Tag Archives: congress
On Savages and Perpetual Infancy
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
Posted in MN Gordon, Politics
Tagged ben bernanke, bubble, collapse, congress, government meddling, thinking
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Washington’s Budget Cut Farce
Market analyst David Rosenberg of Gluskin-Sheff sees another recession storm appearing on the horizon. The dark clouds forming are rising food and energy costs. He doesn’t believe consumers will be able to weather their fury. Using a little historical analysis … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, currency, government meddling, oil prices, QE2, QE3, treasuries
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