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Author Archives: MN Gordon
13 Reckonings for America
One of the noteworthy features of the political climate in the USA is the lack of agreement on what the facts are – and how the economy should be allowed to function. Should it be a hands-off laissez-faire economy? Should there be more regulatory intervention? Continue reading
Posted in MN Gordon, Politics
Tagged alexander fraser tytler, collapse, consumer price index, debt, federal reserve
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Are You Unknowingly on a Suicide Mission?
The transfer of wealth from workers and savers to the government and the big banks rolled on this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention. Continue reading
The Zealous Pursuit of Retail Therapy
Something remarkable happened following the election of Donald Trump as the 47th President of the USA. The Dow Jones Industrial Average (DJIA) topped the 44,000-point barrier for the first time ever. Then, several weeks later, it briefly eclipsed 45,000. Continue reading
Posted in Business, MN Gordon
Tagged buy now pay later, christmas shopping, doom scrolling, doom spending, retail therapy
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The Choice
Sometimes things must get worse before they get better. Reducing deficit spending and eliminating government waste, for example, will initially have a negative impact on GDP and employment. Though, this is exactly what is needed to restore America’s economic health. Continue reading