Category: US
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 Will Win the Game Between the US and China?
We are watching, increasingly worried, as geopolitical dynamics change. Tensions are facing off, and the world could be dividing in two, a division akin to the cold war.
Globalisation is Dying and Trump Isn’t to Blame
On the one hand, American consumers benefit from cheap Chinese imports. On the other hand, this put a whole lot of US dollars in the hands of Chinese.
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.
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.’
The Billionaire Backlash Is Coming
What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
Bill Bonner: Seeing Eye Human
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
A Big Loser from the US Government Shutdown
This is now the longest government shutdown in US history, and no one has any clue as to how much longer it will last.
This Gov’t Shutdown Has Me Tickled Pink
It’s been almost a month since the shutdown began. As you’d expect, nobody’s happy with this scenario…Except me.
Donald Trump and Alexandria Ocasio-Cortez Will Join Forces
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
Trillion-Dollar Deficits From Here to Eternity
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
The Greatest Comedy of Modern Politics
Government, always and everywhere, is a way for the few to exploit the many. Modern democracy depends as much on fraud as force. Elite conquerors pretend to respond to the ‘will of the people.’
Mr Market Will Have the Last Laugh
The US government funded the boom of the last 30 years with debt — which increased, year after year, 2-4 times faster than the GDP needed to pay it.
The Most Absurd Myth of the 21st Century
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,