We reported last week that personal bankruptcies were on the rise in Canada, thanks to ballooning debt levels, rising interest rates, and a slowing economy (SEE: BANKRUPT: Canadian insolvency filings on the rise). Now comes a new report that forecasts business insolvencies will climb in 2019 for the first time in 17 years. According to […]
Archives for March 2019
Week in Review: February 25 to March 3
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: WRITE A CHECK: Warren Buffett demands higher taxes, supports Bloomberg in 2020 U.S. Mint’s silver supply problem AOC’s Green New Deal estimated to cost $93 trillion GOP trying […]
Let’s just call the death tax what it is: the left’s envy tax
By: Andrew Moran The death tax is a symbol of everything wrong with politics and leftism. A levy on inheritance taps into the very worst in voters’ dispositions, from feeling entitled to someone else’s property to stewing in envy that somebody else will have it better than you do. While it will not be a hill to […]
LOL: Practicing private ownership, Second Amendment to the extreme
Who says citizens can’t own a tank? In a private property society, people could be allowed to own a tank, whether it is because they own the property and can establish the law of the land or they reside on property that permits the use of a vehicle. For all the flack the U.S. gets, […]
BANKRUPT: Canadian insolvency filings on the rise
The Canadian economy is barely treading water. It’s a dead shark, and there is very little chance it is going to be resuscitated anytime soon, especially with Prime Minister Justin Trudeau’s carbon tax on the horizon. Canada’s economy is leaving behind average citizens. How so? Take a look at this fact: bankruptcy filings are on […]