• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Fat Tail Daily

Investment Ideas From the Edge of the Bell Curve

  • Menu
    • Commodities
      • Resources and Mining
      • Copper
      • Gold
      • Iron Ore
      • Lithium
      • Silver
      • Graphite
      • Rare Earths
    • Technology
      • AI
      • Bitcoin
      • Cryptocurrency
      • Energy
      • Financial Technology
      • Bio Technology
    • Market Analysis
      • Latest ASX News
      • Dividend Shares
      • ETFs
      • Stocks and Bonds
    • Macro
      • Australian Economy
      • Central Banks
      • World Markets
    • Small Caps
    • More
      • Investment Guides
      • Premium Research
      • Editors
      • About
      • Contact Us
  • Latest
  • Fat Tail Series
  • About Us
No Index

A Whole New World

Like 9

By Bill Bonner, Friday, 19 December 2025

Only a third of the American colonists supported the Revolution. Another third opposed it. The smartest ones, perhaps, stayed out of it. They must have known it was a lost cause from the get-go.

The idea of America was a genuine novus ordo seclorum for a New World. It was a new program…an idea so revolutionary that few people understood it and even fewer were willing to give it a chance.

But it is really simplicity itself. Either people rule themselves…or someone else rules over them. Ruling themselves meant controlling their own money…real money, that is…money that told them what things were really worth…and that they could use to pursue happiness in their own way.

Generations of leaders, however, from Tippecanoe to WWII and beyond, had different ideas. The founding fathers warned against it, but today…after more than 100 years of bi-partisan grifting and grasping…the feds and their POTUS throw their weight around pretty much as they please. And in this regard, Donald Trump, is the summa of sumos. He tosses more poundage around than any president in US history.

It is he who gives out ‘stimmie’ or ‘dividend’ checks…or new ‘Trump accounts,’ that Treasury Secretary Scott Bessent says will “make young people wealthy.” He pressures the Fed to lower interest rates. He, of his own free will and on his own say-so, upends the whole world trading system so as to determine how you spend your money…on what…and at what price.

With no emergency to justify it, he put armed soldiers on streets…and sent out masked men to pluck up people and take them away.

And he doesn’t stop at US borders. He presumes to tell the whole world what to do. He threatens tariffs on India for buying Russian oil. He threatens Brazil with tariffs and sanctions on its prosecutor, for going after his pal, Bolsonaro. He threatens tariffs on Canada for quoting Ronald Reagan. And he bombs the hell out of people he doesn’t know, in places he’s never been, for reasons he won’t take the time to understand. From Altitude Post comes this headline:

US Doubles Somalia Airstrikes in 2025, Marks 100th Strike of Year

Nowhere in the US Constitution does it contemplate such executive power. The president is supposed to ‘faithfully execute’ the laws of the land, not make them up as he goes along.

And the poor downtrodden citizen…he can no longer be said to rule himself. He is told what to do by thousands of officials…petty and grand. In that sense, Mr. Trump has done us a favor; no one should have any further delusions about it; America is not so different from other nations. Sometimes a shining ‘city on a hill.’ Sometimes, a sh*thole.

A small example:

We bought a piece of property near our farm. The old house on it has been falling down for the last 35 years. Shortly after the purchase the county government told us that the abandoned house was a ‘hazard’’ and we had to tear it down within 20 days.

“Ok…we’ll tear it down,” said we.

“But wait,” said the nice person representing the local government.

“You will need a permit. And I’m afraid we’re a little short-staffed…and what with the holidays…it will take some time.

“And we’ll have to send out inspectors to check for asbestos and to see if you need to put up a silt fence.”

“How long will that take?”

“Three to six months.”

“I thought this was a safety hazard.”

“Well, it is, but we need to be sure you take it down safely.”

“Oh…”

Yes, dear reader…the days of ruling ourselves is long gone. Today, we are abused by a jolly duncery of crooks, clowns and incompetents.

And the whole experiment — government of the people, by the people, and for the people — was only undertaken at all because of a flukey stroke of luck. The French and British were fighting all over the world. The Marquis de Lafayette harassed British troops in Yorktown, Virginia. Then, the Comte de Grasse brought the French fleet up from West Indies and bottled Cornwallis up, cutting him off from supplies. A French column led by the Vicomte de Deux-Ponts rushed the British positions. And then the siege bombardment, using French guns and gunners, began. Cornwallis soon realized his predicament and asked for peace. The resulting settlement was not the Treaty of New York…or the Peace of Poughkeepsie. It was the Treaty of Paris, in which the two main parties were the French and the British, not the Americans.

Only a third of the American colonists supported the Revolution. Another third actively opposed it. The smartest ones, perhaps, stayed out of it. They must have known it was a lost cause from the get-go.

And today, we see how naïve the founding idea was. There is little observable difference between the lives and liberties of Americans and those of the French, Germans or English, for that matter. All line up for government handouts…recycle their trash…pay their taxes…and stagger ahead –with the feds on their backs — as best they can.

More to come…

Regards,

Bill Bonner,
For Fat Tail Daily

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Comments

Subscribe
Notify of
guest
guest
8 Comments
Inline Feedbacks
View all comments
Bill Bonner

Bill’s Premium Subscriptions

Publication logo
Fat Tail Investment Research

Latest Articles

  • Oil Whiplash, Silver Surge, Uranium Ignites: The Next Commodity Wave
    By Murray Dawes

    In today’s episode, Charlie and I are covering three major commodity moves in oil, silver, and uranium that matter right now.

  • China’s New Energy Lifeline: What Canada’s Dramatic U-Turn Means for the AI Arms Race
    By James Cooper

    Despite being an oil superpower, America desperately needs Canadian heavy crude. Now Canada's cozying up to China instead. Here's why.

  • Asia’s Currencies Flashing Red
    By Charlie Ormond

    These aren't isolated currency wobbles. They're stress gauges for global leverage and a referendum on whether the US dollar stays dominant through higher rates, or loses ground through political chaos at the Fed.

Primary Sidebar

Latest Articles

  • Oil Whiplash, Silver Surge, Uranium Ignites: The Next Commodity Wave
  • China’s New Energy Lifeline: What Canada’s Dramatic U-Turn Means for the AI Arms Race
  • Asia’s Currencies Flashing Red
  • China’s capitulation? Part 1 – How Iran and Venezuela could kickstart its demise
  • Copper and Zinc: One ASX small cap that is benefitting

Footer

Fat Tail Daily Logo
YouTube
Facebook
x (formally twitter)
LinkedIn

About

Investment ideas from the edge of the bell curve.

Go beyond conventional investing strategies with unique ideas and actionable opportunities. Our expert editors deliver conviction-led insights to guide your financial journey.

Quick Links

Subscribe

About

FAQ

Terms and Conditions

Financial Services Guide

Privacy Policy

Get in Touch

Contact Us

Email: support@fattail.com.au

Phone: 1300 667 481

All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Fat Tail Logo

Fat Tail Daily is brought to you by the team at Fat Tail Investment Research

Copyright © 2026 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988