Category: Bill Bonner
Trump’s War on General Motors
The stock market continued with a modest bounce yesterday…but America’s automotive giant, General Motors, sank into the mud. The proximate cause was a tweet by President T, who threatened to remove federal subsidies to GM’s electric cars. This from Bloomberg:
The Best Stock Investors: Dead People
Stocks are greatly overrated. You could have bought the whole Dow in 1928 for 10 ounces of gold. Then use those same 10 ounces to buy the Dow again in 2013.
The Assassination of Bitcoin
Bitcoin is the most famous cryptocurrency on the planet. So why are banks and governments so eager to kill it off? What’s the catch here?
Thanksgiving: A Unified National Myth
For Thanksgiving, Bill Bonner shares some little-known details around the American holiday. It’s more than just an event. It’s a national experience.
This Happens, Buy Stocks
The combined value of the FAANG stocks — Facebook, Apple, Amazon, Netflix, and Google — is down by about $1 trillion from its peak. Why?
FAANG: The New ‘Nifty Fifty’
Facebook, Apple, Amazon, Netflix, Google — these are hot stocks that everyone’s talking about. But look past the hype and you’ll see trouble on the horizon.
Life Happens When You’re Away
On the eve of Thanksgiving, we consider what’s most important in life: community, togetherness, and the golden opportunity to focus on each other.
Central Banks Take Aim at Bitcoin
Christine Lagarde, head of the IMF, has just issued an ominous challenge to cryptos: banks might soon start issuing their own digital currencies.
Stagflation, Here We Come!
Stagflation is a concept that boggles the mind. It’s about high inflation, yet stagnant wages. What does it mean for the future of America?
How Will the Feds Get Out of This?
The US economy and the US government are both living on borrowed time. Blame it on tax cuts, rampant spending and rising inflation.
America’s Fake-Money Success Was an Accident
The American dollar is a success because we have a strong and stable system. But is it really? We go behind the myth, and what we find isn’t pretty.
The Poppies Fell for Two Hours…
100 years ago, World War I ended with 37 million people dead. Have we learned the hard lessons since then? Or is history simply doomed to repeat itself?
This Will Be Trump’s Real Legacy
The Republican Party used to be about small government and balanced budgets. But now, under Trump, it’s embraced disastrous debt and inflation.
Why Government Can’t Make America Great
The American founding fathers were sceptical of democracy. It was about giving power to the mob. Recent events have just proven that to be true.
Voting: America’s Favourite Hollow Ritual
Now that the dust has settled on the midterms, we see the Democrats in control of the House and Trump’s power diminished. But will anything actually change?