One of the key ingredients for good money was that it be ‘trustworthy.’ How trustworthy is money that can be taken away, confiscated, barricaded or used to undermine your government.
Sounds a lot like the 80s to me: pundits galore making lots of money selling the impossibility of the "paper" system. I bought it then, and I bought the rerun (BPR and other enterprises/collaborations). I got out of "investing" back in the run-up to the DotCom "bust". I got out not because I feared loss, but because I figured out it was all a rigged game. What the market (insiders) didn't take, the government did (taxes). When you promote/sell "Avoid the Big Loss" as the pretext for taking subscription money, you have to cheerlead for your premise. We are living Beckett's "Waiting for Godot". Cue up Hank Williams with "You Win Again." Best always. PM
P.S. I'm not jilted, angry, or "ripped off"; I like Bill Bonner, regardless of outcome. I'm just realistic about it; that's all.
"How in the world is it a good thing to take money from the voters and transfer it to the chosen few of the governing class?", really says it all. However, their beloved, obtuse, bloated "Leader" rattles on with his lies, still convincing his dwindling mob of 'True Believers'. The landing will be rough and hurt us all, but the world will somehow move on (up actually) as its living observation that peace, cooperation, conversation, compromise. freedom is far preferable to Trumpanyahu's ancient/selfish need to attack, bomb, destroy, dominate, force, steal, starve, annihilate the enemies they create and see everywhere, including all of us non-believers.
Bill, you provide some high level solutions yesterday, bravo. Where are your solutions for the dire straights you paint in this article. That would be amazing, to hear you point out the pain (Something you are exquisite at) then, more importantly provide the aspirin; or at least your version of it.
It is easy to sit back and arm chair quarterback, almost anyone can do it.
Sounds a lot like the 80s to me: pundits galore making lots of money selling the impossibility of the "paper" system. I bought it then, and I bought the rerun (BPR and other enterprises/collaborations). I got out of "investing" back in the run-up to the DotCom "bust". I got out not because I feared loss, but because I figured out it was all a rigged game. What the market (insiders) didn't take, the government did (taxes). When you promote/sell "Avoid the Big Loss" as the pretext for taking subscription money, you have to cheerlead for your premise. We are living Beckett's "Waiting for Godot". Cue up Hank Williams with "You Win Again." Best always. PM
P.S. I'm not jilted, angry, or "ripped off"; I like Bill Bonner, regardless of outcome. I'm just realistic about it; that's all.
"How in the world is it a good thing to take money from the voters and transfer it to the chosen few of the governing class?", really says it all. However, their beloved, obtuse, bloated "Leader" rattles on with his lies, still convincing his dwindling mob of 'True Believers'. The landing will be rough and hurt us all, but the world will somehow move on (up actually) as its living observation that peace, cooperation, conversation, compromise. freedom is far preferable to Trumpanyahu's ancient/selfish need to attack, bomb, destroy, dominate, force, steal, starve, annihilate the enemies they create and see everywhere, including all of us non-believers.
Bill, you provide some high level solutions yesterday, bravo. Where are your solutions for the dire straights you paint in this article. That would be amazing, to hear you point out the pain (Something you are exquisite at) then, more importantly provide the aspirin; or at least your version of it.
It is easy to sit back and arm chair quarterback, almost anyone can do it.
Where's the beef?
For starters just stop the egocentric arrogance, hatred and attacks. and treat others as equals.
Ahhh … Fox news?… is that really news? Time heals, Time will … Tell… it’s a great Teacher✅💪
Time will tell, shit will smell and water will seek its level.
Time and history seem to go hand in hand.
Fox News, Newsweek, Fortune, BBC, CBO, all with a Twist of lemon.