INSANITY: Banks are now paying people to take out mortgages

From Bill Bonner, Chairman, Bonner & Partners:

GUALFIN, Argentina – Tuesday evening, we went to the main opera house in Buenos Aires, the Teatro Colón, to see Mozart’s Don Giovanni.

On our way over, our taxi driver told us that Luciano Pavarotti rated it the second-best opera house in the world (after La Scala in Milan).

Your editor’s wife has a tendency to try to improve him culturally by insisting that they go to museums, ballets, concerts, plays, or operas together.

Your editor goes along with good grace but has a tendency to fall asleep. But the story (better known as Don Juan)… the theatre… and Mozart’s music were all so magnificent that our eyes and ears remained wide open.

Curiouser and Curiouser!

Don Giovanni is a wicked cad. He seduces hundreds of women all over Europe. And two women succumb to his charms, on stage.

Two couples are put to the…

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