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Tag Archives: default
Attaining Self-Destruct Velocity
Some Monday mornings are better than others. Others are worse than some. For one Amazon employee, this past Monday morning was particularly bad. No doubt, the poor fellow would have been better off he’d called in sick to work. Such … Continue reading
Posted in Inflation, MN Gordon
Tagged debt, default, treasuries, trumpflation, trumpism, trumpnado
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Economic Profanity
Significant changes are taking place. As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets. It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, currency, debt, default, dollar, treasuries
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Abolish the Federal Debt Limit
One trouble with government programs is they mislead people. Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way. Time and time again, under the influence of a benevolent hand of government, … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt ceiling, default, retirement, saving, social security, taxes
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Deflation with a Capital D
There’s a good ole fashioned market panic taking place in the Far East. Buyers of Chinese stocks have become scarcer than hen’s teeth. Even the highly visible hand of the Chinese government can’t arrest the freefall. On Monday, for example, … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, collapse, commodities cycle, default, deflation, shanghai composite index
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