Tag Archives: default

Death to Zombies

Rising interest rates, no doubt, bring death to zombies. By zombies, we’re referring to those companies in the second camp that would have died long ago, if not for the sustenance of artificially suppressed cheap credit. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 24 Comments

Are You Ready for the Coming U.S. Government Default?

The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 32 Comments

Countdown to U.S. Government Default

The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s unadulterated hogwash. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 56 Comments

The Solution to Inflation

President Biden and his cohorts in Congress and at the Federal Reserve have delivered an early Christmas present. They’ve given Americans the gift of raging price inflation. The cost of just about everything has gone through the roof. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment