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Tag Archives: default
Triggering the Dollar’s Fateful Demise
The dollar, as measured by the dollar index, is down about 7.68 percent since January 1. In the world of currencies, a 7.68 percent decline over four months is massive. Continue reading
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