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Monthly Archives: November 2012
Jump!
“If we right away say 98 percent of Americans are not going to see their taxes go up – 97 percent of small businesses are not going to see their taxes go up,” said President Obama on Wednesday. “If we … Continue reading
Posted in Government Debt, MN Gordon
Tagged bubble, collapse, congress, currency, debt, default, dollar
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The Temporary Madness of an Ugly Mathematics World
There are obvious contradictions in government finance that are both shocking and absurd. There are opposing forces colliding before us with consequences hardly a soul can escape. To sum up the plot, there’s the soft delusion of prosperity through public … Continue reading
Get Me Out
Following Tuesday’s election we offer one word of advice: Panic! Not just because Obama was reelected – that’s just one reason. But because, as John Embry, chief investment strategist at Sprott Asset Management notes, 2013 could be “one of the … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, currency, default, federal reserve, velocity of money
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Economic Dependency and Looming Disaster
By the end of the day we should all know the winner of the 2012 Presidential Election. Of course, there’s always the possibility that it’s too close to call. Perhaps a recount of dangling, hanging, dimpled, and pregnant chads will … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, bubble, collapse, crash, currency, federal reserve, QE3
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