What Do "Capitalism" And "Socialism" Really Mean?

Ask a socialist critic of capitalism how to define capitalism and you will probably receive an incoherent answer. Defining these ways of social organization is vital and understanding them is even more important...



Zerohedge store image

Druckenmiller Warning: The Bond Market Already Priced It

...while mainstream media was busy making headlines, the argument was lost.... Druckenmiller did not forecast a debt crisis, nor pitch a trade... a credible plan on the deficit would do more for the long bond than any buyback.