Tucker Carlson is the only figure on mainstream television blasting U.S. foreign policy, whether a Republican or a Democrat is in charge. But, for whatever reason, he adopts the populist talking points when it comes to economics. The recent one came in an interview with Ben Shapiro, who is quite sound when it comes to […]
Archives for November 2018
Amazon posts best Black Friday as consumers buy spying devices
Amazon possibly enjoyed its best Black Friday yet with Echo leading the pack. The numbers have yet to be released, but reports already suggest that the online retail juggernaut’s “deeper discounts and even more selection” helped the company experience greater sales this year. While the Fire TV Stick and Fire Tablet were big sellers, Jeff […]
U.S. Treasuries getting the shaft from foreign investors
U.S. debt ain’t what it used to be in global financial markets. It appears that foreign investors are not interested in Treasuries like they were years ago. And that could be bad news for the Trump administration, especially as it slashes taxes and refuses to cut spending. According to the latest Treasury Department data, the […]
Week in Review: November 19 to November 25
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: COLLAPSE: Market rout intensifies, Dow Jones craters 500 points Will the Federal Reserve stop raising interest rates in 2019? Brown admits Trump was right about wildfires, proposes changes […]
Random Friday: Mortgage rates, Chinese bonds, gratitude
News Story of the Day: Mortgage rates took a nosedive last week, thanks to volatility and turmoil in global financial markets. According to new data from Freddie Mac, the 30-year fixed-rate mortgage averaged 4.81 percent, down 13 basis points. This is the largest weekly decrease since January 2015. The 15-year fixed-rate mortgage averaged 4.24 percent, down […]