Happy Thanksgiving to all of our readers! It has been another great year here at Economic Collapse News. We have diversified our content, delving into more than just economics, and you have responded well to the slight change. For that, we thank you. Once again, Happy Thanksgiving to everyone. Let’s finish off the year in […]
Archives for November 2018
WATCH: Are capitalists destroying capitalism?
Legendary economist Milton Friedman famously said that the biggest danger to the free-enterprise system is enterprise itself. It made sense because large corporations rely on government subsidies, favors, and lobbying to get their way. It’s an interesting analysis, but it’s a correct one, especially when you see a company like Amazon get billions of dollars […]
Money-Supply Growth Falls to 8-Month Low as Mortgage Rates Rise
By: Ryan McMaken Money supply growth slowed in October, falling to the lowest rate recorded since February of this year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to 2016, and has fluctuated very little since March. In October, year-over-year growth in the money supply was at 3.7percent. That was down […]
REPORT: U.S. lawmakers propose taxpayer-funded bailout for failing pensions
Well, with a recession nigh, taxpayers better get ready for politicians to use their dollars for more bailouts. With public and private pension systems collapsing and on the verge of becoming insolvent, top lawmakers are proposing a taxpayer-funded bailout for retirees who belong to some failing pension plans. Right now, there are one million Americans […]
Your Thanksgiving meal is 26% cheaper in 2018 than in 1986
Unfortunately like everything else in life, the left has destroyed Thanksgiving. What was once an apolitical, relaxing, and celebratory time with friends and family you hate, Thanksgiving is now a time to whine and pout about politics. But if you’re someone who is still enjoying Thanksgiving, then you can take great comfort in this tidbit […]