Bill Bonner's Diary

Bill Bonner’s Diary is the only daily newsletter that features the unique ideas of bestselling financial author Bill Bonner.
From Wall Street to Washington, Bill leaves no idol un-busted and no stone unturned.

An Elite Economy: Like Traffic Lights on the Fritz

The top 10% of the population now owns almost all U.S. businesses – 89% of the stock market…. House Speaker Nancy Pelosi gained $74 million. Senate Majority Leader Mitch O’Connell gained $31 million. This economy is not one for the people; it’s for the deciders… and the deciders are falsifying the signals.

American Progress Is Slowing Down

The U.S. economic growth rate is barely half of what it was in the last century… American military strategies have resulted in several 21st century losses... and the country’s public health measures have done little to curb deaths from COVID-19. Why is the U.S. struggling to make progress?