Free Republic

Was Trump right (again) after all? In August 2019, President Trump was ridiculed for reportedly expressing an interest in buying Greenland “Greenland is a strategic place… they’ve got a lot of valuable minerals,” he explained in August 2019, and he was right: Danish surveys have found that the owner of the island would stake a claim to around 900,000 sq km of the continental shelf in the Arctic Ocean. As we noted at the time, there is also – not surprisingly – a race for supremacy with China over the island’s future. So far, Washington has prevented Beijing from financing...

Any of the government’s efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the U.S. Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week. “I think we were past that point very early on because you’d have to shut down the Internet,” Peirce said, adding, “I don’t see how you could ban it. You could certainly make the effort. It would be very hard to stop people from [trading Bitcoin]. So I think it would be a foolish thing for the government to try to do that.”The...

Ray Dalio turned to class and power struggles in the latest installment of his ongoing series on the changing world order, wondering if the U.S. is at a tipping point that could move it from what he says is “manageable” tension to a full-blown revolution. “People and politicians are now at each other’s throats to a degree greater than at any time in my 71 years,” Dalio wrote in the essay published on LinkedIn, noting that disorder is rising in a number of countries. “How the U.S. handles its disorder will have profound implications for Americans, others around the world,...

Has a trade war started? The stock market doesn’t suggest that a full-scale trade fight between China and the U.S. has erupted, but a tweet from Ray Dalio, founder of hedge fund Bridgewater Associates, implies otherwise. Friday afternoon, Dalio tweeted: “Today is the first day of the war with China.” Today is the first day of the war with China. — Ray Dalio (@RayDalio) July 6, 2018 The tweet from the founder of the world’s largest hedge fund, which manages some $160 billion, comes after the U.S. slapped levies on $34 billion of 25% on China’s exports at midnight, and...

Tyler DurdenJanuary 3, 2017 Ray Dalio, founder of Bridgewater - the world's largest hedge fund, has "been reflecting for quite a while on the destructive effects that fake and distorted media are having on our society’s well-being," but it appears a recent Wall Street Journal article about his fund - full of intentional distortions, appears to have pushed the billionaire over the edge at just "how destructive and widespread these 'fake' and 'distorted' agendas are." Ironically, by slamming the WSJ, a shining beacon of the supposedly "non-fake news", as a representative of just that (for his personal reasons), Dalio has...

Ray Dalio, the founder of Bridgewater Associates, the world's biggest hedge fund firm, says people should expect a major shift under President-elect Donald Trump. "Regarding economics, if you haven’t read Ayn Rand lately, I suggest that you do as her books pretty well capture the mindset," he wrote in a LinkedIn post on Monday. "This new administration hates weak, unproductive, socialist people and policies, and it admires strong, can-do, profit makers." The post continued: "It wants to, and probably will, shift the environment from one that makes profit makers villains with limited power to one that makes them heroes with...

The Intelligence Community Goes to War with the Obama Administration Noah Rothman | @noahcrothman 09.10.2015 - 12:30 PM By the middle of his second term in office, the intelligence community was said to be in full revolt against George W. Bush’s administration. “The policy was set. The war in Iraq was coming, and they were looking for intelligence to fit into the policy,” said Tyler Drumheller, a former CIA officer in Europe, in a 2006 interview with “60 Minutes.” He alleged that the White House “chose to ignore” information related to Iraq’s WMD program in the run-up to war that...