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Category Archives: MN Gordon
The Long Run Economics of Debt Based Stimulus
Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, default, dollar, gold, john maynard keynes
4 Comments
Off the Beaten Path in Mesoamerica
There’s an endearing quality to a steadfast rooster call at the crack of dawn when overheard from a warm country farmhouse. There’s a reassuring charm that comes with the committed gallinaceous greeting of daybreak that’s particularly suited to a rural … Continue reading
Posted in Inflation, MN Gordon
Tagged central banking, colonia la malinche, mesoamerica, mexico city, peso
5 Comments
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
The Dow Speaks: “In Trump We Trust!”
The rewards of being the President, these days, are few and far between. Just ask President Trump. The work hours are terrible, the pay is far less than that of a corporate CEO, and you’re endlessly surrounded by shabby politicians. … Continue reading
Posted in MN Gordon, Stock Market
Tagged DOW, mania, president trump, S&P500, wall street panic
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