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Monthly Archives: January 2025
Silent But Deadly
By his appearance, Jack Vale is a regular unassuming middle-aged man. He could be the guy in the flannel shirt that sells charcoal to you at your local hardware store. Offering tips on how to best smoke a Boston butt or a rack of St. Louis-style spare ribs. Continue reading
Posted in Government Debt, MN Gordon
Tagged chatgpt, deepseek, jack vale, openai, stargate
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Milei Returns to Davos
Over the last year, Milei has made good on his promise to take a chainsaw to government regulations, bureaucracy, and red tape. Moreover, his efforts are bearing fruit. Continue reading
Posted in MN Gordon, Politics
Tagged argentina, davos, javier milei, wef 2025, world economic forum
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Bessent Enters the Meat Grinder
Scott Bessent should have kept his mouth shut. He also should have kept his money in his pocket. The billionaire had a good thing going. He was leading a charmed life managing his hedge fund Key Square Group and preserving historic pink mansions in Charleston with his husband and their kids. But that was before he threw his money and support behind Donald Trump’s election campaign. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, dollar, janet yellen, scott bessent, treasury secretary
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Rational Despair
The first full week of 2025 is coming to an end. And the final days of President Biden’s time in office cannot come soon enough. After four years of mega deficits and mega meddling, the economy and stock market have been crudely distorted. They’re both bloated to the max. Continue reading
Posted in MN Gordon, Stock Market
Tagged alan greenspan, bubble, collapse, irrational exuberance, priced to perfection
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