Recent news brought reports of more new US jobs. We suspect that most of the good news was merely misinterpretation of the data.
February 13th, 2012 | Bill Bonner | 0 comments | ContinuedThe Bonner Diaries
The Daily Reckoning started out in 1999 as a personal letter from Bill Bonner to his readers. Today, even though we now have almost a million readers worldwide, it’s kept that personal touch. In this column Bill shares the trials and tribulations of living as an expat and global traveller in London, Paris, Buenos Aires and well, pretty much everywhere. Still haven’t subscribed to the Daily Reckoning? What are you waiting for… sign up here, it’s free!
A chronological listing of articles is below.
Debt Beats the Economy in a Growth Race
Economic Growth is stalled…debts are mounting up. Already the weight of debt is pressing down growth rates…and it’s getting worse.
February 10th, 2012 | Bill Bonner | 2 comments | Continued
The Military Powerless
The military is not protecting the US in Afghanistan; there’s nothing to protect it against. Nor did it ever intend to “win” a war in Afghanistan.
February 8th, 2012 | Bill Bonner | 0 comments | Continued
Investment Alternatives in a No Growth Economy
The economy is not nearly as strong as most people think. There is no growth to speak of. And without growth, it doesn’t make sense to pay so much for stocks.
February 3rd, 2012 | Bill Bonner | 0 comments | Continued
The US Constitution Gone Wrong
“…They put all that work into the US Constitution…using every trick they could think of to limit the power of the executive branch. Because they knew that if you let the executive branch get away with it, it’s only a matter of time before it becomes a tyrant.”
January 30th, 2012 | Bill Bonner | 2 comments | Continued
The State of the Union Address and Obama’s Fairness Doctrine
We had been invited to watch President Obama give the State of the Union address with a group of dinosaurs…a group approaching extinction with dignity and intelligence. You might call them ‘thinking conservatives,’ ‘paleo- conservatives’ or ‘constitutionalists.’
January 30th, 2012 | Bill Bonner | 0 comments | Continued
Tales from the Southern Hemisphere
The Southern Hemisphere is not a bad place to be in the wintertime. That is, when it is wintertime in the Northern Hemisphere. By the time the chilly winds from Baltimore reach the southern tip of Africa they have been warmed by the South Atlantic. Flowers bloom. The sun shines. Gentle breezes glide over the fields and parking lots.
January 24th, 2012 | Bill Bonner | 5 comments | Continued
BIG BROTHER LOVES YOU
Here’s what can happen if governments attack the free flow of information…
January 19th, 2012 | Bill Bonner | 2 comments | Continued
Marines Caught Out in a Dirty War
And all over the world, the press is howling for the heads of the marines seen urinating on the bodies of dead Taliban soldiers on YouTube. Everyone is appalled. They are not defending the country. They are fighting a mean dirty war.
January 17th, 2012 | Bill Bonner | 4 comments | Continued
The Debt of Capitalism
More thoughts on debt and the “Crisis in Capitalism“…
January 16th, 2012 | Bill Bonner | 0 comments | Continued
Careful Steps to Avoid a “Dystopian Future”
What are the big risks in 2012? We can think of several. But the World Economic Forum only sees two worth mentioning – too many deficits and too great a difference between rich and poor causing a “dystopian future“.
January 13th, 2012 | Bill Bonner | 0 comments | Continued
A Brief Retrospective of the Year Gone By
Before we say goodbye to 2011, let us pause to remember it…briefly. We spent 365 days with it – 365 days in a row. We can’t just move on to 2012 without a least a backward glance. What kind of a year was it? In what direction did it take the world, dear reader? Should we cheer that it is gone…or merely dry our eyes and hope for the best?
January 4th, 2012 | Bill Bonner | 0 comments | Continued
Avoiding the Market Danger Zones in the Year Ahead
(Ed Note: Bill penned this note as 2011 was drawing to a close). The markets are fairly quiet. The politicians are keeping their mouths closed too. Here at The Daily Reckoning Christmas headquarters we’re drinking eggnog, eating fruitcake and wondering what 2012 will bring. We’ve given up trying to actually look into the future. We don’t seem to have the knack for it.
January 3rd, 2012 | Bill Bonner | 2 comments | Continued
The Daily Reckoning’s Best of 2011
Happy New Year!
Normal Reckonings resume Tuesday, January 3rd. To tide you over, we’re continuing a tradition we started last year. We reflect on some of the more colourful predictions of 2011. What follows is a selection of musings from Dan Denning, Bill Bonner and the DR team.
January 1st, 2012 | Dan Denning | 0 comments | Continued
Let the Economic Depression Burn Itself Out
The nice thing about an economic depression is that it cures a depression. Stocks collapse. Businesses go broke. Speculators jump from tall buildings. Wages fall. Prices drop. Interest rates sink. And then, with the cost of assets, labor and credit at rock-bottom levels, the scrap dealers, recyclers and entrepreneurs get to work.
December 22nd, 2011 | Bill Bonner | 2 comments | Continued
