People are upset. They know something is wrong. But they don't know what. The real explanation is too complicated. They won't sit still for it. So, they look for scapegoats - the rich...the banks...the Chinese.
Bill BonnerA man on his owns knows that he is best advised to leave his dumbbell neighbors alone. But let him join a political party, and he fantasizes that he has the right and the power to tell everyone on the block what to do.
Bill BonnerNone of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
Bill BonnerBoth the liberal and the conservative are in agreement: it is all very well to let the people alone, but only if they do what you want them to do.
Bill BonnerAnyone who wants to vote probably shouldn't be allowed to vote. Voting is the first step towards zombification - trying to get something without actually working for it.
Bill BonnerThe promise of American capitalism is that it makes people richer, freer and more independent. But since the introduction of Fed, the currency in which Americans keep score has so addled the figures, we scarcely know if we are winning or losing. The dollar we knew as a child - in the 1950's - is only worth a tenth as much today.
Bill Bonner