41 Comments
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𝐓𝐢𝐦 𝐁𝐚𝐥𝐝𝐰𝐢𝐧's avatar

I don't understand what has happened to women during my lifetime. When I was young, it seemed to me that young women were primarily interested in getting married and having a family. Three children was ideal. Today, so many young women are mainly interested in ensuring they can get an abortion on demand, or transitioning into a man.

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Alex's avatar

After 5,000 plus years of selfishness, people are losing their vitality. Adam was at least 12 feet tall, and his brain electrical activity was 100 times more than people today.

Adam also did not have TV, which decreases brain electrical activity by orders of magnitude.

The 'human race' is dying, and no amount of technology can change that.

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Richard Arthur's avatar

Let's be fair, young men in the U.S. aren't helping the situation.

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Frank Starosciak's avatar

Bill, I think a special report is worthy of time and effort to produce the Overseas Escape Index and detailed report on Free Italian villas.

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Richard Arthur's avatar

Absolutely and I bet there are many in the U.S. with Italian roots (like me) who would strongly consider this a very fine overseas retirement option.

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Richard Vedder's avatar

Take heart. I'm a Christian and the evangelical churches in the area (Indianapolis) have well attended growing Sunday Schools. A joy to see.

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𝐓𝐢𝐦 𝐁𝐚𝐥𝐝𝐰𝐢𝐧's avatar

Atheists don't understand how much comfort there is being a Christian in these times.

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Tom Finn's avatar

Regarding a recession, remember that one of the components of the GDP is government spending, no joke! So big increases in government spending can keep the GDP from going negative but is that really economic activity?

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Brien's avatar

Bingo! The big question is what happens when the government runs out of money.

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Mike Dropp's avatar

What do you mean when? I think that bus has left the station.

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Brien's avatar

They are broke, but they haven’t run out of (printed) money yet. Since the debt ceiling deal was reached the federal debt has increased by $985 Billion - just in the past month! The spending is beyond out of control, but it will come to an end. The entire US economy may crash concurrently or nearly so. They have created a fake and criminal economy and have killed much of the productive capacity that powered us out of recessions in decades past. This is going to be very ugly. Unfortunately there is no other recourse.

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Dave J's avatar

Answer: They come take yours through confiscation in the name of "the greater good". Which is never good for you.

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Dave J's avatar

Nope, it's economic insanity.

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Jonathan CV's avatar

"Newsweek...the decades-long U.S. personal savings rate average of about 8.9 percent..."

And here I thought the average US household was spending 1.05% of income annually - going further into debt every year since decades back.

8.9% savings sounds like fantasy to me. More bogus news. So glad I turned it all off going on 45 years ago.

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𝐓𝐢𝐦 𝐁𝐚𝐥𝐝𝐰𝐢𝐧's avatar

I gave up reading Newsweek and Time decades ago. Too expensive and too leftist. I have been reading The Economist, but now it is becoming costly (around $450 for two years) and is drifting leftward. So good by to it. By "average" does Newsweek mean "median", "mode", or "mean"? There are big differences in these three "averages".

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Tom Finn's avatar

Try the public library

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Arthur's avatar

The day Bill Bonner needs a free house, I'll be one of those "already under the ground".

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Gordon's avatar

Bill doesn't need another house, but he is a sucker for a fix-it-up project. Since I have started reading his writing some twenty years ago, he has written about fixing up places in Maryland, France, Argentina, and Ireland. And I may be missing one or two. If that's what keeps him excited about life, then I recommend that he go for it!

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Jimm Roberts's avatar

Having spent the 4th of July weekend in New England, which is a good eight hours from my domicile, I can faithfully report that all those missing people Bill highlighted must be on Highway 95, the road I took to drive to/from New England. I had to break speed limits most of the time to stay in the pack. Too many people; too many trucks too. Mama Mia!

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Robert ray Cunningham's avatar

I am ready to see that Escape Index. I want to get away from the upcoming/already starting political propaganda . Include indexes to Argentina/Uruguay love'm both

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Conic Tonic's avatar

Hi Bill

I know the feeling...

just spent a week in London visiting my daughter who is working there. My wife booked the accommodation and my daughter the restaurants ... so now I’m also keen to know about those free houses in Sicily!!

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Peter Thieriot's avatar

How does one access the “overseas escape index” in the member section? I have tried and accomplished nothing other than getting lost or receiving information I did not want.

Thanks..

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Dennis T.'s avatar

Whatever became of the bolt hole John Gault community in Nicaragua?

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drtomcor's avatar

I was there in Feb this year. Super Grande! Nothing for a dollar, heh. You might get tired of being in paradise after a while and go build something....and move on, like Senor Bill.

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Dino's avatar

If you could work remotely, what good is a free house if you don't have a thriving community and businesses and your family and friends live thousands of miles away, not to mention the cost of renovation and the limited availability of skilled tradesmen? And I'm sure the view of Mount Etna is beautiful until it starts erupting.

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Richard Arthur's avatar

For someone like me who has lived in large cities away from family my entire life, living 5 or 6 hours away by plane in a different direction is no big deal. Also, with a small villa in Italy, I'll likely have more family/friends visitng than with my small apartment in Los Angeles. LOL

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TIM DEINHARD's avatar

you need another house...like you need a hole in the head!.....nice article...enjoyed it!

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Mike Hurlburt's avatar

As was mentioned in today's report, I would be interested in the Strategy Report.

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Christiaan G Walhof's avatar

Free Italian villa’s are nice but France’s country side looks much better and certainly livelier

Just re moved there but now for keeps.

Another American for the

Overseas escape index

No TV and so much better and no imminent theft of citizen’s money yet.

Christiaan G Walhof

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