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The New World Order, Courtesy of Rube Goldberg
The New World Order, Courtesy of Rube Goldberg In the 1930s, cartoonist Rube Goldberg became famous for designing machines that sought to fulfill a task, but did so in such a complex way as to be utterly ridiculous and, very possibly, unworkable. Governments, of course, are Rube Goldbergs on steroids. They have a penchant for […]
The Blind Leading the Clueless
The Blind Leading the Clueless (Gregory Mankiw, an economics professor at Harvard, interviews Janet Yellen.) Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent […]
David Stockman on Fiscal Disaster, Social Unrest, and the Presidential Election
David Stockman on Fiscal Disaster, Social Unrest, and the Presidential Election International Man: Recently, massive riots have broken out in many cities across the US. Despite the unrest—and the economic damage from the shutdowns—the stock market continues to rally. It seems that markets don’t reflect earnings, economic prosperity, or growth. What is going on here? […]
Will it be an Inflationary or Deflationary Depression?
Will it be an Inflationary or Deflationary Depression? At some point, the economy is no longer controlled by individual citizens in the marketplace but by government “planners,” who find they have only one of two alternatives: stop “stimulating” and permit a full-scale credit collapse, or continue stimulating until the dollar loses all value and society […]
Red Gold: China’s Stealth Plan to Use Gold for World Domination
Red Gold: China’s Stealth Plan to Use Gold for World Domination Gold used to be important. During and after World War II, every major developed country amassed as much physical gold as they could. It stabilized currencies and signaled independence. But with the end of the gold standard in 1971, most countries began to sell […]
Why the US Is Headed into Its Fourth Turning
Why the US Is Headed into Its Fourth Turning International Man: The economic, political, social, and cultural situation seems to have become increasingly volatile in the United States and more broadly in the West. Is this a unique situation or part of a recurring historical cycle? Authors William Strauss and Neil Howe introduced a popular […]
Doug Casey on What the International Ruling Class Have Planned for You
Doug Casey on What the International Ruling Class Have Planned for You International Man: No matter the problem, the prescription of the Davos crowd is always more welfare, more warfare, more money printing, more taxes, and of course, more centralization of power into global institutions. What’s your take? Doug Casey: The people who attend Davos […]
David Stockman on What Triggers the Next Financial Collapse
David Stockman on What Triggers the Next Financial Collapse International Man: You have sounded the alarm on a coming financial crisis of historic proportions. How do Trump’s trade policies figure into your view that a crisis is coming? David Stockman: Trump’s trade policies only create more risk and rot down below. They’re just kicking the […]
Doug Casey on the Destruction of the Dollar
Doug Casey on the Destruction of the Dollar “Inflation” occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the auto maker, although they usually get blamed. On […]
Democracy Is the Ideal Distraction
Democracy Is the Ideal Distraction In the days of yore, there were kings. Everybody could agree to hate the king because he was rich and well-fed, when most of his minions were not. Then, a more effective system was invented: democracy. Its originators had in mind a system whereby the populace could choose their leader […]
The Greatest Swindle in American History… And How They’ll Try It Again Soon
The Greatest Swindle in American History… And How They’ll Try It Again Soon International Man: Before 1913 there was no income tax, and the United States was a much freer country. Initially, the government sold the federal income tax to the American people as something only the rich would have to pay. Jeff Thomas: Yes, […]
All It Takes Is a Slipup or a Nudge
All It Takes Is a Slipup or a Nudge Just prior to a war, the majority of people in the nations that are about to become involved tend to assume that another nation is threatening theirs, whist their own leaders are doing all they can to avoid conflict. This is almost never the case. The […]
Falling From Grace
Falling From Grace Years ago, Doug Casey mentioned in a correspondence to me, “Empires fall from grace with alarming speed.” Every now and then, you receive a comment that, although it may have been stated casually, has a lasting effect, as it offers uncommon insight. For me, this was one of those and it’s one […]
The Economic Bubble Bath
The Economic Bubble Bath At the end of a long, tiring day, we may choose to treat ourselves to a soothing bubble bath. Surrounded by steaming water and a froth of sweet-smelling bubbles, it’s easy to forget the cares of everyday life. This fact is equally true of economic bubbles. When the markets are up, […]
Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy
Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He’s clearly stated this in many interviews. His desire to minimize his taxes has brought scorn from many in the mainstream media, and politicians […]
