Apple’s earnings and stock performance are dominating business headlines at the moment. The iPhone maker dragged the stock market down 500 points on Thursday as shares tumbled 10 percent. This has been largely driven by the trade war since its operations are situated in China. But more pain is coming for U.S. companies. A “heck […]
Archives for January 2019
WATCH: How government created San Francisco’s housing crisis
San Francisco is suffering from one of the nation’s worst housing crises. Liberal activists like to blame wealthy entrepreneurs for the mess, but there’s a myriad of other factors, including Federal Reserve money-printing and, as the clip below shows, government bureaucracy. The video examines how a laundromat owner attempted to convert the property into an […]
Phil Gramm warns Federal Reserve losing control of interest rates
Ostensibly, the Federal Reserve is losing its control on how it sets interest rates, says former Senate Banking Committee Chairman Phil Gramm. Writing in a Wall Street Journal op-ed, and co-authored by co-authored with Thomas S. Saving, a former director of the Private Enterprise Research Center at Texas A&M University, Gramm contends that the central […]
CNN kicks off 2019 with fake news
It didn’t take long for the Counterfeit News Network to post some fake news in 2019. And, as usual, it was all done to portray President Donald Trump in a negative light. To celebrate ringing in the new year, North Korean leader Kim Jong-un delivered a positive message business suit and all, according to the […]
Top 10 ECN stories of 2018
First off, we would like to thank you for coming to Economic Collapse News over the past several years. It has been fun, and it will only get better as the years go by. Now, on to the main point of this point: the top 10 ECN stories of 2018. Here they are: 1. Seattle […]