Past Articles


These Debt Levels Are Crazy…

The Dow posted a big 158 point gain yesterday – about a 1% jump. Gold sank to $1,288 an ounce. What does that tell us about what is coming down the pike? Nothing. But even without knowing anything about the future, we grow nervous. The morewe look, the more we see dangerous distortions and illusions caused by central bank...

Bill Bonner's Diary

This Hugely Popular Investment Is About to Blow Up

The Dow dropped 137 yesterday. Gold was flat. US stocks are in an historic uptrend; not for 40 years...

Bill Bonner's Diary

American, Male, Middle-Class and Broke

Yes, dear reader, the chattering classes are upset by "wealth inequality." One man has a lot. Another has a...

Bill Bonner's Diary

Take This Away and the US Stock Market Crashes

Yesterday, we were explaining how the US empire and the Fed-induced credit bubble depend on each other. To make...

Bill Bonner's Diary

Pssst… The Military-Industrial Complex Is Alive and Well

We made an observation last week: The US empire and its credit bubble will probably come to an end...

Bill Bonner's Diary

The Fed’s Childishly Naïve Theory of Credit

Today, we return to familiar territory. We have seen it before: The slowdown in the economy. The overpricing of...