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In the DOGE House

The Congressional Budget Office’s baseline figures told us the feds will collect $67 trillion in revenue over the next ten years and spend $89 trillion. That would give us a debt of $58 trillion.

By Bill Bonner, Monday, 19 May 2025

Tomorrow’s News

America’s ‘national’ debt rose from less than $6 trillion in 2000 to over $37 trillion now. The US trade deficit rose to $1.1 trillion over the last 12 months — 10 times more than it was in 2000.

By Bill Bonner, Friday, 16 May 2025

Businessman spinning a globe on his finger

Invitation to Larceny

You can blame white men for the world’s ills. But when it came to plumbing and internal combustion engines, white men were on the ball. Not a single one of them was carrying out a government policy.

By Bill Bonner, Thursday, 15 May 2025

Tariff Deal Mania

Centralized trade policies are a scam. There is no evidence that bureaucrats in Washington can do a better job of making trade deals than independent buyers and sellers with skin in the game.

By Bill Bonner, Wednesday, 14 May 2025

Big Wins

Free trade is a feature of the win-win economy. It favors no one in particular and everyone in general. Prices go down and quality increases as people are allowed to compete for customers.

By Bill Bonner, Tuesday, 13 May 2025

Breaking Wind

Lower short-term borrowing rates don’t really make companies stronger or more profitable. They can have the opposite effect, luring corporate executives to take on too much debt.

By Bill Bonner, Thursday, 08 May 2025

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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