Category Archives: MN Gordon
Looming Greek Default is the IMF’s Problem
One of the more bewildering and frustrating things about life is that you rarely get what you expect. You set out and strive for a certain goal with all the excitement and energy of a child. You may think you’re … Continue reading
Lost in Transmission
On Wednesday, Federal Reserve Chair Janet Yellen offered several insights into what she wants you to believe she’s doing. For starters, she wants you to think that, definitely maybe, she will raise rates soon. But not too soon. And certainly … Continue reading
Going Boldly from Decent to Indecent
Zimbabwe officially retired the Zimbabwe dollar last Saturday. This marked the end of a devastating monetary experiment that shattered the country and pushed all accrued wealth beyond its borders. The country will be picking up the pieces of what little … Continue reading
Riding the Waves
Something practically impossible happened on Tuesday. It rained in Los Angeles in June. Not a lot…less than a tenth of an inch. But it was enough for us to discover we had a hole in the bottom of our shoe … Continue reading
