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Tag Archives: collapse
Property Confiscation Is Coming
Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism. There’s no justification we can rationalize for state sponsored theft. This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, currency, debt, default, freedom, government meddling, international monetary fund, taxes
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End Stimulus Now!
A dreary jobs market, stagnant GDP, declining household income, falling wages, workforce reduction, anemic production… You name it. The economy’s clunking down the road like an old Cutlass Supreme. No matter what fixes are made, the thing can’t seem to … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, collapse, congress, debt, default, monetizing debt
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The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, federal reserve, jobs, labor department, mark twain, tapering
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The Joy of Going for Broke
One of the fabulous familiarities of living in a fading society is that not a day goes by where something utterly flabbergasting doesn’t occur. We don’t like it, of course. But who are we to stand in the way of … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, food stamps, government action
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