Tag Archives: default

Fire the Fed, Raise Tariffs, and Hope for the Best

Posted on July 18, 2025 by MN Gordon

President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion. Continue reading →

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The DogeFather in Exile

Posted on June 6, 2025 by MN Gordon

We wanted Elon Musk to succeed. We were pulling for his full triumph. He’s blasted countless satellites into orbit. He put EVs on the road. He saved free speech on social media. If anyone could cut $2 trillion in annual waste, he’s the guy. Continue reading →

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Triggering the Dollar’s Fateful Demise

Posted on May 2, 2025 by MN Gordon

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 →

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The Swamp Walker Delight

Posted on November 17, 2023 by MN Gordon

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 →

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