The Financial Times has continued its series on ‘Capitalism in Crisis’ much longer than we expected. Longer than seems decent, actually. The crisis will be over before the series ends.
February 6th, 2012 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Davos"
In Gono We Trust
We have it from our usually unreliable source in Washington that Gideon Gono, now head of the Zimbabwean central bank, has been called in to aid the Obama Administration. In secret talks, Gono has agreed to replace the out-going Ben Bernanke, who is said to be going to work as a helicopter pilot. Gono will take over the Fed. And a new bill has already been designed – our source was able to sneak out a copy of the new note – for 1 million U.S. dollars. That’s Gideon Gono’s picture on it…
February 4th, 2009 | Bill Bonner | 6 comments | Continued
Return to Magic Mountain
“It’s worse, quite frankly…than everyone thought it was…and it’s getting worse every day,” says America’s new Vice President, Joe Biden. Mr. Biden is talking about something he knows nothing about – the worldwide financial crisis. And this week, a large group of people who know nothing about it are going to travel to Davos, Switzerland, to talk about the financial crisis…
January 27th, 2009 | Bill Bonner | 0 comments | Continued
