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Monthly Archives: March 2012
Japan Will Take the World’s Breath Away, Part II
The National Bureau of Economic Research marks June 2009 as the end of the Great Recession. That means the United States economy has been in recovery for nearly three years. Semantically this is accurate…all the stimulus and monetary easing has … Continue reading
Japan Will Take the World’s Breath Away
Last Sunday, in Long Beach, California, the impossible happened…it rained for the second consecutive weekend. Just ask anyone who lives here. That never happens. We’re not complaining. Without the wet weather we would have never discovered the hole in the … Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of japan, currency, debt, default, john maynard keynes, yen
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Iran Says “Gold Is Money”
Iran Says “Gold Is Money” By Louis James, Casey Research Economic crises signal that the current system isn’t working as expected and needs improvement. When it comes to monetary systems, questioning their fundamentals can lead to doubts about whether the … Continue reading
Posted in Inflation, Louis James
Tagged currency, gold, government meddling, oil prices, war
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Titanic Myths and the End of Consumer Capitalism
Next month marks the 100-year anniversary of the Titanic’s star-crossed demise into the frigid waters of the North Atlantic Ocean. To commemorate the occasion, the April edition of National Geographic features a cover story on the grand ocean liner and … Continue reading
Posted in Economy, MN Gordon
Tagged 401K, consumer price index, debt, DOW, gas prices, labor department
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