Trumpian fans will almost surely say “how could you not see it before?”, but I still believe it’s a reasonable response that when someone says “go and drink this poison–it will taste really good!” we should vehemently disagree. And I still disagree with his rhetoric on tariffs, but there is some small reason for optimism. […]
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In my last post, one of our frequent commenters repeated a critique that Donald Trump and so-called MAGA members make, which is that the WSJ specifically, but by extension anybody that opposes the national conservative movement, is a globalist. Here is a portion of the salient* remarks that Richie offered: Frankly, the WSJ is no […]
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Socialists of all stripes agree–the market process must be managed by the all-wise elite
04 Mar 2025
And just like the communists, they will always speak of doing it on behalf of the people. Welcome to the Peoples Republic of America (PRA), because it’s Tariff Time! Of course Mr. Trump’s supporters will vehemently disagree with me, with some justification, as Mr. Trump doesn’t want to run the whole economy. True enough. But […]
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How much capital has been squandered by ChiComs?
12 Jan 2025
Well, one extreme case suggests 90%! Reuters reported this week (HT to Almost Daily Grants) that Country Garden, the large Chinese property developer that defaulted on it’s external bondholders has offered up new debt instruments with extended payback, or cash with a 90% haircut! Maybe the property sector is worse than the other capital misallocation […]
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Biden ignores his national security advisors’ advice to block Nippon Steel deal for national security!
04 Jan 2025
So reports the WSJ this morning. I’m reminded of the aftermath of the Afghanistan withdrawal debacle and the reporting that Mr. Biden ignoring military general’s advice and stubbornly followed his own poor political calculus that he had to have the U.S. out of Afghanistan by his own arbitrary timeline of 9/11/2021. At that time we […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach