Bill Bonner's Diary

The Claptrap Behind the Minimum Wage Debate

New York seems to have more than its fair share of knuckleheads. Paul Krugman and Tom Friedman are both stalwart columnists in The New York Times. And there’s staff writer James Surowiecki at The New Yorker. More about that in a minute… First, investors are taking it easy… distracted by barbecues, family reunions and the […]

Bill Bonner's Diary

A “Dark Horse” Candidate to Replace Ben Bernanke

Markets continued their summer trading behavior last week. Up a little, down a little… meandering… strolling… not in a...

Bill Bonner's Diary

And the Next Fed Chairman Will Be…

Cometh the hour, cometh the man. Or the woman… The White House is casting about for a new Fed...

Bill Bonner's Diary

What’s America’s No. 1 Export?

Another day of piddly trading, with piddly losses for both stocks and gold. So let’s turn back to our...

Bill Bonner's Diary

Old Man Rothschild Was Right…

When we left you yesterday we were lamenting how the American working classes have lost ground. Today, the typical...

Bill Bonner's Diary

How America’s Working Stiffs Got Stiffed

Amazing how much difference a few years make. We first visited China in the 1980s. It was an appalling...

Bill Bonner's Diary

The Honest President

Dear Diary Reader, Dad is in Beijing at the Chinese launch of his new book on family wealth, Family Fortunes. So...