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Tag Archives: default
The Best Laid Schemes of Mice and Men
Japan can’t seem to catch a break. On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier. Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of japan, currency, debt, default, japans finance ministry, yen
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How to Erase the Federal Debt and Other Bad Ideas
The world is rife with bad ideas. Just open your eyes and look around. Hardly a blink can be made without some bad idea coming into view. What’s more, the worse the idea…the more popular it becomes. Here’s a partial … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, congress, currency, debt, debt ceiling, default, dollar, john maynard keynes
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Facing the Facts of Financial Doom
Our politicians’ appetite to spend money they don’t have will never be satisfied. There’s always a boondoggle or meritless program in need of pork. Likewise, there’s always a politician or representative in need of votes. Spending other people’s money brings … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, currency, debt, default, dollar, federal reserve, fiscal cliff, retirement, treasuries
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Jerry’s Definitive Moonshot
Southern California has wonderful weather. Within the coastal zone it’s especially wonderful. The sun shines bright every day, there’s low humidity, and a cool breeze wafts off the Pacific Ocean making things perfectly pleasant. You just can’t beat it. But … Continue reading
Posted in Government Debt, MN Gordon
Tagged california, debt, default, jerry brown, taxes
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