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Monthly Archives: August 2018
The Degrading Facts of a Fake Money Hole in the Head
Today we begin with the facts. But not just the facts; the facts of the facts. We want to better understand just what it is that’s provoking today’s ludicrous world. To clarify, we’re not after the cold hard facts; those … Continue reading
Posted in Economy, MN Gordon
Tagged bretton woods, debt, default, fake money, trepanning, tricky dick nixon
1 Comment
As the Credit Cycle Turns
A rising stock market has the illusory effect of masking the economy’s warts and blemishes. Who cares if incomes are stagnant when everyone’s getting rich off stocks? Certainly, winning wealth via the stock market beats working for it. Without question, … Continue reading
Posted in Government Debt, MN Gordon
Tagged algorithm, emerging market debt, long term capital management, myron scholes, robert merton
1 Comment
The Fake Promise of Adult Day Care
The sun always shines brightest in the northern hemisphere during summer’s dog days. Here in America, from sea to shining sea, the nation burns hot. But, all the while, cold dark clouds have descended over the land of the free. … Continue reading
Posted in MN Gordon, Politics
Tagged alexandria ocasio-cortez, bernie sanders, failure, mark warner, war on free speech
2 Comments
How the Global Trade Contraction Begins
The world grows increasingly at odds with itself, with each passing day. Divided special elections. Speech censorship by Silicon Valley social media companies. Increased shrieking from Anderson Cooper. You name it, a great pileup’s upon us. From our perch overlooking … Continue reading
Posted in MN Gordon, Politics
Tagged cma cgm benjamin franklin, gerald desmond bridge, peak pegasus, port of long beach, trade war
1 Comment