Still Faking It
The real cause of America’s shrinking manufacturing capacity is not the nation’s past trade policies (favoring free trade). It’s our monetary policies (favoring fake money!)
No Index
When the Lights go out in Omaha
Modern economies are extremely complicated and extremely vulnerable to centralized failure. When the Federal Reserve makes the wrong move, it can crash the whole financial system.
Stinkballs…All of Them
Trump…Trump…Trump…we’re as tired of the subject as you are. But no person will have more effect on the economy or the Primary Trend than the man in the White House. Politics is ascendant.
Conspiracy of Dunces
All political arrangements, being part of life itself, decay over time. Constitutions are re-interpreted. Public mores become more elastic. Bread and circuses tend to replace modest, restrained leader
Place at the End
“Get six jolly cowboys to carry my coffin Six dance-hail maidens to bear up my pall Throw bunches of roses all over my coffin Roses to deaden the clods as they fall.” —Streets of Laredo, Johnny Cash version “Death is not something to be feared. It is just a part of life,” the priest explained. […]
Tools of History
“King of Kings Ozymandias am I. If any want to know how great I am and where I lie, let him outdo me in my work.” —Diodorus Siculus Nations can go on…and on. The Chinese are still Chinese. The Turks are still in Turkey. And the French will always be with us. But empires rise […]
