Since the economic collapse, United States consumers have done an admirable job in trying to rein in their debts, one of them being credit card debt. For a couple of years now, credit card debt has stood below the $1 trillion mark, and has been surpassed by student loan debt. But that may be changing […]
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Week in Review: Apr. 4 to Apr. 10
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: Video: Bernie Sanders socialist supporters love capitalist products Canada one of seven nations ‘most vulnerable’ to a debt crisis Panama Papers chart highlights 10 banks that requested offshore […]
Tweet of the Day: A debunking of the gender pay gap (yet again)
Despite the overwhelming evidence and the endless articles that debunk the myth that women earn 77 cents for every $1 a man earns, the mainstream media, activists and politicians continue to perpetuate this incorrect statistic. For any gender pay gap it has to do with a variety of issues and not because men hate women. […]
Ron Paul says cruelest, most regressive taxes are hidden (video)
Former Texas Republican Congressman Ron Paul and Daniel McAdams have a new edition of the Ron Paul Liberty Report out. Forget about the excessive income and sales taxes today. They discuss how some of the cruelest and most regressive taxes are either hidden or nearly hidden. Sure, there may be a 15 percent income tax […]
What Harry Potter Can Teach the Federal Reserve
By: Tho Bishop As Harry Potter fans are well aware, the wizarding world runs on a trimetallic standard of gold galleons, silver sickles and bronze knuts. There is no mention of any form of paper money in the magical world, with everyone handling their purchases with metal coins. In a feature that would delight Murray Rothbard, […]