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Blessed are the young for they shall inherit the national debt.
- Herbert Hoover


6/22/2018
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
6/22/2018
Trump threatens 20% tariff on all car imports from the EU
In Trump's previous life, he was probably Nero.  full article...
6/22/2018
World stocks have worst week in 3 months because of trade concerns



 full article...
6/22/2018
Trade wars: EU slaps revenge tariffs on US, tension rattles markets



 full article...
6/22/2018
Chinese tariff list translated, 545 items: US farmers and automakers clobbered
No one wins a trade war. Especially not the states that voted for Trump. You get who you vote for.  full article...
6/22/2018
China has a nuclear option in the trade war
It’s going to get nasty.  full article...
6/22/2018
A rate hike by the BoE is possible later this year
Interest rates are rising. Asset prices will fall.


 full article...
6/22/2018
MetLife, Brighthouse sued for $500 million over missing pensions
The real purpose of insurance companies is to insure their own profits.  full article...
6/22/2018
Skepticism and optimism greets news of Greek debt plan



 full article...
6/22/2018
OPEC to boost oil production by 600,000 barrels a day



 full article...
6/22/2018
Bitcoin hits lowest level of the year
The bitcoin bubble burst. Who’d a thought.


 full article...
6/22/2018
Hackers walk away with 32 million in crypto-heist



 full article...
6/22/2018
Did a rain gauge really record 1.75 inches a minute in flash flooding?
The amount of rainfall was a one in a thousand year event. Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.  full article...
6/22/2018
Parts of Texas submerged after heavy rain triggers flash floods
The earth changes are here.


 full article...
6/22/2018
Fiery torrent of fast-moving lava flows from Hawaii’s Kilauea volcano
The earth changes are here.


 full article...
6/22/2018
Heavy rain batters China’s Guizhou Province
The earth changes are here.


 full article...
6/22/2018
Low inflation: Japan’s May data shows BOJ stimulus barely moving price dial
Low inflation is a code-word for a deflationary collapse. Japan hasn’t recovered from the collapse of its Nikkei stock bubble in 1990. It never will.  full article...
6/22/2018
China stocks poised for bear market on trade and growth jitters
Trump brings an end to global growth.  full article...
6/22/2018
Asian shares fall to 2018 low



 full article...
6/19/2018
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
6/19/2018
Dow falls 300 points as trade war fears escalate
No surprise here.  full article...
6/19/2018
Trump threatens China with even more tariffs
In 1930, US trade tariffs pushed the world into the Great Depression. It’s happening again.


 full article...
6/19/2018
Soybean prices plunge to nine-year low on US-China trade fears
China hits back at Trump supporters. American soybean exports could drop 18%.  full article...
6/19/2018
China’s tariff’s on US oil set to stifle a $1 billion monthly business
Trump says trade wars are easy to win. No one wins a trade war. Just watch.


 full article...
6/19/2018
Tariff threats and OPEC rhetoric push oil prices down
Price-fixing is not as easy as it looks.  full article...
6/19/2018
Russia cuts Treasury holdings in half as foreigners start losing appetite for US debt
Trump’s begging bowl may go empty as foreign governments respond in kind.  full article...

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DARRYL ROBERT SCHOON: Coming Soon - the Worst Collapse of Our Lifetime
The resolution of the 300-year old ponzi-scheme of credit and debt is almost here. The end, however, is the beginning of something far better.  full article...


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See the best of our archived alerts under Classic Alerts.


Rethinking the Dollar: Interview with D.R. Schoon - "We Are Heading For A $hit Storm"
In this June 14, 2018 interview, I discuss the context and current state of the US and global economy.


 full article...


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Investor fear & greed



Rolling Stone: Matt Taibbi – Trump’s family separation scandal has revealed every species of hypocrite
Those who fueled the flames of anti-immigration now oppose what they created. Worthy of thought and reflection.  

full article...
Jim Rickards: A new global debt crisis has begun
This could be one for the ages. Worthy of thought and reflection.  

full article...
David Stockman: “Donald Trump is an ignoramus on trade. He has no idea what he’s doing.’
Trump knows more than anyone, at least that's what he says. Some still believe him. Worthy of thought and reflection.


 

full article...


Trevor Noah: So much news, so little time – Melania’s jacket & Charlottesville Nazis return




full article...


‘This dud has all the tapes’: Tom Arnold says he and Michael Cohen are teaming up to take down Trump
Who’d a thought.  full article...
Grandmother of migrant child heard on audio speaks out
America has lost its moral compass. These are dark times.


 full article...
Protesters heckle Homeland Security Chief as she dines at Mexican restaurant



 full article...


‘Across The Border’ by Emmy Lou Harris and Linda Rondstadt





full article...


Dollars & Sense, Show 33, The 1%, Fear and the Democratic Process

The 1% keeps control by scaring the 99% into believing change is dangerous. Change is dangerous to the 1% who benefit by the present system. Credit benefits those closest to credit and disadvantages the indebted. This is the strategy of the 1%. So far, it's been a winning strategy.



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

Waiting for Godot

New Austrian School of Economics

The original title for this article was Timing Hyperinflation with an overlong subtitle The Saga of Unraveling Global Fiat Money Issued on the Strength of Irredeemable Promises of Governments. On second thought I changed it for fear of turning off serious readers suspecting that it was written by a prankster to be released on next April Fool's Day. So the new title Waiting for Godot stands.It obviously calls for an explanation. full article...

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