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Tag Archives: collapse
Tending Towards Maximum Perversity
According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will—at the worst possible moment.” Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.” Continue reading
Posted in Government Debt, MN Gordon
Tagged bailouts, central planning, collapse, federal reserve, general motors
1 Comment
The Four Dimensions of the Fake Money Order
“If you don’t know where you’re going, any road will get you there,” is a quote that’s oft misattributed to Lewis Carrol. The fact that there’s ambiguity about who’s behind this quote on ambiguity seems fitting. Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, fake money, federal reserve, government meddling, jerome powell
3 Comments
The Ugly End of Globalization
About this time, something even more historic happened. Roughly one billion Chinese workers, who were willing to work for less than peanuts, joined the global workforce. As a result, the U.S. was able to export its inflation – and jobs – to China and other emerging economies over the next three decades. Continue reading
Posted in Inflation, MN Gordon
Tagged china, collapse, dow 27000, federal reserve, globalization
26 Comments
One Heck of a Reality Television Fight
Economic nationalism and the China bugaboo is shaping up to be one heck of a reality television fight. This is a cause that idiots on both sides can line up behind with gusto. Continue reading
Posted in MN Gordon, Politics
Tagged china, chinese president xi jinping, collapse, S&P500, trade war
14 Comments