But they kept coming. Like soldiers at the Somme they threw themselves on the barbed wire. They took the salt! And their comrades- in-arms kept coming.
February 9th, 2010 | Bill Bonner | 2 comments | ContinuedArchive for Bill Bonner
Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
Only “Essential” Government Employees Need Report for Duty
We wondered if any of them really were essential. Surely, not the fellows who are watching after the African horned beetle…
February 9th, 2010 | Bill Bonner | 0 comments | Continued
Japanese Government Displays Generosity as Prices Fall in Japan
“Japan Deflation Hits a Record Pace,” reported the BBC. Prices in Japan were falling faster than they ever had since they began keeping track in 1970.
February 8th, 2010 | Bill Bonner | 5 comments | Continued
Copper, the Metal with a Ph.D. in Economics
Copper has fallen more than 10% in 2010. It will probably go down a lot further.
February 8th, 2010 | Bill Bonner | 0 comments | Continued
Every Major Bull Market Needs a Major Bear Market
We’ve had our bull market. It took the Dow from under 1,000 to over 14,000 in the space of 26 years. We’ve had a bubble too. The party was a lot of fun for everyone.
February 8th, 2010 | Bill Bonner | 8 comments | Continued
We Don’t Serve Hamburgers
“If I order a hamburger…will you cook it medium rare for me?” we asked the waiter.
February 5th, 2010 | Bill Bonner | 1 comment | Continued
We’re in a Depression, Stocks Gotta Get With the Program
Either the last phase of the bear market has begun. Or it won’t be long before it does. Stocks can go any which way they want in the short run – depending on investors’ delusions.
February 5th, 2010 | Bill Bonner | 0 comments | Continued
Not Questioning Authority
Our protests were useless. They wouldn’t pick up the laundry because they had a policy against it. The policy was designed to protect them against customers who tried to take advantage of them…
February 4th, 2010 | Bill Bonner | 15 comments | Continued
Underwater Homeowners Continue Making Mortgage Payments
But homeowners? They plod along. Maybe they think their house will come back in price. Maybe they think they’ll suffer some awful penalty if they default.
February 4th, 2010 | Bill Bonner | 7 comments | Continued
Obama Plans to Raise Taxes on the Rich and Businesses
Let’s see. We’ll make some guesstimates. There are about 100 million families in the US. Of those, about half are net taxpayers. And the top 10% are said to own half the wealth in the US and already pay 66% of its total taxes. Looks like they’re going to get whacked again. Each of the ‘rich’ families will pay nearly $200,000 more in taxes.
February 4th, 2010 | Bill Bonner | 11 comments | Continued