On Sunday, the U.S. tariffs on the remaining $156 billion in Chinese goods are set to go into effect. Officials and financial markets had been hoping that the world’s two largest economies would avert these levies, but they might happen, even as the two sides iron out phase one of a trade agreement. The Wall […]
Joe Biden
Remember when the Communists abolished the weekend?
By: Ryan McMaken Anti-capitalists on both left and right tell us that “capitalism” is destroying the weekend. The conservatives insist we need laws to punish people who try to sell things on Sunday. Leftists insist “unbridled capitalism” is destroying the weekend, which “lets us cultivate the seeds of civil society…” But it’s not capitalism that’s doing this dirty work. […]
Former Federal Reserve Chair Paul Volcker dead at 92
Former Federal Reserve Chair Paul Adolph Volcker has passed away at the age of 92. Volcker, who served under Presidents Jimmy Carter and Ronald Reagan, died on Sunday evening in his home in New York. He leaves behind his wife, Anke Dening, and two children from his first marriage to Barbara Bahnson, who perished in […]
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 […]