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.

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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.

  • “The only difference between death and taxes is that death doesn’t get worse every time Congress meets.” – Will RogersLoading the Elevenlabs Text to Speech AudioNative Player... The American government is running a $2 trillion annual deficit. Perfunctory efforts at budget cutting, whether by DOGE...

  • Consistent with any number of TLR commentaries over the past 7 years, including the recent “What ‘America First’ Means to Allies and Enemies” and “Will the Dollar Surrender its Reserve Currency Crown?,” Ray Dalio this week provided a China-centric perspective (“The Tribute System: The New World...

  • “It’s about ‘Fortress America’…, and much more.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... Hypothesis: Both Donald Trump and Xi Jinping understand that the Thucydides Trap would represent a disastrous outcome for each country. President Trump appreciates that a Thucydides outcome...

  • “Because Strategy, Inc. is a significant investor in Bitcoin, Bitcoin’s price is being adversely affected by Strategy, Inc.’s price.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... TLR wrote in December 2021 about “Bitcon,” using a label intended to highlight what at...

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More by TLR

Trumpian Disruptions

“Voters expect change…, and change they will get.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… There are any number of ways in which the incoming Trump Administration will disrupt the status quo. Presidential Power. Domestically, Donald Trump will transform Federalism Federal

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The Fed Rate Hike & GDP: A New Great Recession?

“This week’s Fed Rate Hike and negative GDP report provide recession grist for would-be oracles, but don’t bet-the-farm on alleged experts’ conjectures. No one can predict the future.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… Those who assert their ability to

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The Failure of American Foreign Policy

Historians eagerly highlight the foreign policy strategies pursued by the overtly hawkish Reagan Administration, a strategy of “peace through strength.”  As described in “Speak Softly and Carry a Big Stick” in the March 27, 2019 TLR, Reagan adopted a set of muscular U.S. policies that

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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.