Every time there is a flood, the federal government springs into action, whether it is by helping the affected areas recover or subsidizing flood insurance. But a new report has discovered another measure the government takes: buy out flood-prone properties. Over the last 30 years, the federal government has spent $5 billion to purchase homes […]
Joe Biden
How Trump’s tariffs are erasing America’s soy, natural gas global market share
By: Andrew Moran The mercantilists contend that President Donald Trump’s tariffs on imports are to shrink the trade deficit, protect American businesses, and boost exports to the rest of the world. But the latest developments in international commerce show this is not going to plan. Instead, the president’s levies are triggering unintended consequences for several key industries, […]
North Korea calls John Bolton a ‘warmonger’, ‘defective human product’
Even a broken clock is right twice a day. On Memorial Day, North Korea reportedly called out National Security Advisor John Bolton for his lamentations on Pyongyang’s violating United Nations resolutions by testing short-range missiles. So, what does the Kim regime think of Bolton? Well, the same as anyone who doesn’t want perpetual war: “warmonger” […]
Fake news, Trump’s libel laws demand, and paging Walter Block
Over the weekend, while President Donald Trump was in Japan to meet with Prime Minister Shinzo Abe regarding trade, a journalist and professor decided to report some fake news. Ian Bremmer, a Time Magazine columnist and New York University professor, tweeted: “President Trump in Tokyo: ‘Kim Jong Un is smarter and would make a better […]
Week in Review: May 20 to May 26
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: ‘THEY NEVER WANT TO LEAVE’: Trump slams military-industrial complex TRADE WAR: Sluggish global economy could erase $600 billion by 2021 What the Smoot-Hawley tariffs can teach us about […]