The Lonely Realist
Political & Financial Commentary

The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.


In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps. 

  • “America’s treasury is bankrupt.” – The Lonely Realist As Herb Stein, Chairman of the Counsel of Economic Advisers under Presidents Nixon and Ford, famously said, “If something cannot go on forever, it will stop” – Stein’s Law. America’s combination of excessive spending, too-low taxes and...

  • “A deflating crypto bubble is now hemorrhaging from Ponzi punctures.” – The Lonely Realist In July’s “Crypto Reality,” TLR noted that although crypto was devised to be a transparent, democratic, de-centralized financial technology that would overcome the burdens of traditional finance and allow investors to safely...

  • “Although many pessimists hear echoes of the 1930s …, 2022 is not 1939.” – The Lonely Realist A TLR theme has been to highlight parallels between the Great Depression decade and the decade following the Global Financial Crisis (GFC). The former served as a prelude...

Subscribe to The Lonely Realist


More by TLR

The Incredible Shrinking U.S. Government?

“Could a decision by the Fifth Circuit radically shrink government?” – The Lonely Realist Yes. The Fifth Circuit Court of Appeals in New Orleans recently decided Jarkesy v. SEC, holding that the power and authority granted by Congress to the SEC is, essentially, unConstitutional. Your

Read More »

Subscribe to The Lonely Realist

One email, once per week. Unsubscribe anytime.

William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill’s opinions, have not been edited or reviewed, and do not reflect the views or opinions or any other person.