Bill Bonner

Poor Ron Paul…

The further the country goes in the wrong direction, the more people there are who have a financial interest in staying on the same road.

Dow at 8,000

We’ve spent our entire life in a credit expansion. We began life when the cork came out of the credit jug. We’ve all been pulling hard on it ever since. Heck, we’ve lived on it. “Hey, we’ll pay you later,” we said. But what if “later” is now?