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Economic Collapse News
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Covering the Impending Fiscal and Monetary Collapse
Covering the Impending Fiscal and Monetary Collapse

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Nouriel Roubini: ‘Financial contagion cannot be ruled out’ - Despite the chaos that is transpiring all over the world – the Hong Kong protests, the U.S. war against ISIS, the Russia-Ukraine conflict, the Ebola outbreak – financial markets are still roaring ahead and seem ignorant of what’s going on in every region of the globe. Nouriel Roubini, an economist at New York University, explained [ ]

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4 costly banking fees to avoid immediately to protect your money - It’s getting costlier to access your own money, at least in the United States, according to a new study released earlier this week that showed ATM fees have become a lot more exorbitant in recent years. Bankrate.com published the findings from its new report that found American consumers will pay about five percent more this [ ]

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Ron Paul urges more secessionist movements in U.S - Last month, Scotland held a referendum to secede from a 300-year union with the British. After an enormous number of voters turned out, the country failed to gain its independence from the United Kingdom. The vote garnered global headlines and encouraged other secessionist movements, including the Quebecois in Canada. Former Texas Republican Congressman and three-time [ ]

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Report: 15 neglected expenses to insert into your budget - Even if you maintain an extensive budget, it can be pretty easy to accidentally omit one or two important expenses. A new report highlights 15 expenses that you often plan to forget about, such as quarterly bills, eating out and business expenses. Here are the 15 items to start considering to add to your budget: [ ]

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U.S. could spend $1.8 billion a month fighting ISIS: report - The United States military has already spent approximately $1 billion on its first wave of attacks against ISIS because the newest group is now deemed as a significant threat to the entire world. According to a new report from Center for Strategic and Budgetary Assessment (CSBA), those costs could soar to $1.8 billion per month [ ]

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7 highest debt-to-GDP nations - Forbes magazine released a new report Monday that ranked the seven nations with the highest debt-to-GDP ratios. Japan topped the list with 227.2 percent, while Greece (175.1 percent) and Italy (132.6 percent) were in second and third place, respectively. The list includes one nation, a state that used to be one of the largest creditor [ ]

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Want to access your money? Be prepared to pay a pretty penny - A new study published by Bankrate.com has found that customers will pay up to five percent more this year if they wish to access their money at an ATM that is not owned and operated by their respective financial institution. On average, a banking client will pay $4.35 for every ATM transaction. Although customers are [ ]

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Americans are spending again, and that isn’t a good thing - The Commerce Department’s Bureau of Economic Analysis released a report Monday that found Americans’ appetite for spending amplified in the month of August, a finding that has many economists ecstatic and optimistic about the nation’s overall economy. Consumer spending increased 0.5 percent in August from the previous month, which showed no gain at all. Experts [ ]

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Week in Review: Sept. 22 to Sept. 28 - 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: Ron Paul, Tom Woods discuss libertarianism and its critics World Bank warns Ebola outbreak may create economic catastrophe (hot) Marc Faber: ‘We have a bubble in everything, [ ]

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Americans growing concerned about outliving retirement savings - A common concern among Americans in all age demographics is not saving enough for retirement. With record-low savings rates, near-zero interest rates and not enough investors in the stock market, the retirement dream will eventually become just that a dream. In the last year, we have reported on numerous studies, reports and analyses looking at [ ]
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