Dismiss these warnings at your peril.
Will it happen today? Tomorrow? In the next year? Next 3? No one knows for sure. But we are feeling increasingly extended in world markets (and not just in stock markets).
Yet there is deep value driving some of the economy too. There is no doubt about that.
That the EU types have been rebuffed with Brexit and Trump are positives – despite what you’ve heard –
Love the Judge.
We’ve said it before and we’ll say it again…“Menos Marx, Mais Mises!”
We are great fans of The Mises Institute at Against Crony Capitalism and we are fans of Mr. Deist as well.
Below we talk about our current and pervasive crony capitalist system and why it’s even more insidious than one might believe.
George Monbiot of Britain’s Guardian newspaper seems to think that Mises is indeed the progenitor of today’s crony capitalism and more.
OK, this is a pure dose of some libertarian/free enterprise white lightning. It’s hardcore and it will blow the minds of many of our statist friends who visit this site. Personally I find these arguments to be pretty much common sense. But the ideas below are not “officially approved” opinions. The video will challenge the thinking of many people. So be warned. (Just a trigger warning for all you socialists out there. For the record many of the great free marketeers in history started as socialists.)
One of the most important moments in American economic history. Nixon killed the last vestige of sound money in America. Within a decade the USA was heavily financialized.
Attached is an interesting interview with one of the most vilified (wrongly) people in American politics. We at ACC have quite a lot of respect for Charles Koch, though we may differ with him on some points. It’s good to see him speaking out and in depth.
For the record we have no affiliation with Charles Koch or any Koch organization.