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Vote or Die!

This post Vote or Die! appeared first on Daily Reckoning. “What ass first let loose the doctrine that the suffrage is a high boon and voting a noble privilege?” — H.L. Mencken “Can you bring it in on...

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The Tragedy of Common Politics

This post The Tragedy of Common Politics appeared first on Daily Reckoning. “Don’t let anybody tell you,” Hillary Clinton recently told a crowd in Boston, “it’s corporations and businesses that create...

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The Currency Wars of the 20th Century

This post The Currency Wars of the 20th Century appeared first on Daily Reckoning. Jim Rickards is no ordinary hedge fund manager. Lots of guys can boast 35-year careers on Wall Street. Only Rickards...

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A Short History of Speculative Excesses and Wealth Preservation

This post A Short History of Speculative Excesses and Wealth Preservation appeared first on Daily Reckoning. As economist Hyman Minsky showed, booms actually play an important economic role — they...

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Attention to Deficits Disorder

This post Attention to Deficits Disorder appeared first on Daily Reckoning. “To contract new debts is not the way to pay old ones.” – George Washington If the history of United States federal budgets —...

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When Genius Fails Again, Part I

This post When Genius Fails Again, Part I appeared first on Daily Reckoning. “They had the Ph.D.s,” Jim Rickards was saying, “They had the prizes. They had the Nobel Prizes. They had the faculty...

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When Genius Fails Again, Part II

This post When Genius Fails Again, Part II appeared first on Daily Reckoning. Where were we? Ah, yes… the sword of Damocles hanging over the global economy. By June of last year, total world...

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When Genius Fails Again, Part III

This post When Genius Fails Again, Part III appeared first on Daily Reckoning. “All of the gold in the world was confiscated in 2020,” writes Jim Rickards from the year 2024, “and placed in a nuclear...

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Innovate or Die

This post Innovate or Die appeared first on Daily Reckoning. “The problem with the French is… they don’t have a word for ‘entrepreneur.’” — rumored to have been uttered by President George W. Bush to...

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Military Spending: An Unnecessary Farce

This post Military Spending: An Unnecessary Farce appeared first on Daily Reckoning. “If you see fraud and do not say fraud, you are a fraud.” – Nassim Taleb, Antifragile Words to live by. We don’t go...

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