21stcenturywire.com / 21Wire + Jamila Assi / JULY 19, 2016
21st Century Wire says…
Many of you will remember the formidable, eloquent and profoundly touching voice of Syrian journalist, Jamila M Assi, when she talked with 21st Century Wire live from Damascus. We are sharing her words today as they are particularly poignant in […]
mises.org / Mises Institute / July 18, 2016
An Open Letter to Donald Trump
We the undersigned urge you, the presumptive Republican nominee for President, to support a rebirth of free-market capitalism in the U.S. You have said repeatedly that you want to make American great again. We agree with you. And we assert […]
davidstockmanscontracorner.com / by Bloomberg Business • July 8, 2016
Chinese President Xi Jinping is putting more of the “state” in “state-owned enterprise.”
Carmaker FAW Car Co., fiber producer Sinoma Science & Technology Co. and miner Tibet Mineral Development Co. have recently modified their bylaws to give Xi’s Communist Party more oversight of management decisions. […]
21stcenturywire.com / Gilbert Mercier / JULY 1, 2016
From the west to the east, and the south to the north of our global horizon, it is the same tableau: the horrendous killing fields of disaster capitalism where its cohorts of 18-wheelers, heavy road machinery and police patrol cars roam the landscape continuously and are […]
zerohedge.com / By Yoon Young-Kwan, originally posted at Project Syndicate, Jul 1, 2016 11:55 AM
Populism, nationalism, and xenophobia all contributed to the victory of the “Leave” campaign in the United Kingdom’s recent referendum on membership in the European Union. But these forces float on the surface of a larger sea change: a fundamental shift […]
charleshughsmith.blogspot.com / by CHARLES HUGH SMITH / JULY 01, 2016
If you collapse these extractive, debt-dependent crony-capitalist cartels, you collapse the entire status quo.
Thousands of commentaries have been issued about Brexit in the past week. I’ve written four myself. Most discuss Brexit as the result of immigration issues, class war, political theater, a reaction […]
zerohedge.com / by Tyler Durden / Jun 24, 2016 8:25 PM
While the blame for today’s historic moment in the collapse of crony capitalism could be laid at many feet – from Brussels totalitarianism to Cameron and Osborne’s scaremongering blowback – one look at the charts and it becomes pretty clear when exactly the […]
zerohedge.com / Originally posted at Time Price Research, Jun 23, 2016 9:00 PM
China has completed its cycle as a high-growth, low-wage country and has entered a new phase that is the new normal.
China will continue to be a major economic force but will not be the dynamic engine of global growth it […]
wallstreetexaminer.com / by Doug Noland via Credit Bubble Bulletin / June 18, 2016
Credit booms are powerfully reinforcing. New Credit provides additional purchasing power that spurs spending, economic output, corporate earnings/cash-flow and income growth. Monetary expansions, as well, fuel inflating asset prices, most notably in securities and real estate. In both the Financial Sphere and […]
sovereignman.com / Simon Black / June 13, 2016
As you can imagine, here in Vietnam they call it the “American War”. Or sometimes the “Resistance War Against America.”
Most of us call it the Vietnam War. It left millions dead, and millions more wounded over a nearly two decades long conflict.
It caused catastrophic […]
mises.org / Ryan McMaken / 06/09/2016
“Americans are fatter than ever,” CNN reports in its examination of the latest National Health Interview Survey by the Centers for Disease Control.
This will surprise no one who has been paying any attention at all to obesity data in the US in recent years.
According to the CDC, […]
davidstockmanscontracorner.com / by Thomas J. DiLorenzo • May 26, 2016
I’m a fan of much of Pat Buchanan’s “America First” foreign policy writings in which he expresses the supposedly outrageous idea that the purpose of the national defense establishment should be to defend against foreign aggressors, and not be the aggressor. Defense, not offense. But […]
paulcraigroberts.org / Paul Craig Roberts / May 25, 2016
Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion .
The IMF’s rules prevent the […]
mises.org / Henry Hazlitt / May 13, 2016
A correspondent who describes himself as “a 26-year old college graduate who strongly supports a system of free enterprise,” recently wrote me to say that he is “continuously confronted with questions that are most difficult to answer.” He appended a list of 10 of them, and asked […]
tomwoods.com / Tom Woods / 13th May 2016
Here’s an episode I did of a PBS program, the subject of which was whether capitalism was the cause of or the solution to the problems stemming from the financial crisis of 2008.
PLEASE CLICK HERE TO LISTEN
zerohedge.com / by Tyler Durden on 05/09/2016 15:41
The following brief comment by Morgan Stanley’s chief FX strategist Hans Redeker is one of the best summaries of the sad state the centrally-planned world finds itself in after 7 years of constant central bank manipulation to push risk assets higher no matter the cost.
Global imbalances […]
zerohedge.com / by Tyler Durden on 05/09/2016 12:42
In recent months unexpected calls have emerged from unexpected sources questioning whether capitalism is even working any more in a world in which corporate profits refuse to drop leading to paltry wage gains and thus, lack of the all-important wage inflation. Most recently it was none other […]
zerohedge.com / by Tyler Durden on 05/08/2016 20:28
China’s leadership is trying to manage a tenuous balancing act between letting the private sector grow the economy, and making sure that its focus remains true to the party message.
In 2002, then president Jiang Zemin welcomed entrepreneurs to the party, and according to Bloomberg, the private […]
davidstockmanscontracorner.com / by David Stockman / April 25, 2016
Gary Cooper famously told a Congressional committee investigating communist infiltration of Hollywood in the 1950s that “from what I have heard about it, it isn’t on the level.”
I was put in mind of that observation this morning. First, I heard Jim Cramer saying that […]
zerohedge.com / Via ConvergEx’s Nick Colas, on 04/22/2016 12:10
Via ConvergEx’s Nick Colas,
Tell me truthfully: do you actually get a lot of value from quarterly earnings reports? It’s not actually me asking; it is the Securities and Exchange Commission and the NIRI trade group, the most influential group of Investor Relations professionals in U.S. […]
davidstockmanscontracorner.com / By JESSE FELDER / March 31, 2016
Over the past few years I’ve written a fair amount about the record-high levels of corporate profit margins. I’ve been focused on this topic because corporate earnings are one of the most popular ways to value equities thus the sustainability of record-high profit margins should be […]
zerohedge.com / by Tyler Durden / 03/29/2016 20:30 -0400
As President Obama explained in his Townhall in Cuba…
To make a broader point, so often in the past there’s been a sharp division between left and right, between capitalist and communist or socialist. And especially in the Americas, that’s been a big debate, right? […]
zerohedge.com / by B.F.Marcus via Foundation for Economic Education on 03/15/2016 17:30
Not only are young voters more likely to support Democrats than Republicans, they are also more likely to support the most left-wing Democrats. In recent polls of voters under 30, self-declared democratic socialist Bernie Sanders beats the more mainstream Hillary Clinton by […]