What Is Real Wealth?

What Is Real Wealth? by Charles Hugh Smith – Of Two Minds As for acquiring capital–the most important types of capital don’t require much money. What is real wealth? Money, right? Currency, gold, quatloos, you name it.Money is real wealth...

The Absurdities Mount

The Absurdities Mount This is your site. Support it. Paul Craig Roberts As I predicted, the erasing of American history will not be limited to Confederate monuments. Last week a member of the board of trustees of the Dallas, Texas,...

Defense Contractors on Cloud 9

Defense Contractors on Cloud 9 by Wolf Richter – Wolf Street The backdrop: Money. More than ever before.  The Senate is expected to pass by a wide margin a $700-billion defense bill today. When it comes to extravagant military spending,...