American Consequences
February 2020

In War, Revenge Equals Destruction

By Bill Bonner Iran seems to have taken the bait. It couldn’t resist having its revenge on the avenger. But what’s this… ? Is that giggling noise coming from the graveyard… ? Today we return to our study of the two disastrous, society...

February 2020

Financial Markets’ Iran Delusion

By Nouriel Roubini Following the United States’ assassination of Iranian Quds Force Commander Qassem Soleimani and Iran’s initial retaliation against two Iraqi bases housing U.S. troops, financial markets moved into risk-off mode: Oil prices spiked...

February 2020

Virginia Today, Your State Next

By Jesse Kelly Things have changed in America. And it’s only going to get worse – not better. We often struggle to accept when things have changed. It’s perfectly human. We instinctively fear the unknown. Change is unknown and should therefore be...

February 2020

How to Escape From Japan

By Dan Ferris I don’t believe any business schools offer a ‘How to Escape From Japan 101’ course… They might want to rethink that. For example, let’s say you become the CEO of a big car company in Japan… get anointed as a hero for saving...

February 2020

Socialism, Lies, and Coronavirus

It’s what they’re not telling you that matters the most… By Kim Iskyan On August 14, 1998, the president of a powerful, formerly communist nation told one of the biggest lies ever… At the time, I was living in Russia, so it occupies a...

February 2020

Fixing the Faults in Our Stars

By James Hetrick The number 2020 divided by 4 equals 505, exactly – with no remainder, which makes the year 2020, like the upcoming years 2024, 2028, 2032 (and beyond), a leap year. We will get an “extra” day, February 29. This pattern...

February 2020

The $30 Fix for Your Love Life

By Dr. David Eifrig A bedside table lamp could help reinvigorate your sex life… Recent research from the University of Siena in Italy says that light exposure helps boost male sex drive. The study, although small, recruited men with hypoactive...

February 2020

Where Our Trust in News Lives

By Salena Zito Every Wednesday morning, James McDaniel sits along the South Main Street portion of U.S. Highway 11 with a healthy stack of The News-Gazette beside him. He wears a neat white apron with the newspaper’s moniker stitched across the top...

February 2020

Everything on Demand

By John Stossel Reporters complain about business. We overlook the constant improvements in our lives made possible by greedy businesses competing for your money. Think about how our access to entertainment has improved. “When I was a kid,” says...

February 2020

A Global Economy Without a Cushion

By Stephen Roach From 1990 to 2008, annual growth in world trade was fully 82% faster than world GDP growth. Now, however, reflecting the unusually sharp post-crisis slowdown in global trade growth, this cushion has shrunk dramatically, to just 13%...

February 2020

The Third Oil Shock is Coming

By Nick Giambruno Big Middle East wars are often catastrophic for global oil supplies. This makes sense. The Middle East accounts for more than 40% of global oil exports. So a big conflict in the Middle East often triggers a big spike in the price...

February 2020

Romney’s Righteous Turncoat Vote

By Buck Sexton After the most absurd presidential impeachment in the history of the U.S. Congress, last week was finally an opportunity for the Republican Senate majority to restore sanity to its institution… On a purely party line vote...

January 2020

If You Set Your Alarm for 2021…

How Bad Could It Be? Letter from the Editor: Editor in Chief P.J. O’Rourke Dateline: January 1, 2020, still in bed, hiding under the blankets with my laptop. New Year’s Day – when the “Over” meets the “Hang.” The two thousand-teens are over (thank...

January 2020

Skip the Fad Diet

If you really want to eat healthier By Dr. David Eifrig It’s January, which means no one is eating the office cookies. Each new year, folks make resolutions to lose weight. They want to try the latest, greatest diet trend that promises to slim you...

January 2020

The Fountain of Youth

It’s both a chemical and a lifestyle By Joel Litman Every January, the world is obsessed with “getting healthy.” New Year’s resolutions abound, gym memberships skyrocket, and Internet searches for fad diets like Paleo and Keto increase...

January 2020

Held Up Without A Gun

By John F. Wasik Today’s cyber-robbers skip the tellers and prey on unwitting ordinary account holders. Here, a veteran financial journalist explains how it happened to him. In less cybernetic times, bank robbers “knocked over” banks with tommy guns...

January 2020

The Wealth Whisperer

By Steven Longenecker Portfolio manager and former hedge-fund founder Austin Root has worked with and advised some of the most powerful names in the financial world… • Steve Schwarzman, the founder of Blackstone. • Hedge-fund billionaire and...

January 2020

Welcome to the End of Hong Kong

By Kim Iskyan Pretend for a moment… In 27 years, Martians are going to take over your country. The people in your country sort of look like Martians – so from the outside, it might not seem like a big deal. But your folk and the Martians have...

January 2020

If No One Has to Work, No One Will

By Senator Rand Paul A few years ago, NPR did a fabulous story on China’s rise from the ashes of Mao’s Marxism to allow a modicum of freedom. The story takes place in the small village of Xiaogang in 1978. Several farmers had come together in a dirt...

January 2020

Government Debt Is Not a Free Lunch

By Kenneth Rogoff With interest rates on government debt at multidecade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up toward Japanese levels (over 150% of GDP even by the most...

January 2020

An Exclusive Interview With Sean Parnell

An Exclusive Interview With Sean Parnell By Executive Editor Buck Sexton Recently, Executive Editor Buck Sexton sat down with Sean Parnell – Afghanistan combat veteran, Republican Candidate for the 17th Congressional District of Pennsylvania, and a...

December 2019

This is When the Next Recession Begins

By Joel Litman Market strategists, financial journalists, and investors are calling for a recession in 2020. Some would have you believe it’s already begun. Moreover, many folks conclude that this recession will launch the next great bear market...

December 2019

In Defense of Adam Neumann

By Bryan Beach Adam Neumann’s buffoonery has been the gift that keeps on giving… especially for those of us who write about markets for a living. In the past year or so, the disgraced CEO of office-space peddler WeWork has provided endless...