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Monthly Archives: December 2022
One Great Big Nasty Prediction for 2023
Welcome to 2023! The New Year’s edition of the Economic Prism is a place of wild conjecture and rough suppositions. A place where abstract thinking is celebrated. Imaginative cycle theories, deep metaphysics, fractal wave patterns, happy accidents, and amateur fortune tellers of all stripes are invited too. Continue reading
Posted in MN Gordon, Politics
Tagged 2023 predictions, petrodollar, taiwan invasion, vladimir putin, xi jinping
18 Comments
Your Government Hates You
The fact of the matter is that if you work hard, pay your own way, believe in free speech and traditional values, and fear God, your government – the dirty cadre of elites and insiders – hates you. There’s no other way to explain it. Continue reading
Posted in Government Debt, MN Gordon
Tagged $1.7 trillion omnibus, debt, default, saving, treasuries
34 Comments
The Do-Re-Mi of Treasury Notes
This week brought forth new data points for two of the world’s greatest economic contrivances. These data points are important not so much because they provide a truthful depiction of reality. But rather, because in today’s centrally planned economy they can be big movers and shakers for the stock and bond market. Continue reading
Posted in Government Debt, MN Gordon
Tagged do-re-mi, interest rate, recession, S&P500, treasuries, yield curve inversion
1 Comment
Have You Ever Raided Your Retirement Account?
According to Vanguard, more and more Americans need cash. And they need it quick. In fact, ‘hardship withdrawals’ from 401(k) accounts are at an all-time high. Which is not good. Continue reading
Posted in MN Gordon, Stock Market
Tagged 401K, credit card debt, emergency fund, retirement account, savings
5 Comments