A man walks into a shop and asks, “You don’t have any meat?” “No,” replies the sales clerk, “We don’t have any fish. It’s the store across the street that doesn’t have any meat.” Scenes of food shortages, long lines, and fed up Russians were commonplace in the Soviet Union. Moscow believed it could deliver […]
Austrian Economics
Merry Christmas and a Happy New Year to all our readers!
We would like to wish you a Merry Christmas and a Happy New Year! We hope you have the best Christmas ever! We will return to normal publishing on December 31, 2018.
Week in Review: December 17 to December 23
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: GOOD TRUMP: U.S. will no longer treat hemp like marijuana BAD TRUMP: U.S. debt surges at fastest pace since 2012 HYPOCRISY: Pope Francis urges the West to ‘accept […]
Week in Review: December 10 to December 16
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: Is a recession nigh? Wall Street increasingly hints at 2019 contraction Should the right stop poking fun at Alexandria Ocasio-Cortez? What the frack? U.S. is now energy independent: […]
Random Friday: Budget deficit, coffee, media loves Nancy Pelosi
News Story of the Day: You know America’s finances are in bad shape when the government is collecting record revenues and still can’t even come close to running a balanced budget for the month. According to the Monthly Treasury Statement, the federal government received a record $458.653 billion in tax revenues. But the government spent $764.046 […]