Tag Archives: currency

The Great Workfare Era Is Here

New Congressional members arrived in Washington last month with much hoopla and the promise that a centrally directed, democratic economy, will usher in a new era of prosperity for all. This new Congress, however, isn’t looking to the hope and promise of the future. They’re looking to the despair and failings of the past. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 14 Comments

The Big Government Show Must Go On

The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 15 Comments

More Signs the End is Nigh

“What has been will be again, what has been done will be done again; there is nothing new under the sun,” explained Solomon in Ecclesiastes, nearly 3,000 years ago. Perhaps the advent of negative yielding debt would have been cause … Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 9 Comments

Economic Profanity

Significant changes are taking place.  As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets.  It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading

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