Guest Post by Kurt Schlichter The Burning Platform In my January 1, 2024, column entitled “Top Twenty Terrible Predictions for 2024,” I noted that, “Every year, I offer you my predictions for the coming trip around the Sun, and every year, I’m mostly wrong.” Back then, I predicted that “I think [2024] will be a disaster.” […]
The Burning Platform Guest Post by Martin Armstrong The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included a Ponzi Scheme that allowed the bondholder to swap them for the newer bonds, with superior terms, most of […]
The Burning Platform Guest Post by Kurt Schlichter Oh no, we are not going to forgive and forget. There is a time for forgiving, but it’s not now. If we’re going to forgive, we need to get something out of it and see some contrition. You don’t just give it away because you’re nice. But there […]
The Burning Platform by Administrator Guest Post by Nick Giambruno Four thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts. In ancient times, people often became hopelessly indebted to their creditors. As debts mounted, social unrest would boil over, threatening the stability of the entire ruling system. The rulers of […]