{"id":37835,"date":"2018-09-16T07:07:02","date_gmt":"2018-09-16T12:07:02","guid":{"rendered":"http:\/\/olduvai.ca\/?p=37835"},"modified":"2018-09-16T07:07:02","modified_gmt":"2018-09-16T12:07:02","slug":"bill-bonner-americas-economy-is-on-a-suicide-mission","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=37835","title":{"rendered":"Bill Bonner: “America\u2019s Economy Is On A Suicide Mission”"},"content":{"rendered":"
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Bill Bonner: “America\u2019s Economy Is On A Suicide Mission”<\/span><\/a><\/h3>\n<\/div>\n
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Turning and turning in the widening gyre<\/em>
\nThe falcon cannot hear the falconer;<\/em>
\nThings fall apart; the centre cannot hold;<\/em>
\nMere anarchy is loosed upon the world,<\/em>
\nThe blood-dimmed tide is loosed, and everywhere<\/em>
\nThe ceremony of innocence is drowned;<\/em>
\nThe best lack all conviction, while the worst<\/em>
\nAre full of passionate intensity.<\/em><\/p><\/blockquote>\n

\u2013 \u201cThe Second Coming,\u201d William Butler Yeats<\/p>\n

Rain is coming down this morning. Buckets of it. The Carolinas are getting walloped by Hurricane Florence. Here in Ireland, another tropical storm, Helene, is said to be on its way. It is raining hard already.<\/p>\n

Yesterday, we went up to the coast to see a village that has been preserved more or less as it was 100 years ago. The cottages were just as you might have imagined, whitewashed stone with thatched roofs.<\/p>\n

On the coast, the winds blow so violently that the thatch must be lashed down with ropes to keep it from blowing off. Inside, each cottage had a little peat fire and just a few pieces of simple furniture.<\/p>\n

These were tiny homes \u2013 barely as large as the typical American living room. But they were cute, cozy, and \u2013 as long as the fire was burning \u2013 fairly comfortable.<\/p>\n

Meanwhile\u2026<\/p>\n

Bull Market Revival<\/strong><\/p>\n

In an unusually stark separation, the smart money and the dumb money seem to be taking leave of one another.<\/p>\n

This week, the news seemed especially felicitous. Stocks moved higher on a wave of positive jobs data and opinion surveys.<\/p>\n

The Dow now stands within 500 points of a new all-time high \u2013 which would signal a revival of the bull market that began in March 2009\u2026 or August 1982, depending on how far back you want to trace it.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bill Bonner: “America\u2019s Economy Is On A Suicide Mission” Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[6190,5186,1138,4318],"class_list":["post-37835","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bill-bonner","tag-bull-market","tag-stock-market","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37835"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37835\/revisions"}],"predecessor-version":[{"id":37836,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37835\/revisions\/37836"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}