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Tag Archives: default
The Swamp Walker Delight
If you can understand how the modern swamp walker thinks, you are better positioned to see how credit rating agencies and stopgap bills are both moving America towards a similar end. Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt, debt ceiling, default
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The War and Peace of Secular Market Cycles
Projections from the Congressional Budget Office show Washington racking up an additional $20.2 trillion in debt over the next decade. That would put the national debt somewhere around $54 trillion. Continue reading
Posted in Economy, MN Gordon
Tagged congressional budget office, debt, default, interest rate, secular market cycles
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Everything’s Spooktacular
October wouldn’t be complete without a thrilling spooktacular surprise. The October 7 sneak attack by Hamas on Israel and Israel’s subsequent official declaration of war certainly fits the bill. But what else? Continue reading
How the Dianne Feinstein Effect Wrecked the Future
Attempting to spend a nation to prosperity using borrowed money at everyday low rates courtesy of the Fed is not without consequences. In the short run, an illusion of wealth can be erected. In the long run, that illusion slips into decay and disrepair. Rising interest rates expedite the failure of fiscal recklessness. Continue reading
Posted in MN Gordon, Politics
Tagged debt, default, dianne feinstein, federal reserve, treasuries
18 Comments