Four months ago, Rep. Tulsi Gabbard (D-HI) single-handedly destroyed Sen. Kamala Harris (D-CA)’s campaign for president. It was monumental. On Tuesday, Sen. Harris announced that she was ending her bid for the White House in 2020. It was about time: her polling numbers were abysmal, she spent $1.47 for every dollar she raised, and her […]
Joe Biden
Deficit? What Deficit? Why Nobody Talks About Ballooning Federal Deficits
By: Clint Siegner The presidential race will mesmerize Americans over the next 11 months. The country hasn’t been this polarized since the Civil War. Voters on the left desperately want a story which undermines support for President Trump. They are also searching for a candidate who can actually win. Many Republicans are outraged about the […]
The Trump Doctrine: Tariffs and currency wars
Are you ready for a good old-fashioned currency war? President Donald Trump seems to be, at least according to some of his latest tweets. On Monday, the president tweeted that Brazil and Argentina have been devaluing their currency, which makes their exports more attractive to the rest of the world. He contends that the days […]
Week in Review: November 25 to December 1
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: U.S., Chinese officials doubtful over phase two of trade agreement next year Time to say goodbye? London transit regulator strips Uber of license over ‘patterns of failures’ The […]
Random Friday: Saudi Aramco over-subscribed, billionaire philanthropists, social justice
News Story of the Day: One of the most historic initial public offerings (IPOs) is about to happen and many investors – foreign and domestic – are interested. Saudi Aramco, the Saudi Arabian-owned oil titan, has received bids for its shares topping $44 billion. This means that its IPO is posed to become over-subscribed. Aramco […]