Submitted by Daniel Mitchell via The Foundation for Economic Education,
Early last month, in a column on my hopes and fears for 2017, I fretted about fiscal chaos in Italy leading to default and bailouts.
Simply stated, I fear that Italy, along with certain other “Club Med” nations, has passed the point of no return in terms of big government, demographic decline, and societal dependency.
Submitted by Saxo Group's Jack Davies, via TradingFloor.com,
What happens when a prolific progressive Huffington Post contributor deviates from the narrative and publishes an article admitting Donald Trump was correct about something?
HuffPo deletes the article and bans the guy, of course!
Norwegian journalist, author, and world traveler René Zografos had the audacity to suggest that Donald Trump was telling the truth about Sweden's ongoing nightmare related to the violent tidal wave of predominantly North African refugees. Zografos wrote:
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
A few days ago, I wrote an essay entitled “Not Nearly Enough Growth To Keep Growing”, in which I posited, among many other things, that “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s” along with the question “..was America at its richest right before or right after Nixon took the country off the gold standard in 1971?”
Submitted by Saxo Bank's Martin O'Rourke via TradingFloor.com,