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Tag Archives: collapse
To Hell In A Bucket
“No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week. “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up. So, … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt, default, speed of light, speed of sound
15 Comments
How to Prepare for Another Market Face Pounding
“Markets make opinions,” goes the old Wall Street adage. Indeed, this sounds like a nifty thing to say. But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, forever bull market, goldilocks economy, risk, S&P500
8 Comments
Warnings from Mount Vesuvius
“Injustice, swift, erect, and unconfin’d, Sweeps the wide earth, and tramples o’er mankind” – Homer, The Iliad When Mount Vesuvius Blew Everything was just the way it was supposed to be in Pompeii on August 24, 79 A.D. The gods … Continue reading
Posted in MN Gordon, Stock Market
Tagged campi flegrei, collapse, DOW, mount vesuvius, pompeii
11 Comments