Guest Post by Bill Bonner
POITOU, FRANCE – It was a slow week, interrupted by the Fourth of July holiday.
Stocks bounced around a bit, going nowhere special. Even the Trump Show had been relatively calm, with no new ratings boosts.
Rumors of a deal on auto import taxes helped buoy up stock prices yesterday. Electric car maker Tesla’s share price was falling; rumor has it that Elon Musk is running out of time and money.
And bitcoin seemed to be recovering a bit.
But this morning, at 12:01 a.m., the shooting began. Donald Trump started his latest war. Bloomberg:
“China Warns: U.S. has started biggest trade war in history.”
Remember, “war is the health of the [Deep] state.” This will be no exception.
Continue reading “Scott Pruitt’s Real Crime”
