Author Archives: MN Gordon
The Big Money Mirage
To fill the gap between rising prices and stagnating wages, consumers have loaded themselves up with massive amounts of credit card debt. According to the latest consumer debt data from the Federal Reserve Bank of New York, Americans’ total credit card balance, as of the fourth quarter of 2025, is $1.28 trillion. That’s up from $1.23 trillion in Q3 2025 and is the highest balance since the New York Fed began tracking in 1999. Continue reading
Is Everything Contained in the Private Credit Market?
Don’t mind the sudden appearance of restrictive redemption gates or the aggressive marking down of distressed collateral by the big banks behind closed doors. There’s supposedly nothing to see here. Continue reading
Living Internationally
If you’ve ever pondered living internationally, suffered from intense episodes of wanderlust, dreamed of warm white sandy beaches and turquoise blue waters in January, or desired to escape from your present locale, then settle in. Adventure awaits you from the comfort of your trusty armchair. Continue reading
Jar Farming for Dummies
Starting a big war in the Middle East is much easier than stopping it. This is the lesson President Trump is now learning. Continue reading
