What a week! We’ve had a hard time keeping up. Bloomberg: ‘$1 Trillion Rout Hits Nasdaq 100 Over AI Jitters in Worst Day Since 2022 ‘Investors soured on the promise of artificial intelligence Wednesday, sparking a $1 trillion rout in the Nasdaq 100 Index as questions swirled over just how long it will take for […]
By Bill Bonner,
Foreign policy hack, Mary Kissel: ‘China is a party state. The function of China is not to better the interests of the Chinese people — it is to promote, strengthen, and expand the power and influence, and reach of the Chinese Communist Party.’ You might wonder: is that any different from the Democratic Party or […]
By Bill Bonner,
The dots don’t matter. It’s the pattern that counts. Harris? Trump? One, full of bile and bald-faced untruths. The other…empty as a beer can…hollow as a rotten log. They are on different trains, with different dumbbell slogans and different egregious lies… but both are headed to the same destination, a rendezvous with a perverse and […]
By Bill Bonner,
‘The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear.’ Antonio Gramsci, while imprisoned by Mussolini As expected, Biden has dropped out. Fox: ‘President Biden announced Sunday that he will suspend his 2024 re-election campaign amid mounting […]
By Bill Bonner,
‘Those whom the gods would destroy are first driven mad’ Euripides MarketWatch: ‘Trump promises “massive tax cuts” and an end to inflation in convention speech ‘I will end the devastating inflation crisis immediately, bring down interest rates and lower the cost of energy,” Trump said during his wide-ranging address. “We will drill, baby, drill,” he […]
By Bill Bonner,
‘Ask Bill who he thinks was behind the assassination attempt on DJT? Does he think a 20-year-old kid just woke up and decided to kill a former President that day? Let me grab my ladder and Dad’s rifle and shoot the former, and likely, new President of the USA? The story is so preposterous…’ […]
By Bill Bonner,
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