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Category Archives: Government Debt
March to Default
“May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt ceiling, default, dollar, treasuries
1 Comment
A 30 Year Mess in the Making
“We have assembled a best-in-class team of policy advisors to drive President Trump’s bold plan for job creation and economic growth.” Gary Cohn, Chief Economic Advisor to President Trump Promises of Slop The art and science of spending other people’s … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, david stockman, debt ceiling, deficit, steve mnuchin, william dudley
11 Comments
Smart Programs of Capital Destruction
These days everything must be smart. There are smart cities, smart grids, smart policies, smart TVs, smart cars, smartphones, smart watches, smart shoes, and smart glasses. There’s even something called smart underwear. Before long everything around us will be so … Continue reading
Posted in Government Debt, MN Gordon
Tagged charles evans, federal reserve, fiscal policy, smart policy, stimulus, william dudley
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The One Thing that Will Change Everything
“There are more things in heaven and Earth, Horatio, than are dreamt of in your philosophy.” – William Shakespeare, Hamlet Ticking Time Bomb The American populace counts down to Election Day with impatient intent. Will their party man occupy the … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, dr franz pick, interest rate, saving, treasuries
2 Comments