America’s energy situation has been a riveting tale. In 1957, the United States imported just 11.4 percent of its petroleum. By 2005, U.S. net petroleum imports surged to more than 60 percent. Now, thanks to the energy renaissance in America today, these imports have cratered to just 12 percent. That is a remarkable achievement for […]
Archives for February 2019
WATCH: Foolish MSM accepts Jussie Smollett’s MAGA attack claims
The mainstream media never learns its lesson. Earlier this year, the MSM was extremely embarrassed when it learned that a bunch of MAGA hat-wearing white teens did not accost a Native American. Yet, based on one clip, the CNNs and the MSNBCs went into a frenzy and declared that white supremacists were taking over the […]
Week in Review: February 11 to February 17
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: What the heck is going on with Tucker Carlson? KEYNESIANISM: South Carolina spent $9 billion to dig a hole, fill it up TAXIN’ IN THE RAIN: New Jersey […]
The state of the Federal Reserve’s money-supply growth
By: Ryan McMaken Money supply growth slowed in January, falling to the second-lowest rate recorded since February of last year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to 2016, and has fluctuated little since March of last year In January, year-over-year growth in the money supply was at 3.3 percent. […]
Is AOC’s claim that New York gave Amazon $3 billion correct?
Rep. Alexandria Ocasio-Cortez (D-NY) says a lot of… well, let’s just follow our grandmother’s advice that when you have nothing nice to say then don’t say it at all. AOC’s recently claimed that New York gave Amazon $3 billion to erect its second headquarters, which comes as the website pulled out from building its HQ2 […]