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Tag Archives: default
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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Ingesting Rabbit for Supper
All of the sudden boring old government bonds have become real interesting. For over the last six weeks a remarkable new awareness has come over the credit market… If you can believe it, interest rates don’t always go down. In … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, currency, debt, default, federal reserve, treasuries
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Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
Posted in Government Debt, MN Gordon
Tagged ben bernanke, collapse, currency, cyprus, debt, default, euro, european central bank, federal reserve
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