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Category Archives: Economy
Buckle Up for Economic Destruction
The idea that the economy will quickly rebound and everything will be back to normal as soon as the shelter in place orders are lifted is pure fantasy. The fact is we’re all so screwed at this very moment we’ve yet to realize just how screwed we are. Continue reading
Posted in Economy, MN Gordon
Tagged carl icahn, cvr energy, free markets, gavin newsom, government shutdown
1 Comment
Will Everything be Awesome for SoFi Stadium?
The property adjacent to the northeast intersection of South Prairie Avenue and Century Boulevard, in Inglewood, California, has undergone a staggering facelift over the last three years. The former Hollywood Park Racetrack was demolished and regraded. SoFi Stadium, at a price tag of $5 billion, is being constructed in its place. Continue reading
Posted in Economy, MN Gordon
Tagged bailout, bill gates, coronavirus, dollar, sofi stadium, taylor swift
3 Comments
The Upside of The Great Depression of the 2020s
The monster of all monsters is rampaging far and wide. The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, is going big. But its aim is small. Continue reading
Posted in Economy, MN Gordon
Tagged cares act, fima repo facility, honest banking, infinite cash, the great depression of the 2020s
9 Comments
Boeing’s Bean Counter Culture and Mass Financialization
The demise of Boeing culminated in late-2018 and early-2019 when the company’s revamped 737, the 737 MAX, suffered two systems malfunction induced crashes. This prompted aviation authorities around the world to ground the 737 MAX. Continue reading
Posted in Economy, MN Gordon
Tagged bailout, bean counter, boeing, coronavirus, william boeing
4 Comments
