Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America's most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind The Daily Reckoning. Dice Have No Memory: Big Bets & Bad Economics from Paris to the Pampas, the newest book from Bill Bonner, is the definitive compendium of Bill’s daily reckonings from more than a decade: 1999-2010.
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How do you like those wimpy, whiney investors? They lose money in Facebook. Do they take their losses like men? Nope. They rush to sue everybody! The investment banks who were midwifes to the birth of FB into the public markets weren’t playing fair, they say. They gave their best clients more and better info…Read more…
Today, let’s take a look at the “logic” of the American Empire and what you can expect in the year(s) ahead… regardless of whether a donkey or an elephant squats in the Oval Office come Jan. 20, 2013. “Great empires, such as the Roman and British, were extractive,” the economist Paul Craig Roberts observed recently.…Read more…
Hey…this is fun! The European Roller Derby. Smash! Crash! Crunch! Whack! Fenders banged up. Radiators steaming. Tires flattened. Whee! But here’s the most exciting scene in the whole show. Greece and Germany are playing chicken! Greece presses down the accelerator and heads for Germany. “If you force us out of the euro, all of Europe…Read more…