At the present pace, over the next 10 years, the real value of America’s output will fall nearly in half. Measured in terms of output, Americans will be only half as wealthy as they are today.
Here’s the full interview with the great Doug Casey.
Life's twists and turns will take a person on journeys he would never imagine. A kid from rural Kansas growing up where people simply speak their minds, all the while lacking the fancy elocution offered by supposedly highly educated city folk, couldn't imagine a school of economics offered clearly and simply.
Long story, but my six-year-old son was asking me to explain gambling. I told him about how you go into a casino and give them money for chips. Then I was explaining Blackjack, and told him about betting $10 etc. on a hand. He stopped me and asked me to clarify. Was the person betting…
In July 2011, the Obama Administration rebuffed an administrative petition filed by a coalition of public interest organizations, including NORML, which sought to reassess cannabis’ Schedule I status under federal law. Yet little if any scientific basis exists to justify the federal government’s present prohibitive stance, and there is ample scientific and empirical evidence to…
Why anything you say can come back to haunt you, even if you are innocent.
Man shot for filming riot pigs.
The whole country of Georgia promptly fell into a drunken reenactment of Mad Max that is still going on today. Ha, just kidding! Instead of indulging in a nationwide game of bumper cars, everything went just fine — in fact, even better than normal. And we don't mean that the citizens held themselves together for…