Category: Debt
The Real State of the Union
Americans are now among the most heavily policed people in the advanced world. There were three federal crimes in 1789; there are more than 4,000 today.
Trump Missed His Last Great Opportunity
What kind of a Commander in Chief would describe brave and heroic achievements from more than half a century ago, but lack the courage to confront an ongoing pattern of wasted lives and wasted trillions?
Should We ‘Abolish Billionaires’?
Whenever you see the ‘we should do this’ or ‘we should do that’ in the public media, it is always followed by something that is idiotic or immoral.
What the Super Bowl and the Crusades Have in Common…
Mounting auto inventories and slumping house sales suggest that the expansion may be reaching its end. This is nearly the longest recovery ever recorded; a recession can’t be long coming
The Deep State Has Tamed Donald Trump
Since entering the White House, Mr Trump has been partially, but not completely, tamed by the Deep State. He no longer sees any evil in bubbly stock prices. He no longer hears any evil in the Pentagon’s overseas misadventures.
Who’s Going to Cut Down the Fairy Tree?
We left the warm and friendly west coast of Central America on Friday. Now, we are on the south coast of Ireland. Still friendly, but less warm.
Bill Bonner’s Grand Strategic Plan Revealed
We cannot remember, understand, or keep track of complicated investment tactics. We have to keep it simple.
On the Front Lines in Nicaragua
Nicaragua, like Venezuela, is in the middle of a power struggle. The proximate cause is a tax increase. But the trouble runs much deeper…
Central Banks Are Running Out of Time…
There was a lot of worry about what central banks are planning — or not planning — to do. Elites are nervous at what could be lying ahead of us. We are worried too.
Investors Will Fight This Trend…And Lose
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
How to Find Out if Your Neighbour Is a ‘Deadbeat’
If you live in the Hebei province of China, you can use the ‘deadbeat map’ to find out if people around you are in the red.
Debt Bomb About to Smash New Zealand
Interest rates are looking stable, but there’s another more sinister risk looming…It only takes one thing to go wrong and it can spiral out of control.
The Real Problem with AOC’s Tax Hike
Americans seem to be getting on board the ‘tax the rich’ train faster than they can sell tickets for it. Envy is readily disguised as ‘virtue signalling,’ and larceny is easily confused with reducing ‘inequality.’
Venezuela’s Great Dream Was Always a Scam…
You put a pot on the burner. Eventually, it boils. Government is always a way for the few to exploit the many. But it’s not always the same few.