Mr Trump tells us that his administration has ‘added a million new jobs.’ That figure comes from the Labor Department, which is responsible for fudging these numbers.
Behind the flurries lies a much bigger storm. There, the howling winds of fake finance blow up so much dust that the typical person cannot see clearly.
Cryptocurrencies are not an investment. And not yet a convenient or reliable form of money. They are still just an experiment. A work in progress. Early adopters could get rich…or get wiped out.
Republicans will get there…when stocks fall to half of current prices…the economy goes into a recession…and panic grips their craven little hearts.
Spending more on medical care doesn’t necessarily make people healthier. In fact, it may squander resources, leaving them poorer and more vulnerable.
Trump is America’s first ‘declinist’ president. That is, he’s the first to recognise that the country’s best days are probably behind it.
Poor David Brooks… Yesterday, while waiting for one dose of claptrap, we were whacked by another. Fed chief Janet Yellen was scheduled to speak before the House Financial Services Committee on Capitol Hill at 10:00am. Waiting, we read a column by Mr Brooks in The New York Times: ‘Recently I took a friend with only a … Read More
Governments are always finding ways to make life expensive, difficult, inefficient and unproductive. Particularly the French government…
We’re back at our post — watching…reading…trying to connect the dots. And we begin by asking: What does a think tank think about?
Imagine you begin with $100,000 and the fund loses 50% one year and makes 50% the next. You’re even, right? Very wrong.
We begin by correcting a common misunderstanding. Many people call it the ‘Civil War’, which is not only oxymoronic but also incorrect.
From almost every angle you look at it, the 21st century has been one big, fat flop. Putting it in context, the century opened with high hopes.
We don’t like to disappoint you. But while we’re with the POTUS, the POTUS himself isn’t. There will be no serious shutdown of the federal government.
The Fed fiddles with short-term interest rates…President Trump tweets a threat to the Freedom Caucus…the GOP proposes a new health-care plan…