Monthly Archives: February 2016

Day of Reckoning Imminent

It all seems so systematic, arranged, and orderly.  Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. Roughly every 30 days the moon … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 6 Comments

Welcome to the New Dark Ages

The popular notion that the economy’s doing just fine is losing acceptance with each passing week.  Politicians, central bankers, brokers, and even the nightly news broadcasters can no longer pretend everything’s going according to script.  All at once, no one … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , , , | 3 Comments

Less than Zero

Just when we thought we’d seen it all the impossible happened.  Earlier this week the 10-year Japanese government bond slipped into negative.  Obviously, it took decades of heavy handed intervention into credit markets to pull off such a feat. On … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 1 Comment

China’s $6.6 Trillion Toxic Loan Problem

“As long as you’re green, you’re growing.  As soon as you’re ripe, you start to rot,” once remarked Ray Kroc, mastermind of the McDonald’s franchise empire. At the moment, no truer words can be spoken for China’s ripe economy.  The … Continue reading

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