“The ‘Permabear interview’ is a challenge to Cassandra’s 2025 predictions.” – The Lonely Realist A year ago, Cassandra predicted that “the Fed will continue to follow an easing path and, although it will use tough-talk to temper over-exuberance, it will not tolerate a recession. With inflation...
“Voters expect change…, and change they will get.” – The Lonely Realist 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 power by greatly expanding the prerogatives of America’s Executive:...
"The only difference between death and taxes is that death doesn't get worse every time Congress meets.” – Will Rogers “This time can be different.” – The Lonely Realist President-elect Trump has a unique opportunity to magnify his historic election victory by reforming dramatically improving America’s tax system...
“Life is a competition between predators and prey.” – The Lonely Realist Whether in the animal kingdom or geopolitics, you’re either a predator … or you’re dinner. Which one is America? TLR earlier this month wrote that Americans feel overwhelmed by wars and the potential for wars....
“Last week it was immigration. This week, inflation.” – The Lonely Realist Is inflation coming baaaaack? As TLR wrote last week, “everybody’s distraught. No one likes the way things are going. Many are overwhelmed by immigration, inflation…, etc.” What does it mean to be overwhelmed by inflation? “Inflation”...