Who caused the Crash of '29? What made the tech bubble blow up in 2000? Who's behind the huge run-up in prices in Shanghai in 2007?

What's the problem with selling private equity to the public?

Bill Bonner writes that the worldwide financial bubble is still alive.

Are there more bears still out there?

Today's headlines run in two contrary directions.

Bill Bonner has a feeling that the winds of financial climate change are blowing ill to the United States of America.

The idea of a credit meltdown is starting to hit the mainstream.

Americans spend more than they make, and the U.S. trade deficit is more than three-quarters of a trillion dollars annually. The dollar is, thus, effectively, America's I.O.U.

One of the comforting lies that people want to hear today is that rising asset prices are the throbbing pulse of an economy in good health.

Wealth and power are migrating from the West to the East. Growth rates are faster, taxes are lower and legacy costs barely exist.