“The American brand of capitalism has been replaced by an American brand of socialism.” – The Lonely Realist TLR is a huge fan of laissez-faire capitalism, crediting it for America’s geopolitical preeminence, 200 years of wealth-creation and an ever-increasing American standard of living. Because America’s brand...
“We’ve had enough of Quantitative Tightening! It’s time for a pause.” – The Lonely Realist TLR last year ventured that Joe Biden and Jay Powell had engaged in political deal talk when they discussed Jay’s reappointment as Fed Chair. In exchange for that reappointment, one of...
“Donald Trump is a master of The Roy Cohn Defense. Will it continue to work for him?” – The Lonely Realist SPOILER ALERT: That would be a good bet. Roy Cohn was a famous New York lawyer who gained notoriety in the 1950s as lead counsel for...
“Will the 2020s be defined by recession, rising unemployment, crashing stock markets and instability?” – The Lonely Realist Cassandra believes so but, then, she’s a catastrophist. Unfortunately, she’s not alone. Nouriel Roubini – today’s “Doctor Doom” – is predicting that the world is at the very beginning...
Question: “What will Putin do next?” Answer: “Putin will continue to escalate. He has superior resources and options.” – The Lonely Realist Ukraine and Russia are wrestling back-and-forth in a test of resources and wills. That contest is unlikely to end in a stalemate, a ceasefire and...