Most people think the economy will muddle through somehow…thanks to all those geniuses working at the Department of the Treasury and the Fed.
February 25th, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Soviet Union"
Feds Think They Have Won This Fight Against the Depression
The Wall Street Journal says they’ve turned their guns around. The Fed is a “Bubble Fighter” now, it reports.
December 4th, 2009 | Bill Bonner | 4 comments | Continued
Gorbachev and the Most Complete Test in Economic History
Readers may know Mikhail Gorbachev as a fellow who advertises Louis Vuitton luggage. But before he made it big as a mannequin, he was the top man in the Soviet Union. It was not an easy job.
November 16th, 2009 | Bill Bonner | 6 comments | Continued
Major Premise That Government Economists Can Improve Workings of a Free Economy
That leads people to believe that the feds have pulled off a save…they’ve now got the economy well along on the road to recovery…the recovery is getting stronger as time goes by…
November 12th, 2009 | Bill Bonner | 5 comments | Continued
Baby Boomers Figure They Will Have to Work Longer than Expected
A woman loses her house. She stays with friends. She sleeps in her car. She tries to find work. Eventually, she runs out of options and checks into a homeless shelter.
October 21st, 2009 | Bill Bonner | 2 comments | Continued
Britain, the Empire Which Had Paramount Global Power
Historians agree that Britain’s rise as a pre-eminent global power came as a response to changing circumstances and not as a part of a grand master plan; Britain, it has been said, stumbled into an empire.
October 7th, 2009 | Leon Hadar | 3 comments | Continued
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
Ben Bernanke is No Hero
Yesterday, most of the news and commentaries concerned either the death of Edward Kennedy or the life of Ben Bernanke. We do not speak ill of dead, not here at The Daily Reckoning. So, we will speak ill of the living.
August 28th, 2009 | Bill Bonner | 4 comments | Continued