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Gold Price (Dollars per Oz)
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Tag Archives: default
Lessons from Squanto
Governments across the planet will go to any length to meddle in the lives and private affairs of their citizens. This is what our experiences and observations have shown. What gives? For one, politicians have an aversion to freedom and liberty. … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, government meddling, pilgrims, squanto
12 Comments
To Hell In A Bucket
“No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week. “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up. So, … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt, default, speed of light, speed of sound
15 Comments
The Government Debt Paradox: Pick Your Poison
“Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008. “They are opportunities to do big things.” At the time of his remark, Emanuel was eager to exploit … Continue reading
Posted in Government Debt, MN Gordon
Tagged chuck schumer, debt ceiling, default, hurricane harvey, mitch mcconnell, nancy pelosi, paul ryan, president trump, rahm emanuel
7 Comments
The Coming Debt Reckoning
American workers, as a whole, are facing a disagreeable disorder. Their debt burdens are increasing. Their incomes are stagnating. There are many reasons why. In truth, it would take several large volumes to chronicle all of them. But when you get down to … Continue reading
