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Monthly Archives: July 2012
Why Chimpanzees Throw Poop at Zoo Gawkers
Can you believe it? The 2012 fiscal year budget deficit is on track to eclipse $1 trillion a year for the fourth year in a row… According to the Treasury Department, “through the first nine months of the budget year, … Continue reading
Posted in Inflation, MN Gordon
Tagged congress, currency, debt, gold, john maynard keynes
3 Comments
The Wrath of Ray Kroc
If you’re concerned the economy may be slipping back into a recession…guess what? We’re already in one. At least that’s what Lakshman Achuthan, Co-Founder & Chief Operations Officer of Economic Cycle Research Institute (ECRI), told Bloomberg TV on Tuesday. “What … Continue reading
Posted in Economy, MN Gordon
Tagged bankruptcy, default, ray kroc, recession, san bernardino
2 Comments
How to Invest in a Declining Economy
Despite enormous monetary and fiscal stimulus efforts, the world economy continues to trudge along like a weary pack mule. Most European countries are in recession, the United States is growing at just 1.9 percent, and, from what we gather, China’s … Continue reading
Posted in MN Gordon, Stock Market
Tagged 401K, china, jobs, labor department, retirement, S&P500
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Rigging the Price of Money on a Grand Scale
Some people earn their money by honest means. Others do so at the expense of one another. If you borrowed money from a bank between 2005 and 2009 to buy a house or car, to pay for school, or if … Continue reading