Tag: Bill Bonner’s Diary
How Long Before SoftBank Blows Up Too?
In the news is word that Mr Neumann has been let go. The poor man is on his own, after SoftBank took control of his company.
The Feds Interfere in Markets and Multiply Corruption Opportunities
The amounts are staggering. But the process is old and familiar. As the feds interferes in markets, opportunities for corruption multiply.
Rigging the Federal Reserve Made the Rich Richer
The feds had their funny money; they weren’t going to give it up. And they weren’t going to back off from any of their spending.
Global Authorities Aren’t Waiting for a Crisis to Move Toward More Debt
Warren Buffett says you can never go right by betting against a US business. But so far this century, that bet has been a winner.
Inflation Will Eliminate Excess Debt
The good news is that if inflation is what they want, inflation is what they’ll get. But not necessarily the tame, friendly, housebroken inflation.
We Can’t ‘Grow Our Way Out’ of Debt
Total US debt now approaches $74 trillion. The economy that supports this debt has grown steadily, but nowhere near fast enough to keep up with it.
What to do When Inflation Hits the Economy Soon
The end of the stock market boom is unpredictable. But each passing day brings us a day closer to when it will crash and burn.
The Longest-Running Bull Market in History Won’t Last Much Longer
The bull stock market has suffered through a couple rough days. Trade wars…impeachment…recession warnings… — commentators look for explanations.
Auto Financing Forces Poor Buyers Deeper Into Debt Than Ever Before
Today, the cash buyer is rare. The auto dealers who make most of their money from financing cars, not from selling them scarcely give him the time of day.
Soviet Catastrophe Paints Grim Picture of America’s Future
There was a time, believe it or not, when economists wouldn’t presume to tell us what interest rates should be. They were ‘moral philosophers’ who merely observed and tried to understand.
Interest Rates Should Be Discovered, Not Made
The US is overworking in many ways worse off than he was in the 1970s. We spend twice as much time to put a roof over his head and wheels under his feet.
The Average Man Is Worse off Today Than He Was in 1970
Today we turn back to our grim work…connecting the dots…trying to figure out what is really going on.
Reflecting on Our Legacy Before We Die
Our formula for real economic progress is one of our many insights economists chose to ignore.
Power Is at the Root of Overseas Meddling
Man is easily corrupted; that will not come as news to anyone. He is always greedy. Republican or Democrat, conservative or liberal…it hardly matters.
Speculators Bet on More Stimulus
The Fed doesn’t have a pile of cash sitting in the vault. It just creates money out of thin air.