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Tag Archives: currency
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 currency, DOW, mania, monetizing debt, negative interest rates
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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
Posted in Government Debt, MN Gordon
Tagged china, currency, debt, default, dollar, treasuries
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Not in a Million Years
Storylines serve a valuable purpose. They round out the incongruences and give meaning to things in a way people can quickly comprehend. This is especially true when it comes to the economy. The popular narrative of the day is that … Continue reading
Posted in Inflation, MN Gordon
Tagged currency, debt, default, dollar, euro, federal reserve
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Whirlwind Economics
Things may be looking up for the unemployed working stiff. After years of competing for scarce jobs with stagnant wages something extraordinary may be happening. If you can believe it, opportunity has finally come for the unemployed. According to the … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, currency, debt, jobs, labor department, treasuries, unemployed
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