President Donald Trump just blinked on tariffs. Speaking to reporters on Tuesday, the president announced that he was delaying some tariffs ahead of the crucial Christmas shopping season. Rather than imposing the 10 percent tariffs on the remaining $300 billion in Chinese goods, he is postponing them until December 15. Tariff Man said that he […]
Archives for August 2019
Will the Treasury declare the Federal Reserve a currency manipulator?
By: Andrew Moran Contrary to President Donald Trump’s tweets, nobody wins a trade war. But there is another type of economic conflict that nobody wins either: a currency war. As nations compete in a race to the bottom, citizens are forced to contend with politicians and central bankers beating their chests and grunting like Neanderthals as […]
GOOD MORNING BUENOS AIRES: ‘Everyone in Argentina wakes up 20% poorer today’
The market was stunned after President Mauricio Macri received just 32 percent of the primary vote over the weekend, diminishing his chances of re-election in October. Right now, it looks like center-left Alberto Fernandez and his running mate, former President Cristina Fernandez de Kirchner, are best positioned to win. On Monday, the peso and government […]
Is this the biggest bubble ever? New infographic explores historical financial bubbles
Is this bull market in a bubble? With 1,000-point gains and then 1,000-point losses on the Dow Jones, you cannot help but wonder if this is a bubble. If it is, then watch out! When it pops, it will do more damage than the economic collapse from a decade ago. That is the consensus among […]
Week in Review: August 5 to August 11
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: Gold, bitcoin soar as market turmoil spooks investors #FinePeopleHoax: The Charlottesville Lie exposed Ron Paul: America is committing national suicide on congressional spending surge Yuan stabilizes as Trump […]