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Tag Archives: euro
The Hell of Technocratic Prevarication
“…and the will of Zeus was moving toward its end.” – Homer, The Iliad Athens’ Burning The burden of being on top ultimately weighs a civilization down. Success is overreached. Advancement becomes unsustainable. Then, when everyone least expects it, something … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, euro, government action, greece
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2012: Predictions, Prognostications, and Prophecies
Before we turn the page to 2012 we must take a look back at the year that just passed so we can extract context for the year to come. Looking at where the stock market began and ended in 2011, … Continue reading
Posted in Government Debt, MN Gordon
Tagged ben bernanke, collapse, debt, default, dollar, euro, federal reserve, GDP, QE2, treasuries
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Divided We Stand United We Fall
By the time the Vandals sacked Rome in A.D. 455 the empire of the Caesars had already receded from Western Europe. Over several decades the vast territories of Britannia, Hispania, Gallia, and Italia gave way, piecemeal, to barbarians until imperial … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, collapse, currency, debt, euro, federal reserve, government meddling, interest rate, monetizing debt
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Warning Signs of a Financial Vesuvius
The Day Mount Vesuvius Blew “Injustice, swift, erect, and unconfin’d, Sweeps the wide earth, and tramples o’er mankind” – Homer, The Iliad Everything was just the way it was supposed to be in Pompeii on August 24, 79 A.D. The … Continue reading
Posted in MN Gordon, Politics
Tagged bubble, collapse, euro, GDP, government meddling, interest rate
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