Kamala Harris, admitting that she had lost the race, pledged to keep ‘fighting’. She must have used the word 15 times. In bygone years, she might have said she would ‘keep up the struggle’. Or she might have said she would keep ‘working’…or keep trying…or keep the light on for us. Now, everything’s a fight. She also referred to […]
By Bill Bonner,
On Friday, US debt hit a new record. Fox News: ‘US national debt hits a new record: $36 trillion’. There was also this little news item last week. Reuters: ‘Putin says Ukraine war is going global’. ‘President Vladimir Putin said on Thursday that the Ukraine war was escalating towards a global conflict after the United States and Britain […]
By Bill Bonner,
Sometime in the post-apocalyptic future… Surviving historians will brush off the dust…tidy up the graves…and try to make sense of it. Gathered around an open fire in a discarded oil drum, they will warm their hands and ask: What? How? Huh? We’ve looked at the best case…and some ‘worse cases’. Now we focus on the […]
By Bill Bonner,
‘World War I… Wall Street called it the ‘war bride’ years, was the first time America got a taste for how profitable war could be. The worse it gets around the world, the more assets will seek safe harbor (US assets?) and the worse it gets the more likely politicians sign those long-term rearmament contracts […]
By Bill Bonner,
‘Don’t follow leaders ‘Watch the parking meters’ Bob Dylan Like icebergs in the North Atlantic, the risks posed by Trump’s policies do not threaten just a slowdown in the shipping channels… but a catastrophic sinking of the whole damned fleet. We looked at tariffs yesterday, and saw how they might cause a worldwide depression, […]
By Bill Bonner,
Uh oh… here’s tech showboat, Cathie Wood: ‘The Reagan revolution extended through President Clinton’s administration, leading to lower taxes, stronger GDP growth, and a bull market rewarding active equity management that lasted nearly 20 years. We believe that this bull market has just begun to broaden out.’ Morning in America? Better check the clock. Donald […]
By Bill Bonner,
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