GRADUALLY, THEN SUDDENLY
“How did you go bankrupt?” Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises “I do not say that democracy has been more pernicious on the whole, and in the long run, […]
“How did you go bankrupt?” Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises “I do not say that democracy has been more pernicious on the whole, and in the long run, […]
November 10, 2021 by Michael Snyder I think that they actually believed that they could get away with it. I think that they were actually convinced that they could create, borrow and spend trillions upon trillions of […]
In recent years, America’s unsuccessful attempts at containing China as a rival hegemon has only served to promote Chinese antipathy against American capitalism. China is now retreating into the comfort of her long-established moral values, […]
Creditocracy: A Geopolitical Economy by Radhika Desai and Michael Hudson : reposted by special permission Introduction As President Biden continues his predecessor’s New Cold War on China, it is clear that the pandemic has vastly […]
March 31, 2021 By Egon von Greyerz When bubbles burst, we will discover how very few superior men there actually are – as defined by Confucius: “The superior man, when resting in safety, does not forget […]
by Michael Snyder The economic downturn that we are currently experiencing is making the last recession look like a Sunday picnic. Yes, 2008 and 2009 were bad, but they weren’t anything like this. Unprecedented intervention […]
Paul Craig Roberts People want to know where the economy is headed. What they should be asking is does the US still have an economy? My answer is no, it doesn’t. I will explain why. For a quarter […]
By Greg Hunter’s USAWatchdog.com Analyst, professional trader and financial writer Rick Ackerman says buckle up because Bitcoin is going to go much higher in price. Elon Musk is the latest in a line of billionaire investors […]
Headlines this week were dominated by manic retail investing inspired by the WallStreetBets (WSB) subreddit. I can’t believe how many text messages I’ve received in the past week regarding Reddit and the GameStop and AMC […]
Simon Black Nearly 186 years ago to the day, on January 8, 1835, US President Andrew Jackson accomplished what no other American president has done before, or since: he paid off the national debt. Jackson […]
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