Tag Archives: default
Deliver Us From Idiots
A central benefit of the government’s debt ceiling calamity was the outstanding comedy it provided. We’ll certainly miss the B-rated entertainment. While it’s unfortunate a default was avoided, the whole hullabaloo served up some tasty performances. President Obama, for one, … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt ceiling, default, DOW, Nikkei 225
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Give Default A Chance
“Jove does not give all men their heart’s desire.” – Homer, The Iliad The Measures Are Killing Us Last week, following several shots of ouzo, the Greeks took to the streets of Athens. There, while attempting to surround Parliament, they … Continue reading
Posted in MN Gordon, Politics
Tagged debt, default, european central bank, greece, international monetary fund
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