Back to Mr. Thomas L. Friedman. What we like about Mr. Friedman is that he is such an unworthy opponent. It is like playing darts with a blind man or a boxing match against a paraplegic.
November 25th, 2009 | Bill Bonner | 3 comments | ContinuedAll Posts Tagged With: "sub-prime"
You Buy Gold When the Government is Making a Mess of the Monetary Situation
Are the feds making a mess of the monetary situation? Oh dear, dear reader…please ask us something harder. Trillion dollar deficits as far as the eye can see…
November 24th, 2009 | Bill Bonner | 0 comments | Continued
Feds See Every Emergency as an Opportunity
So far, the feds are the only real winners from any of these crises. Federal outlays, as a percentage of GDP have shot up from less than 20% of GDP in 2000 to more than 26% in 2009.
October 28th, 2009 | Bill Bonner | 0 comments | Continued
Investors Think Things Will Return to the Way They Were in the Bubble Epoque
The Wall Street Journal is talking about a “full recovery” in luxury goods sales by 2011. And Wall Street itself is pricing stocks as if the record profit margins of ‘05 and ‘06 were just around the corner.
October 21st, 2009 | Bill Bonner | 0 comments | Continued