Tag Archives: collapse

A Run on the United States Government

Posted on July 15, 2011 by MN Gordon

Things are ugly out there.  The governments of the world are going broke in unison.  Over in Europe, the credit ratings of Greece, Ireland, and Portugal have been downgraded to junk bond status.  Italian and Spanish debt is sure to … Continue reading →

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On Savages and Perpetual Infancy

Posted on June 14, 2011 by MN Gordon

Last Tuesday Federal Reserve Chairman Ben Bernanke said the economic recovery was “frustratingly slow.”  By Wednesday the yield on the 10-Year Treasury Note had dropped below 3 percent.  At the same time, stocks, oil, and gold were shellacked in unison. … Continue reading →

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Ending the Business Cycle with Guesswork

Posted on May 10, 2011 by MN Gordon

In the fall of 2010, the U.S. economy had been in recovery for about 18 months.  At least that was the official word from the National Bureau of Economic Research, which dated the recession from December 2007 to June 2009.  … Continue reading →

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History Is Coming

Posted on May 6, 2011 by MN Gordon

Mother Teresa once said, “If you can’t feed a hundred people, then just feed one.”  The way things are going, soon many people won’t only not be able to feed one person…they won’t be able to feed themselves. According to … Continue reading →

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