File this under: Thanking the Federal Reserve. At the time of this writing, the Dow Jones Industrial Average is up 178 points, reaching 28,313.17 on Monday. Earlier in the session, the Dow edged up to 28,332.74, meaning that the leading stock index has recorded a significant milestone. Since President Donald Trump took office, the Dow […]
Archives for December 2019
Larry Kudlow expects USMCA, U.S.-China deal to add 0.5% to GDP in 2020
The USMCA is nothing more than a cronyist arrangement. The U.S.-China agreement is a crapshoot; anything can happen. But the White House is optimistic about these trade deals, predicting that they will add to the gross domestic product next year. Speaking in an interview with Maria Bartiromo on the Fox Business Network, White House economic […]
Week in Review: December 9 to December 15
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: EASING: Interest rates have been cut 750 times in last decade Former Federal Reserve Chair Paul Volcker dead at 92 Remember when the Communists abolished the weekend? WSJ […]
TRUMP BREAKS LEMON: CNN anchor upset over meme
Don Lemon is upset over a meme. Don Lemon is speechless. Don Lemon is an anchor on CNN. President Donald Trump broke Don Lemon. Don’t be like Don Lemon.
$120k banana duct taped to a wall proves value is subject
By: Ryan McMaken Last week, Miami art gallery Art Basel sold, for $120,000, a piece of art composed of a banana duct taped to a wall. At least one other identical piece sold for a similar amount. A third piece was priced at $150,000. The banana used in the display is a real banana, and […]