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Tag Archives: collapse
The Big Government Show Must Go On
The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, currency, default, state of the union address
15 Comments
An Honest and Easy Solution to Wealth Inequality
Here we are, less than one month into the New Year, and absurdity levels have broken above 120 decibels. Society, it seems, has spun itself up to a fever pitch. The common culture is working towards a common freak-out. Continue reading
Posted in Business, MN Gordon
Tagged calvin coolidge, collapse, federal reserve, silent cal, wealth inequality
14 Comments
Kicking Xi Jinping While He’s Down
On a beautiful midsummer day, roughly six months ago, two distinguished men, of distinguished stature, crossed paths under precarious circumstances. They are very much alike, these two distinguished men. Continue reading
Posted in MN Gordon, Politics
Tagged chinese president xi jinping, collapse, president trump, ray dalio, trade war
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How Faux Capitalism Works in America
The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading