How to Ruin an Empire


Maria Bonaventura

Nov. 10,2019


It’s a classic formula… From ancient Rome to modern Venezuela, there is one surefire way to ruin an empire: Step 1) Spend more than you can afford, year after year. Step 2) Build up the military. Not to protect yourself from overseas enemies… but to fight the angry mobs at home after Step 1 backfires. It’s the easy-money curse, as Bill puts it. And in this week’s Diary, he explores how – from giveaways, to crony deals, to free money – the curse is already haunting America… and things threaten to get worse…


Maria Bonaventura
Managing Editor, Bill Bonner’s Diary

P.S. Pay close attention to Friday’s issue, “Call the Funeral Home.” Our research department just crunched the latest numbers on Bill’s Doom Index, and it’s flashing a warning sign. The last time it reached this level (9) was during the financial crisis of ’08, right before all Hell broke loose…


image The Persecution and Assassination of Donald J. Trump, Part 5
Why is the Deep State out to get Donald Trump? On Monday, our editor picks back up where he left off last week. And the answer: It’s complicated…

image The Persecution and Assassination of Donald J. Trump, Part 6
As Bill concludes his six-part series, we see how things always come full circle in the end. And the road to ruin for America’s empire is no exception…

image SoftBank Hit the Fan. Who’s Next?
“Easy money is an invitation to an accident.” Those are Bill’s wise words on Wednesday, as he shows how the fate of the failed WeWork-SoftBank experiment is a sign of what’s to come from the rest of America’s exercises with funny money.

image How the Feds Got in the Way of the Pursuit of Happiness
Thomas Jefferson found the key to happiness early on… but then he went against his own counsel. Taking a trip down memory lane on Thursday, Bill reveals how America’s failure to comply with that one rule could now lead the country to its destruction.

image Call the Funeral Home
Our Doom Index just flashed a warning sign. It hasn’t been this high since 2008 – right before all Hell broke loose during the global financial crisis. Yet, oblivious, stocks are hitting all-time highs. What gives?

image There’s a “War” Going On… And You’re Funding It
As Bill pointed out on Thursday, government interference is getting in the way of the nation’s happiness. But on Saturday, colleague and former hedge fund manager Teeka Tiwari reveals how it also threatens your savings… and your retirement…

Like what you’re reading? Send your thoughts to