Tag Archives: financial engineering
Financial Graffiti
The financial reckoning continues to move towards its end. The U.S. national debt has officially broken $40 trillion. This number is so massive it’s hard to comprehend. For example, if Washington paid down $1 billion of debt every single day, it would take nearly 110 years to settle the tab. Continue reading
Posted in Inflation, MN Gordon
Tagged default, dollar, financial engineering, interest rate, treasuries, treasury twist
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The Cure is Worse than the Disease
Today we look back to the recent past with singleness of purpose. Context and edification for the present economy is what we’re after. We have questions… How come the recovery has been so weak? Why is it that, nearly seven … Continue reading
Posted in MN Gordon, Politics
Tagged aig, bailouts, dick fuld, financial engineering, jim bunning, tarp
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