Category: Bill Bonner
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
How the Feds Will Cover Up Their Next Larceny
If you’re at the tail end of a credit-fuelled bubble…with an overpriced stock market…a trillion-dollar federal deficit…and $72 trillion of debt…What are you going to do?
Who Will Push America Over This Cliff?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.
How the Financialisation Scam Works
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The Wall Gave Way, and We Fell…
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
The Financialisation of the American Economy
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
The Real Reasons Stocks Go Up
Word on the street yesterday was that stocks were going up to record highs ‘on earnings.’ The casual listener was invited to believe that corporate America was earning more money; therefore, it should be worth more. Why else would people
Should Jesus Have Gone to College?
Studies show that people with more education earn more money. But this is entirely misleading. People with private jets earn more money, too.
‘It’s Not God’s Fault. It’s Man.’
We saw last week that the biggest burst of stimulus in the US — $3.6 trillion of quantitative easing (QE), negative real interest rates for 10 years, and deficits of $11 trillion — brought the weakest recovery ever.
What History Teaches Us About Socialism
Both outright socialists and capitalist reformers have more or less the same goal — to bang, bend, and bamboozle the world into a shape that is more pleasing to them.
‘It’s Disfigured, But Still Standing’…
A sad day in Paris. In this, the holy week of Christendom…one of its most sacred and beautiful monuments caught fire.
Uncle Sam Takes More Than Taxes From the Middle Class
The Trump tax cut was no real cut at all. The average person will save less than 2% on his tax bill. But his real cost of government went up — 10 times as fast.
What America’s Elite Have Planned for Your Money
The ‘stimulus’ programme is a wealth transfer scheme pretending to be economic policy. The Deep State, Washington, Wall Street, and The Swamp all benefit from it.
So Much for the ‘Trump Boom’…
Both Republicans and Democrats now put their faith in stimulus. The Republicans aim to stimulate the economy with tax cuts. The Democrats look to bigger deficits.
America’s Real National Emergency
GDP is falling, not rising…at a 6% annual rate. And if this keeps up, it will rival America’s Great Depression in severity.