Teetering on the Brink of the Abyss

 

Emma Walsh

May 10, 2020

 

[US]America is in the grip of the “Great National Hysteria.” The “national madness” rampaging through the country is far more deadly than the coronavirus will ever be.

But our editor warns that we’re only starting to see the toll the feds’ response to the coronavirus pandemic will take on the American economy.

Far from being through the worst, America is just teetering on the brink of the abyss…

Regards,
Emma Walsh
Managing Editor, Bill Bonner’s Diary

 


image All About Trump
Our editor responds to a reader who believes that President Trump has leveled the playing field for the middle class, allowing them to “make money hand over fist”… And he takes issue with the reader’s accusation that he is “making money off the misfortune of others.”

image Arson, Larceny, Vandalism: The Originarios Declare War
The originarios at Bill’s ranch in Argentina are on the warpath. The latest in this long-running battle for land ownership brings extensive damage, arson, larceny, and vandalism. Bill rides up to investigate.

image Flight of the Dead Condor
Our editor believes the C-virus poses no real danger to the nation. But despite this, the “Great National Hysteria” about the coronavirus continues. Costs – measured in lives, jobs, and businesses – continue to mount. And America just became a real bad bet.

image Have the Feds Put Half of America’s Small Firms Out of Business?
Even before the C-virus struck, many Americans were just getting by. Some were barely managing to survive from paycheck to paycheck. But now, it looks like for many, the paychecks will soon stop…

image Six Feet Apart… Or Six Feet Down?
While the police ride up to investigate the attacks on his ranch, Bill has his say on the extreme measures taken by global authorities against the coronavirus… Universal Lockdown was bad medicine… bad law… and bad government, he says. And it will lead to the biggest financial loss in American history.

image Why I’m Sticking With Gold
As longtime Diary readers know, our editor is an out-and-out goldbug. And he’s not the only fan of the yellow metal here at Rogue Economics. In his weekend guest essay, our world-traveling colleague, Tom Dyson, tells us why he’s “all-in” on gold.

Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com.