Bill Bonner on the Plague
Life in the Year of the Plague Maria Bonaventura Apr. 19, 2020 Secluded in Argentina’s Calchaquí Valley, Bill continues his chronicles of life in the year of the plague… This week he sets out on horseback to unearth a local legend, hidden in an impenetrable rock fortress… all while connecting the dots of fake money… fake wars… and other government misadventures in America… Regards, Maria Bonaventura Managing Editor, Bill Bonner’s Diary Siri, Where’s My Corona Bailout Check? Another week gone under lockdown, and another one to come. As the economy withers away, our editor wonders: How many lives will the shutdown truly save… and how many will it ruin? The Feds’ Fatal Flaw… and a Wake-Up Call With the coronavirus crisis in full force, many Americans are clamoring for the government to protect us and keep us safe. The only issue is, there isn’t a problem the feds can’t make worse… Vive la Révolution? The feds are replacing old-fashioned getting and spending with coronavirus stimulus. The virus may be defeated with a vaccine… but the economy is bound to suffer from their meddling long after this crisis is over. It all goes back to what Bill calls the feds’ “fatal flaw”… A Nation of Poltroons The feds aren’t the only ones with a flaw. The masses have a complementary flaw. And it manifests itself in submission to...
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