Bill Bonner
What the US Government Isn’t Telling You About the Trade War with China
Stocks lost $1.4 trillion in value over the last few trading days. The press is reporting it as a ‘monster bloodbath.’
Why We’re Raising Our ‘Crash Alert’ Flag
So far, the big, fat, ugly Dow has sat on the wall and refused to tumble. But last week, Donald J Trump gave it a shove.
The Government Encourages Debt and Destroys Capital
The politicians talk about the government ‘investing’ money. But it isn’t often that government spending brings a good return it usually destroys capital.
The Interest Rate Cut Was the Biggest Mistake in Federal Reserve History
The Federal Reserve whittled down its key lending rate by 25 basis points, this interest rate cut was probably the biggest mistake in Fed history.
Beyond Meat’s Stock Attracts ‘Dumb Money’
Beyond Meat — a company that sells imitation meat products — got whacked with a 12% loss. That still left it nearly 10 times above its initial offer price.
Donald Trump and Elijah Cummings Are Both Betraying Voters
When you accuse someone of being ‘pusillanimous,’ it has real meaning. As does ‘ignorant.’ Or ‘vain.’
How ‘Free Money’ Has Changed Baltimore
We love Baltimore. Whenever we are in the city, we feel like a half-wit teenager visiting a municipal zoo.
The House Passes Budget Deal to Increase Military Spending
Inflation changes markets, economies, and even the way people think. For example people and businesses look at the way the military has been spending
The Pentagon’s Reckless Spending Has Weakened America
The Pentagon spending spree is reckless. The best connivers in the world are those working for what was warned about — the military-industrial complex.
Why Negative Interest Rates Don’t Stimulate the Economy
It was in the early 1970s that the idea of ‘stimulating’ an economy began to take hold, first among progressives.
It’s All Part of Trump’s Plan…
‘It’s all part of a plan,’ explained a colleague. ‘Trump is not book smart; he’s smart like a fox.’ ‘He knows that Americans need to see some economic improvement in time for the next election. And there really isn’t any.
Dinner with America’s 0.01%
Life is about holding on to what you’ve got. This wing of the .01% has money so old that most have forgotten how it was made.
Why Both Political Parties Favour Inflation
The Fed lowers rates. More money flows into asset prices. People think their stocks are worth more. But they are probably less valuable.
Inflation Has Distorted The US Markets
What kind of capitalism is it when the capitalists drive up their share prices rather than producing goods and services that they can sell at a profit?
The Federal Reserve Will Inflate the Economy Further
The Fed has to inflate the financial sector with more cheap credit, or the boom will die.