What is remarkable about the Grant conversion is that his vision gives off so little heat and light. His WSJ article shillyshallies around; rehearses the history of previous recessions…
September 28th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "boom"
World Economy Has Never Been in a Fix Like This
What we suspect is that the upward trends of the last half a century have now reversed. We’re in a period when the excesses and mistakes of the boom/bubble period must be corrected.
September 1st, 2009 | Bill Bonner | 7 comments | Continued
Obama Plans to Do Away With Ireland’s Tax Advantage
Your editor operates a mini-multinational. Yes, we have offices all over the world – in Paris, London, Madrid, Buenos Aires, Johannesburg, Melbourne, Bombay…and Waterford, Ireland.
May 8th, 2009 | Bill Bonner | 1 comment | Continued
The Magical Investment Corporation
“For the record, I must make a correction to the statement that all investment trusts look liked monkeys at the time of the boom and crash.” So writes Fred Schwed in his 1940 investment classic Where Are the Customers’ Yachts?
February 25th, 2009 | Chris Mayer | 0 comments | Continued
The Lint Age
Both patricians and plebes are for bailouts. Both business and labor back stimulus programs. The taxpayers and the politicians who rule them are of one mind. Liberal, conservative, rich, poor, Republican, Democrat all speak with a single voice: ‘Screw the next generation!” The golden age is over, in other words. In the space of 40 years it passed from gold, to silver, to paper…and is now somewhere between plastic and navel lint…
January 19th, 2009 | Bill Bonner | 3 comments | Continued
Said the Joker to the Thief
And now we face a grim task; for now we have to reckon with the year ahead. Stocks are no longer absurdly over-priced. Nor is oil. Nor is anything else – with one major exception – U.S. Treasury debt. Should you buy stocks…or sell them? Should you buy more gold now…or wait for the first signs of inflation? Is it time to buy the oil producers…or the gold miners? Will the world economy sink into a Japan-like slump…or will the feds cause a Zimbabwe-like catastrophe?…
January 12th, 2009 | Bill Bonner | 1 comment | Continued