Trump’s Russia Play | China’s Fear
There has been a flurry of activity between U.S. and Russian negotiators recently involving global energy markets and the role of Russia in the war in Ukraine.
The Daily Reckoning Australia
The Debt Controls the Fed
The betting markets are forecasting a Democratic sweep in November. Assuming they are right, so what?
Time to be someplace else
Debt can’t grow faster than GDP for very much longer. Either they let inflation run hot. Or they default by suddenly devaluing the dollar. Our guess is they’ll do both. It won’t be the first time.
Another Brick in the Wall
The ‘liberal’ agenda — the operating model for the welfare state, spending more money, with more rules, and more elite do-gooders living at public expense — seems to have reached its brick wall.
The West confronts the reality of unconditional tolerance
As the riots in France spread to other countries in Europe, we’re watching the West face the reality of its longstanding policy of tolerance. Today, we must reflect on how we got here, and whether we want this to continue…
The Moral of the Story
Sympathy for the mob can be found in ‘leftish’ circles, based on envy. Some people have a lot of money. Many have little.
