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Tag Archives: collapse
What Will People Do?
Treasury Secretary Janet Yellen is a woman of letters. We like this about her. Because, like us, in a world of text snippets, tweets, and animated gifs, she finds the traditional exchange of letters to be most civilized. Continue reading
Posted in Government Debt, MN Gordon Tagged artifacts of failure, collapse, congress, debt ceiling, janet yellen 1 Comment
Bondage Is Cruel
Did you know that San Francisco’s recently completed 1.7-mile Central Subway cost $1.95 billion? That amounts to over $217,400 per foot. On a per inch basis, this is over $18,000. Continue reading
Posted in MN Gordon, Politics Tagged collapse, default, government grift, public pension funds, taxes 4 Comments
Are You the Collateral Damage of Central Planners?
The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States. The findings were a giant bummer. In December, the LEI dropped for the tenth consecutive month. Continue reading
Posted in MN Gordon, Politics Tagged business cycle, central planning, collapse, debt, federal reserve 25 Comments
Are You Prepared for a Hard Landing?
How will the economy react to interest rates that remain relatively higher for longer? By this, the idea that there will be a soft landing seems highly unlikely. The economy, after decades of ultra-low interest rates, is not equipped to easily accommodate a sustained period of relatively higher interest rates. Continue reading
Posted in MN Gordon, Stock Market Tagged collapse, debt, dollar, federal reserve, hard landing, S&P500 13 Comments