Author Archives: MN Gordon
Good Riddance
High-risk investing is rewarded with higher returns when the financial tide is rising. The vast sea of liquidity hides the hazards and perils of a rock bottom reef. Madmen and lunatics get rich. But when the tide turns…watch out… “You … Continue reading
The Chinese Fiasco
The twilight receded into the vista of the glowing port lights. Docked container ships melded into the profusion of overhead cranes. Sporadic refinery flares overtook the final sparkles of dusk. The sun slipped beyond the far side of the Palos … Continue reading
Manna from Heaven
Modern day monetary policy’s something we disparage around here at the Economic Prism. Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society. That’s how we … Continue reading
All Bets Are Off
Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves. After that, they convulsed and dry heaved again and again. For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading
