Tag Archives: debt

To Hell In A Bucket

Posted on September 15, 2017 by MN Gordon

“No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week.  “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up.  So, … Continue reading →

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

The Coming Debt Reckoning

Posted on May 5, 2017 by MN Gordon

American workers, as a whole, are facing a disagreeable disorder.  Their debt burdens are increasing.  Their incomes are stagnating. There are many reasons why.  In truth, it would take several large volumes to chronicle all of them.  But when you get down to … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 9 Comments

Simple Math of Bank Horsepucky

Posted on April 21, 2017 by MN Gordon

We stepped out on our front stoop Wednesday morning and paused to take it all in. The sky was at its darkest hour just before dawn.  The air was crisp.  There was a soft coastal fog.  The faint light of … Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Credit Contraction Episodes

Posted on April 7, 2017 by MN Gordon

Taking the path of least resistance doesn’t always lead to places worth going.  In fact, it often leads to places that are better to avoid.  Repeatedly skipping work to sleep in and living off credit cards will eventually lead to … Continue reading →

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