Not so with our children. They inherit a different world. America was the world’s leading nation in the ’50s and ’60s. And it was growing in power and wealth – rapidly. We grew up with it.
October 26th, 2009 | Bill Bonner | 6 comments | ContinuedAll Posts Tagged With: "Ronald Reagan"
China Rises While United States Declines
“The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society,”
October 1st, 2009 | Bill Bonner | 8 comments | Continued
How Will the United States Finance the Biggest Deficit of All Time?
As a way for people to build wealth, this economic model of the Bubble Period was as ineffective as a bad banker. It was a ‘have your cake and eat it too’ school of financial success with an obvious flaw. People noticed it when the correction began.
May 11th, 2009 | Bill Bonner | 2 comments | Continued
The New Capitalists Were Not Real Capitalists
Of course, as long as stocks went up, the new capitalists didn’t mind or notice that the financial industry took advantage of them. They completely misunderstood what they had gotten into.
May 5th, 2009 | Bill Bonner | 0 comments | Continued