Posts Tagged ‘ capitalism ’

Debt Is Dangerous, Especially of the Government Kind

Nov 4th, 2009 | By Bill Bonner | Category: Featured, Macro Economics
Earthlings are all convinced that a financial crisis of cosmic proportions befell the planet last fall. Had the authorities failed to act with determination and speed, it would have been the end of the world. In the popular mind the politicians have saved capitalism from its own excesses. Our views are ...read more

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Posted in Featured, Macro Economics | 1 Comment »


G-20, Protesters, Sound, Fury

Oct 7th, 2009 | By Byron King | Category: Featured, Macro Economics
Wow, there were cops everywhere. On Wednesday, the day before the G-20 opened, I drove through the Oakland section of town, home to the University of Pittsburgh and Carnegie Mellon University. There were squads of state troopers on every block. It was just a long, gray line of troopers, with their ...read more

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Western Civilization and the Titanic

Jun 8th, 2009 | By Elizabeth Brinsden | Category: Featured, Morning Whiskey
Some thirty years ago a commentator used the analogy of the course of Western Civilization hitting an iceberg, suffering thereby the same fate as the Titanic at the beginning of the 20th century. In other words, in its immense pride and folly, believing itself to be impervious to any danger ...read more

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Posted in Featured, Morning Whiskey | 2 comments


How Unions and Governments Destroy Businesses

May 7th, 2009 | By Bill Bonner | Category: Featured, Macro Economics, Politics
In the newspapers there is much discussion of what General Motors should do. This discussion has gone on for many years. Until now, it was a conversation carried on by serious analysts and auto industry experts. They all said the same thing: GM needed to clear out its management, dump ...read more

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Posted in Featured, Macro Economics, Politics | 2 comments


Here Come the Commies: Marxism Goes on the Attack

Feb 26th, 2009 | By Dan Denning | Category: Featured, Macro Economics
A quote that’s often ascribed to Karl Marx has been popping up a lot lately: "Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt ...read more

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Posted in Featured, Macro Economics | 16 comments


‘Atlas Shrugged’ – 50 Years Later

Mar 8th, 2007 | By Whiskey Contributor | Category: Macro Economics
WHEN AYN RAND finished writing Atlas Shrugged 50 years ago this month, she set off an intellectual shock wave that is still felt today. It's credited for helping to halt the communist tide and ushering in the currents of capitalism. Many readers say it transformed their lives. A ...read more

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Posted in Macro Economics | 1 Comment »