President Killary — Paul Craig Roberts

President Killary
Would The World Survive President Hillary?

Paul Craig Roberts

This is an English translation of an article that I wrote for the German magazine, Compact. I was encouraged by the high level of intelligent discourse that Compact brings to its readers. If only the US had more people capable of reaching beyond entertainment to comprehending the forces that affect them, there might be some hope for America.

Peter Thiel Says Everything Is Overvalued: "Public Equities, Houses, Government Bonds"

Since the Fed may not, or simply refuses, to see if not a bubble then at least "froth" in any asset class, perhaps it should hire Peter Thiel to be on its macroproduential supervisory committee, because according to the venture capital legend who co-founded PayPal everything is overvalued. Speaking at the LendIt USA Conference in San Francisco on Tuesday, he said that he is "somewhat concerned about the frothiness of the markets" and adds that "startup tech stocks may be overvalued, but so are public equities, so are houses, so are government bonds."

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