The man who knew? Greenspan didn’t seem to know that the biggest bubble in history was created right under his nose.
About Bill Bonner
Governments abolish cash. You have no choice but to leave your savings on deposit. And you’re forced to pay banks for storing your money.
A privilege…a special tax break…a rule…a prohibition…a piece of meat here, a piece of meat there…and soon the foxes are eating high on the hog.
The Deep State, to be clear, describes the way the US government really works, rather than the way it’s supposed to work.
Everyone believes the gold market has reversed direction. The bull market of the last 14 years has finally ended. It’s all downhill from here, they say.
Gold is hard to find and hard to bring up out of the earth. As a result, its quantity is always limited — by nature herself.
Perhaps Sanders and Trump are right; maybe it’s time to take a fresh look at the power elite…and how they are running the country.
Greece, for example, has been able to live beyond its means — on credit provided by Northern Europeans.