Trans Economy
The US economy is in transition. It is leaving a period of rising stock and bond prices and entering a period in which, we believe, they are falling…in real terms.
Old Growth Government
Old Growth Government
We accept that there are booms and busts…births and deaths…ups and downs. Were there no downs, there would be no ups. It is only the relative motion that gives it meaning; it is the looming grave that makes life above ground so jolly.
Pareto’s Foxes
Pareto’s Foxes
Market timers wait for the sell-off. Economists wait for the recession. Here at Bonner Private Research, we are on suicide watch.
When Slavery Doesn’t Pay
When Slavery Doesn’t Pay
‘If I could save the Union without freeing any slave, I would do it, and if I could save it by freeing all the slaves, I would do it, and if I could save it by freeing some and leaving others alone, I would also do that…’
Abraham Lincoln
China: The Next Boondoggle
China: The Next Boondoggle
When did China become an enemy? Why did it become an enemy?
Empire of Debt…and Destruction
Empire of Debt…and Destruction
In our 2006 book, ‘Empire of Debt’, we pointed out that empires are typically ruined by a combination of disastrous financial policies (debt and inflation) along with reckless military adventures. We forecast that the US would suffer both scourges. The cost of the latter almost guarantees the former. The US’s ’foreign policy’ establishment — Pentagon, defence industries, Congress, embassies, foreign aid…along with involvement in NATO, IMF, World Bank etc — costs US$1.5 trillion per year.
Bidenomics to the Rescue
Bidenomics to the Rescue
We marvel…we wonder…what is wrong with these people? We refer to the staff at Newsweek…who came out with this insipid headline story, ‘Biden Saved the Economy and Launched a New Age of Prosperity. Why Isn’t He Getting Any Credit?’:
The Comic Opera
The Comic Opera
Two important things happened last week…each signalling another milestone passed. While we were at an opera in Austria, an ex-president was indicted…and Fitch downgraded the most important asset in the entire world — US Government debt.
The Sun Also Sets
The Sun Also Sets
This just in on the latest Gallup Poll. Americans’ most trusted institution, the military, is falling from grace.
Fictional ‘Facts’
Fictional ‘Facts’
‘Ukraine is the most corrupt and dumbest Government in the world, outside of Nigeria, and Biden’s support of Zelensky can only come from Zelensky’s knowledge of Biden, and not just because he was taking care of Biden’s son.’
US official quoted by Seymour Hersh
