Ticking Time Bond
When that liquidity preference gives way to an illiquidity preference — in which they begin to feel they’re getting ripped off — the foreigners will get rid of dollars as fast as possible.
No Index
Cometh the hour, cometh the man
The key circumstance of 2026 is that the Donald Trump’s dominion depends on the bubble-era dollar…and the dollar depends on the willingness of foreigners to take it.
A Huge Mistake
Saving is suspect. Scrooge saved his money. Jesus tells of a master, who berated his servant, for saving his money rather than investing it. And King Midas, turning everything into gold, starved.
King of the Deal
He has no desire to exterminate any particular group. And he has no apparent plan for America. His only goal seems to be his own glory, power, and wealth.
Murphy’s Lawlessness
A conservative is someone who distrusts government power; he believes government should always be subordinate to the writ of Moses and the Grand Convention of 1787.
School for Scoundrels
The US seems to be split into two camps — each viciously opposed to the other. There are those who love the Big Man, almost no matter what he says or does. And there are those who despise him.
