Is the era of easing ever coming to an end? Well, because growth has not exactly been monumental for much of the global economy, central banks continue to print money, cut interest rates, and employ unconventional monetary policy tools. While this is not new for anyone who has paid attention to monetary policy since the […]
Archives for December 2019
Week in Review: December 2 to December 8
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: Federal Reserve wants to make up for lost inflation The Trump Doctrine: Tariffs and currency wars LOL: Millionaire Mark Ruffalo slams capitalist system that made him a millionaire […]
Tom Bowers, Jeffrey Epstein’s private wealth banker, commits suicide
By: Lorraine Silvetz The Epstein story seems an endless labyrinth. Every day, the latest news adds a twist – a new dark corridor to pursue – to wit, another mysterious Epstein-linked death. Tom Bowers, Epstein’s private wealth banker for over 20 years, allegedly committed suicide – just as the FBI was seeking to interview him about the […]
Matt Walsh wants to use government to stop hardcore pornography
On cultural issues, the Daily Wire’s Matt Walsh is interesting. But when it comes to solving those same cultural issues, he is usually off the mark. In the past, Walsh called for the government to regulate pornography. He reiterated those calls by demanding the government to start fighting hardcore pornography. He writes: “But this is […]
U.S. consumer borrowing tops $4 trillion in October as credit card usage spikes
U.S. consumers made spending great again in October as borrowing surged, says a new report by the central bank. According to the Federal Reserve, total consumer borrowing soared in October to a seasonally adjusted $18.9 billion, up from a September jump of $9.6 billion. This represented the largest spike in borrowing in three months. So, […]