Return to the Pentagon

This post Return to the Pentagon appeared first on Daily Reckoning. In my 2011 book, Currency Wars, I gave a detailed description of the first-ever financial war game sponsored by the Department of Defense. This financial war game took place in 2009 at...

“Ice Nine” Comes to China

This post “Ice Nine” Comes to China appeared first on Daily Reckoning. The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinley, by th...

4 Secrets to Successful Relationships

This post 4 Secrets to Successful Relationships appeared first on Daily Reckoning. Divorce is expensive. On average, the cost of going through a divorce in the United States is around $20,000. I can think of a lot of ways to invest twenty grand that do...

America’s “Actual” GDP: The Shocking Truth

This post America’s “Actual” GDP: The Shocking Truth appeared first on Daily Reckoning. Saturday last we offended the pieties. We reckoned that democracies — being shortsighted — tend toward vast accumulations of debt. In response, reader Tom...