24 Comments
User's avatar
Chicago Phil's avatar

The only thing that makes this a golden age is that we should be buying gold to hedge against the US peso.

R A Stothart's avatar

"President Donald J. Trump and Vice President JD Vance are unleashing an unrelenting, full-scale assault on the fraudsters, scammers, and corrupt operators who have looted billions from American taxpayers."

I hope that they start at the top!

pete's avatar

Agreed. With that, I hope its contagious.

STEVE SHIRLEY's avatar

Maybe instead of initiating another War, Trump and his budget busters should balance the budget and quit printing money…

Tim Pallies's avatar

War on deficit spending? Great idea, but let's not hold our breath on that one.

Worm Farmer extraordinaire's avatar

This is no time for negativity.😂😂😂

working stiff's avatar

Now there is the Bill Bonner we enjoy reading, we always need a good, solid wet blanket applied at the right time!

Tom Langdon's avatar

Fun read Bill, you point out legitimate reasons why Gen Z, as well others, are cozing up to socialist and communist governance. I mean when the corrupt crony capitalism fails to meet their financial needs, the Gen Z'ers look around for other alternatives. And to be sure the socialists put plenty of lipstick on the pig, so much so that it looks like a fashion model; what could go wrong?

Bill also mentioned the fraudsters and the retaliation by our "shocked" government. I would like to point out that only the reason for the shock and awe is due to the fact that the fraudsters are taking over the government's territory and we can't have that can we?

Richard Hodgson's avatar

Atta Go, Bill! Wound tighter than a clock spring! (Remember when clocks had to be wound.). We need more of this.... but how? when all the media companies are being run by the fraudsters, intentionally or unintentionally.

gRichard's avatar

Bill, this last one is just pure repetition of the same theme, same villain, same conclusion. It has been this way for more than a year now. Maybe longer. We are not learning anything new here. Its a story you must love telling but its not investment advice. It diminishes the BPR product. If you are required to write a certain number of these missives over a certain time frame, consult with your partners and see if you might cut them back to say twice a month, once would be even better. History, and philosophy are your strengths. They provide context for the current times. I went back over the some of your earlier writings when BPR just got started - you were an amazing writer. I loved reading them again. And would love to go back to that Bonner I knew from my Baltimore days. Just saying.

Lynda J. Turco's avatar

OR, you could look at this chart and see since about 2011 the stock market had gone UP about 40% to gold.

Clem Devine's avatar

Wouldn't suit the narrative ha ha!

Lynda J. Turco's avatar

You are right about that.

Paul McGinn's avatar

I’m going out on a “ I could be stupid limb” but here goes. Would the Delaney ice detention center be a reasonable test for generationZ opposition to federalism if the government just released every one and closed the facility. Wouldn’t NJ legislators have a real societal problem on its hands. How long would it take for a governor recall or begging for the national guard. I hear the limb cracking but this has been bugging me😎

Cartero Atómico's avatar

Maybe Donnie and JD should start their corruption campaign in the White House itself. Seems that some of the donors the the Big,Beautiful Ballroom have had a nice return on their "donations" - $50 billion in government contracts.

JODCPA's avatar

regarding the next generation what comes to mind is :

In the novel The Mandibles: A Family, 2029-2047 by Lionel Shriver, you can find this quote on page 163.

hare

"There was something fraudulent about them from the very beginning. In the welfare states, the promise was that by supporting the ruling elites, the voter would get more out of the system than he could by his own honest, cooperative efforts. This seemed to be true as long as populations were growing and technology and trade increased productivity. Richer, younger generations could afford to support their parents in grand style. Pensions, real estate values, medical coverage — all went up. But it was fake. Government was just redistributing wealth, not creating it."

In essence, just like us when we were young, we looked into what we thought would give us the most with the least effort. (careers, education , investments, etc.) Just now, what gives the most and the most easily is taking it from someone else.

Silverback's avatar

All talk of fraud and corruption by the political class is projection. Accuse others of what you yourself are guilty of— that’s how large criminal syndicates like the government operate. If you vote at all then you are a useful idiot lending legitimacy to these crooks.

Michael Schaller's avatar

So, they're launching a war on....wait for it....THEMSELVES!

Tom Beach's avatar

This fraud war is itself is a fraud, of course. Most Americans will want to belief the lies. The fraudsters and office holders will use our desires to defraud us over and over..

How can honest people resist the temptation presented by those who defraud?

If something seems too good to be true, it probably is a fraud.

Separate want from need first. Needs are very basic things we must have to live.

Wants are things we desire that we don't really need. Our desires cause us great stress and often loss.

How can one control our desires? That is the great question we must answer.

Fulfilling needs is fairly straightforward. Work. Sell your time to buy what you need.

Fulfilling wants has no clear end or method to achievement. Wants are often limitless.

We must ask ourselves what we must give up to get what we want. Are you willing to sacrifice what you need to get what you want? Is your want emotional or even rational?

Weigh what you must give to get against what you want. Are you willing to lose all that you wager to get what you want? Risk to benefit.

Is the person who is promising you to give you what you want honest? Have you done due diligence to find out if that person is and has been honest with others? If you cannot prove they are honest and have provided others with what they wanted at a reasonable cost (without loss), then stop and consider not dealing with that person. Fraud depends on belief without proof of delivery to be forthcoming.

Bill's ancient friend wanted something very badly and it over road his rational mind.

That is what is also happening in America to our citizens. They want and they stop thinking and demanding proof.

So here we are with the Liar in Chief telling us to believe.

So many lies. No proof.

Like the old ad: Where's the beef? Where's the truth?

larry smead's avatar

Bill, It seems this is the first time that I have seen you criticize both parties. Your view of the young is scary. What you might do is suggest Amendments to the Constitution that would restore America to where it was in the past. Our founders dealt with this unMrest for 20 years. It led to the Revolutionary War. The Constitution, as we prefer not to see, was not agreed upon for another 10 or so years. That document and all the founders were trying to what is right. Very virtuous, Modification or improvement, like all things do, is needed.

Critics are important as always, but action is required.

altschule's avatar

Ahh Bill still the best read of each morning here in the land of Oz .. yes what goes around comes around .. so china will become the capital of free enterprise and Usa will become the centre for social cohesion and enforced social rules .. ie your kids will be instructed in LGBQU BS whether you like it or not .. schools MUST enforce/PREACH social norms ! about everything in human life from when you're born to how/when you can die and every minuscule self de-terminating decision you MIGHT make in between .. Nothing can be left to chance ! just love this new world eh Bill ? thank GOD we don't have to life forever .. yet!