Tag Archives: World Economics: The Greatest Financial Train Wreck the World Has Ever Seen – Bill Bonner’s Diary

World Economics: The Greatest Financial Train Wreck the World Has Ever Seen – Bill Bonner’s Diary

Bill Bonner’s Diary

BALTIMORE — Last week, stocks finished at an all-time high. But guess what? In terms of real money — gold-linked, pre-1971 dollars — stocks have been losing ground since the start of the millennium.

We are looking at one of the most remarkable episodes in financial history. Investors think they are making money… when they’re actually getting poorer.

Donald J. Trump tells the international Deep Staters at Davos that the U.S. economy is “spectacular”, but most of its countries have never recovered from the crisis of ’08-’09.

What a jolly time to be alive… to be conscious… with a few dollars saved up and a sense of humor. And coming up… a financial Demolition Derby on a global scale…              Continue reading

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