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: EXODUS: Millionaires are leaving California following tax hike WATCH: Ron Paul talks NATO, North Korea – diplomacy or deception? U.S. box office posts record $3.3 billion in Q2 […]
Archives for July 2018
Random Friday: Margin debt, black conservatives, Rothbard on tariffs
News Story of the Day: here is some bad news that’s reminiscent of the crash a decade ago: margin debt reached $669 billion in May, says the Financial Industry Regulatory Authority (FINRA). This represents a 2.9 percent from April, and the previous record was in January when it hit $665 billion. But here’s the kicker: today’s […]
WATCH: William F. Buckley’s ‘Firing Line’ returns to PBS with a boring, bland centrist
For 33 seasons, the iconic William F. Buckley hosted the superb political talk show, “Firing Line with William F. Buckley.” The show featured great discussions with important people of the day, ranging from Groucho Marx to Ron Paul, from Ronald Reagan to Margaret Thatcher. What made the show remarkable, however, was Buckley himself. It could […]
Sorry, feminists, WNBA players are overpaid
By: Tho Bishop It is a credit to the economics profession that the labor theory of value has largely fallen out of style. There is, however, one sector of the economy in which it continues to be taken seriously: sports. The latest example of this economic fallacy emerged when A’ja Wilson of the WNBA’s Las […]
THANKS TRUMP: Washing machine prices spike since April
Over the last 40 years, a washing machine price-tag has been pretty consistent, rising or falling about five percent. Soon after President Donald Trump approved 20 and 50 percent tariffs on washing machine imports, as well as the plethora of other tariffs, it was widely agreed upon that washing machine prices would spike, ranging from […]