Stocks are down so much that dividend yields are beginning to look respectable again - averaging about 3.8%. For the first time in 50 years, you can get more yield from a stock than from a 10-year US Treasury bond. You remember, stocks were…
November 18th, 2008 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "capitalism"
The Last Capitalist in America
Will the last capitalist in America please turn out the lights? How surreal. Less than ten weeks to go remain in the most entertaining presidential election campaign in recent decades. Yet right here in the United States of America, capitalism is reeling. It’s under attack by a bunch of socialist bankers and the politicians whom they’ve purchased to represent their interests…
September 9th, 2008 | Dan Denning | 3 comments | Continued
Why Those Who Praise Capitalism Have So Little faith in It
Everyone is perfectly happy to let capitalism do its stuff – as long as they like the results. But cometh a correction and all of a sudden the press is full of whining pundits and meddling politicians.
May 22nd, 2008 | Bill Bonner | 2 comments | Continued
Americans Used Their Economic Freedom to Ruin Themselves
The two great political figures of the last thirty years were Mrs. Thatcher and Mr. Reagan. These titans from the two sides of the Atlantic led the way to a new idea of how the world should work. Thenceforth, capitalism was king. But it was a new kind of capitalism they had crowned, one with a strange, unnatural face. It was not the old free enterprise, king of the jungle, red in tooth and claw.
March 31st, 2008 | Bill Bonner | 27 comments | Continued