List/Grid Tag Archives: breaking news

Federal Reserve official: ‘We can’t carry a balance sheet that grows to infinity’

Federal Reserve official: ‘We can’t carry a balance sheet that grows to infinity’

Speaking at a conference in Sydney, Australia on Monday, Federal Reserve of Dallas president Richard Fisher took shots at the immense United States stimulus program and the dramatic growth of… Read more »

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Peter Schiff: U.S. is heading back into a recession

Peter Schiff: U.S. is heading back into a recession

This interesting CNBC video coincides with an extensive Bloomberg News piece about Peter Schiff, his views and his critics. Schiff should absolutely be commended for his consistent decade-long stance on… Read more »

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5 scary facts about the enormous national debt

5 scary facts about the enormous national debt

This Halloween, be afraid, be very afraid…of the national debt. This year marks the second annual Halloween edition of Economic Collapse News’s “scary facts about the national debt.” Last year,… Read more »

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Taxpayers lost $9.7 billion on bailout of General Motors

Taxpayers lost $9.7 billion on bailout of General Motors

In a report issued to the Congress by the Special Inspector General of the Troubled Asset Relief Program (TARP), it was stated that the United States Treasury’s 2009 bailout rescue… Read more »

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Poll finds Canadians still facing high debt levels, average reaches nearly $16,000

Poll finds Canadians still facing high debt levels, average reaches nearly $16,000

With record-low interest rates, easy access to credit and the consuming beast still within all of us, it is understandable that the debt problem is still prevalent for millions of… Read more »

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Report finds U.S. lags in math, reading despite immense education spending

Report finds U.S. lags in math, reading despite immense education spending

In the United States, the average cost of a four-year degree can range anywhere from $15,000 to as high as $60,000. This is an astronomical sum and mostly funded through… Read more »

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Physical gold demand spikes, central banks to add $15 billion this year

Physical gold demand spikes, central banks to add $15 billion this year

Exiting Federal Reserve Chairman Ben Bernanke doesn’t understand gold or its prices – this is apparent considering that he feels printing money forever is a superb monetary policy. Despite the… Read more »

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Are unpaid internships for youth now a thing of the past?

Are unpaid internships for youth now a thing of the past?

For decades, young people looking to garner work experience, learn new skills and prepare themselves for the career they have chosen would work as an intern for a law firm,… Read more »

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Alan Greenspan bashes crony capitalism, predicts double-digit inflation

Alan Greenspan bashes crony capitalism, predicts double-digit inflation

Former Federal Reserve Chairman Alan Greenspan is on a tour of his new book “The Map and The Territory.” During this time, he has delivered a series of statements and… Read more »

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Marc Faber: Federal Reserve could increase ‘QE-infinity’ to $1 trillion per month

Marc Faber: Federal Reserve could increase ‘QE-infinity’ to $1 trillion per month

Throughout the summer, the mainstream media continued to state that the Federal Reserve would be tapering its aggressive $85 billion per month bond-buying program. However, that did not come to… Read more »

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