With the U.S.-China trade war intensifying with more and higher tariffs, the question is whether or not price inflation will surge. President of the Federal Reserve Bank of New York John Williams said that not only will prices increase over the coming year, tariffs will curb economic growth. “As tariffs get larger, assuming that happens, […]
Archives for May 2019
How ‘scholar activists’ push students to socialism
By: Chris Calton After the collapse of the housing market in 2008, professional historians gave birth to a new sub-field of history usually referred to as “the new history of capitalism.” Economic history is hardly novel, but the new history of capitalism takes the approach that capitalismis the “thing” that needs to be explained. In the […]
WATCH: Tulsi Gabbard asked about Ron Paul’s ‘sort of endorsement’
Former Representative Ron Paul (R-TX) is a fan of Representative Tulsi Gabbard (D-HI), who is running for president in 2020 – at least on foreign policy (SEE: HUGE: Tulsi Gabbard gets support from Ron Paul). He’s been more enthusiastic about Gabbard’s campaign (again, on foreign policy) than Gary Johnson’s in 2016, which says quite a […]
TRADE WAR: China retaliates with $60 billion in tariffs
Despite warnings from President Donald Trump not to retaliate to his 25% tariffs, China retaliated anyway, proving that you can’t kick Beijing around. On Monday, China announced that it is striking back with plans to establish import tariffs ranging from five percent to 25 percent on more than 5,000 U.S. products, totaling $60 billion. The […]
Week in Review: May 6 to May 12
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: OUT OF NOWHERE: Donald Trump hikes tariffs on Chinese imports to 25% ‘BERNIE SPEAKS’: Archive of socialist’s public access show released online Ron Paul: Is a war in […]