‘Behind every great fortune is a crime’, wrote Balzac. On January 29, 2018, YouTube watchers were seeing one. Down the highway rolled a sleek 18-wheeler, a heavy truck that promised not to destroy the planet. It was the creation of Trevor Milton and his hot-shot company, Nikola. Trouble was that the video was a fake. […]
By Bill Bonner,
One of the most puzzling features of the 21st century is the almost total failure of its new technology… along with astonishing prices for the companies that produce it. Last year, the Visual Capitalist reported that the Magnificent Seven were worth nearly $16 trillion: ‘Since 2012, the first year all seven companies were public, the […]
By Bill Bonner,
Debbie Wasserman Schulltz (D-FL), Source Getty Images Mr. Trump, with all his ‘yes men,’ geniuses and jackasses, won’t change course. Look for more war, debt, and corruption. MSN: Dozens of Congress members outperformed the stock market in 2024 The stock market had a record-breaking run last year, but members of Congress still managed to outperform it with […]
By Bill Bonner,
‘The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.’ The Tenth Amendment Last week… Amid all the excitement about invading Panama and strong-arming Greenland… A milestone passed with little notice: Jean-Marie Le Pen died. The BBC: […]
By Bill Bonner,
We came back from snowy Ireland to snow covered Maryland. And this morning, we sit in front of the fire and take a break from our customary rigorous analysis and air-tight logic to make some guesses. As reported last week, the Musk/Ramaswamy DOGE group has already admitted that it can’t really eliminate the deficit. Not […]
By Bill Bonner,
A kiss is still a kiss…and a bubble is still a bubble… Picking fights with other people is still not a good idea… Spending more than you can afford still leads to bankruptcy… And people who say they are going to stop taking so many drugs…or drinking so much…or spending so much, etc. etc. still […]
By Bill Bonner,
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