Tag Archives: Hillary Clinton

What politicians say and what presidents do often have little to do with one another. U.S. President Franklin D. Roosevelt, for example, implemented the New Deal a year after the Democratic Party pledged to slash government spending. Still, with the U.S. presidential election fast approaching, the economists on Credit Suisse’s Global Markets team analyzed the campaign promises made to date in the hope of giving investors some sense of what the future might hold.   They determined that if...

  French for Trump OUZILLY, France – There are two ways you can destroy a country: pull down its money or build up its military. Usually, they go hand in hand – one hand ruining the economic body, the other attacking the soul. “I would vote for Trump.” The remark last came from an unlikely source. The French press treats Trump like a clown or a con artist. Until last night, we had not encountered a single Frenchman...

[unable to retrieve full-text content]OUZILLY, France – We’re going back to basics here at the Diary. We’re getting everyone on the same page… learning together… connecting the dots… trying to figure out what is going on. We made a breakthrough when we identified the source of so many of today’s bizarre and grotesque trends. It’s the money – the new post-1971 dollar. This new dollar is green. You can buy things with it.

[unable to retrieve full-text content]n honest capitalism, you do what you can to get other people to voluntarily give you money. This usually involves providing goods or services they think are worth the price. You may get a little wild and crazy from time to time, but you are always called to order by your customers.

[unable to retrieve full-text content]War: A Warning from the Past. Although history does not exactly repeat itself, it does provide parallels and sometimes quite ominous ones. Such is the case with the current U.S. Presidential election and the one which occurred one hundred years earlier.

  A Small and Lonely Group PARIS – It’s back to Europe. Back to school. Back to work. Let’s begin by bringing new readers into the discussion… and by reminding old readers (and ourselves) where we stand. US economic growth: average annual GDP growth over time spans ranging from 120 to 10 years (left hand side) and the 20 year moving average of annual GDP growth since 1967. Note that the bump in the 70 year average is...

Hillary Clinton, Donald Trump This tells you everything you need to know about how Hillary will operate as President: there will be no honesty, transparency or truth, ever. Hillary’s bid for the presidency is no longer defensible; it’s time to bring back Bernie Sanders as the Democratic nominee. The issue isn’t Hillary Clinton’s health per se; what is indefensible is her response to legitimate questions of the...

[unable to retrieve full-text content]Low Rates Forever, Nothing much is happening in the money world. The press reports that traders are hanging loose, wondering what dumb thing the Fed will do next. Rumor has it that it may decide to raise rates in September, or maybe November… or maybe not at all.

Fake Money, Fake Capital OUZILLY, France – Little change in the markets on Monday. We are in the middle of vacation season. Who wants to think too much about the stock market? Not us! Yesterday, Republican presidential candidate Donald Trump promised to reform the U.S. tax system. His proposals are nothing new – simplification, fewer brackets, eliminate loopholes for rich people. But he also targeted the “carried...

  The “Third Way” “Stealth, intrigue, subversion, and the deception of never calling socialism by its right name” – George Bernard Shaw The Brexit referendum has revealed the existence of a deep polarization in British politics. Apart from the public faces of the opposing campaigns, there were however also undisclosed parties with a vested interest which few people have heard about. And yet, they have been...