its double standards, is in quite a bind right now: continue to support players ignoring the Star Spangled Banner […]
Week in Review: September 18 to September 24
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: U.S. credit card delinquency rate jumps in August On the brink of recession? Money-supply growth falls to 108-month low Obama making more $400k speeches to Wall Street banks […]
Jamie Dimon: Governments will close down bitcoin, cryptocurrencies
Jamie Dimon is certainly becoming the No. 1 target of bitcoiners everywhere. In recent weeks, he has called it a fraud, warned that it will crash and said it’s in a bubble (SEE: Jamie Dimon: ‘Fraud’ bitcoin could surge to $100k before it collapses). Now he thinks governments will close down bitcoin and other cryptocurrencies if […]
Cronyism, regulation keeping thousands in Florida without power
By: Tho Bishop Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With temperatures regularly eclipsing over 90 degrees, these outages are not only a grave inconvenience for Floridians cleaning up after the storm, but have proved to be deadly. Given the power of Irma, it is […]