‘Ooh-wah, ooh-wah, ooh-wah ‘Ooh-wah, ooh-wah, ooh-wah ‘Why do fools fall in love? ‘Why do birds sing so gay ‘And lovers await the break of day? ‘Why do they fall in love? ‘Why does the rain fall from up above? ‘Why do fools fall in love? ‘Why do they fall in love?’ Frankie Lyman and the […]
By Bill Bonner,
‘Our priority now is to balance the budget. Through fiscal discipline today, we can free up resources tomorrow.’ Jimmy Carter, 1980 Jimmy Carter is ‘coming to the end’, says his grandson, ‘but he’s still there’. We will speak of Mr. Carter in the past tense…but hope he makes it to his 100th birthday on October […]
By Bill Bonner,
In her celebrated interview last week — her first! — Ms. Harris managed to answer some questions and not answer others, always in the same way, by giving out a line of talk, much rehearsed and little challenged. It is “important to find a common place of understanding where we can actually solve problems,” she […]
By Bill Bonner,
By popular demand! We’re going to take today off. It’s Labor Day (in the US), after all. But if our ‘Primary Trend’ picture is clear…Western consensual democracies are becoming less and less consensual. The model — take from young, growing, prosperous generations…give to old voters — is becoming less attractive. Because younger generations are smaller […]
By Bill Bonner,
Gold is telling its story. Reuters: ‘Gold prices gained around 1% on Thursday, fueled by strong expectations of a Federal Reserve rate cut in September with investors focusing on U.S. inflation data for further insights on the potential size of the cut. Spot gold rose 0.9% to $2,524.45 per ounce.’ On the surface, it is […]
By Bill Bonner,
How so much debt is eventually written off is the most important financial story of our era. It is a story in which gold is likely to play a leading role. But not many people want to think about it. A really efficient totalitarian state would be one in which the all-powerful executive of political […]
By Bill Bonner,
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