Category: Bill Bonner
The Real Threat Is in Washington
GDP is increasing at 2.5% per year. Federal debt is increasing twice as fast. No way is that going to have a happy ending.
It Was a Dangerous Trail… But We’re Used to Danger
Yesterday, we visited one of our distant ‘puestos’ (outposts). There are five or six of them scattered across many thousands of acres of desert, mountain, and valley.
Crash Alert
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
Then He Handed Us an Envelope Full of Cash…
Three mayors. Three failures. Which just goes to show how much Baltimore has changed.
A Message from the Future: Thanks a Lot…You Jerks
You ran up $22 trillion in debt by 2019. Who did you think was going to pay that? Not you. Donald Trump was already 72. And the average baby boomer was in his 60s, getting ready for retirement.
Conversations with a Ghost
You’ve got a debt of $22 trillion that you can’t possibly pay. I see you’re spending 38% of GDP, but you’re only collecting about 17% of GDP in taxes.
Once a Gaucho…Always a Gaucho
This week, we got a surprise. Eight gauchos rode up, after crossing over the pass from the high ‘puna.’ They dressed in traditional regalia.
How the Feds Sedated American Capitalism
Total satisfaction equals the real value of win-win deals minus win-lose deals.Our formula recognises that money isn’t everything. So, it focuses on satisfaction, rather than GDP or raw wealth.
Behind the Mueller Distraction…a Hellish Catastrophe
When a recession comes, annual borrowing will soar to $2 trillion, probably sending total government debt to $40 trillion by 2030.
Trump Has Found His ‘Stimulus Guy’
The idea of putting Mr Moore in at the Fed is to make sure the economy stays in line. The Fed today is by, for, and of the Deep State.
A Bomb Cyclone Is Headed for Stocks
Last week, we were looking at who pays unpayable federal debt. As we studied the subject, a whirlwind of staggering news blew up.
At Least in the Country, They Survive…
This week, we’ve been exploring the age-old question: Who pays unpayable debt? The borrower?The lender? Someone else?
Three Reasons Why America Can’t Get a Grip
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
All Aboard the DebtBall Express
And now, the runaway train gathers speed. The federal deficit was $587 billion in Obama’s last year. Mr. Trump’s budget increases it to $1 trillion.