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Tag Archives: debt
The Joy of Going for Broke
One of the fabulous familiarities of living in a fading society is that not a day goes by where something utterly flabbergasting doesn’t occur. We don’t like it, of course. But who are we to stand in the way of … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, food stamps, government action
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Safe Investment Losses
The Labor Department reported Friday that employers added 195,000 new jobs to their payrolls in June. Nonetheless, the unemployment rate remained at 7.6 percent, as people entering the workforce subtracted out all job gains. Still, markets were delighted. The DOW … Continue reading
Posted in Economy, MN Gordon
Tagged currency, debt, default, dollar, labor department, treasuries
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Programs to Control the Uncontrollable
Things are melting up – and melting down – the world over. What’s more, summer’s only just begun. While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of japan, bubble, currency, debt, default, oil prices, yen
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Where the Big Lessons will be Learned
Reading the headlines of this week’s data reports tells the story of a strong, robust economy. According to the Commerce Department announcement on Tuesday, single-family home “sales increased 2.1 percent to a seasonally adjusted annual rate of 476,000 units – … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, business cycle, debt, treasuries, united states
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