Well, the bitcoin community certainly isn’t going to like this. Speaking at the Berkshire Hathaway 2018 annual shareholder meeting billionaire Warren Buffett compared the peer-to-peer decentralized virtual currency to “rat poison.” Buffett said to reporters that the cryptocurrency is “probably rat poison squared.” Berkshire Hathaway’s vice chairman Charlie Munger also provided his thoughts on the […]
Archives for May 2018
Week in Review: April 30 to May 6
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. personal savings rate dips, spending jumps in March Ron Paul: Baby Alfie, the Latest Victim of Omnipotent Government Alex Mooney asks Fed, Treasury what U.S. government policy […]
Random Friday: Kane, ethanol cronyism, Alex Jones-Ben Shapiro
News Story of the Day: Is Knox County ready for hellfire and brimstone! The Big Red Monster is running for mayor as a Republicans! By gawd! Glenn Jacobs, better known as Kane from the WWE, has confirmed that he has won the Republican nomination for Knox County mayor. Jacobs has been a stellar libertarian and […]
Snapchat shares crater to $11, snaps half of value in three months
If you purchased shares in Snapchat after the company’s IPO, you are in the red. Deep in the red. Despite gathering some momentum in recent months, the stock cratered this week. On Tuesday, Snap plunged 20 percent, settling at an all-time low. The pain is continuing on Wednesday as shares are down about one percent. […]
LOL: Hillary Clinton claims being a ‘capitalist’ hurt her in 2016
Hillary Clinton has come up with Excuse No. 239532 as to why she lost the 2016 presidential election or had a hard time in the Democratic primaries. On Wednesday, the woman who will never be president claimed in an interview that being a capitalist hurt her in 2016 because many Democrats are socialists. She told […]