Addison Wiggin / February 10, 2025
We don’t like tariffs. It seems like a relic from a simpler time, when America was what we would today call a “developing” nation. When internal industries needed some kind of support so they could be built up and stand amid giant industries out of Germany and the United Kingdom.
In modern times, the idea just doesn’t seem to make sense. Jim Rickards has another view…
Addison Wiggin / February 10, 2025
Tariffs are a double-edged sword. On the one hand, they can serve as a powerful negotiating tool, as President Donald Trump has pointed out. The U.S. economy is the largest in the world, and many countries rely on American consumers to buy their goods. The idea is that, by imposing tariffs, the U.S. can pressure trading partners into more favorable deals and protect domestic industries from unfair competition.
Addison Wiggin / February 9, 2025
I held off on writing about the “payoffs”-to-media story, for fear I might say too much. The betrayal I feel is almost too vast to express. It’s bad enough that I grew old in this business watching it break its own rules, screw up, and smear its best practitioners, many of whom were friends or mentors. Now, at a critical juncture, the smearers are playing victim.
It’s the last straw. The legacy press needs to be put out of its misery:
Addison Wiggin / February 8, 2025
Our founders intended for us to have a very small, very limited federal government. Instead, we have the largest and most bloated government in the entire history of the world. So we should all be glad that someone is finally attempting to get it under control. For far too long, ultra-powerful government agencies have been running around doing whatever they want and making our lives miserable in the process. Congress has been able to exercise very little control over these monstrosities, and their leaders had little fear of ever being held accountable for their actions. But thanks to Donald Trump and Elon Musk, a day of reckoning has arrived.
Addison Wiggin / February 7, 2025
The entire global financial system is at risk. Specifically, enthusiasm for AI stocks in U.S. markets is driving high-tech stocks. A collapse in those stocks could rival any bust we’ve seen — the .dotcom bust, the financial crisis of ‘08.
This week provided a cold glass of water in the drunken face of Wall Street… and some subtle opportunity if you know where to look.
Addison Wiggin / February 7, 2025
his is a scandal of epic proportions, and there is no way that these media outlets will ever recover from this because their credibility is totally gone.
What has been happening at Politico is particularly egregious.
It is supposed to be an independent media entity, but it has been receiving millions of our tax dollars.
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Lau Vegys / February 6, 2025
What this means is that if China restricts exports of key components (like rare earth elements or semiconductors), it won’t just hurt U.S. companies. Manufacturers in Europe, Japan, South Korea, and other regions that rely on these inputs would be affected too. Production delays, higher prices, and shortages across industries worldwide would soon follow.
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Addison Wiggin / February 6, 2025
The entire world is watching in horror as the crimes of the United States government under the Biden administration are being revealed by DOGE for all the world to see. Election interference, overthrowing governments, ruthless censorship of ideas, funding terrorism, funding abortion, targeting politicians for harrassment and promoting the exploitation of children are just some of the crimes against humanity that our government has been committing.
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Addison Wiggin / February 6, 2025
Protests for 50 days in 50 states might make for good video clips and grandstanding soundbites, but the real story streamlining, efficiency and cutting government spending are 100% necessary as the government coffers careen toward bankruptcy.
Yeah, the Trump playbook has a lot of bizarre media front and center. What’s really going behind the scenes is not only more interesting. It will produce a lot of “winners and losers” over the next two years… before the fickle populist pendulum swings into midterm elections.
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James Howard Kunstler / February 5, 2025
Concerning President Donald Trump’s executive order requiring new federal buildings to show a preference for “classical architectural style” which includes Neoclassical, Georgian, Federal, Greek Revival, Beaux-Arts, and Art Deco, referencing the architectural traditions of Greek and Roman antiquity. . .
From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive
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