According to a pair of researchers from the University of Michigan, a depression does more for longevity than diet or exercise.
October 5th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "IOUs"
RIP Robert S. McNamara and California’s Holes in its Budget
Robert McNamara must have been in a hurry too. He never had time to wonder why he was sending 500,000 American boys to fight a war when Lyndon Johnson was “publicly promising in campaign speeches not to ‘go North,’ not to send American boys to fight wars Asian boys ought to fight for themselves,”…
July 8th, 2009 | Bill Bonner | 1 comment | Continued
The United States: The Largest Ponzi Scheme in the World
The United States is now the largest Ponzi scheme in the world. The only way to pay off the old lenders is to bring in new ones – or run the printing press. That’s all lenders have to worry about – inflation. And for the moment, prices are going down. They’ll keep going down too – until they go up…
February 20th, 2009 | Bill Bonner | 6 comments | Continued