If not now, when?
A sustained drop in interest rates should make other income streams — say, corporate earnings — relatively more valuable. A rise in interest rates makes bonds more attractive.
No Index
Crocks for Stocks
There is a powerful deflationary undercurrent that is working its way to the surface, pulling prices down like a Nile crocodile with a French tourist in its jaws.
Red Menace
Real interest rates — the cost of servicing so much debt — are rising. Voters grow restless, looking to blame someone…and eager for a bewitching politician to lay on his hands…to heal the economy.
Veni, Vidi, and Then What?
In the good old, brutal days, an empire faced a clean, honest choice: it devoured its rivals, or its rivals devoured it. Victory paid dividends you could weigh and count — booty, tribute, and slaves.
Greatest Show on Earth
Even the planet seems to have turned against the US empire.
Interventionist Bedfellows
Modern democracies were built on a fraud — the sweet fantasy that people would be better off as the feds bossed them around and spent more and more of their money.
