Bill Bonner

Businesses — both private and public — are where the real money is. You can hold an ounce of gold or a bitcoin from here ‘til kingdom come; you will still just have an ounce of gold or a Bitcoin.

We offer no opinion on the morality of any of the participants in these regime change wars. But US involvement, sin or not, is likely to be a mistake.

Trump’s most important ‘deal’ — to bring federal spending and deficits under control — was never even proposed. The budget could be balanced. But the president has no interest in making that deal.

Aristotle believed that people turned to tyrants when the elites became contemptuous of them and the government became largely dysfunctional.

A society only produces so much wealth. It can then consume it. Or, it can save and invest…so as to produce more in the future. The real ‘political’ question is: who decides?

Reducing trade deficits also means reducing the number of US dollars that end up in foreign hands. Those dollars are typically recycled into US bonds. That’s the way the fake money model works.

Some things are worse than losing money. Martial law may be one of them.

Our country is ‘doing great.’ So, let’s add trillions in debt — then we’ll have a problem

While the catastrophe of US finances grows closer

Win-win deals make us richer and better off. But win-lose deals (in which you win by making the other fellow lose) never go away. And occasionally, the win-losers take over.