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Tag Archives: collapse
All Bets Are Off
Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves. After that, they convulsed and dry heaved again and again. For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, DOW, Nikkei 225, shanghai composite index, stock market crash
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The Fed’s Edifice Crumbles Away
There have been many appeals to ignorance over the last several years with respect to the effectiveness of monetary policy. One popular tactic of policy goons is to point to an improved economic statistic – like unemployment – and self-adulate … Continue reading
Posted in MN Gordon, Politics
Tagged collapse, DOW, federal reserve, government meddling, janet yellen
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Deflation with a Capital D
There’s a good ole fashioned market panic taking place in the Far East. Buyers of Chinese stocks have become scarcer than hen’s teeth. Even the highly visible hand of the Chinese government can’t arrest the freefall. On Monday, for example, … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, collapse, commodities cycle, default, deflation, shanghai composite index
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The Perfect Storm Bearing Down Upon Us
The barbarous relic wasn’t the only thing that got smashed last week. Commodities did too. On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped. Oil did too…falling below $50 a barrel. Still, … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, collapse, commodities, copper, oil prices
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