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: RETIREMENT CRISIS: 25% of Americans forced into retirement, lack funds to survive WATCH: 2020 presidential candidate blowout – free stuff vs. bailouts GIMME SHELTON: Trump’s newest Fed pick […]
Archives for June 2019
Random Friday: May jobs report, interest rates, Common Core
News Story of the Day: Well, it wasn’t a May that many had hoped for or forecasted, so how will President Donald Trump spin it? He will likely say, “See! That’s why we need lower interest rates!” According to the Bureau of Labor Statistics (BLS), the U.S. economy added just 75,000 new jobs and the […]
HEROIC: Tulsi Gabbard says Edward Snowden should be pardoned
It is safe to say that most of the Democrats think the likes of Edward Snowden and Julian Assange should be imprisoned for blowing the whistle on the evils of government. Representative Tulsi Gabbard (D-HI) is not one of those Democrats. As president, she would pardon Snowden. One word: heroic. What would Joe Biden do? […]
Will the Federal Reserve cut interest rates? Market thinks so
Like a petulant child screaming for candy at the supermarket, the White House may finally get what it wants: Lower interest rates. Equities are rallying for the second straight day on Wednesday as the market is forecasting a rate cut, not a rate hike, by the Federal Reserve. According to the CMEGroup Fed Watch tool, […]
Millennial homeownership rate at 1994 levels in Trump economy
President Donald Trump has declared that this is the greatest economy in the history of the nation. While this is hyperbole on his part, the national economy is not as strong as it looks. Yes, the labor market is booming – job creation is higher, wages are climbing, and weekly unemployment filings are sliding – […]