Tag Archives: bubble

Credit Contraction Episodes

Taking the path of least resistance doesn’t always lead to places worth going.  In fact, it often leads to places that are better to avoid.  Repeatedly skipping work to sleep in and living off credit cards will eventually lead to … Continue reading

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Earthquake Economics

“The United States of America, right now, has the strongest, most durable economy in the world,” said President Obama, in his State of the Union address, on Tuesday night.  What performance metrics he based his assertion on is unclear.  But … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

China’s Spectacular Reckoning

Change is constant.  You can count on it.  Earlier this week, for instance, it was revealed that China’s economy is growing at just 7 percent annually.  The Middle Kingdom’s GDP hasn’t been this slow since 2009…during the midst of the … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , | 1 Comment

What Comes After the Boom

Last week Fed Chair Janet Yellen opted to keep the Fed’s zero interest rate policy in place.  Wall Street cheered the news and bid stock prices up to near record levels.  After more than six years, and over $3 trillion … Continue reading

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