Tag: Bill Bonner’s Diary
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.
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.
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.
Firebombs in Paris
Taxes, tariffs, regulations – they’re all ways to transfer wealth and power from the common man to the elite who control the government.
How Did She Survive Here?
This was our land. We had heard that there were people living up here. But we doubted it. It was too barren, too bleak, and too dry.
Capitalism Didn’t Fail America. We Failed Capitalism
Some say capitalism has failed America. More likely, America has failed capitalism. Capitalism needs capital. Real money, in other words. The feds gave it fake money.
AOC’s ‘Solutions’ Will Just Make Things Worse
In a free (capitalist) system, some people will always work harder, get luckier, invest their time and money more wisely, and get richer.
An Oasis in a Desolate Wilderness…
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
What the French Could Teach AOC…
Proponents typically look to Europe for guidance. They see Denmark, Sweden, and Norway and believe ‘soft socialism’ isn’t so bad.
Trump’s Real Motivation to End the Trade War
We never expected the president to go Full Retard on his trade war. Instead, we thought he would settle the issue…as he did the trade war with Canada and Mexico…in some ongoing, negotiated mush.
How the Feds Socialised American Capitalism
Already, America’s medical system — 17% of the economy — is largely socialised. So is the education system — another 7.3%. And don’t forget Social Security.