Llewellyn H. Rockwell Jr.'s Blog, page 2307

The Next Bear Market

This week’s dramatic stock market sell-off has raised concerns of an impending bear market, which, according to legendary investor Jim Rogers, will be more catastrophic than any other market downturn that he has lived through.

“When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime,” Rogers told Bloomberg.

According to the veteran investor, that will happen because even more debt has accumulated in the global economy since the fina...

Make Sports, Not War

Considering that a nuclear conflict over North Korea appeared imminent in recent weeks, the winter Olympics at Pyeongchang, South Korea, is a most welcome distraction – and might even deter a major war on the peninsula.

The highlight of the games was the arrival of Kim Yo-jong, the younger sister of North Korea’s ruler, Kim Jong-un. This was the first time a member of North Korea’s ruling Kim dynasty had come to South Korea. Her handshake with South Korea’s president, Moon Jae-in was a histor...

Hillary on the Fate of Women Under Climate Change

Women will “bear the brunt” of tasks ensuring survival when the effects of climate change bite, Hillary Clinton has warned.

Speaking at an event at Georgetown University in Washington, Ms Clinton criticised the US administration for its plans to take America out of the Paris Climate Change Agreement, urging students to put pressure on the Government.

Asked about the effect of climate change on women, Ms Clinton said: “I would say that particularly for women…  they will bear the brunt of looki...

What’s the Evil George Soros Worth?

HE became known as the man who “broke the Bank of England” and now he is backing a campaign to overturn Brexit.

Billionaire George Soros is one of three senior figures linked to the Remain-supporting campaign group Best for Britain, who want to lead a second referendum to keep Britain in the EU. We reveal all…

Who is George Soros?

The 87-year-old is a Hungarian-American investor who emigrated to England in 1947 from Nazi-occupied Hungary.

He attended the London School of Economics and started...

The Cure for Overpriced Cars

Imagine how different cars would be if people had to pay for them – as opposed to financing them.

Debt – which is what financing is – allows people to buy more car than they can afford. It hides the actual cost of the car. It enables the government to impose costs in the forms of mandates which would otherwise be unaffordable – and so, objectionable. People would complain in the one language the government understands.

They would not comply – because they could not buy.

This would put the bra...

Trump’s Nuclear Posture Review

The Pentagon’s official outline for its use of nuclear force was denounced as “radical” and “extreme” by prominent anti-nuclear weapons groups when it was released Friday afternoon—confirming peace advocates’ worst fears that the Trump administration would seek to expand the use of nuclear force.

“Who in their right mind thinks we should expand the list of scenarios in which we might launch nuclear weapons?” asked Peace Action in a statement. “Who let Dr. Strangelove write the Nuclear Posture...

If the US Doesn’t Stop Seeing Itself as the Sole Superpower

New sanctions loom in the US-Russia standoff — what does the spat mean for the world, and is there an end to it? We talked to Dr Mathew Burrows, the veteran CIA analyst and former National Intelligence Counselor.

Sophie Shevardnadze: Mathew Burrows, the CIA veteran analyst and the former National Intelligence Counselor, welcome to the show, it’s really great to have you on our programme. The world is no longer split in two any more like during the Cold War, and clearly the U.S. isn’t leading t...

Washington Is the Threat

When I look at news reports from whichever country, I see no awareness of the two most ominous developments in US history. One is the conspiracy between US security agencies, the US Department of Justice, the Democratic Party and the American print and TV media to overthrow the democratically elected president of the United States. With “Russiagate” we have been experiencing a coup against President Trump and American democracy. Although the Democrats’ Identity Politics cannot conceive of it,...

Getting the Culprits Right

I’ve just been looking at an interview by clinical psychologist and University of Toronto Professor Jordan Peterson dealing with postmodernism and the triumph of Marxism in Canada. In view of Peterson’s brave struggle against Political Correctness at the U of T (which my late wife attended in more tolerant times) I was ready to treat his venture into my own field (European intellectual history) with a certain indulgence, until I encountered this opinion:

Communism was not popularized in the W...

Centers of Barbarism

Reverting to Pictures…and Structures

Words cannot describe, indeed, words are no longer permitted to describe, the tragedy of American higher education.  From beacons of light, freedom of thought and expression, edification, and religion, our universities have become Centers of Barbarism.  Today, the untutored thought of the average garage mechanic is likely to be more liberal, more sincere, more unprejudiced than the snarky chit-chat of today’s illiberal colleges of arts, and I might even v...