The big trend for the US stock market is probably down. Why?

Most people don't have any money. If you want to have money, it stands to reason that you have to do things differently.

The right direction is to let the accumulated wisdom of willing buyers and sellers figure out what things are worth, let them destroy those that are worthless, and raise up those that have real value.

Bill Bonner's guess is that the great men of finance won’t be able to solve Europe’s debt problems.

What statistics about the poor with astound us?

While US policy makers are terrified of another Great Depression, Germany's officialdom is afraid of hyperinflation.

Major industries -- finance, health, education and defense -- have been taken over by zombies, parasites whose real interest is to transfer wealth to themselves, from the part of the economy that remains productive.

The markets continue trying to discover what things are worth. With so many things in motion, so much fog and so much doubt, they're having a hard time.

The financial bailout zombified much of the economy. Businesses that should have closed their doors were able to keep the lights on.

Few people really like capitalism -- even people who call themselves capitalists.