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Monthly Archives: May 2012
The Greatest Show On Earth
Things are getting interesting. Last week, for instance, markets offered up both a rich comedy and tragedy above any story a Hollywood screenwriter could imagine. The comedy, of course, was the Facebook IPO flop. The tragedy, fittingly, was courtesy of … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, debt, debt ceiling, euro, european central bank, GDP
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Why the End of Uruguayan-Argentinian Bank Secrecy is Good News for Expats
Why the End of Uruguayan-Argentinian Bank Secrecy is Good News for Expats By International Man Uruguay Ends Bank Secrecy with Argentina and That’s Good News for Expats! After months of negotiations, Uruguay capitulated to OECD and Argentine demands to end … Continue reading
How Presidential Elections Are Won
The notion that Americans are a dense apathetic people, with no thought above reality television, is a favorite grievance of social critics and slanderers alike. Yet, it has, in fact, only some reasonable basis. The truth is that Americans, as … Continue reading
The Fate of Markets
How quickly things change. Several weeks ago stock market investors were riding high. On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading
Posted in Government Debt, MN Gordon
Tagged currency, debt, debt ceiling, dollar, DOW, federal reserve, interest rate, monetizing debt, treasuries
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