The rich get richer, the poor get sanctioned and The Covid gets lost in the news cycle…And so it came to pass in the Year of Our Lord, 2008, the Fed panicked. In its hysteria, it bestowed on the rich such gifts as the world had never seen. The US stock market rose 5 times […]
Bill Bonner
The Russian Bear by Bill Bonner
Putin bites back, cancel finance and new world workarounds… The Russian bear has claws… and teeth. Here’s the latest, from Fortune: In the FX world, the ruble had its biggest gain in the week yesterday, climbing nearly 7% against the dollar. One impetus for that came from Russian president Vladimir Putin’s surprise statement on Wednesday […]