Category: US
Now the Trade War’s Fake, Too
The show went on! And, as we predicted, The Donald claimed victory…and stocks went up. Fake money. Fake interest rates. Fake employment. Fake boom.
Trump Will Claim Victory
This is the big day. The music starts. The lights go on. And the curtain rises. Trump meets with China’s leader and decide the fate of the world economy.
What Trump Will Say at the G20
The Fed’s big mistake following the 2008 crisis was holding interest rates down too low for too long. This discouraged saving and made debt more attractive.
This Occupancy Has Better Accuracy Than Central Bankers
Monetary policy is part art, part science. Central bankers don’t know what higher or lower interest rates will do. They have some idea. But they really don’t know for sure.
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:
Investors Are Going to Get Scalped
The US dollar is fake money. And the Fed lends it out at fake rates. This is why corporate, consumer, and government debt is so high.
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.
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.