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.

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.
By Bill Bonner,

Imposing a 20% fed funds rate would be catastrophic. The whole financial system — in the US and much of the rest of the world — would shrivel up. Because we have 40 times as much federal debt.
By Bill Bonner,

We have grandchildren visiting us here in Ireland. So, we’re going to do even less thinking than we do normally.
By Bill Bonner,

Nations cast off their parasitic elites only when they have no choice — that is, when they are whipped in war or have run out of money.
By Bill Bonner,

What is one to think? What to believe? How do these scattered dots join up?
By Bill Bonner,

Investment ideas from the edge of the bell curve.
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