bill bonner always has a bit of sarcasm about him and his essays, such as this one about our money problems;

As we all know, the US is headed for a fiscal crisis. Like having a ‘heart attack,’ says Ray Dalio.

The only way to prevent it is to make dramatic policy changes now — not just to ‘improper payments’ to federal bureaucrats, but also serious cuts to the firepower industry.

Possible? Here’s Barrons:

Trump Sends Shockwave Through Defense Stocks, Says Military Spending Could Be Halved

“At some point, when things settle down, I’m going to meet with China and I’m going to meet with Russia, in particular those two, and I’m going to say there’s no reason for us to be spending almost $1 trillion on the military … and I’m going to say we can spend this on other things,” Trump said.

But here’s Congress:

House Republicans on Tuesday revealed a budget resolution that would add $100 billion in defense funding, one-third less than the Senate blueprint which would raise defense spending by $150 billion.

Asked about the latest Senate budget proposal, Sen. Rand Paul said:

“I don’t think the numbers are real.”

What follows is a look at how unreal the feds’ world… and their numbers… really are.

News came yesterday that a dozen eggs now cost nearly $5. US News:

US eggs prices hit a record high of $4.95 and are likely to keep climbing

The latest monthly consumer price index showed that the average price of a dozen Grade A eggs in U.S. cities reached $4.95 in January, eclipsing the previous record of $4.82 set two years earlier and more than double the low of $2.04 that was recorded in August 2023.......more.......