The biggest default in history

The left and the right have more in common than in dispute, says Bill Bonner.

When things are going well, people vote for the status quo.

When they are not doing so well, they move farther out on the political spectrum. In France, a couple of years ago, both Mlenchon on the far left and Le Pen on the far right were considered "politically dead". Now, a few years of crisis have brought them both back to life.

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