By Maria Bonaventura, Managing Editor, Bill Bonner’s Diary “There is no magic money tree,” said then-British prime minister Theresa May in 2017. But what if she was wrong? In today’s modern economy, anything is possible. All it takes is courage… and the political willpower… At least, that’s the popular delusion now gripping America’s powerful. The crackpot economists at the Federal Reserve believe it. POTUS is enraptured by it (“Give me some of that money,” he says). But this week, Bill shows us why he isn’t buying it… Regards, Maria Bonaventura Managing Editor, Bill Bonner’s Diary | Shaking the Magic Money Tree Modern technology seems to work. So maybe modern economics does, too? Reluctantly, Bill explores that possibility on Monday. And, taking it a step further, he wonders: What if, in this modern economy, a “magic money tree” really does exist? | | | Rev Up the Chainsaw, Search the Woods From central bankers to America’s president, everyone believes they can find the magic money tree if they just look hard enough. But as our editor points out, it sounds too good to be true. And history is on his side… | | | We’re the Turkeys, Not the Farmers On the day before Thanksgiving, Bill reminds us there’s a downside to being a turkey… And it offers a powerful lesson for anyone invested in the stock markets. | | | Thanksgiving: A Unified National Myth As we fire up the ovens for Thanksgiving, Bill shares some little-known details around the American holiday – from dour Puritans… to Thanksgiving during the Civil War… and even Americans making pumpkin pie in Paris… | | | The Biggest Medical Revolution Since Antibiotics On Friday, longtime colleague and tech expert Jeff Brown shares an urgent message. Jeff uncovered an opportunity that could help us live into our hundreds, improve our quality of life, and make you a lot of money as an investor – if you get in before an announcement happening in the next few weeks… | | | Why I Don’t Try to Be a “Master of the Universe” Anymore In this weekend edition, we turn to Larry Benedict, a former $1 billion hedge fund manager. Unlike Bill, Larry trades every day for fast, short-term gains. For readers interested in giving trading a chance, Larry offers a crucial piece of advice from his 35 years of success in the trading pits… | | Like what you’re reading? Send your thoughts to feedback@bonnerandpartners.com. Recommended Links | The Real Reason President Trump Wants to Buy Greenland The media thought President Trump was joking when he said he wanted to buy Greenland.
He wasn’t.
So why would he want the U.S. to buy the world’s largest island? Some said it was thanks to Greenland’s strategic value as a military and shipping asset.
But the managing director of the Polar Research and Policy Initiative had another explanation…
And it has to do with a $2.7 trillion 5G “prize” President Trump is determined to win.
There’s a lot at stake for every U.S. citizen. And for investors, it’s all pointing to a potentially historic moneymaker. Get the details here. | | - | | |
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