Tax the Rich

Weak Dollar


Print an Escape?


Libertarian Views

Lacalle generally has a Libertarian view. So do I.


That does not mean I agree with all of his posts. We strongly disagreed over Catalonia. I favored the separatists. Lacalle, from Spain did not. I agreed with him that the socialist views of the separatists were flawed, and the same applied to Greece.

Yet, the correct Libertarian view is anti-state.

I hold no grudges as I voted for Trump even though he is far removed from being a Libertarian. It was the lesser of two evils. I suspect Lacalle made a similar judgement.

Missing the Boat

Occasionally, Lacalle misses the boat. Here is a Tweet that explains.

It is a huge flaw of Twitter that I cannot track my own replies.

I responded with this: Velocity of Money Picks Up: Inflation Coming? Stagflation? How About Deflation?

My point is to not disparage anyone, but rather to point out that it is impossible to find someone with whom you agree all of the time.

I assure you that I do not agree with myself all of the time.

If you are looking for someone economically intelligent to follow, @dlacalle_IA is one of my top choices.

Mike "Mish" Shedlock

Consumer Sentiment is Down, But What Does That Really Mean?

"One of the worst readings ever” and a big recession signal said bond guru Jeffrey Gundlach. David Rosenberg agrees.

Progressive Battle Cry: Tax the Rich! Tax the Rich! How's it Working Out?

New York's projected income tax is $2.3 billion short of estimates. Governor Cuomo cited a need for more taxes.

Brexit Fictional Politics: What's Really on Macron's Mind?

There are only two places I have seen that are willing to say France may offer a short or conditional extension.

Tax Reform or Tax Perversion?

The Senate Republican tax bill is now so bastardized one cannot properly call it "reform." I propose starting all over.

Facebook's CEO Promotes "Group Living Rooms": What's Zuckerberg Really After?

Zuckerberg is promoting private rooms. What's the real reason?

What "Winning" in Afghanistan Really Looks Like

"By the end of next year, the war in Afghanistan will be over."

Tweets of the Day: Chips Dive, Leveraged Loan Risk, Corbyn Mocks Troops, More

Let's take a look at Tweets from some of my favorite Twitter posters.

QE Debate: What Did Powell Mean by "Need to Resume Balance Sheet Growth"?

Some interpreted Powell's statement to mean more QE. There's a strong clue Powell meant something else. OK, but ....

Brexit Collusion Between France and UK? What Really Happened?

A reader asks if there was collusion between French President Emmanuel Macron and UK Prime Minister Boris Johnson.