Bill Bonner


Why America Hasn’t Had a Raise in Forty Years

POITOU, FRANCE – Whoa! What’s this? The Dow popped up nearly 400 points yesterday. It is now just 4% off its all-time high of 26,616, reached on January 26 of this year. And you know what that means. Markets are either going up or going down. According to Dow theory, a market goes down after […]

Turkey: A Glimpse of America’s Future

POITOU, FRANCE – Coming into focus is a fuller picture of the worldwide financial crisis. This week, we began...

Bad News for Our “Sh*thole Portfolio”

Wednesday, August 15, 2018 – The Feast of the Assumption POITOU, FRANCE – Today is a holiday in France....

How Turkey Derails the Financial World

POITOU, FRANCE – We led off yesterday with the Turkey story… …and Friday’s tweet from Donald J. Trump: I...

Are Interest Rates Evil?

POITOU, FRANCE – “Do you follow what is going on in Turkey? That guy is a real moron…” Thus...

“Good News” From Venezuela…

POITOU, FRANCE – Here at the Diary, we walk on the sunny side of the street, even at night....

How to Buy a Million Gallons of Gas for a Dollar

POITOU, FRANCE – The delusional, rock ’em-sock ’em, baroque news just keeps coming. We laugh readily; but even we...