The Daily Reckoning
The Daily ReckoningThe Daily Reckoning - Practical investment advice and global financial news and comment in an educational, contrarian and always entertaining format
A Turning Tide
16 Jun 2005 at 6:13pm
Questionable policy initiative in Japan: encouraging bureaucrats to procreate...paying $2 million for a dump... *** When will America's house party be broken up?...the mess Greenspan will leave behind... *** Attention speculators: This is a bubble. Get out....the instant gratification of easy money...
Low-Cut Dresses and Ugly Ducklings
16 Jun 2005 at 1:47pm
If all of your friends jumped off the bridge...real estate continues to cause people to do the oddest things... *** The original sin...flooding the world with money and labor...bending over backwards to get a good view... *** The Immaculate Conception of wealth...take a trip to Vancouver..
More Than a Conundrum
16 Jun 2005 at 1:43pm
Moving money from one pocket to the next...America's lust for wealth... *** You can't guarantee success...magical, mystery money... *** There's a skunk in the woodpile...a serious addiction to money pits...
A Recipe for Disaster
16 Jun 2005 at 1:42pm
Greenspan explains the interest rate conundrum...money would literally grow on trees if the Fed had its way... *** You have to earn it before you can spend it...who will replace the maestro? *** No-fault economy...the citizens of Squanderville that you should be worried about...
Hollow Dummies
16 Jun 2005 at 1:41pm
The patriotic duty to consume...the wheels of the U.S. empire are getting a bit rusty... *** Imperial hallucinations...who's going to throw Greenspan a life preserver? *** There will be no joy in Mudville after the bubble pops...another good reason to have kids - free labor...
Nipping the Bubble in the Bud
16 Jun 2005 at 1:40pm
Naked housewives...revoking credit cards in the U.K.... *** Binge borrowing...misery ensues...the party had to end sometime... *** Greenspan should go incognito...a weakening middle class...
Gold Reconsidered
9 Jun 2005 at 1:44pm
What's that? Do we see the Big Picture in the distance?...globalization works against the West... *** Where European and Anglo-Saxon economies part ways...fondled figures...obvious, but inconvenient points... *** The race toward disaster...the slick beauty of the global economy...
Searching for the Sweet Spot
9 Jun 2005 at 1:43pm
Why isn't anyone asking the right questions?...property prices in the political center of the U.S. empire... *** Choosing what "emergency" to address first...the ticking time bomb of personal debt... *** Preparing the next generation of world improvers and empire builders...examining the gold community...
House Arrest
9 Jun 2005 at 1:43pm
Oh, what a tangled web we weave...mind the gap... *** A speculator in buyer's clothes...it may be sunny now, but we'll hold onto our umbrellas - just in case... *** Jobs numbers disappoint...the comeback of thrift...
Imperial Conceit
9 Jun 2005 at 1:42pm
Thinking about how societies really work...an empire built on unnecessary figureheads... *** The emperor has no authority...the greatest pyramid scheme of all time...don't ask, don't tell... *** Believing all is well in Squanderville...selling your soul for the imperial race...
| Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter publishing companies, and the author of the free daily e-mail The Daily Reckoning. He is also the author, with Addison Wiggin, of “Financial Reckoning Day: Surviving The Soft Depression of The 21st Century” (John Wiley & Sons). |
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